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Top 50 Software VC Funds & Investors in Nigeria (June 2026)

The most active venture capital funds investing in Nigeria Software startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Nigeria Software startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Microtraction
VC Fund
24 Nigeria, United States, Ghana Pre-Seed, Seed, Angel Financial Services, FinTech, Software $25k–$1.3M
LoftyInc Capital
VC Fund
24 United States, Nigeria, Egypt Seed, Pre-Seed, Series A Financial Services, FinTech, Software $100k–$37M
Ventures Platform
VC Fund
14 Nigeria, United States, Kenya Seed, Pre-Seed Financial Services, FinTech, Internet $100k–$4.4M
CRE Venture Capital
VC Fund
8 South Africa, Nigeria, United States Seed, Series A, Pre-Seed Financial Services, FinTech, Software $250k–$25M
Kepple Africa Ventures
VC Fund
8 Nigeria, Kenya, Egypt Seed, Pre-Seed Financial Services, FinTech, Software $300k–$4.5M
TLcom Capital Partners
VC Fund
8 Nigeria, United States, United Kingdom Series A, Seed Software, Mobile, Information Technology $494k–$13M
Ingressive Capital
VC Fund
8 Nigeria, United States, Egypt Pre-Seed, Seed, Series A Financial Services, FinTech, Information Technology $25k–$15M
Musha Ventures
VC Fund
8 United States, Nigeria, Kenya Seed, Pre-Seed, Series A Software, Financial Services, FinTech $125k–$10M
HoaQ
VC Fund
7 Nigeria, United Kingdom, Togo Pre-Seed, Seed, Angel FinTech, Financial Services, Internet $100k–$3.3M
Future Africa
VC Fund
7 Nigeria, United States, Kenya Seed, Pre-Seed, Series A Financial Services, FinTech, Information Technology $100k–$20M
Enza Capital
VC Fund
6 Kenya, Nigeria, South Africa Seed, Series A Financial Services, Finance, E-Commerce $238k–$31M
Golden Palm Investments
VC Fund
6 Nigeria, Egypt, Kenya Seed, Series A, Pre-Seed Information Technology, FinTech, Payments $30k–$15M
Launch Africa
VC Fund
6 Nigeria, South Africa, United States Seed, Pre-Seed Financial Services, FinTech, Information Technology $200k–$4M
Tofino Capital
VC Fund
5 United States, Nigeria, Egypt Seed, Pre-Seed, Series A Software, SaaS, Information Technology $250k–$140M
Hustle Fund
VC Fund
5 United States, Singapore, Canada Seed, Pre-Seed, Series A Software, FinTech, Financial Services $120k–$30M
Tencent
VC Fund
4 China, United States, United Kingdom Series B, Series A, Series C Software, Financial Services, Artificial Intelligence $3.5M–$400M
Consonance Investment Managers
VC Fund
4 Nigeria, United States, Kenya Seed, Series A, Pre-Seed Software, Information Technology, FinTech $50k–$10M
Chinook Capital Limited
VC Fund
4 Nigeria Seed, Pre-Seed EdTech, Retail, Software $120k–$575k
Berrywood Capital
VC Fund
4 Nigeria, United States Pre-Seed, Seed Financial Services, FinTech, Information Technology $125k–$3.7M
Blockchain Founders Fund
VC Fund
4 United States, United Kingdom, Singapore Seed, Pre-Seed Blockchain, Cryptocurrency, FinTech $200k–$7M
GreenHouse Capital
VC Fund
4 Nigeria, Kenya, United States Seed, Pre-Seed Financial Services, FinTech, Payments
Lateral Frontiers
VC Fund
4 United States, Nigeria, Kenya Seed, Series A, Pre-Seed FinTech, Financial Services, Software $500k–$15M
First circle capital
VC Fund
3 Nigeria, Egypt, United States Pre-Seed, Seed Financial Services, FinTech, Finance $100k–$4M
Partech
VC Fund
3 United States, France, Germany Series A, Seed, Series B Software, E-Commerce, SaaS $1.1M–$55M
True Capital Management
VC Fund
3 United States, Nigeria, Canada Seed, Series A, Pre-Seed FinTech, Financial Services, Software $125k–$59M
Niche Capital
VC Fund
3 United States, Nigeria, Kenya Pre-Seed, Seed, Angel Software, E-Commerce, Financial Services $10k–$5.7M
Flourish Ventures
VC Fund
3 United States, India, Brazil Series A, Seed, Series B FinTech, Financial Services, Finance $2M–$65M
Quona Capital
VC Fund
3 India, Brazil, Indonesia Series A, Seed, Series B Financial Services, FinTech, Finance $2.4M–$87M
Atlantica Ventures
VC Fund
3 Nigeria, South Africa, United States Seed, Pre-Seed, Series A Software, FinTech, Internet $450k–$3.7M
UNCOVERED FUND
VC Fund
3 Nigeria, Kenya, United States Seed, Pre-Seed FinTech, Financial Services, Software $700k–$3.7M
Zrosk Investment Management
VC Fund
3 Nigeria, United Kingdom, United States Seed, Pre-Seed, Series A Financial Services, FinTech, Finance $500k–$33M
ODBA
VC Fund
3 Nigeria, United States, United Kingdom Pre-Seed, Seed, Series A FinTech, Financial Services, Education $180k–$3.5M
VentureSouq
VC Fund
3 United States, United Arab Emirates, Saudi Arabia Seed, Series A, Series B FinTech, Financial Services, Software $250k–$50M
RaliCap
VC Fund
3 United States, Nigeria, Mexico Seed, Pre-Seed, Angel Financial Services, FinTech, Payments $313k–$8.3M
Flori Ventures
VC Fund
3 United States, United Kingdom, India Seed, Pre-Seed Blockchain, FinTech, Cryptocurrency $100k–$11M
Necessary Ventures
VC Fund
2 United States, Nigeria, Venezuela Seed, Series A, Pre-Seed Health Care, Artificial Intelligence, Software
54 Collective
VC Fund
2 Kenya, Nigeria, South Africa Seed, Pre-Seed Health Care, Information Technology, FinTech
Blue Rinc Capital
VC Fund
2 Nigeria Seed PaaS, Energy, Renewable Energy
Lightning Ventures
VC Fund
2 United States, Canada, France Seed, Pre-Seed, Series A Bitcoin, Cryptocurrency, FinTech
Jedar Capital
VC Fund
2 Egypt, Kenya, Nigeria Seed, Pre-Seed, Series A FinTech, Delivery, E-Commerce $340k–$6M
Picus Capital
VC Fund
2 Germany, United States, United Kingdom Seed, Series A, Pre-Seed Financial Services, Software, FinTech $549k–$30M
Global Founders Capital
VC Fund
2 United States, Germany, United Kingdom Seed, Series A, Pre-Seed Financial Services, Software, FinTech $637k–$33M
Soma Capital
VC Fund
2 United States, India, Mexico Seed, Pre-Seed, Series A Software, Artificial Intelligence, FinTech $350k–$40M
Actions Capital (fka K50 Ventures)
VC Fund
2 United States, Colombia, Brazil Seed, Pre-Seed, Series A Health Care, Software, FinTech $300k–$20M
Kairos Angels
VC Fund
2 Nigeria, United States, Mexico Seed, Pre-Seed, Series A FinTech, Financial Services, B2B $500k–$5M
The Chrysalis Capital
VC Fund
2 Nigeria, United States Seed, Series A, Pre-Seed Financial Services, FinTech, Bitcoin $2M–$15M
MediaTek
VC Fund
2 United States, China, Taiwan Series A, Series B, Series D Software, Semiconductor, Information Technology $2M–$250M
Norrsken Foundation
VC Fund
2 Nigeria, United States, Rwanda Pre-Seed, Seed Financial Services, Health Care, FinTech $125k–$4M
Nama Ventures
VC Fund
2 Saudi Arabia, Egypt, United Arab Emirates Seed, Pre-Seed, Series A E-Commerce, Information Technology, B2B $100k–$35M
BluePointe Ventures
VC Fund
2 United States, Mexico, Nigeria Seed, Series A, Series B Software, Artificial Intelligence, Information Technology
Access all 165 VC funds in Nigeria Software startups.

