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Top 30 Digital Media Startup Investors in Nigeria (July 2026)

The most active venture capital funds and angel investors investing in Nigeria Digital Media startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Nigeria Digital Media startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Future Africa
VC Fund
3 Nigeria, United States, Kenya Seed, Pre-Seed, Series A Financial Services, FinTech, Information Technology $100k–$20M
Cascador
VC Fund
2 Nigeria, France, United States Debt Financing, Seed, Grant Financial Services, FinTech, Internet $15k–$1.8M
MaC Venture Capital
VC Fund
2 United States, Nigeria, Kenya Seed, Series A, Pre-Seed Software, Artificial Intelligence, Information Technology $770k–$40M
Luminate Group
VC Fund
2 Canada, Nigeria Seed SaaS, GovTech, Politics $600k–$3.3M
Nama Ventures
VC Fund
2 Saudi Arabia, Egypt, United Arab Emirates Seed, Pre-Seed, Series A E-Commerce, Information Technology, B2B $100k–$35M
RaliCap
VC Fund
2 United States, Mexico, Nigeria Seed, Pre-Seed, Angel Financial Services, FinTech, Payments $313k–$5.5M
Walid Aradi
Angel
1 India, United States, Nigeria Seed, Angel, Series A Information Technology, Internet, Health Care $500k–$4M
Josh Jones
Angel
1 United States, Nigeria Seed, Pre-Seed, Angel Software, 3D Printing, SMS $120k–$33M
TLcom Capital Partners
VC Fund
1 Nigeria, United States, United Kingdom Series A, Seed Software, Mobile, Information Technology $1.9M–$15M
Ventures Platform
VC Fund
1 Nigeria, United States, Kenya Seed, Pre-Seed Financial Services, FinTech, Internet $100k–$4.4M
Kepple Africa Ventures
VC Fund
1 Nigeria, Kenya, Egypt Seed, Pre-Seed Financial Services, FinTech, Software $300k–$4.5M
Unicorn Group
VC Fund
1 Kenya, Nigeria, South Africa Seed, Pre-Seed, Grant Apps, Internet, FinTech $100k–$2.3M
Vastly Valuable Ventures
VC Fund
1 Nigeria, United States, Egypt Seed, Pre-Seed, Convertible Note Financial Services, Information Technology, FinTech $1.3M–$52M
UNCOVERED FUND
VC Fund
1 Nigeria, Kenya, United States Seed, Series A FinTech, Financial Services, E-Commerce $1.5M–$20M
Melo7 Tech Partners
VC Fund
1 United States, Nigeria Seed, Series A, Series B E-Commerce, Digital Media, Shoes $1.3M–$70M
HoaQ
VC Fund
1 Nigeria, United Kingdom, United States Pre-Seed, Seed, Angel FinTech, Financial Services, Internet $100k–$3.3M
Tofino Capital
VC Fund
1 United States, Nigeria, Egypt Seed, Pre-Seed, Series A Software, SaaS, Information Technology $100k–$140M
Tayo Oviosu
Angel
1 Nigeria, Brazil, United States Angel, Seed, Pre-Seed Financial Services, SaaS, Credit $1.4M–$3.6M
Microtraction
VC Fund
1 Nigeria, United States, Ghana Pre-Seed, Seed, Angel Financial Services, FinTech, Software $25k–$1.3M
Wes Schwalje
Angel
1 India, United States, Mexico Seed, Pre-Seed, Angel FinTech, Financial Services, Information Technology $150k–$2M
Serena Ventures
VC Fund
1 United States, Canada, Spain Seed, Series A E-Commerce, Health Care, Women's $1.6M–$20M
Ham Serunjogi
Angel
1 Nigeria, United States, South Africa Seed, Pre-Seed, Series A FinTech, Finance, Mobile Apps $25k–$5.3M
Assembly Capital Partners
VC Fund
1 Nigeria, United States, United Kingdom Seed, Series A Information Technology, SMS, SaaS $1.4M–$7.7M
Samuel Kwame Boadu
Angel
1 Ghana, Nigeria News, Publishing, Digital Media
EchoVC Partners
VC Fund
1 United States, Nigeria, Kenya Seed, Series A, Pre-Seed Information Technology, FinTech, Software $200k–$22M
Eamon Jubbawy
Angel
1 United Kingdom, Hungary, Nigeria Seed, Pre-Seed, Series A Payments, Software, FinTech $293k–$8.6M
Probability Ventures
VC Fund
1
Now Venture Partners
VC Fund
1
NOA Capital
VC Fund
1
Kairos Angels
VC Fund
1 United States, Nigeria, Mexico Seed, Pre-Seed, Series A FinTech, Financial Services, B2B $500k–$20M
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Future Africa
VC Fund · San Francisco, California, United States · 3 investments in Nigeria Digital Media startups

Future Africa is a collective of mission-driven founders and funders building unicorns to solve Africa’s biggest challenges. They are build a future where purpose and prosperity are within everyone’s reach.

