Taeillo
Convertible Note in 2021
Founded in Lagos, Nigeria in 2018, Taeillo specializes in designing and manufacturing premium furniture for workspaces, homes, and public areas. The company combines traditional craftsmanship with modern technology and locally sourced materials to create contemporary furniture pieces sold online.
Lucy.ng
Seed Round in 2020
Lucy.ng is a Nigerian e-commerce company specializing in wholesale and retail sales of branded merchandise through online platforms. The company caters to both business-to-consumer and business-to-business markets, offering a wide range of products including business gifts, souvenirs, promotional items, stationery, and various electronic goods. Lucy.ng also provides a white label gift merchandising option, allowing customers to shop for and brand thousands of products on demand for various seasons, occasions, and corporate gifting needs. By consolidating diverse gift items into a single marketplace, Lucy.ng simplifies the purchasing process for individuals and businesses alike.
HerVest
Pre Seed Round in 2020
HerVest is a fintech company dedicated to improving financial inclusion for underserved African women. It offers savings, impact investing, and credit services tailored for smallholder women farmers and women-led businesses in Nigeria.
Marble Stitches
Seed Round in 2020
Marble Stitches is a Nigerian clothing and tailoring brand serving men, women, and fashion businesses, and operates a platform for ceremony and event apparel, offering bulk production with customization, including tailored designs and varied fabrics, with the capacity to handle sizable orders for event planners and apparel retailers.
Happy Coffee
Non Equity Assistance in 2020
Happy Coffee is a Nigerian coffee brand specializing in the production of coffee products such as powders, beans, blends, and other related items. They focus on providing fresh, organically brewed coffee.
Gradely.ng
Non Equity Assistance in 2019
Gradely.ng Limited operates a personalized learning platform designed for secondary school students in Nigeria. Founded in 2019 and based in Yaba, the company utilizes artificial intelligence to provide tailored learning materials, online tutorials, and video lessons. Gradely focuses on enhancing exam preparation by offering assessment reporting, tracking, and training for teachers, along with computer-based tests and a learning progress tracker for schools. The platform employs analytics to identify and address learning gaps in real-time, assisting parents and educators in supporting students effectively. Through adaptive homework tests available on web and mobile devices, Gradely assesses students' understanding of various topics and recommends specific practice sets and remedial resources. The system allows teachers to create and assign homework efficiently, while generating progress reports for students, parents, and schools. Gradely's innovative approach ensures a comprehensive learning experience by continuously adjusting the difficulty of questions based on students' mastery levels.
Curacel
Non Equity Assistance in 2019
Curacel is an insurtech company founded in 2019 by Henry Mascot in Ikoyi, Lagos. It offers an AI-powered platform designed to streamline and enhance the insurance claims process. The platform automates the processing of claims, enabling insurance staff to handle higher volumes efficiently. Additionally, it incorporates advanced algorithms for fraud detection, waste, and abuse management, ensuring that claims are thoroughly vetted. Curacel's technology integrates seamlessly with various systems and third-party applications, facilitating improved operational efficiency for insurance providers while fostering customer loyalty and retention.
Taeillo
Pre Seed Round in 2019
Founded in Lagos, Nigeria in 2018, Taeillo specializes in designing and manufacturing premium furniture for workspaces, homes, and public areas. The company combines traditional craftsmanship with modern technology and locally sourced materials to create contemporary furniture pieces sold online.
Quadron Studios
Non Equity Assistance in 2018
Quadron Studios, based in Nigeria, specializes in digital content creation. It offers a range of services including 3D animation, visual effects, augmented reality, virtual reality, advertising, film production, and post-production. The company's core business is to help clients tell their stories through high-quality, narratively-driven content.
OffCampus
Pre Seed Round in 2018
OffCampus allows students in Nigerian tertiary institutions search for available offcampus accommodations around their campuses.
Track Your Build
Seed Round in 2018
Track Your Build specializes in construction project management software and data gathering services. It focuses on tracking construction progress and quality, serving both public infrastructure and private sector projects across Africa.
LifeBank
Seed Round in 2018
LifeBank is a healthcare logistics company that delivers critical medical supplies to hospitals and blood banks across Africa. It operates an enterprise marketplace and mobile app that enables hospitals and blood banks to source blood, blood products, oxygen, and other medical consumables and coordinates multi-modal delivery to care facilities. Founded in 2015 and based in Lagos, Nigeria, LifeBank combines digital sourcing with rapid logistics to improve on-time delivery, including rare medicines, supporting clinicians during emergencies.
Big Pot
Seed Round in 2017
Big Pot is a power utility company which will provide energy to small and medium-sized residences and businesses through smart community microgrids formed by geographically dispersed privately and commercially owned solar photovoltaic panel installations, fossil fuel based power generators and lithium-ion battery storage. Various residences and businesses host fractions of the power generation infrastructure and the need for dedicated land resources to house a central local power plant is eliminated. Using supervisory control and data acquisition (SCADA), the dispersed energy infrastructure is aggregated and managed like one single large capacity resource with reliable output, supplying power to members of the smart grid on demand and making a Big Pot full of energy that others can tap into. Join us as they explore this ground-breaking idea with the aim of solving Nigeria's power problem.
Efiko Freelance Marketplace
Non Equity Assistance in 2016
Efiko is an online marketplace for digital & professional services. We allow individuals and businesses across the continent looking to offset costs find, hire, work with and pay freelance professionals in an online work-space designed to support the freedom and security of working from anywhere.