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

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Investor list

Microtraction
VC Fund · Lagos, Lagos, Nigeria · 24 investments in Nigeria Software 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: 103
  • Round size: Seed $25k–$1.3M; Angel $30k–$50k; Pre-Seed $50k–$1.1M
  • Lead/follow: 23% lead, 77% follow

Portfolio highlights

  • Accounteer — Accounteer is a cloud accounting platform for small businesses. Business owner can create invoices, track expenses and follow up on their finances with ease. Accounteer integrates with external services like banks, e-invoicing platforms and e-commerce. Future proof your business today by subscribing for a free Accounteer trial account.
  • LemFi — Send money to India, China, Pakistan, Nigeria, Ghana, Kenya and 30 other countries. Receive and manage your money without stress
  • 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.
Show all investments...

LoftyInc Capital
VC Fund · Carmel, California, United States · 24 investments in Nigeria Software startups

LoftyInc Capital Management empowers Afropreneurs to build a prosperous and equitable future in Africa. We deliver value to both founders and investors.........

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Investment focus

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

Investor stats

  • Total investments: 147
  • Round size: Seed $100k–$5M; Pre-Seed $100k–$2.4M; Series A $250k–$37M
  • Lead/follow: 14% lead, 86% follow
  • Last fund: Likely still investing — raised $14M in 2021

Portfolio highlights

  • Aku — Aku is a financial technology to drive financial inclusion on one mobile device. They provide payments and bring financial services to the doorstep. They support the new business owner in need of the right tools. They offer low-cost, accessible financial services that serve their customers. They radically democratized access to banking and digitalpayment channels.
  • AlumUnite — AlumUnite is a purpose-built platform to connect all educated Africans to develop Africa's human capital through alumni groups. We crowd-resource education.
  • Reliance Health — Reliance Health Global. Improve the lives of your staff with innovative company healthcare benefits fit for any business. You can rely on us.
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Ventures Platform
VC Fund · Abuja, Federal Capital Territory, Nigeria · 14 investments in Nigeria Software 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: 141
  • Round size: Seed $325k–$4.4M; Pre-Seed $100k–$1.3M
  • Lead/follow: 28% lead, 72% follow

Portfolio highlights

  • SEND — SEND manages the entire process of moving freight by air, ocean and road to and from Africa - including customs processes, trucking and warehousing. Our application provides instant quotes & bookings, document management, cost transparency, notifications and tracking for your cargo.
  • PressOne — Eliminate the guesswork in your customer service operations. Track every conversation. Coach your team with AI-driven insights.
  • Remedial Health — We improve business to business access to medicines by providing such medicines from manufactures/registered distributors direct to large and small healthcare retail businesses (large pharmacies and remote chemist/PPMVs (Patent and Proprietary Medicine Vendors)) using technology to deliver just-in-time stock and provide financing and awide selection of inventory to such retail business.
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CRE Venture Capital
VC Fund · New York, New York, United States · 8 investments in Nigeria Software startups

Founded in 2015, CRE Venture Capital invests in early stage tech companies that are levered to Africa. CRE is headquartered in the New York metro area, with a regional office in Lagos, Nigeria.

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Seed, Series A, Pre-Seed
  • Geography: South Africa, Nigeria, United States

Investor stats

  • Total investments: 56
  • Round size: Seed $1.1M–$4M; Pre-Seed $250k–$3.3M; Series A $1.1M–$25M
  • Lead/follow: 32% lead, 68% follow

Portfolio highlights

  • Andela — Unlock the power of global tech talent with Andela. Hire experienced professionals quickly and cost-effectively. Build your team from our robust network of skilled specialists spanning 175 countries. Our AI-powered platform ensures a 96% talent match success rate. Get started now and hire with confidence.
  • Matta — Matta is a B2B platform offering a comprehensive, detailed marketplace for sourcing chemicals and materials efficiently and reliably
  • Cutstruct — Cutstruct is your one source for bulk construction materials purchase. Get the best prices for cement, steel, granite, sharp sand wood, and more.
Show all investments...

Kepple Africa Ventures
VC Fund · Tokyo, Tokyo, Japan · 8 investments in Nigeria Software 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: 77
  • Round size: Seed $500k–$4.5M; Pre-Seed $300k–$3.4M
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • Paps — Paps is a transport and logistics company that offers innovative distribution and delivery solutions to companies and merchants.The company's e-commerce platform helps companies and traders with scheduling and tracking deliveries on a real-time basis. It offers the distribution of documents and parcels, storage of goods in a secure warehousethat meets standards, and delivery of insured parcels in relay point or last mile. It also provides professional services such as management and repayment of cash on delivery, provision of couriers, management of returns, collection, and periodic reporting.The Dakar, Dakar, Senegal-based company was founded in 2016
  • Mvxchange — MVX makes freight shipping easier and more coordinated for companies of any size by bringing the whole booking and deployment process online. We simplify Africa’s end-to-end import and export trade transactions by aggregating and organizing 7+ services through 1 digital channel.
  • 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.
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TLcom Capital Partners
VC Fund · London, England, United Kingdom · 8 investments in Nigeria Software 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: 57
  • Round size: Seed $494k–$13M; Series A $3.8M–$13M
  • Lead/follow: 53% lead, 47% follow
  • Last fund: Likely still investing — raised $150M in 2022

Portfolio highlights

  • Hub2.Io — Welcome to HUB2, the leading FINTECH startup in interoperability and payment infrastructure in Francophone Africa. We are proud to work with all financial industry players in Africa who need stable and high-performing infrastructure, and contribute to their success.
  • Talstack — Talstack is an all-in-one platform for employee growth and development
  • LittleFish — Full stack enterprise platform that extends your infrastructure, instead of replacing it.
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Ingressive Capital
VC Fund · Lagos, Lagos, Nigeria · 8 investments in Nigeria Software startups

Ingressive Capital is a renowned $50M Pan-African Venture Capital Fund that invests in indigenous founders and startups across Africa, with focus on Egypt, Ghana, Kenya, Morocco, and Nigeria. Specializing in early-stage investments, particularly Pre-Seed and Seed stages, it targets technology companies led by top-tier talent driving transformativegrowth in Africa's GDP. The firm's thesis focuses on B2C solutions that cater to the explosive growth within the tech-enabled, decentralized-learning youth demographic, as well as B2B solutions that increase Africa’s value chain ownership from resource extraction to end-product sale. Its goal is to become becoming a highly valuable VC partner on the founders' cap tables, and being at the forefront of supporting and enabling entrepreneurial success across Africa.

