Ingressive Capital

Ingressive Capital is a venture capital firm established in 2017 and based in Lagos, Nigeria. The firm focuses on investing in early-stage and emerging startups that demonstrate high growth potential, particularly in sectors such as fintech, SaaS and cloud, internet services, healthtech, and agritech. Ingressive Capital leverages its extensive global network to support the growth and scaling of these companies, investing funds in exchange for equity or ownership stakes. By concentrating on pre-seed to seed stage businesses, Ingressive Capital aims to foster innovation and development within the tech ecosystem in Nigeria and beyond.

Maya Horgan Famodu

Founder and Managing Partner

Bami Olajide

Investor

22 past transactions

Gamp

Venture Round in 2022
Gamp is a company specializing in device protection and support services for consumer electronics. It offers repair services for smartphones, computers, and a variety of other electronic devices from well-known manufacturers. By arranging pick-ups and drops for gadgets, Gamp ensures that consumers receive post-sale assistance conveniently, eliminating the need to visit a service center. This focus on customer convenience and support positions Gamp as a valuable resource for individuals seeking reliable repair and protection solutions for their electronic devices.

Sava

Pre Seed Round in 2022
Sava is a multi-management platform that provides an unlimited number of virtual cards as well as automated accounting reconciliation.

Healthtracka

Seed Round in 2022
Healthtracka is a digital health platform focused on providing consumers with convenient access to a range of health testing services. The platform enables users to book lab tests directly, arrange for at-home sample collection, and receive digital results within one to three days. Healthtracka offers a variety of testing options, including full body checkups, screenings for coronavirus and sexually transmitted diseases, as well as tests for diabetes and hypertension. Additionally, the platform provides pre-wedding screening tests, allowing individuals to make informed health decisions and facilitate necessary follow-up actions.

Bridgecard

Pre Seed Round in 2022
Bridgecard is a fintech company that provides a platform for users to manage all their bank accounts and cards in one location. It offers a single debit card that can be used globally, enhancing the convenience of financial management. The platform incorporates features such as tokenization to ensure secure transactions, allowing users to conduct global transactions with confidence. By streamlining account management and improving security, Bridgecard aims to simplify the financial experience for its users.

Remedial Health

Pre Seed Round in 2022
Remedial Health is a company focused on enhancing access to medicines for healthcare retail businesses, including large pharmacies and small chemist shops. By utilizing advanced technology, it develops a pharmacy operations and procurement management platform that facilitates direct ordering from manufacturers and registered distributors. This platform supports both large and small retailers in streamlining their dispensing and workflow management processes, ensuring just-in-time stock availability. Additionally, Remedial Health provides financing options and a diverse selection of inventory, thereby improving the efficiency and effectiveness of medicine procurement for its clients.

Mecho

Seed Round in 2022
Mecho is a developer of an on-demand auto repair and maintenance platform tailored for individuals and businesses in Africa. The platform facilitates the registration and scheduling of maintenance services, connecting customers with a network of certified mechanics and automobile technicians. This service aims to provide a seamless experience for vehicle maintenance, inspection, and repair, making it easier for users to manage their automotive needs efficiently.

SeamlessHR

Series A in 2022
SeamlessHR Limited is a human resource technology software company based in Lagos, Nigeria, founded in 2013. It specializes in providing a comprehensive, cloud-based HR platform designed for medium to large-sized companies. SeamlessHR offers an end-to-end suite of solutions that automates and optimizes various HR processes, including recruitment, performance management, payroll, and leave management. Its product offerings encompass a Recruitment Management System, a Core HR Management System, and a Learning Management System, among others. The platform is tailored for emerging markets, providing well-priced and robust technology to help businesses streamline their human resource operations from hiring to retirement.

Alvin

Pre Seed Round in 2022
Developer of personal finance application designed for money tracking and budgeting for the people of Africa. The company's application offers a smart money manager that uses automated budgeting, personalized offers, and applied behavioral game design strategies, helping customers to be accountable and align their daily spending behaviors with their savings goals.

Mecho

Pre Seed Round in 2021
Mecho is a developer of an on-demand auto repair and maintenance platform tailored for individuals and businesses in Africa. The platform facilitates the registration and scheduling of maintenance services, connecting customers with a network of certified mechanics and automobile technicians. This service aims to provide a seamless experience for vehicle maintenance, inspection, and repair, making it easier for users to manage their automotive needs efficiently.

Grey

Pre Seed Round in 2021
Grey is a banking platform founded in 2020 by Idorenyin Obong and Femi Aghedo, focused on simplifying international payments for freelancers, remote workers, and businesses in Nigeria, Kenya, and Tanzania. The platform allows users to open free foreign bank accounts, enabling them to receive payments from over 80 countries and convert these funds into local currency for spending or saving. With a Money Service Business license from regulatory bodies in Canada and the USA, Grey facilitates quick and hassle-free cross-border transactions, supporting digital nomads and enhancing their ability to operate in a global economy.

Mono

Series A in 2021
Mono is a financial data infrastructure company based in Nigeria, founded in 2020. It develops an application programming interface (API) platform that enables digital businesses in Africa to access customers' financial and identity data. Mono's services include generating bank statements, verifying account details, initiating payments, and conducting credit checks. The company serves a diverse range of clients, including fintech firms such as Carbon, Flutterwave, Indicina, and Renmoney, as well as various developers. Through its innovative platform, Mono aims to enhance financial accessibility and streamline transactions for businesses across the continent.

54gene

Series B in 2021
54gene develops a pan-African biobank to identify new drug targets, and develop diagnostics and treatments for diseases. The company targets multiple disease states, including cancer, cardiovascular disease, and neuro-degenerative disease. It also provides genetic testing and molecular diagnostics services. The company was founded in 2019 and is based in San Francisco, California with an additional offices in Lagos, