Top 50 SaaS VC Funds in Nigeria

A list of 50 Nigeria vc funds investing in saas. Updated every month. Powered by Shizune.
Investors in the list rank based on the number of investments in Saas Nigeria companies. The investor list contains vc funds. You can find favourite industries and stages of each investor on the list. Sep 2022

SaaS VC Funds in Nigeria

Name	Number of investments	Relevant deals	Favorite stages	Favorite industries	Description
Ventures Platform	63	23	Seed; Pre-Seed; Funding Round	Financial; Software; Internet	Ventures Platform Fund is a discovery fund that invests early in mission-driven founders that are building capital-efficient platforms that democratise prosperity, plug infrastructural gaps, connect underrepresented communities, solve for non-consumption, and improve livelihoods in Africa.
Microtraction	33	13	Pre-Seed; Seed; Angel	Financial; Software; Payments	We invest in Africa's most remarkable teams with technical founders at the earliest stage of their venture
LoftyInc Capital Management	49	10	Seed; Pre-Seed; Series A	Software; Financial; Commerce/Shopping	LoftyInc Capital Management empowers Afropreneurs to build a prosperous and equitable future in Africa. We deliver value to both founders and investors.........
Musha Ventures	115	9	Seed; Pre-Seed; Series A	Software; Financial; IT	Seed capital for technology startups globally.
TLcom Capital Partners	48	9	Series A; Funding Round; Series B	Software; Mobile; Hardware	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.
Future Africa	47	8	Seed; Pre-Seed; Series A	Financial; Software; IT	Future Africa is a platform that provides capital, coaching and community for mission driven innovators
Golden Palm Investments	48	8	Seed; Series A; Pre-Seed	Transportation; Financial; IT	Golden Palm Investments is an investment holding and advisory company.
Ingressive Capital	23	7	Pre-Seed; Seed; Series A	Financial; Software; Payments	Ingressive Capital they provide services in business development, partnerships, and financial support.
CRE Venture Capital	46	7	Seed; Series A; Pre-Seed	Software; Other; Financial	CRE Venture Capital invests in visionary founders building category-defining tech companies levered to Africa. Founded by Pardon Makumbe and Pule Taukobong in 2015, CRE Venture Capital is headquartered in New York, NY.
Kepple Africa Ventures	43	7	Seed; Pre-Seed; Series A	Software; Financial; IT	Kepple Africa Ventures is an early-stage venture capital firm.
Lateral Capital	29	7	Seed; Series A; Pre-Seed	Financial; Software; Lending and Investments	African Venture Capital Fund investing in digital infrastructure
Consonance Investment Managers	27	6	Seed; Series A; Pre-Seed	Software; Other; Commerce/Shopping	Consonance Investment Managers is focused on making investments in high quality early stage and growing businesses across sub-Saharan Africa.
EchoVC Partners	39	6	Seed; Series A; Pre-Seed	Software; Internet; Transportation	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. Average investment size ranges from $25,000 to several million dollars depending on the stage of opportunity and capital needs of the business.Our team focuses on capitalizing on the benefits that geodiversity and knowledge transfer provide to successfully fund the best entrepreneurs and companies in the geographic markets we serve. We are interested in finding and funding amazing teams to build, deliver and scale services and products that matter to local and eventually global audiences. Our segments of interest include: Consumer Internet and Services, SmartGraph and SmartData, Mobile, Digital Media, Content and Advertising, E/M-commerce, Software, Tech-enabled Services and Enterprise Infrastructure. In Africa and SE Asia, we're focusing on the underserved seed/early-stage venture and growth capital technology investment opportunities. Using our Silicon Valley insights and experience, along with knowledge as an amplifier, we aim to fund and develop strategic platforms, incubate local high potential growth companies and help develop mentorship opportunities and local networks. Our goal is to add significant value to, and grow, the tech-based entrepreneurial ecosystems across the continent(s).EchoVC is passionate about supporting world class entrepreneurs.
Tencent	370	6	Series B; Series A; Series C	Software; Internet; Media and Entertainment	Tencent is an internet service portal offering value-added internet, mobile, telecom, and online advertising services. Its communications and social platforms Weixin and QQ connect users with each other, with digital content and daily life services in just a few clicks. Tencent has maintained steady growth under its user-oriented operatingstrategies. It provides value-added internet, mobile, and telecom services, as well as online advertising under the strategic goal of providing users with "one-stop online lifestyle services." Tencent’s Internet platforms in China – QQ (QQ Instant Messenger), WeChat, QQ.com, QQ Games, Qzone, 3g.QQ.com, SoSo, PaiPai, and Tenpay – aim to address the various needs of internet users, including communication, information, entertainment, e-commerce, and others.In September 2013, Tencent's market valuation rose to $101 billion, and as of November 21, 2013, QQ had 2 billion active users and WeChat had 650 million monthly active users. The numbers of active users for QQ mail, Qzone, Tencent Weibo, and QQ news were 274 million, 626 million, 220 million, and 150 million, respectively.Tencent was founded in November of 1998. In April 2000, the IDG and PCCW invested a total of $2.2 million dollars in the company. Tencent was listed on the Hong Kong Stock Exchange (SEHK) on June 16, 2004. Baidu, Alibaba, and Netease are Tencent's major competitors.