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Investment focus

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

Investor stats

  • Total investments: 70
  • Round size: Seed $400k–$4.5M; Pre-Seed $25k–$2.1M; Series A $10M–$15M
  • Lead/follow: 14% lead, 86% follow
  • Last fund: Likely still investing — raised $5M in 2023

Portfolio highlights

  • Nowlun — Search for cheap & fast freight prices from all shipping lines.
  • REasy — Top up locally, pay suppliers globally, and manage international shipments with REasy. Fast, secure, and designed for African businesses expanding worldwide.
  • Complete Farmer — Complete Farmer connects growers, buyers, and vendors with technology, support, and market access across Ghana and beyond.
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Musha Ventures
VC Fund · New York, New York, United States · 8 investments in Nigeria Software startups

Seed capital for technology startups globally.

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Investment focus

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

Investor stats

  • Total investments: 138
  • Round size: Seed $125k–$4.2M; Pre-Seed $300k–$3.2M; Series A $2.5M–$10M
  • Lead/follow: 3% lead, 97% follow

Portfolio highlights

  • nGrow.ai — Boost revenue and engagement
  • Orca Fraud — Orca empowers fraud fighters with effective tools to combat fraud
  • SkillMagic — SkillMagic's AI finds the best technical content, delivers it directly to junior engineers, and helps you track progress.
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HoaQ
VC Fund · Dublin, Dublin, Ireland · 7 investments in Nigeria Software startups

Startup Investment Club

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Investment focus

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

Investor stats

  • Total investments: 25
  • Round size: Seed $1.7M–$3.3M; Angel $100k–$130k; Pre-Seed $200k–$1M
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • Clafiya — Clafiya connects patients to health practitioners to provide fast and affordable on-demand primary care services in Africa.
  • 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.
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Future Africa
VC Fund · San Francisco, California, United States · 7 investments in Nigeria Software 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: 87
  • Round size: Seed $500k–$4M; Pre-Seed $100k–$3.7M; Series A $7M–$20M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • Edves — Edves automates the brick and mortal School operations from Student enrollment, Fee Collection, Lesson Note up to Transcript Generation.
  • Finclusion Group — Enhancing financial inclusion in Sub-Saharan Africa through data driven lending.
  • Nexford University — Transform your career with affordable, flexible degrees and job skills designed for today's workforce. Skip debt and learn at your own pace with Nexford.
Show all investments...

Access 48,091 investors

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

Browse database — It's Free!
Enza Capital
VC Fund · Nairobi, Nairobi Area, Kenya · 6 investments in Nigeria Software startups

Venture investor in high-growth Founders and Teams using technology to solve large and meaningful problems across Africa

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Investment focus

  • Industry: Financial Services, Finance, E-Commerce
  • Stage:Seed, Series A
  • Geography: Kenya, Nigeria, South Africa

Investor stats

  • Total investments: 48
  • Round size: Seed $238k–$12M; Series A $3.6M–$31M
  • Lead/follow: 21% lead, 79% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Craydel — Craydel is transforming the way students and working professionals in Africa discover, compare and apply to higher education. Our online platform has thousands of quality undergraduate, postgraduate and vocational programs offering degrees, diplomas and degrees, certificates from leading universities and colleges in 15 countries around the world.Many of these programs are even available online from the comfort of your home.Craydel makes it easy for you to compare and select the programs and institutions that best fit your career goals, personality, grades and budget.
  • Tugende — Tugende helps motorcycle taxi drivers own their own motorcycles in eighteen months or less instead of renting indefinitely. Ownership significantly increases income, job security and road safety.
  • Quro Medical — Quro Medical is an innovative digital health company pioneering premium hospital-at-home services.
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Golden Palm Investments
VC Fund · Accra, Greater Accra, Ghana · 6 investments in Nigeria Software startups

Golden Palm Investments is an investment holding and advisory company.

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Investment focus

  • Industry: Information Technology, FinTech, Payments
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Nigeria, Egypt, Kenya

Investor stats

  • Total investments: 56
  • Round size: Seed $1.8M–$6M; Pre-Seed $30k–$6.5M; Series A $2M–$15M
  • Lead/follow: 5% lead, 95% follow
  • Last fund: May invest from a new fund soon — last raise in 2014

Portfolio highlights

  • ILLA — ILLA Trucking for Logistics Solutions & Distribution
  • Maplerad — Maplerad is a fast, safe and easy way to send and receive money with friends, family or others you trust. You can receive and send money directly into any Nigerian bank account in minutes using Bitcoin, US Dollars, and Naira.
  • Jetstream Africa — Jetstream monitors inventory and goods-in-transit for trade creditors and banks.
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Launch Africa
VC Fund · Ebène, Plaines Wilhems, Mauritius · 6 investments in Nigeria Software startups

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

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Investment focus

  • Industry: Financial Services, FinTech, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: Nigeria, South Africa, United States

Investor stats

  • Total investments: 162
  • Round size: Seed $200k–$4M; Pre-Seed $200k–$1.7M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: Likely still investing — raised $36M in 2022

Portfolio highlights

  • Fixit45 — Fixit45 also provides fleet management, auto parts sourcing and delivery, auto care, refurbishment and upgrades, repair financing, and mechanic workshop software as well as pre-purchase inspections, underlying these with moderation for compliance and accountability.
  • Gigmile — Gigmile provides financial services. They provide gig workers with core services and an affordable lease on productive assets that is tailored to their earnings to enable them to succeed in the mobility industry as entrepreneurs.
  • HomecomingEx — Homecoming Revolution is a pan-African recruitment firm for global African professionals. We specialise in headhunting & placing global African talent.
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Tofino Capital
VC Fund · Washington, District of Columbia, United States · 5 investments in Nigeria Software 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: 24
  • Round size: Seed $2.5M–$22M; Pre-Seed $250k–$1M; Series A $25M–$140M
  • Lead/follow: 13% lead, 87% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • CAAFiSOM — CAAFiSOM is the leading Healthcare technology provider that provides a range of healthcare services.
  • Leta — Leta Technology is a software development company that creates supply chain and logistics software to enable the efficient and automated movement of goods.
  • Irreversible — Irreversible designs next-generation analog AI chips that enable meaningful intelligence anywhere — from sensors to robots.
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Hustle Fund
VC Fund · San Carlos, California, United States · 5 investments in Nigeria Software startups

Hustle Fund is a seed fund that invests in early-stage startups operating in software, business-to-business, fintech, and digital health sectors.

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Investment focus

  • Industry: Software, FinTech, Financial Services
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Singapore, Canada

Investor stats

  • Total investments: 313
  • Round size: Seed $1M–$6M; Pre-Seed $120k–$2.5M; Series A $3.1M–$30M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • BitBrand — Introducing Digital Watch Faces From Top Luxury Brands
  • Swarm — Swarm is the professional network for expert fractional tech folk in AI, Design, and Software Engineering.
  • ContentRadar — Create & repurpose content with AI for LinkedIn & X in one click. Sign up for free!
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Tencent
VC Fund · Shenzhen, Guangdong, China · 4 investments in Nigeria Software startups

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.

