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Top 5 Social Media Startup Investors in Nigeria (October 2026)

The most active venture capital funds and angel investors investing in Nigeria Social Media startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Nigeria Social Media startup companies. Find investors to raise a Pre-Seed, Seed or Angel round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
54 Collective
VC Fund
2 Kenya, Nigeria, South Africa Seed, Pre-Seed Health Care, Information Technology, FinTech $40k–$2M
Prosper Otemuyiwa
Angel
1 Nigeria, Canada, United States Pre-Seed, Angel FinTech, Software, CRM $200k–$1M
RET Ventures
VC Fund
1 United States, Canada, Nigeria Series A, Seed, Series B Software, Real Estate, Property Management $1M–$37M
Aptive Capital
VC Fund
1 Nigeria, United States Angel, Pre-Seed E-Commerce, Retail, Mobile Apps
Tunji OLALEKAN
Angel
1 Nigeria Pre-Seed Mobile, Lending, Software
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54 Collective
VC Fund · Johannesburg, NA - South Africa, South Africa · 2 investments in Nigeria Social Media startups

Building and scaling African tech startups with catalytic capital, value-add support and our global network.

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Investment focus

  • Industry: Health Care, Information Technology, FinTech
  • Stage:Seed, Pre-Seed
  • Geography: Kenya, Nigeria, South Africa

Investor stats

  • Total investments: 112
  • Round size: Seed $40k–$2M; Pre-Seed $40k–$1.3M
  • Lead/follow: 35% lead, 65% follow

Portfolio highlights

  • Yeah — Yeah is a financial technology company that offers payment processing services while building a credit profile for the banked and unbanked.
  • REasy — Top up locally, pay suppliers globally, and manage international shipments with REasy. Fast, secure, and designed for African businesses expanding worldwide.
  • Konnect — Konnect provides a cross borders payment solution intended to simplify complex financial flows allowing companies of any scale and size to send and receive payments in a practical, secure, and low-cost way.
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Prosper Otemuyiwa
Angel · 1 investments in Nigeria Social Media startups

Prosper Otemuyiwa is a Co-founder of forLoop Africa. He attended Babcock University.

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Investment focus

  • Industry: FinTech, Software, CRM
  • Stage:Pre-Seed, Angel
  • Geography: Nigeria, Canada, United States

Investor stats

  • Total investments: 11
  • Round size: Pre-Seed $200k–$1M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Frain technologies — We're passionate about the product delivery value chain.
  • Famasi — Find, Order & Refill medications across 1000+ pharmacies in Nigeria. Delivered in 1 hour. Compare prices, get the best offers, and enjoy free monthly delivery on recurring orders.
  • Sendchamp — Messagebird For Africa: Sendchamp provides Communication APIs & CRM for developers & businesses to reach their customers via different messaging channels such as SMS, Email, Voice, Whatsapp, and other digital messaging channels. Our APIs and No code tools help businesses in Africa from the stage of Customer Onboarding, CustomerEngagement, Customer Service & Customer Retention.
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RET Ventures
VC Fund · Park City, Utah, United States · 1 investments in Nigeria Social Media startups

Smarter Partners Drive Better Tech. Our Strategic Investors comprise the largest group of multifamily and single-family rental owner/operators ever amassed

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Investment focus

  • Industry: Software, Real Estate, Property Management
  • Stage:Series A, Seed, Series B
  • Geography: United States, Canada, Nigeria

Investor stats

  • Total investments: 66
  • Round size: Seed $1M–$7M; Series A $3M–$20M; Series B $6.6M–$37M
  • Lead/follow: 67% lead, 33% follow
  • Last fund: Likely still investing — raised $2.9M in 2024

Portfolio highlights

  • Stake — Renters earn Cash back for rent. Building operators outperform the market. That's the Stake win-win. Find out how we're building the financial tools for the next generation of rentals.
  • Rent Butter — Revolutionize property management with RentButter. Our advanced tenant screening goes beyond credit scores, ensuring compliance and minimizing risks. Build stable communities with data-driven decisions.
  • OurPetPolicy — Explore how the number one ESA verification service and animal management platform can work for you.
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Aptive Capital
VC Fund · Frisco, Texas, United States · 1 investments in Nigeria Social Media startups

Aptive Capital invests in the development, rigorous testing, and scaling of innovations. They encourage partners, investors, and co-investors to invest in companies where purpose drives profit.

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Investment focus

  • Industry: E-Commerce, Retail, Mobile Apps
  • Stage:Angel, Pre-Seed
  • Geography: Nigeria, United States

Investor stats

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

Portfolio highlights

  • Rabawa — We are Africa's No 1. Social and Video Commerce Platform. You can Browse, Sell, Earn from the comfort of your home through Social Media.
  • One Kiosk Inc. — One Kiosk is a Retail tech solution bridging the Access to Market and Finance Gaps for Retailers (Micro, Small, and Informal) across Africa. It connects informal retail stores and supermarkets online.
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Tunji OLALEKAN
Angel · 1 investments in Nigeria Social Media startups

Tunji OLALEKAN

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Investment focus

  • Industry: Mobile, Lending, Software
  • Stage:Pre-Seed
  • Geography: Nigeria

Investor stats

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

Portfolio highlights

  • Yamilowo — Yamilowo is providing a financial solution to financially excluded individuals using Social recognition. We achieved 99% repayment and have grown revenue over 100% MoM
Show all investments...

Social Media Investor funding in Nigeria at a glance

Stats across 15 deals from 17 investors.

17
investors
in Nigeria Social Media startups
15
deals
in Nigeria Social Media startups
$200k
median round
in Nigeria Social Media startups
35%
lead investors
lead at least one round
40%
Pre-Seed
most common funding stage
82/18
VC / Angel
share of investor count

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