Launch Africa	52	5	Seed; Pre-Seed; Funding Round	Software; Commerce/Shopping; Transportation	Launch Africa is a leading Pan-African VC fund solving the significant funding gap in the Seed and pre-Series A investment landscape in Africa.
Western Technology Investment	157	5	Seed; Series A; Series B	Software; Health Care; Internet	Since 1980, WTI has helped more than 1,300 companies across every innovation sector finance their growth while minimizing dilution.
HoaQ	10	4	Pre-Seed; Angel; Seed	Software; Financial; Commerce/Shopping	Startup Investment Club
Enza Capital	14	4	Seed; Series A; Pre-Seed	Software; Transportation; Internet	Enza Capital is a patient investment vehicle launched by John Lazar, Mike Mompi, and David Cohen with the support of a small handful of values-aligned partners. Enza is an active and engaged investor with deep private investing and company operating experience, and with rich networks of experts and talent we plug into our portfolio companies tohelp drive growth and build value. We emphasize trust and transparency in our approach, and we deploy our capital in line with our values.
ODBA	9	3	Seed; Pre-Seed; Series A	Software; Education; Financial	We invest in people and stories, which are at the heart of everything we do.
Target Global	148	3	Series A; Seed; Series B	Software; Financial; Commerce/Shopping	Target Global is a venture capital firm that invests in tech companies across their lifecycles. Target Global follows a lifecycle approach, investing in tech companies. Their partners have been investing for more than 15 years in the digital technology space, backing some of the European success stories.
Social Capital	295	3	Seed; Series A; Series B	Software; Data and Analytics; Internet	At Social Capital, we make big bets on transformational ideas, technology, and people.
Oui Capital	21	3	Pre-Seed; Seed; Funding Round	Transportation; Software; Financial	Oui Capital is an Early Stage Venture Capital For The African Continent. Oui Capital was formed out of the imbalance that exists between high-growth technology startups in sub-Saharan Africa and the smart capital available to take advantage of these opportunities.
Niche Capital	14	3	Pre-Seed; Seed; Angel	Software; Commerce/Shopping; Financial	Venture Capital firm
V8 Capital Partners	8	3	Seed; Series A	IT; Software; Health Care	V8 Capital Partners makes investments in visionary technology businesses across Africa
Chinook Capital Limited	5	3	Seed; Funding Round	Software; Other; Education	Chinook Capital is focused on investments in seed- and pre-stage companies in internet software, services, and media sectors.
Lynett Capital	21	3	Seed; Series A	Other; Mobile; Hardware	Lynett Capital is an early stage investment firm dedicated to the empowering technology companies.
VentureSouq	121	3	Seed; Series A; Series B	Software; Financial; Commerce/Shopping	VentureSouq operates a large co-investment platform with a global investment portfolio.
4DX Ventures	57	3	Seed; Series A; Pre-Seed	Transportation; Financial; Software	4DX Ventures is a Pan-Africa Focused Venture Capital Firm. Our mission is to connect people, ideas, and capital to create a vibrant African community.
Hustle Fund	155	3	Seed; Pre-Seed; Series A	Software; Financial; IT	Hustle Fund is a venture capital fund investing in fast-executing teams at the pre-seed and seed stages! Get in touch and let us know what you're hustling.
Partech	334	3	Series A; Seed; Series B	Software; Internet; Hardware	Partech is a global venture capital firm with offices in San Francisco, Paris, Berlin and Dakar. Partech invests in Internet and information technology startups at seed, venture and growth stages.
Greycroft	488	3	Series A; Seed; Series B	Software; Media and Entertainment; Internet	Venture capital and technology investments
Rising Tide Africa	10	3	Seed; Pre-Seed	Financial; IT; Other	Rising Tide Africa is a group of women angel investors harnessing their power, network, passion and capital to create a New Africa.
Picus Capital	203	3	Seed; Series A; Pre-Seed	Software; Financial; Real Estate	Picus Capital is an early-stage technology investment firm with a long-term investment philosophy. We work together with daring technology companies to build successful, global companies challenging the status quo and shaping tomorrow.
Vy Capital	74	3	Seed; Series C; Series B	Software; Financial; Internet	A global technology investment firm with a focus on category-defining technology companies with the potential to meaningfully impact humanity.
Atlantica Ventures	7	2	Pre-Seed; Seed; Series B	Financial; Software; Other	Are you looking for start-up funding for your business? Get in touch with Atlantica Ventures to get the kick-start your start-up needs.