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Investment focus

  • Industry: Software, Financial Services, Artificial Intelligence
  • Stage:Series B, Series A, Series C
  • Geography: China, United States, United Kingdom

Investor stats

  • Total investments: 532
  • Round size: Series A $3.5M–$142M; Series B $15M–$200M; Series C $34M–$400M
  • Lead/follow: 45% lead, 55% follow

Portfolio highlights

  • Wattpad — Wattpad is a digital entertainment company providing an online social storytelling platform for original stories.The company utilizes the power of community and technology to enable the creation and distribution of content across a variety of formats. Its flagship app, Wattpad, is home to a community of more than 65 million people who spend over20 billion minutes a month engaged in original stories. Tap by Wattpad, the company’s second storytelling product, offers short, chat-based stories in over a dozen languages. Wattpad Studios co-produces stories for film, television, digital, and print, together with industry partners. Wattpad Brand Solutions offers a full suite of advertising products to help brands build deep engagement with Millennial and Gen Z consumers.It was established by Allen Lau and Ivan Yuen in Toronto, Ontario, Canada in 2006.
  • Academia.edu — Academia.edu is the largest and fastest-growing platform in the world for sharing academic research. Its mission is to accelerate and democratize academic research. Over 150 million academics have signed up to Academia.edu, adding 25 million papers. Over 100,000 people join Academia.edu each day. Academia.edu attracts over 52 million uniquevisitors a month. 40% of the world's faculty log in to Academia.edu every month. The company was founded in 2008 and is headquartered in San Francisco, California.
  • Reliance Health — Reliance Health Global. Improve the lives of your staff with innovative company healthcare benefits fit for any business. You can rely on us.
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Consonance Investment Managers
VC Fund · Lagos, Lagos, Nigeria · 4 investments in Nigeria Software startups

We are an investment company focused on helping early and growth-stage entrepreneurs build successful companies in Africa.

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Investment focus

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

Investor stats

  • Total investments: 31
  • Round size: Seed $550k–$3.3M; Pre-Seed $450k–$1M; Series A $50k–$10M
  • Lead/follow: 48% lead, 52% follow

Portfolio highlights

  • Releaf Earth — We are industrializing food processing in Africa. We've led 1000+ smallholder farmers to provide food factories with >7.5 million kilograms of quality crops.
  • Tripesa — Tripesa offers payment solutions for Africa's travel and tourism industry.
  • Plural — Smarter, Faster, Future-Ready Policy Strategy. Plural transforms how enterprises and organizations anticipate and act on legislation. Our AI-powered platform delivers accurate bill analysis, policy insights, and stakeholder intelligence so you can stay ahead of risk, seize opportunity, and shape outcomes. See How It Works Book A Demo Trusted By Deepen Your State & Federal Legislative
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Chinook Capital Limited
VC Fund · Lagos, Lagos, Nigeria · 4 investments in Nigeria Software startups

Chinook Capital is focused on investments in seed- and pre-stage companies in internet software, services, and media sectors.

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Investment focus

  • Industry: EdTech, Retail, Software
  • Stage:Seed, Pre-Seed
  • Geography: Nigeria

Investor stats

  • Total investments: 8
  • Round size: Seed $120k–$575k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Edves — Edves automates the brick and mortal School operations from Student enrollment, Fee Collection, Lesson Note up to Transcript Generation.
  • Youverify — Youverify helps businesses and individuals confirm identity and physical addresses. Using AI, Youverify confirms a user’s identity document and compares it with their facial biometrics. This information can be cross-checked against more than 300 databases locally and globally.Youverify in partnership with over 20,000 field verification officersverifies physical addresses all over Sub-Sahara Africa in less than 48 hours.Youverify fills the gap in Africa's digital industry by providing one API for identity and physical address verification.
  • Lifestores Pharmacy — Lifestores is a retail pharmacy start-up bringing disruptive innovation to the pharmaceutical sector in Nigeria by democratizing quality medicines and pharmaceutical services.
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Berrywood Capital
VC Fund · 4 investments in Nigeria Software startups

Berrywood Capital is an investment firm.

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Investment focus

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

Investor stats

  • Total investments: 9
  • Round size: Seed $295k–$2.4M; Pre-Seed $125k–$3.7M
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • Sudo — Sudo is an open API platform that enables businesses to embed powerful financial features into their products. Build in minutes, launch in days.
  • Flex Finance — Flex Finance is a simple, accessible mobile platform that allows SMEs manage and track their expenses, with little-to-no financial knowledge required. Using our inbuilt AI, business owners also receive insights that help them stop waste, save money and make smarter spending decisions. Flex is committed to enabling more SMEs make it past their thirdbirthday, so they can continue to provide the income and jobs that sustain the vast majority of Nigerians.
  • Bridgecard — Issue physical or virtual cards that carry a MasterCard or Visa logo to your users with our card issuing APIs. Get started in a week.
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Blockchain Founders Fund
VC Fund · Singapore, Central Region, Singapore · 4 investments in Nigeria Software startups

We Focus Exclusively On Adding Value To Blockchain & Emerging Technology Projects With Real World Applications.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, FinTech
  • Stage:Seed, Pre-Seed
  • Geography: United States, United Kingdom, Singapore

Investor stats

  • Total investments: 204
  • Round size: Seed $550k–$7M; Pre-Seed $200k–$2M
  • Lead/follow: 14% lead, 86% follow
  • Last fund: Likely still investing — raised $75M in 2022

Portfolio highlights

  • Hivello — Hivello is a Decentralized Physical Infrastructure Network aggregator. Contribute resources, connect with Web3 protocols, and effortlessly generate passive income.
  • ZOTH — Unified platform for yield, payments, cards & compliance, serving retail & institutional users.
  • MonkeyLeague — MonkeyLeague is a video game company. They develop PC and console-based NFT games. The company offers a turn-based, play-and-earn multi-player soccer game that provides monkey NFTs of genetic composition formulated from 32 traits.
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GreenHouse Capital
VC Fund · Ikeja, Lagos, Nigeria · 4 investments in Nigeria Software startups

GreenHouse Capital’s Founding Partners took their own fintech company Venture Garden Group (VGG) from a 7 employee, ₦30 million revenue startup to a 200 employees, ₦2 billion power house in just 4 years and raised an attention grabbing Series A round from Convergence Partners of South Africa. The uniqueness of their position was not lost on thefounders who then cultivated Garden Institute of Business Entrepreneurs (GIBE) to identify, incubate, and invest in young and innovative tech startups solving global challenges in Emerging Markets. GIBE was created to build a world class talent management hub for young and passionate entrepreneurs while creating a pool of technology inclined businesses and innovation oriented leaders.

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Investment focus

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

Investor stats

  • Total investments: 32
  • Lead/follow: no public data

Portfolio highlights

  • Credpal — Buy now, pay later. Split in 6.
  • Encore Pay — Encore Pay is a UAE-based FinTech and Payment solutions provider.
  • 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.
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Lateral Frontiers
VC Fund · New York, New York, United States · 4 investments in Nigeria Software startups

Lateral Capital is a mission driven venture fund investing in early and growth stage opportunities in Africa. We back companies that provide foundational technologies for the continent. We make debt and equity investments technology-enabled businesses that profitably solve significant pain points across financial services, healthcare, education,energy, agriculture, housing, logistics, mobility and more.