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Investment focus

  • Industry: Financial Services, FinTech, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Nigeria, United States, Kenya

Investor stats

  • Total investments: 89
  • Round size: Seed $500k–$4M; Pre-Seed $100k–$3.7M; Series A $7M–$20M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • STEM Cafe — STEMCafe by RVRB is a fun out of school learning centre for kids
  • Juicyway — Juice is a developer of a payment network platform for cross-border business payments for businesses and individuals. It facilitates financial transactions between parties regardless of location to allow enterprises to participate in international trade and the exchange of goods and services.
  • Lori Systems — Lori Systems is revolutionizing African logistics through innovative technology solutions. We connect shippers, transporters, and drivers to create efficient, reliable, and transparent supply chains across Africa.
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Cascador
VC Fund · Lekki, Lagos, Nigeria · 2 investments in Nigeria Digital Media startups, 10 in the past 12 months

Cascador | Business Growth Accelerator for Mid-Stage Nigerian Companies Cascador is a business growth program for Nigerian entrepreneurs leading mid-stage companies, providing mentoring and access to advisors, and investors.

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Investment focus

  • Industry: Financial Services, FinTech, Internet
  • Stage:Debt Financing, Seed, Grant
  • Geography: Nigeria, France, United States

Investor stats

  • Total investments: 27
  • Round size: Grant $15k–$115k; Debt Financing $146k–$1.8M
  • Lead/follow: 81% lead, 19% follow

Portfolio highlights

  • Indigenius AI — CDIAL develops conversational AI tailored for African languages, enhancing communication and understanding through localized technology solutions.
  • Stears — Stears Business has a simple mission: deliver original, analytical, well-written stories that make sense of the Nigerian economy
  • Koolboks — Koolboks: solar-powered, financially accessible fridges with an integrated pay-as-you-go platform dedicated to making cooling accessible to all of Sub-Saharan Africa. Get a Koolboks refrigerator for as little as 25k Naira down payment today!
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MaC Venture Capital
VC Fund · Los Angeles, California, United States · 2 investments in Nigeria Digital Media startups

MaC Venture Capital is an early-stage venture capital firm focused on finding ideas, technology, and products that can become infectious. The firm invests in technology companies that benefit from shifts in cultural trends and behaviors in an increasingly diverse global marketplace.MaC VC is the result of the merger between successful LosAngeles and Bay Area-based Seed funds, Cross Culture Ventures, and M Ventures.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Nigeria, Kenya

Investor stats

  • Total investments: 257
  • Round size: Seed $1.9M–$9.1M; Pre-Seed $770k–$4.3M; Series A $6M–$40M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely actively investing — fund raised in 2024

Portfolio highlights

  • Skurt — Get an affordable pre-owned vehicle from right where you are and for as long as you choose.
  • Zevvy — Flux makes it easy and affordable for drivers to go electric.
  • Lend Street Financial — LendStreet mission is simple help people get out of debt, rebuild their credit, and get a fresh start. They have partnerships within the financial sector which allow them to negotiate discounts on debts, which means they can pass on the discount to our customers and they in turn can get out of debt sooner, rebuild their credit and get on withtheir lives.
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Luminate Group
VC Fund · London, England, United Kingdom · 2 investments in Nigeria Digital Media startups

Luminate is a global foundation working to ensure that technology serves our needs and wellbeing.

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Investment focus

  • Industry: SaaS, GovTech, Politics
  • Stage:Seed
  • Geography: Canada, Nigeria

Investor stats

  • Total investments: 3
  • Round size: Seed $600k–$3.3M
  • Lead/follow: 67% lead, 33% follow

Portfolio highlights

  • Stears — Stears Business has a simple mission: deliver original, analytical, well-written stories that make sense of the Nigerian economy
  • New/Mode — New/Mode is the multi-channel advocacy & civic engagement platform that organizations, campaigns & causes use to win. Join the New/Mode Community.
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Nama Ventures
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 2 investments in Nigeria Digital Media startups

NAMA VENTURES TECH FOUNDERS FUNDING TECH STARTUPS LOOKING FOR FUNDING? APPLY NOW

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Investment focus

  • Industry: E-Commerce, Information Technology, B2B
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Saudi Arabia, Egypt, United Arab Emirates

