Beta.Ventures

Beta.Ventures is a venture capital firm based in New York and Lagos that focuses on supporting Africa's leading tech entrepreneurs. It specializes in investing in early-stage companies within the logistics, energy, and healthcare sectors across the continent. The firm is dedicated to helping ambitious entrepreneurs develop innovative products and services, emphasizing rapid revenue and profit growth. Beta.Ventures collaborates closely with talented founders and their teams, guiding them from the initial product idea through to launch and subsequent stages of development. By leveraging the experience of its partners, affiliates, and mentors, who have led prominent technology companies, Beta.Ventures aims to maximize success and minimize risk for the companies it supports.

Ovo Emorhokpor

General Partner

Blessing Okoroafor

Analyst

Napa Onwusah

Venture Partner

Past deals in Nigeria

Edves

Seed Round in 2021
Edves Limited is a company based in Lagos, Nigeria, that specializes in designing and developing school management software aimed at automating various administrative and educational processes. Founded in 2016, Edves's platform serves over 1,700 K-12 schools across 11 African countries, streamlining enrollment, school fees payment, result processing, and online learning. The software offers features such as e-books, video tutorials, and virtual classrooms, facilitating a comprehensive digital learning environment. Additionally, it provides tools for school owners to manage fee defaulters and set reminders, while educators can generate annual reports to track student performance. By enhancing digital infrastructure for educational institutions, Edves aims to improve learning outcomes and optimize school operations.

Smile ID (formerly Smile Identity)

Series A in 2021
At Smile ID they believe anyone should be able to prove their identity easily, anywhere in the world. Their team is made up of American and African engineers and financial services professionals with experience across global markets in highly regulated environments. They have built encryption, authentication and security solutions. They have developed image processing technology from the chip level up. They have been part of security investigations and have pursued fraudsters. Having worked with, or for, telecoms, lenders, banks and startups, they know the challenges of building world class technology and they understand the needs of the African consumer and enterprise customer. They are backed by leading Silicon Valley & African investors and they have pan-African reach, with representation in the United States, South Africa, Nigeria, Kenya, Ghana and Rwanda.
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