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Investment focus

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

Investor stats

  • Total investments: 37
  • Round size: Seed $1M–$3.1M; Pre-Seed $500k–$3.5M; Series A $558k–$15M
  • Lead/follow: 19% lead, 81% follow
  • Last fund: May invest from a new fund soon — raised $50M in 2020

Portfolio highlights

  • CNote — CNote makes initial Cash Deposits easy for corporations, foundations, and individuals. Align your financial goals with your values and drive change in communities.
  • Rhaeos — Rhaeos, the world's first wearable shunt monitor, aims to improve the quality care for patients with hydrocephalus through a novel, thermal biosensor. Developed within Northwestern University with collaboration between Dr. John Rogers, McCormick School of Engineering, Feinberg School of Medicine and Kellogg School of Management, Rhaeosrepresents a unique multidisciplinary translational effort for an important clinical need.
  • Wattnow — Wattnow is a real-time monitoring solution that provides a breakdown of energy spending to identify wasteful trends.
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First circle capital
VC Fund · Casablanca, Grand Casablanca, Morocco · 3 investments in Nigeria Software startups

First Circle Capital is a venture capital firm seeding the next fintech generation in Africa.

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Investment focus

  • Industry: Financial Services, FinTech, Finance
  • Stage:Pre-Seed, Seed
  • Geography: Nigeria, Egypt, United States

Investor stats

  • Total investments: 35
  • Round size: Seed $455k–$4M; Pre-Seed $100k–$780k
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • PayTic — PayTic enables payments issuers to manage their card programs by providing dedicated back-office solutions that streamline the end-to-end operations in customer support, chargebacks, fraud, AML, reporting, and reconciliation. Our proprietary solutions are unique in automating and centralizing the program management processes, regardless of thenumber of processors and the payment networks involved in the payments products. We impact payments providers by eliminating the defragmented and manual processes and replacing them with a SaaS platform that increases proactivity, mitigates risks, and delivers value. It reduces the burn rate to near 0 in operational costs and offers an unprecedented competitive advantage. PayTic is introducing the Zero Ops model in managing payments.
  • Pumpkn — Need reliable funding? We provide quick loans and capital tailored for Agriculture businesses in South Africa. Grow your business with Pumpkn. Apply now!
  • Scale — Scale accelerates market entry and revenue for fintechs with a people-first approach.
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Partech
VC Fund · Paris, Ile-de-France, France · 3 investments in Nigeria Software startups

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.

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Investment focus

  • Industry: Software, E-Commerce, SaaS
  • Stage:Series A, Seed, Series B
  • Geography: United States, France, Germany

Investor stats

  • Total investments: 520
  • Round size: Seed $1.1M–$9M; Series A $4.2M–$30M; Series B $9M–$55M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • Yampa — Discover yampa's autonomous AI agents and revolutionize your customer experience. Elevate your service with the most advanced AI technology.
  • Shohoz — Shohoz.com, owned and operated by Shohoj Limited, is a premium online travel service provider which aims to make long distance travel in Bangladesh easy and convenient. Driven by the passion to serve you better, Shohoz.com went on to pioneer the online travel industry by offering bus tickets and launch tickets. In entertainment sector, movietickets, event tickets as well as cricket match tickets are also available on Shohoz.com. Their team of energetic and young professionals with deep expertise in eCommerce and travel domains, leave no stone unturned to provide you the best of services at minimal costs through their user friendly website, Android App, Partner network all over Bangladesh and a multi-lingual call center.
  • AURA — A South African cloud-based security and safety startup .
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True Capital Management
VC Fund · San Francisco, California, United States · 3 investments in Nigeria Software startups

Achieve your financial goals & build generational wealth with our entertainer & athlete wealth management services. Offering comprehensive financial planning.

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Investment focus

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

Investor stats

  • Total investments: 132
  • Round size: Seed $500k–$5M; Pre-Seed $125k–$725k; Series A $9.1M–$59M
  • Lead/follow: 2% lead, 98% follow
  • Last fund: May invest from a new fund soon — raised $18M in 2012

Portfolio highlights

  • MoonPay — MoonPay offers a fast and simple way to buy and sell cryptocurrencies. Buy crypto with credit card, bank transfers or Apple Pay today.
  • Milano Vice — Milano Vice is building a new virtual food brand by working with professional kitchens to prepare and deliver delicious pizzas to home.
  • Kapital — Kapital empowers SMBs with a tech-banking platform giving visibility and control of their treasury, and their employees
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Niche Capital
VC Fund · Lagos, Lagos, Nigeria · 3 investments in Nigeria Software startups

Venture Capital firm

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Investment focus

  • Industry: Software, E-Commerce, Financial Services
  • Stage:Pre-Seed, Seed, Angel
  • Geography: United States, Nigeria, Kenya

Investor stats

  • Total investments: 16
  • Round size: Seed $872k–$5.7M; Pre-Seed $10k–$1M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • Bemi — Bemi is an automatic audit trail for Postgres that tracks data changes reliably without the engineering complexity and costly infrastructure: Bemi Captures and stores data changes with 100% reliability and accuracy.
  • Anchor — Anchor is building the infrastructure needed for businesses to build, launch, and scale banking and payment solutions.
  • Blossom.team — Powered by AI, Blossom's science-backed professional coaching brings together experienced coaches & ML to show actual growth on key topics: productivity, communications, leadership, stress management, career development, interpersonal skills, and more. Subscribe and see why it's the successful professional's secret superpower!
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Flourish Ventures
VC Fund · Redwood City, California, United States · 3 investments in Nigeria Software startups

We are an early-stage global venture capital firm investing in fintech founders.

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Investment focus

  • Industry: FinTech, Financial Services, Finance
  • Stage:Series A, Seed, Series B
  • Geography: United States, India, Brazil

Investor stats

  • Total investments: 180
  • Round size: Seed $2M–$8.5M; Series A $5.5M–$35M; Series B $8.3M–$65M
  • Lead/follow: 18% lead, 82% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Spade — Providing AI merchant extraction, brand logos, merchant locations, and categorization as a service to fin-techs.
  • Spry — Simplify your physical therapy practice with SPRY. Our all-in-one software streamlines billing, EMR, documentation, and insurance verification. Experience the SPRY difference today.
  • Hummingbird — Hummingbird is a platform for managing anti-money laundering (AML) operations. Compliance professionals use Hummingbird to collect case information, conduct investigations, and report on unusual or suspicious behaviors. The platform dramatically reduces paperwork and improves efficiency, enabling AML investigators to refocus on fighting financialcrime.Hummingbird’s founding team brings together product and regulatory experience from organizations like Square, IDEO, the Department of the Treasury, and the OCC. Hummingbird is using data and design to modernize regulatory compliance in finance.
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Quona Capital
VC Fund · Washington, District of Columbia, United States · 3 investments in Nigeria Software startups

Quona Capital invests in fintech innovators that are advancing financial inclusion around the globe. Through our investments, Quona aims to deliver outstanding financial returns while making a lasting and positive impact on the world.