Investor stats

  • Total investments: 53
  • Round size: Seed $120k–$5.6M; Pre-Seed $100k–$2.4M; Series A $5.2M–$35M
  • Lead/follow: 51% lead, 49% follow

Portfolio highlights

  • Cargoz — Cargoz is a logistics startup that connects SMEs looking for warehousing space with warehousing companies who has extra capacity, like Airbnb but for commercial warehousing & storage.
  • Muqbis — As the word Muqbis means, our main job is to connect talented hands and home based businesses to their targeted customers and support them to grow their businesses hassle free. On the other hand Muqbis opens a wide market to support customers find “the made with love home products and services” they look for and compare varieties, prices and findnearby providers. In Muqbis we believe that world is changing, life patterns are changing and for sure work styles are changing and we are here for it.
  • PIESHIP — Pieship is a logistics startup serving last mile and their customers using Ai and crowdsourcing.
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RaliCap
VC Fund · San Francisco, California, United States · 2 investments in Nigeria Digital Media startups

Rally Cap is a global community of tech folks investing in an exclusive portfolio of top-tier early stage venture funds in Latin America and sub-Saharan Africa.

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Investment focus

  • Industry: Financial Services, FinTech, Payments
  • Stage:Seed, Pre-Seed, Angel
  • Geography: United States, Mexico, Nigeria

Investor stats

  • Total investments: 61
  • Round size: Seed $1.4M–$5.5M; Pre-Seed $313k–$3.7M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • Moffin — Moffin is an integration platform of KYC data providers that enables customers to collect and evaluate data. It can be used via API or no code.
  • Cata — Launch your branded mobile app for ordering, CRM & loyalty. Increase order frequency & basket size. Learn how Cata can scale your business!
  • Gangkhar Inc
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Walid Aradi
Angel · 1 investments in Nigeria Digital Media startups

Entrepreneur, investor. Advising global tech companies navigate through MENA+ regulatory environments, market entry and scaling

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Investment focus

  • Industry: Information Technology, Internet, Health Care
  • Stage:Seed, Angel, Series A
  • Geography: India, United States, Nigeria

Investor stats

  • Total investments: 23
  • Round size: Seed $500k–$4M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • HelpNow — HelpNow Corporate Site
  • Stitch — One API integration for enterprise online payments across South Africa. Accept Pay by bank, debit + credit card, cash, manual EFT, debit order and crypto.
  • Termii — Termii is an online platform that helps teams secure repeat customers by sending personalized emails and SMS through multiple.Termii helps African businesses communicate with customers across SMS, email, voice, and instant messaging channels. The company was founded in 2014 and is based in Lagos, Nigeria.
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Josh Jones
Angel · Los Angeles, California, United States · 1 investments in Nigeria Digital Media startups

Josh Jones is a Partner HMC INQ and Founder of Did I Err Productions. He is a former Co-Founder & CTO at DreamHost.

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Investment focus

  • Industry: Software, 3D Printing, SMS
  • Stage:Seed, Pre-Seed, Angel
  • Geography: United States, Nigeria

Investor stats

  • Total investments: 16
  • Round size: Seed $1.1M–$33M; Pre-Seed $120k–$1.6M
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • Toybox Labs — Toybox is the ultimate 3d printing experience for kids. It enables children to print thousands of toys at the push of a button right at home.
  • FlyCoin — Flycoin is a first of its kind crypto-based rewards program that pays guests every time they fly or transact with our partners.
  • Termii — Termii is an online platform that helps teams secure repeat customers by sending personalized emails and SMS through multiple.Termii helps African businesses communicate with customers across SMS, email, voice, and instant messaging channels. The company was founded in 2014 and is based in Lagos, Nigeria.
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TLcom Capital Partners
VC Fund · London, England, United Kingdom · 1 investments in Nigeria Digital Media startups

TLcom Capital, is an Africa focused tech VC, with offices in Lagos, Nairobi and London. TLcom had been investing since 1999 in Tech, Media, Mobil and Internet companies across Europe, US and Africa, which is the exclusive focus of its most recent TLcom TIDE Africa funds. TLcom manages total commitments of approximately 300 million USD in thesesectors via a series of dedicated investment vehicles. Our investment strategy is to identify, back and assist world class entrepreneurs and management teams with disruptive technologies and business models, compelling intellectual property and deep market knowledge. We primarily target companies focused on Africa as a prime market, in the following investment themes: Access to Data Service; Financial Services; eCommerce; B2C applications (including but not limited to: health, education, energy, media and entertainment); and Software solutions to corporates and SMEs.

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Investment focus

  • Industry: Software, Mobile, Information Technology
  • Stage:Series A, Seed
  • Geography: Nigeria, United States, United Kingdom

Investor stats

  • Total investments: 68
  • Round size: Seed $1.9M–$8.5M; Series A $3.8M–$15M
  • Lead/follow: 56% lead, 44% follow
  • Last fund: Likely still investing — raised $150M in 2022

Portfolio highlights

  • Autochek — Welcome To Autochek Group's Homepage. Read About The Company's Vision And Mission. Select A Country And Apply For Car Loans
  • HoneyCoin — HoneyCoin is a web3/web2 ecosystem of products built in a way that abstracts complexity and brings all the value of web3 and web2 to the forefront.
  • Ilara Health — Ilara Health helps primary care clinics across Africa deliver better care.
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Ventures Platform
VC Fund · Abuja, Federal Capital Territory, Nigeria · 1 investments in Nigeria Digital Media startups

We back founders building the future of Africa. We invest in companies that solve for non-consumption, plug infrastructural gaps and democratise prosperity in Africa, by eliminating the barriers for access and reducing the costs of delivering goods and services.

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Investment focus

  • Industry: Financial Services, FinTech, Internet
  • Stage:Seed, Pre-Seed
  • Geography: Nigeria, United States, Kenya

Investor stats

  • Total investments: 148
  • Round size: Seed $325k–$4.4M; Pre-Seed $100k–$3M
  • Lead/follow: 28% lead, 72% follow

Portfolio highlights

  • Brass — Get started with a modern current account
  • MarketForce — MarketForce connects Africa’s informal retail outlets and consumers directly to suppliers of consumer goods and financial services by digitizing orders, delivery, and payments with the aim of solving the last mile distribution challenge.
  • ThankUCash — ThankUCash is a technology company powering rewards and loyalty for African banks and businesses. ThankUCash helps merchants grow revenue by connecting them to customers within and outside of their locations while retaining acquired customers using a data analytics-powered reward system where customers earn cash rewards for every transaction madeboth offline and online.
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
Kepple Africa Ventures
VC Fund · Tokyo, Tokyo, Japan · 1 investments in Nigeria Digital Media startups

We back exceptional founders in and from Africa who are addressing deep gaps between the status quo and the ideal.

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Seed, Pre-Seed
  • Geography: Nigeria, Kenya, Egypt

Investor stats

  • Total investments: 78
  • Round size: Seed $500k–$4.5M; Pre-Seed $300k–$3.4M
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • Intmax — INTMAX has developed significant innovations in ZK implementation making it a unique Layer2 rollup network that offers low cost, security, tunable privacy, and above all, scalability.
  • TIBU Health — TIBU Health is a disruptive HealthTech logistics company that provides high-quality healthcare services.
  • Onboard — Onboard helps hardware companies transform their text manuals to 3D, intelligent manuals with instant customer support capabilities.
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Unicorn Group
VC Fund · Lagos, Lagos, Nigeria · 1 investments in Nigeria Digital Media startups

Infrastructure Training Mentorship Market Access Capital We provide infrastructure, training, mentorship, market access and patient capital for entrepreneurs, technology start-ups and early stage companies to address the challenges that they encounter.

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Investment focus

  • Industry: Apps, Internet, FinTech
  • Stage:Seed, Pre-Seed, Grant
  • Geography: Kenya, Nigeria, South Africa

Investor stats

  • Total investments: 5
  • Round size: Seed $100k–$2.3M; Pre-Seed $350k–$1.4M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Swept AI — Swept AI is a software company that provides AI applications tool, compliance infrastructure and security services.
  • Big Cabal Media — Big Cabal Media is a Nigerian digital media company making amazing content loved by young and passionate Africans everywhere
  • Ubawa Technologies — A payment processing platform that helps social media entrepreneurs accept payments and increase their customer conversion and retention rate with our conversational AI chat bot.
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Vastly Valuable Ventures
VC Fund · Abu Dhabi, Abu Dhabi, United Arab Emirates · 1 investments in Nigeria Digital Media startups

Investing In Vanguard, Visionary, Valiant Founders

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Investment focus

  • Industry: Financial Services, Information Technology, FinTech
  • Stage:Seed, Pre-Seed, Convertible Note
  • Geography: Nigeria, United States, Egypt

Investor stats

  • Total investments: 17
  • Round size: Seed $2M–$52M; Pre-Seed $1.3M–$1.3M; Convertible Note $20M–$20M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Qardy — Qardy provide SMEs with a comprehensive array of financial services, such as factoring, leasing, long-term and short-term loans, and leasing. Our objectives are to empower SMEs, encourage financial inclusion, and close the loan financing gap.
  • CreditChek — Bridging the trust gap between global credit businesses and underserved African consumers.
  • Renda — At Renda, we are passionate about revolutionizing the logistics and mobility sectors with cutting-edge technology that enables businesses and operators to seamlessly scale in emerging markets.
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UNCOVERED FUND
VC Fund · Tokyo, Tokyo, Japan · 1 investments in Nigeria Digital Media startups

UNCOVERED FUND is a venture capital firm that leads the creation of industries in Africa and other emerging countries.

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Investment focus

  • Industry: FinTech, Financial Services, E-Commerce
  • Stage:Seed, Series A
  • Geography: Nigeria, Kenya, United States

Investor stats

  • Total investments: 29
  • Round size: Seed $1.5M–$3.7M; Series A $2.2M–$20M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: May invest from a new fund soon — raised $15M in 2021

Portfolio highlights

  • Sylndr — Sylndr is an automotive focused e-commerce marketplace bringing innovation to the used-cars market, where customers can reliably and transparently sell and buy used cars. The company is aiming to build trust in the used-car market by becoming the go-to place for customers seeking to sell and buy their cars, through an extensive range ofhigh-quality used vehicles accessible across a diverse set of financing solutions.
  • Chari — Chari is an e-commerce and fintech app for traditional retailers in French-Speaking Africa allowing them to order any consumer goods they sell and get delivered for free in less than 24 hours. Chari is also a financial services provider for these retailers, offering them microloans
  • Mecho — Mecho is an on-demand auto repair and maintenance platform for individuals and businesses in Africa.
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Melo7 Tech Partners
VC Fund · New York, New York, United States · 1 investments in Nigeria Digital Media startups

Melo7 Tech Partners, LLC was founded by Carmelo Anthony and Stuart Goldfarb to invest in and develop opportunities primarily in early stage digital media, consumer internet and technology ventures.

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Investment focus

  • Industry: E-Commerce, Digital Media, Shoes
  • Stage:Seed, Series A, Series B
  • Geography: United States, Nigeria

Investor stats

  • Total investments: 21
  • Round size: Seed $1.3M–$5M; Series A $6M–$21M; Series B $11M–$70M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Stears — Stears Business has a simple mission: deliver original, analytical, well-written stories that make sense of the Nigerian economy
  • Ambrosia — Industrial/Organic is an organic waste solutions provider that offers infrastructure-as-a-service to waste industry. The company converts food scraps into high-value resources in a distributed facility model.
  • Mercury — Everything you do with money. All in one place. Apply in 10 minutes for business banking that transforms how you operate.
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HoaQ
VC Fund · Dublin, Dublin, Ireland · 1 investments in Nigeria Digital Media startups

Startup Investment Club

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Investment focus

  • Industry: FinTech, Financial Services, Internet
  • Stage:Pre-Seed, Seed, Angel
  • Geography: Nigeria, United Kingdom, United States

Investor stats

  • Total investments: 29
  • Round size: Seed $1.7M–$3.3M; Angel $100k–$130k; Pre-Seed $115k–$1M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • Chowdeck — Order food, groceries, drinks, medicines & everyday essentials from top restaurants, pharmacies, local markets, and stores near you. Fast delivery with Chowdeck.
  • Klas — Anyone, anywhere can teach online. Create & sell your ebooks, courses, and live classes- all on Klas.
  • La Ruche Health Inc. — LaRuche Health offers inclusive apps that simplify care delivery and improve patient access to preventive healthcare services.
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Tofino Capital
VC Fund · Washington, District of Columbia, United States · 1 investments in Nigeria Digital Media startups

Tofino Capital is an early stage investor in emerging market technology companies.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Nigeria, Egypt

Investor stats

  • Total investments: 25
  • Round size: Seed $2.2M–$22M; Pre-Seed $100k–$1M; Series A $25M–$140M
  • Lead/follow: 12% lead, 88% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Vultron — Compress proposal production timeframes from weeks into days with Generative AI.
  • Terra Industries — Terra Industries develops autonomous security systems and software platforms that support the monitoring and protection of physical assets, infrastructure, and operational environments across land, air, and maritime domains. The company provides unmanned vehicles, autonomous towers, and sensor-based surveillance hardware that collect and transmitdata for continuous situational awareness. Its software layer, built around an integrated operating system, processes sensor inputs, applies artificial intelligence models, and coordinates automated responses to detected events. Terra Industries designs its systems to support functions such as perimeter security, infrastructure monitoring, asset tracking, and threat detection within complex operational settings. The company’s platforms enable operators to manage multiple autonomous devices through a unified interface that supports mission planning, data visualization, and system control. Its technology is used by organizations that require coordinated security, monitoring, and response capabilities for facilities, remote sites, and distributed operations.
  • Irreversible — Irreversible designs next-generation analog AI chips that enable meaningful intelligence anywhere — from sensors to robots.
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Tayo Oviosu
Angel · Lagos, Lagos, Nigeria · 1 investments in Nigeria Digital Media startups

Tayo is the Founder & Group CEO of Paga (www.paga.com), Nigeria’s leading mobile money service. Prior to Paga, Tayo was Vice-President at Travant Capital Partners, a private equity fund in West Africa. Prior to joining Travant, Tayo was a Manager, Corporate Development, at Cisco Systems in San Jose California. Tayo’s work at Paga has beenrecognized globally - in 2014 CNBC selected Tayo as the Entrepreneur of the Year West Africa, and in 2015 the African Leadership Network selected Paga as the outstanding growing company of the year in Africa. Tayo is also the co-founder of Kairos Angels, an angel investment club.Tayo earned his Bachelors of Science degree in Electrical Engineering, cum laude, from the University of Southern California, and also has a Masters in Business Administration from the Graduate School of Business, Stanford University.

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Investment focus

  • Industry: Financial Services, SaaS, Credit
  • Stage:Angel, Seed, Pre-Seed
  • Geography: Nigeria, Brazil, United States

Investor stats

  • Total investments: 10
  • Round size: Seed $1.4M–$3.6M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • RELAYTO AI Regulated Content Platform — RELAYTO converts your PDFs & presentations to interactive web experiences with instant branding, analytics & more
  • Tyms — Tyms online accounting software for your business connects you to your bank, accountant, bookkeeper, and other business apps. Start a free trial today. Also available in Nigeria, Ghana, Mauritius and South Africa.
  • Venco Platforms — Venco automates visitor management, billing, and collections, as well as smart utility vending for communities across Africa.
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Microtraction
VC Fund · Lagos, Lagos, Nigeria · 1 investments in Nigeria Digital Media startups

We invest in Africa's most remarkable teams with technical founders at the earliest stage of their venture

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Pre-Seed, Seed, Angel
  • Geography: Nigeria, United States, Ghana

Investor stats

  • Total investments: 104
  • Round size: Seed $25k–$1.3M; Angel $30k–$50k; Pre-Seed $50k–$1.1M
  • Lead/follow: 23% lead, 77% follow

Portfolio highlights

  • Spring in Africa — Wallets Africa helps Africans and African-owned businesses send money, receive money, make card payments, and access overdrafts.
  • Allpro Technologies — Their mission is to Facilitate the free flow of finance and data in the school ecosystem.
  • ThankUCash — ThankUCash is a technology company powering rewards and loyalty for African banks and businesses. ThankUCash helps merchants grow revenue by connecting them to customers within and outside of their locations while retaining acquired customers using a data analytics-powered reward system where customers earn cash rewards for every transaction madeboth offline and online.
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Wes Schwalje
Angel · 1 investments in Nigeria Digital Media startups

Operator at nexus of policy, tech, and dev, investor, advised 8 unicorns on MENAP entry/scale-up, support Big Tech / startups to get along with govt

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Investment focus

  • Industry: FinTech, Financial Services, Information Technology
  • Stage:Seed, Pre-Seed, Angel
  • Geography: India, United States, Mexico

Investor stats

  • Total investments: 39
  • Round size: Seed $150k–$2M; Pre-Seed $360k–$740k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • VC Lab — We help idea-stage entrepreneurs and pre-seed startups get funding, build a team, get into seed-accelerators, generate traction, and launch impactful businesses.
  • HelpNow — HelpNow Corporate Site
  • OlaClick (YC W21) — Create electronic menu boards for your restaurant or store. It is totally free. QR codes menu or digital menu boards. Digitalize your menu in an instant and start receiving orders !
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Serena Ventures
VC Fund · San Francisco, California, United States · 1 investments in Nigeria Digital Media startups

Serena Ventures focuses on early-stage companies and giving them the opportunity to be heard. Serena Ventures extends relationships, encourages collaboration among portfolio companies, and expands partnership opportunities across my vast network.