Accion Venture Lab	91	2	Seed; Series A; Funding Round	Financial; Software; Lending and Investments	Accion Venture Lab is an investment initiative that provides startups with seed capital and support.
AU21 Capital	113	2	Seed; Funding Round; Initial Coin Offering	Other; Software; Financial	A fund dedicated to backing the most brilliant minds in the blockchain space
Rali_cap	26	2	Seed; Pre-Seed; Series A	Financial; Software; Payments	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.
Entrée Capital	188	2	Seed; Series A; Series B	Software; Financial; IT	We're a team of former serial founders managing $1B across a number of funds, with offices in Tel Aviv, London, and New York.
Raba	24	2	Seed; Series A; Pre-Seed	Financial; Software; Payments	The Raba Partnership, Raba Capital, Raba
The Chrysalis Capital	3	2	Series A	Payments; Software; Health Care	Chrysalis Capital is an investment management firm focused on scaling early-stage tech companies in Africa and the diaspora.
Timon Capital	5	2	Seed; Series A	Other; Transportation; Internet	At Timon Capital, they have tremendous respect for the entrepreneurial journey—especially in emerging markets. As former entrepreneurs, they have built companies and gone through the frustration of trying to manage wayward investors. They decided to hold themselves to a higher standard and named ourselves Timon: a Greek word that means ‘the oneinfluenced by honor’ as well as ‘fairly priced.’
Lateral Frontiers	3	2	Seed; Series A	Software; Financial; Apps	African Venture Capital Fund investing in digital infrastructure
Soma Capital	250	2	Seed; Pre-Seed; Series A	Software; Financial; IT	Soma Capital is a fund built by founders for founders that focuses on software. It has invested seed in startups now worth over $60 billion combined including Cruise, Rappi, Ironclad, Human Interest, Razorpay, Rippling, Lambda School among others (20 unicorns) It was founded in 2015 and headquartered in San Francisco, California.
Tangerine Life	3	2	Seed; Pre-Seed; Funding Round	Financial; Apps; Software	Your financial partner and so much more. Free transfers, savings, loans, insurance, pensions and many other things at your finger tips.
International Finance Corporation	212	2	Funding Round; Series B; Debt Financing	Financial; Software; Lending and Investments	IFC fosters sustainable economic growth in developing countries by financing private sector investment, mobilizing capital in the international financial markets, and providing advisory services to businesses and governments.IFC helps companies and financial institutions in emerging markets create jobs, generate tax revenues, improve corporategovernance and environmental performance, and contribute to their local communities. The goal is to improve lives, especially for the people who most need the benefits of growth.
ACE & Company	158	2	Seed; Funding Round; Series A	Software; Commerce/Shopping; Financial	ACE & Company (“ACE”), founded in 2005, is a global investment group specialized in private investments with total assets of over $1.6 bn across three investment strategies and investment solutions. With headquarters in Geneva and offices in London, New York, Hong Kong, and Cairo, ACE’s global presence brings the company in direct contact withsourcing partners, investment firms, as well as entrepreneurs and provides investors unparalleled access to a network of opportunities. ACE’s passion is for finding investment opportunities where we have an advantage through many years of relationship building, a carefully developed position of knowledge in the sectors which we are active, and a culture of efficiency to gain first mover’s advantage. ACE’s purpose is to offer investors a long-term and collaborative investment approach that values honesty, transparency and rigorous execution, so that our strategies not only provide unique access to value accretive, risk-managed deals, but fosters what we consider our bedrock—trust.ACE’s progress has been marked by a globally respected track record since the Company was founded in 2005. In the last four years we have increased our total assets by fivefold and in 2017 received the Swiss Financial Supervisory Authority (FINMA) authorization.
Blockchain Founders Fund	75	2	Pre-Seed; Seed; Funding Round	Financial; Software; Other	We Focus Exclusively On Adding Value To Blockchain & Emerging Technology Projects With Real World Applications.
Cadenza Capital Management	34	2	Seed; Pre-Seed; Series A	Financial; Software; Payments	Since 2018, the Cadenza team has managed investment vehicles with a focus on digital finance and related technologies. Some of our noteworthy investments include BlockFi, Blockfolio, Rain, ZEBEDEE, and FalconX. Our flagship vehicle is Cadenza Capital Management Ltd. a regulated and audited investment fund.
Zeno Ventures	57	2	Seed; Series A; Pre-Seed	Software; IT; Science/Engineering	Zeno Ventures invests in early stage technology enabled companies addressing consumer and enterprise markets. Zeno Ventures likes to back exceptional entrepreneurs before their businesses have scaled and often even before their business models are formed. Zeno Ventures seeks to partner with talented and passionate founders solving difficultproblems that were illuminated by their personal experience.