Moving the freelance economy online enables youth and under privileged individuals in society leverage on any skills acquired to engage with a thriving freelance industry which for the most part remains unregulated and under connected in Africa as a whole. Enabling individuals start and build a career where they can potentially connect with businesses across Africa to deliver services and grow a portfolio of jobs completed satisfies the narrative of preparing Africa for the 4th Industrial Revolution & in particular; the potential that is the ‘future jobs’ industry. Efiko plans to roll out in its 2nd release, a “Test” feature that enables Freelancers on sign up, take tests to prove proficiency level in their chosen fields of expertise AND a “Learn” feature that enables Freelancers take courses on the platform relevant to their registered field of expertise. Both these features are designed to expose freelancers to better work opportunity.
Efiko has just launched in Beta stage and is currently working to acquire market share and validate itself within the Nigerian marketplace. Because Efiko is an online service based marketplace; focusing primarily on digital work, the barrier for entry into other African markets is much lower than businesses whose focus is on physical commodity. If scaled, Efiko plans to replicate its model for success from Nigerian into other Key African markets including: Ghana, Angola, Kenya, Rwanda and South Africa with the aim of growing organically from these countries to other neighboring markets.
Mamalette
Seed Round in 2016
Founded in Lagos, Nigeria in 2013, Mamalette operates an online platform dedicated to supporting Nigerian mothers and expectant mothers. It provides a community where users can share experiences, seek advice, and access vital maternal health information.
VacantBoards
Seed Round in 2016
VacantBoards Limited is an online outdoor advertising marketplace based in Lagos, Nigeria, specializing in both traditional and digital out-of-home media services. The company maintains an extensive inventory of billboards and vacant outdoor spaces, connecting agencies, brands, and businesses with cost-effective advertising opportunities. Through its web and mobile platform, VacantBoards enables clients to track, analyze, and measure the return on investment of their outdoor advertising campaigns, while also facilitating the discovery of new advertising options via geo-mapping features. By leveraging analytics and big data technology, VacantBoards promotes real-time interaction between operators and prospective clients, enhancing the overall advertising experience in Nigeria.
Genii Games
Seed Round in 2016
Genii Games Limited is a company based in Lagos, Nigeria, that specializes in developing interactive mobile applications aimed at teaching African culture to children. Founded in 2012, the company is known for its Asa brand, which offers a variety of engaging educational apps designed to enhance children's interest and knowledge of African cultural subjects. These applications incorporate features such as animation, voice, text, sound, and vibrant graphics to facilitate learning about languages, folktales, ethics, and etiquette. Genii Games' products are accessible on multiple mobile platforms, including iOS, Android, and BlackBerry, making them widely available to young audiences across the continent.
LifeBank
Seed Round in 2015
LifeBank is a healthcare logistics company that delivers critical medical supplies to hospitals and blood banks across Africa. It operates an enterprise marketplace and mobile app that enables hospitals and blood banks to source blood, blood products, oxygen, and other medical consumables and coordinates multi-modal delivery to care facilities. Founded in 2015 and based in Lagos, Nigeria, LifeBank combines digital sourcing with rapid logistics to improve on-time delivery, including rare medicines, supporting clinicians during emergencies.
GRIT Systems
Pre Seed Round in 2015
Founded in 2015, GRIT Systems develops and manufactures web-enabled meters that quantify power consumption from multiple sources like solar panels, generators, inverters, and grids. Their platform provides detailed information for utility bills, fuel usage, and battery health, enabling data-driven decisions to reduce costs and optimize energy use.
Truppr is a social fitness application based in Lagos, Nigeria, designed to help sports enthusiasts organize and discover fitness events and connect with potential teammates. The platform features a variety of sports and activities, including aerobics, badminton, yoga, cycling, swimming, kickboxing, squash, volleyball, table tennis, and basketball. Truppr allows users to easily find and participate in local fitness events, manage event logistics, and facilitate payments, fostering a vibrant community of individuals dedicated to an active lifestyle. Supported by Co-Creation Hub Nigeria and The Tony Elumelu Foundation, Truppr aims to promote sports and fitness participation by bringing people together through shared activities and interests.
Wecyclers
Venture Round in 2015
Wecyclers is a waste recycling service that aims to promote environmental sustainability and social welfare in Lagos, Nigeria. The company enables households to capture value from their waste by collecting recyclable materials such as plastic bottles, plastic bags, and aluminum cans. Utilizing a fleet of low-cost, bicycle-powered collection vehicles known as "wecycles," Wecyclers collaborates with the Lagos Waste Management Authority to facilitate waste collection at the household level. Households are incentivized through a rewards system that offers redeemable points based on the volume and quality of recyclables they provide. Wecyclers sorts and aggregates the collected materials, which are then sold to local recyclers, thereby supporting the recycling industry and fostering a more sustainable environment.
GoMyWay
Pre Seed Round in 2015
GoMyWay is a ride-sharing marketplace based in Lagos, Nigeria, founded in 2015. The platform connects passengers with ride owners who have empty seats available on their journeys, facilitating both long-distance travel and city commuting. By allowing ride owners to share costs with co-travelers, GoMyWay offers a cost-effective travel solution while promoting social connections among users. Passengers benefit from affordable and convenient transportation options, while ride owners can offset their travel expenses. The company emphasizes safety and community, implementing various verification measures for its members and maintaining a dedicated support team to oversee platform activities. GoMyWay positions itself as an alternative to traditional taxi services, focusing on efficient resource sharing among regular individuals.