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Investment focus

  • Industry: E-Commerce, Health Care, Women's
  • Stage:Seed, Series A
  • Geography: United States, Canada, Spain

Investor stats

  • Total investments: 80
  • Round size: Seed $1.6M–$7.3M; Series A $4M–$20M
  • Lead/follow: 26% lead, 74% follow
  • Last fund: Likely still investing — raised $111M in 2022

Portfolio highlights

  • Midi Health — Expert care for women 40+. Made for midlife. Delivered by experienced clinicians. Covered by insurance. Book a visit today.
  • Rebels — Rebelstork was born to make Parenting Lighter. We are the largest tech-driven marketplace for baby gear in North America - diverting overstock and retailer returned baby gear away from landfills and into the homes of customers at a fraction of the retail price.
  • Formulary Financial — Formulary Financial is a modern fund administrator that combines best-in-class talent and technology to deliver unparalleled partnership for GPs and LPs.
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Ham Serunjogi
Angel · San Francisco, California, United States · 1 investments in Nigeria Digital Media startups

Ham Serunjogi is a co-founder and CEO at Chipper Cash.

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Investment focus

  • Industry: FinTech, Finance, Mobile Apps
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Nigeria, United States, South Africa

Investor stats

  • Total investments: 8
  • Round size: Seed $25k–$5.3M; Pre-Seed $240k–$3.7M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • Caliza — Give your users access to the digital dollar economy. Get early access!
  • Sudo — Sudo is an open API platform that enables businesses to embed powerful financial features into their products. Build in minutes, launch in days.
  • CreditChek — Bridging the trust gap between global credit businesses and underserved African consumers.
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Assembly Capital Partners
VC Fund · London, England, United Kingdom · 1 investments in Nigeria Digital Media startups

Assembly Capital Partners operates as a Venture Capital.

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Investment focus

  • Industry: Information Technology, SMS, SaaS
  • Stage:Seed, Series A
  • Geography: Nigeria, United States, United Kingdom

Investor stats

  • Total investments: 4
  • Round size: Seed $1.4M–$7.7M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Instanda — Instanda is a SaaS insurance software platform that allows insurance companies to build, configure, and launch products online. Its no-code product design platform is built on a powerful set of insurance specific calculations, processing, and workflow capabilities.Instanda works with the carriers, MGAs, and brokers in UK, Europe, US, Canada, LATAMand Australia converting the lethargic back office to an agile front office, freeing the industry from high-cost legacy systems.Founded in 2012, Instanda is headquartered in London, England.
  • Aqua Voice — Aqua is a voice-controlled text editor. It employs a fusion Audio+LLM architecture to transcribe what you meant rather than exactly what you said.
  • Index Coop — Index Coop builds decentralized and exchange traded (ETF) crypto index funds based on web3 product themes. Buy & build your crypto assets investment portfolio with us today
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Samuel Kwame Boadu
Angel · 1 investments in Nigeria Digital Media startups

Editor-In-Chief @ Accra Sports News Founding CEO @ SamBoad Business Group Ltd Editor-In-Chief & Founder @ Accra Street Journal

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Investment focus

  • Industry: News, Publishing, Digital Media
  • Geography: Ghana, Nigeria

Investor stats

  • Total investments: 3
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Accra Sports News — Accra Sports News, an extension of Accra Street Journal, is your go-to hub for up-to-the-minute sports coverage in Ghana and beyond. From football, boxing, and athletics to breaking sports headlines and exclusive player stories, we deliver trusted, fast, and in-depth sports journalism
  • Accra Street Journal — Accra Street Journal is Ghana’s source for business, finance, technology, and economic news, providing in-depth analysis and insights into the country’s evolving markets. They deliver timely and credible news on key sectors, including banking, entrepreneurship, innovation, and government policies, ensuring our readers stay informed about the forcesshaping Ghana’s economic landscape.Our mission is to bridge the information gap between businesses, policymakers, and the public, empowering entrepreneurs, investors, and decision-makers with accurate and actionable intelligence. With a strong focus on investigative journalism and expert commentary, Accra Street Journal is your trusted guide to understanding Ghana’s financial world.Stay ahead with breaking news, exclusive interviews, and expert opinions from the heart of Accra’s business district and beyond.
  • The High Street Business — The High Street Business provides news and information about business, markets, and finance. It reports updates on trade, commerce, retail, and investment trends that shape the economy. The platform shares articles about enterprise, policy, and insights related to economic activities and developments. It publishes editorials and analyses thatexplain key topics in the business environment. It features reports about technology, finance, and public policy that influence local and regional markets. It also offers guides and discussions about topics such as digital payments, mining, and financial security.
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EchoVC Partners
VC Fund · Lagos, Lagos, Nigeria · 1 investments in Nigeria Digital Media startups

EchoVC Partners is a seed and early-stage venture capital firm focused on financing and cross-pollinating leading technologies, teams, business models, and knowledge across North America, Africa, and SE Asia. The average investment size ranges from $25,000 to several million dollars depending on the stage of opportunity and capital needs of thebusiness.