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Investment focus

  • Industry: Financial Services, FinTech, Finance
  • Stage:Series A, Seed, Series B
  • Geography: India, Brazil, Indonesia

Investor stats

  • Total investments: 182
  • Round size: Seed $2.4M–$10M; Series A $3.6M–$30M; Series B $8M–$87M
  • Lead/follow: 42% lead, 58% follow
  • Last fund: Likely still investing — raised $332M in 2022

Portfolio highlights

  • Addi — Addi is a technology company that provides credit and banking solutions. Addi is headquartered in Bogota, Colombia.
  • Klar — Klar is a FinTech challenger bank that provides deposit and credit services for Mexican customers.Using the Klar card rewards users with cash of up to 4% cashback for each purchase, not points without confusing conversions or expiration dates. Clients can also send and receive payments and collections money instantly to Klar accounts and otherbanks. The Klar card is linked to an app where users can see all their movements in real-time.Stefan Moller, Daniel Autrique, Jeronimo Riefkohl, and Gianluigi Davassi established the company in Mexico City, Distrito Federal in 2018.
  • Konfio — Konfio provides digital banking, payments, and software tools designed to boost small and mid-size enterprise's growth and productivity. It offers working capital loans, a corporate credit card, a loyalty program, and business productivity software tools.The company was founded in 2013 by David Arana and Francisco Padilla and isheadquartered in Mexico City.
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Atlantica Ventures
VC Fund · Lagos, Lagos, Nigeria · 3 investments in Nigeria Software startups

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.

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Investment focus

  • Industry: Software, FinTech, Internet
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Nigeria, South Africa, United States

Investor stats

  • Total investments: 15
  • Round size: Seed $1.5M–$3.7M; Pre-Seed $450k–$2.1M
  • Lead/follow: 67% lead, 33% follow
  • Last fund: May invest from a new fund soon — raised $50M in 2021

Portfolio highlights

  • Figorr — Figorr is your go-to, for accessing reliable information on temperature, humidity, and location. Experience the next generation of data-driven insights with Figorr today.
  • OnePipe — OnePipe aggregates APIs from banks and fintechs into a standardized gateway that is easy to integrate and makes partnerships seamless.
  • Sendmarc — Manage your organization's DMARC, SPF, and DKIM with world-class implementation services and support. All in one easy-to-use platform.
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UNCOVERED FUND
VC Fund · Tokyo, Tokyo, Japan · 3 investments in Nigeria Software 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, Software
  • Stage:Seed, Pre-Seed
  • Geography: Nigeria, Kenya, United States

Investor stats

  • Total investments: 28
  • Round size: Seed $1.5M–$3.7M; Pre-Seed $700k–$850k
  • Lead/follow: 29% lead, 71% follow
  • Last fund: May invest from a new fund soon — raised $15M in 2021

Portfolio highlights

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

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Zrosk Investment Management
VC Fund · Lagos, Lagos, Nigeria · 3 investments in Nigeria Software startups

Alternative investment solutions: private credit, discretionary portfolios, and the Magna Specialized Fund.

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Investment focus

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

Investor stats

  • Total investments: 29
  • Round size: Seed $1.4M–$5M; Pre-Seed $500k–$2.5M; Series A $7M–$33M
  • Lead/follow: 24% lead, 76% follow

Portfolio highlights

  • PaidHR — PaidHR works with organizations to streamline how they manage their staff. Our precisely created solutions enable them to create the ideal place to work.
  • Lingawa — Speak your native language with pride! Learn Yoruba and Igbo with fun, immersive online lessons for adults and kids (ages 5+).
  • Definely — Definely creates legal tech solutions to free lawyers from frustration, saving them time when understanding, drafting and reviewing legal documents.
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ODBA
VC Fund · Port Louis, Port Louis, Mauritius · 3 investments in Nigeria Software startups

We invest in people and stories, which are at the heart of everything we do.

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Investment focus

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

Investor stats

  • Total investments: 21
  • Round size: Seed $200k–$2M; Pre-Seed $180k–$3.5M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • Fleri — Better healthcare for your family back home - Give your loved ones back home in Africa the gift of a better life with a healthcare coverage plan that works.
  • Edukoya — Edukoya builds online education content and offers online tutoring for students and their parents.
  • GetFundedAfrica — GetFundedAfrica's mission is to help Africa’s most promising startups find funding, grow & solve society’s greatest challenges. We do this through a media portal - GetFundedAfrica News; a learning portal - REMSANA; and an investment arm - GFA Ventures
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VentureSouq
VC Fund · Dubai, Dubai, United Arab Emirates · 3 investments in Nigeria Software startups

VentureSouq (VSQ) is a MENA-based venture capital fund manager with a global portfolio. VSQ manages thematic funds, with a current focus on FinTech and ClimateTech.

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Investment focus

  • Industry: FinTech, Financial Services, Software
  • Stage:Seed, Series A, Series B
  • Geography: United States, United Arab Emirates, Saudi Arabia

Investor stats

  • Total investments: 168
  • Round size: Seed $250k–$9M; Series A $6M–$37M; Series B $6M–$50M
  • Lead/follow: 13% lead, 87% follow
  • Last fund: Likely still investing — raised $50M in 2021

Portfolio highlights

  • Inovat — Travellers have to stand hours in the queues and get charged hidden fees to receive Tax refund that they are entitled to. They change that. With Inovat, get the best Tax Free experience that you deserve.
  • Orbii AI — Our AI enriches & analyses borrower data, helping you make credit decisions in minutes. Accelerate your business loan Underwriting decisons.
  • Siin — E-commerce Marketplace
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RaliCap
VC Fund · San Francisco, California, United States · 3 investments in Nigeria Software 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, Nigeria, Mexico

Investor stats

  • Total investments: 54
  • Round size: Seed $1.4M–$8.3M; Pre-Seed $313k–$3.7M
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • Frain technologies — We're passionate about the product delivery value chain.
  • 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.
  • Revio — Subscription billing and payments made easy.
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Flori Ventures
VC Fund · San Francisco, California, United States · 3 investments in Nigeria Software startups

More than a seed-stage fund and a portfolio of startups: Our community of founders taps into the power of financial innovation to collaborate around global problems and unlock prosperity for all.

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Investment focus

  • Industry: Blockchain, FinTech, Cryptocurrency
  • Stage:Seed, Pre-Seed
  • Geography: United States, United Kingdom, India

Investor stats

  • Total investments: 100
  • Round size: Seed $250k–$11M; Pre-Seed $100k–$3.5M
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • Mento Labs — Mento Labs is a decentralized EVM platform for launching and managing multi-currency stable assets.
  • Learn.xyz — Learn.xyz’s is a mixture of Duolingo and Wikipedia, powered by AI, creating bite-sized “Curiosities” which feature slides and a quiz, in mere seconds just from taking in a user’s question. Find the app on iOS and Android.
  • Thrive Protocol — Thrive Protocol's vision is to maximize value creation for all people and communities.
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Necessary Ventures
VC Fund · San Francisco, California, United States · 2 investments in Nigeria Software startups

We invest in what the world needs.

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Investment focus

  • Industry: Health Care, Artificial Intelligence, Software
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Nigeria, Venezuela

Investor stats

  • Total investments: 39
  • Lead/follow: no public data

Portfolio highlights

  • Nevoya — Zero-emissions capacity, AI-native orchestration, and diesel prices
  • Brellium — Clinical teams use Brellium to audit every patient visit against their clinical and payor requirements.
  • Infinite Machine — Infinite Machine is to create the world's most captivating non-auto vehicles. Infinite Machine initial product, the P1, is a revolutionary new personal electric vehicle that combines innovative performance and usefulness with an industrial-style look. In Infinite Machine's ideal post-car future, environment and people coexist together.
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54 Collective
VC Fund · Johannesburg, NA - South Africa, South Africa · 2 investments in Nigeria Software 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: 107
  • Lead/follow: no public data

Portfolio highlights

  • Billboxx — Empowering SMEs to pay and get paid on time, every time.
  • mTek — mTek is a digital online insurance platform that provides an entirely paperless ecosystem for the insurance industry.
  • REasy — Top up locally, pay suppliers globally, and manage international shipments with REasy. Fast, secure, and designed for African businesses expanding worldwide.
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Blue Rinc Capital
VC Fund · 2 investments in Nigeria Software startups

Blue Rinc Capital is an investment holding company focused on growth investments.

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Investment focus

  • Industry: PaaS, Energy, Renewable Energy
  • Stage:Seed
  • Geography: Nigeria

Investor stats

  • Total investments: 2
  • Lead/follow: no public data

Portfolio highlights

  • Rensource Energy — Rensource develops, finances, and manages critical energy infrastructure for African enterprises with the objective of powering Africa's economy
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Lightning Ventures
VC Fund · New York, New York, United States · 2 investments in Nigeria Software startups

Lightning Ventures is an exclusively Bitcoin focused network of investors, operators, and developers, dedicated to supporting Lightning Network adoption worldwide

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Investment focus

  • Industry: Bitcoin, Cryptocurrency, FinTech
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Canada, France

Investor stats

  • Total investments: 57
  • Lead/follow: no public data

Portfolio highlights

  • JAN3 — JAN3 is a Bitcoin technology company focused on expanding access to Bitcoin and financial freedom around the world.
  • Vida — Vida is the AI Agent Operating System for enterprises. Build, deploy, and manage AI agents that call, text, email, and chat at scale with no-code tools.
  • OrdinalsBot — We make it easy to inscribe ordinals. Like, really easy.
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Jedar Capital
VC Fund · New York, New York, United States · 2 investments in Nigeria Software startups

VC venture capital investing in early stage startups from seed to series A in fintech, insurtech, marketplaces, foodtech, SaaS, healthtech and agritech

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Investment focus

  • Industry: FinTech, Delivery, E-Commerce
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Egypt, Kenya, Nigeria

Investor stats

  • Total investments: 19
  • Round size: Seed $450k–$4M; Pre-Seed $340k–$6M
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • Julaya — Julaya is a fintech providing African businesses with a digital account to make payments : disbursing mobile money transactions to their employees, suppliers, and owning their own virtual and physical prepaid cards.
  • Appetito — Buy all your groceries and household essentials from your online supermarket. Order from the comfort of your home at your finger tips.
  • Treepz — Treepz Inc. (formerly Plentywaka) is building the largest shared mobility platform in West Africa with over 500,000 satisfied customers.
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Picus Capital
VC Fund · Munich, Bayern, Germany · 2 investments in Nigeria Software startups

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.

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Investment focus

  • Industry: Financial Services, Software, FinTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Germany, United States, United Kingdom

Investor stats

  • Total investments: 338
  • Round size: Seed $1.5M–$11M; Pre-Seed $549k–$4.5M; Series A $3.7M–$30M
  • Lead/follow: 19% lead, 81% follow
  • Last fund: Likely still investing — raised $140M in 2024

Portfolio highlights

  • Everstores — Everstores makes use of your store data to speed up the sales process and give you a reasonable and transparent offer.
  • Silverflow — Silverflow offers global payment technology to power financial institutions.
  • Getpaid — Payments infrastructure for B2B marketplaces, wholesalers and SaaS platforms. B2B checkout to process all B2B transactions online & offline | payout instantly | automate complex money flows, end-to-end reconciliation.
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Global Founders Capital
VC Fund · Berlin, Berlin, Germany · 2 investments in Nigeria Software startups

Over the past two decades, GFC have backed over five hundred entrepreneurs worldwide, e.g. Facebook, LinkedIn, Slack, and Away Travel.

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Investment focus

  • Industry: Financial Services, Software, FinTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Germany, United Kingdom

Investor stats

  • Total investments: 822
  • Round size: Seed $1.4M–$8.8M; Pre-Seed $637k–$5M; Series A $4M–$33M
  • Lead/follow: 23% lead, 77% follow
  • Last fund: May invest from a new fund soon — raised $2B in 2018

Portfolio highlights

  • TalentHack — TalentHack is a health platform that connects directly with the fitness professionals and industry. They exist to redefine what a career in fitness can be, by providing opportunities to propel you forward. It takes hours for companies to find a single potential lead, let alone a candidate. The company was founded in 2018 and is based in New York,NY, United States
  • Membrane — Membrane is AI for product integrations. Describe what you need, watch integrations build, test and maintain themselves.We exist to let any product connect to any other reliably, safely, and at scale, by turning intent & customer needs into integrations with AI.Our platform offers the state-of-the-art solution in the AI Age for productintegrations:Membrane Agent builds integrations for one or multiple apps at once, choosing correct API calls, field mappings, and data structuresMembrane Engine is the configurable infrastructure that you or any agent can play with. It contains actions, events/webhooks, flows, data collections, unified API models, field mappings, and schemas & more used to build and maintain integrations at scale.Membrane Packages - integration code that is purpose built for your use case, that you can deploy in your IDE.Membrane is used by 100+ B2B SaaS companies like Constant Contact, PandaDoc, Dialpad, Storyblok & many others as their preferred integration partner
  • Bravo Sierra — Bravo Sierra creates performance body care products for the most active individuals. Every formula undergoes rigorous field-testing to meet strict standards of quality and efficacy. Designed and manufactured in the U.S.A, a portion of every purchase directly supports military veterans and their families.
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Soma Capital
VC Fund · San Francisco, California, United States · 2 investments in Nigeria Software startups

Welcome to Soma Capital

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Investment focus

  • Industry: Software, Artificial Intelligence, FinTech
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, India, Mexico

Investor stats

  • Total investments: 491
  • Round size: Seed $1.4M–$8M; Pre-Seed $350k–$4M; Series A $7.5M–$40M
  • Lead/follow: 3% lead, 97% follow

Portfolio highlights

  • Starcloud — Starcloud is building a network of megawatt-scale data centers in space, scaleable to gigawatt capacity. Falling launch costs allow Starcloud to take advantage of the abundant energy, passive cooling, and high-speed connectivity in space.
  • TicketRev — TicketRev helps fans find cheaper tickets to their favorite games and concerts. Fans name their price for their preferred seating location, enabling resellers and teams to sell their inventory faster.
  • Inventive AI — Inventive is an AI-powered RFP & Questionnaire Response Management platform that drives 70%+ efficiency in sales response workflows.
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Actions Capital (fka K50 Ventures)
VC Fund · New York, New York, United States · 2 investments in Nigeria Software startups

Actions Capital is a seasoned pre-seed venture capital firm, that works alongside founders from Day 0.