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Investment focus

  • Industry: Information Technology, FinTech, Software
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Nigeria, Kenya

Investor stats

  • Total investments: 51
  • Round size: Seed $200k–$4M; Pre-Seed $400k–$1.9M; Series A $1.2M–$22M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: Likely still investing — raised $8M in 2023

Portfolio highlights

  • Printivo — Design & print Business Cards, flyers, mugs and other print products online and we will deliver your doorstep. Get instant quotes.
  • S&T Media — AdPump The Best Digital Platform to advertise your products and services
  • Rana Energy — No. 1 Solar Community in Africa
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Eamon Jubbawy
Angel · London, England, United Kingdom · 1 investments in Nigeria Digital Media startups

Eamon Jubbawy is the co-founder of Onfido, Sequence, Safi and Isometric.

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Investment focus

  • Industry: Payments, Software, FinTech
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United Kingdom, Hungary, Nigeria

Investor stats

  • Total investments: 12
  • Round size: Seed $2.3M–$8.6M; Pre-Seed $293k–$6.7M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Skrap — Skrap is an on-demand mobile marketplace for skip hire and other waste collection services.
  • Fertifa — Fertifa is an innovative employer benefit solution making fertility care more accessible and affordable.The company works with employers to offer a valuable employee benefit which bridges the gap between an employer and their employees when dealing with the sensitivity and privacy of employees’ reproductive issues. It also offers guidance andadvice, next-generation fertility treatment, and access to a range of holistic services for the best chance of success. The company was founded in 2019 and based in London, United Kingdom.
  • Volter — Volter software offers a comprehensive solution for commercial and industrial property owners to deploy, manage, and improve solar assets.
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Probability Ventures
VC Fund · Toronto, Ontario, Canada · 1 investments in Nigeria Digital Media startups

Probability Ventures is a venture capital firm.

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Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Termii — Termii is an online platform that helps teams secure repeat customers by sending personalized emails and SMS through multiple.Termii helps African businesses communicate with customers across SMS, email, voice, and instant messaging channels. The company was founded in 2014 and is based in Lagos, Nigeria.
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Now Venture Partners
VC Fund · New York, New York, United States · 1 investments in Nigeria Digital Media startups

Now Venture Partners is an investment firm.

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Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Payday — Send and receive money globally. Create virtual Mastercards that work anywhere online.
  • Termii — Termii is an online platform that helps teams secure repeat customers by sending personalized emails and SMS through multiple.Termii helps African businesses communicate with customers across SMS, email, voice, and instant messaging channels. The company was founded in 2014 and is based in Lagos, Nigeria.
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NOA Capital
VC Fund · London, England, United Kingdom · 1 investments in Nigeria Digital Media startups

NOA Capital is a venture capital investment firm.

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Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Termii — Termii is an online platform that helps teams secure repeat customers by sending personalized emails and SMS through multiple.Termii helps African businesses communicate with customers across SMS, email, voice, and instant messaging channels. The company was founded in 2014 and is based in Lagos, Nigeria.
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Kairos Angels
VC Fund · 1 investments in Nigeria Digital Media startups

An investment club partnering with visionary entrepreneurs to create disruptive and innovative companies that have the potential to be come regional leaders and global challengers. ideas@kairosangels.com

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Investment focus

  • Industry: FinTech, Financial Services, B2B
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Nigeria, Mexico

Investor stats

  • Total investments: 13
  • Round size: Seed $1.4M–$5M; Pre-Seed $500k–$3.7M; Series A $7.2M–$20M
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • Nestcoin — Nestcoin is a web3 application company that builds, operates, and invests in crypto-native products.
  • Belong — Belong is a personal finance platform for people who are ready to play the long game.
  • Cleva — For anyone with global financial needs, A US-based dollar account in your name to receive, hold, and save USD.
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Digital Media Investor funding in Nigeria at a glance

Stats across 21 deals from 47 investors.

47
investors
in Nigeria Digital Media startups
21
deals
in Nigeria Digital Media startups
$800k
median round
in Nigeria Digital Media startups
43%
lead investors
lead at least one round
38%
Seed
most common funding stage
85/15
VC / Angel
share of investor count

Access all 47 investors in Nigeria Digital Media startups.

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