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Investment focus

  • Industry: Health Care, Software, FinTech
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Colombia, Brazil

Investor stats

  • Total investments: 160
  • Round size: Seed $1.1M–$6.1M; Pre-Seed $300k–$6.4M; Series A $5.7M–$20M
  • Lead/follow: 5% lead, 95% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Persona AI — Persona AI builds industrial humanoid robots designed for real world worksites, performing skilled, dangerous, and physically demanding tasks.
  • Eezee — Singapore’s first & largest industrial marketplace that connects local suppliers to corporate clients, leveraging technology to help both parties make informed decisions.The company offers a secure platform for buyers and sellers to transact.Our aim is to improve the efficiency of business to business (B2B) transactions. We do this byensuring that the process of selecting and purchasing your supplies becomes quicker, more convenient and transparent. We support local suppliers in establishing their presence online, enabling them to be discovered by corporate organisations.
  • Petal Surgical — Petal is a surgical technology company pioneering incisionless surgery through Acoustic Sculpting, a proprietary form of boiling histotripsy. Our platform uses focused sound waves to precisely destroy harmful tissue without cuts, heat, or toxicity offering gentler alternative to traditional surgery.
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Kairos Angels
VC Fund · 2 investments in Nigeria Software 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: Nigeria, United States, Mexico

Investor stats

  • Total investments: 8
  • Round size: Seed $1.4M–$5M; Pre-Seed $500k–$1.8M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • Flex Finance — Flex Finance is a simple, accessible mobile platform that allows SMEs manage and track their expenses, with little-to-no financial knowledge required. Using our inbuilt AI, business owners also receive insights that help them stop waste, save money and make smarter spending decisions. Flex is committed to enabling more SMEs make it past their thirdbirthday, so they can continue to provide the income and jobs that sustain the vast majority of Nigerians.
  • Super Seguros — Super Seguros is an insurance company that developed radical insurance products. The company's automated assessment technology allows its users to buy a policy today and covered tomorrow. It was founded in 2019 and headquartered in Mexico City, Distrito Federal.
  • 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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The Chrysalis Capital
VC Fund · Lagos, Lagos, Nigeria · 2 investments in Nigeria Software startups

The Chrysalis Capital is a venture capital firm focuses on early-stage tech companies.

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Investment focus

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

Investor stats

  • Total investments: 5
  • Round size: Seed $2M–$2M; Series A $10M–$15M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Bankly — Bankly is a digital savings and peer to peer transfer product where users fund their wallet using tokens available on Bankly vouchers nationwide in a “Recharge to save” model. This cash digitisation system is similar to the telco mobile airtime top up and is currently available on MTN and 9mobile networks in Nigeria.Financial services has to beseen through the lenses of a fast moving consumer product in order to reach the last mile and the use of vouchers has been proven to be a successful cash digitisation system by the telecoms industry. Leveraging this existing consumer behaviour to drive financial inclusion, reduce cost of financial services and create a foundation to provide other financial services is where Bankly identifies huge potential and is poised to make an impact.
  • Bamboo — Bamboo is a digital investment platform that provides real-time access to buy, hold, or sell stocks. The investment platform is accessible on both computers and mobile phones.
  • Bitmama — Bitmama is the best cryptocurrency trading platform that lets you buy, sell Bitcoin, ETH, Celo, USDT, XRP, and more. Available in Nigeria & over 100 countries.
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MediaTek
VC Fund · Hsinchu, T'ai-wan, Taiwan · 2 investments in Nigeria Software startups

MediaTek is another name for incredible innovation that powers the brands you love. From smartphones to smart homes, we are always by your side.

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Investment focus

  • Industry: Software, Semiconductor, Information Technology
  • Stage:Series A, Series B, Series D
  • Geography: United States, China, Taiwan

Investor stats

  • Total investments: 37
  • Round size: Series A $2M–$250M; Series B $5M–$83M; Series D $60M–$170M
  • Lead/follow: 16% lead, 84% follow

Portfolio highlights

  • Eridu — Eridu is the pioneer advancing the frontier in AI networking, breaking through the network wall with a solution built from the ground up for scale-out and scale-up networks in AI data centers. Eridu’s network switch delivers the order-of-magnitude advance in performance, radix and throughput needed to maximize utilization, throughput andefficiency in AI clusters and data centers. Founded by a team of accomplished technology and business innovators and backed by leading investors with over $200M in funding to date, Eridu is solving the network bottlenecks throttling AI.
  • Ayar Labs — Ayar Labs develops a monolithic in-package optical I/O (MIPO) solution for applications that require high bandwidth, low latency, and power-efficient short-reach interconnects.The company disrupts the traditional performance, cost, and efficiency curves of the semiconductor and computing industries by driving improvement in interconnectbandwidth density at lower power. Its patented approach uses industry-standard cost-effective silicon processing techniques to develop high speed, high density, low power optical-based interconnect “chiplets” and lasers to replace traditional electrical-based I/O. Ayar’s flagship product is a chip called TeraPhy that implements its optical technology on compact silicon die. The chip can be integrated directly into a central processing unit, graphics card, or another processor to give it optical data transmission capabilities.The Emeryville, California-headquartered company was established in 2015 by Alex Wright-Gladstein, Vladimir Stojanovic, Chen Sun, and Mark Wade.
  • InfiniLink — Empowering Hyperscale Datacenters Building Energy-Efficient Ultra-High-Speed Connectivity Solutions
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Norrsken Foundation
VC Fund · Stockholm, Stockholms Lan, Sweden · 2 investments in Nigeria Software startups

Norrsken Foundation is non-profit organization solving problems such as poverty, famine, environmental issues and mental health.

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Investment focus

  • Industry: Financial Services, Health Care, FinTech
  • Stage:Pre-Seed, Seed
  • Geography: Nigeria, United States, Rwanda

Investor stats

  • Total investments: 18
  • Round size: Seed $125k–$4M; Pre-Seed $125k–$1.1M
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • RYE — RYE is a members-only, low-cost green energy supplier built for businesses with no time to deal with energy suppliers. Always accurate energy or it's free
  • Eden Care Medical — Eden Care Medical is a mobile application that provides medical and health insurance as well as financial services.
  • ORDA — Process orders, accept payments, connect to logistic providers, engage with your customers + more. We equip you with everything you need to grow your business.
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Nama Ventures
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 2 investments in Nigeria Software 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.
  • Faceki — Offering cutting-edge solutions including KYC, KYB, KYT, AML, and Biometric Authentication.
  • Messenger — Messenger is a one-stop logistics platform that finances and aggregates end-to-end logistics and supply chain operations in order to assist businesses and logistics asset owners in achieving an efficient supply chain framework.
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BluePointe Ventures
VC Fund · San Francisco, California, United States · 2 investments in Nigeria Software startups

We look for enablers of change that could have a meaningful impact to the Human Experience.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Series A, Series B
  • Geography: United States, Mexico, Nigeria

Investor stats

  • Total investments: 64
  • Lead/follow: no public data

Portfolio highlights

  • Groq — Groq radically simplifies compute to accelerate workloads in artificial intelligence, machine learning, and high-performance computing.
  • AiSDR — AiSDR sales automation acts as your inside sales rep. From outbound to inbound emails, AiSDR runs your outreach and drives leads to customers
  • Powder — AI Agents for precise document analysis
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Software VC funding in Nigeria at a glance

Stats across 107 deals from 165 investors.

165
investors
in Nigeria Software startups
107
deals
in Nigeria Software startups
$325k
median round
in Nigeria Software startups
36%
lead investors
lead at least one round
35%
Pre-Seed
most common funding stage

Access all 165 VC funds in Nigeria Software startups.

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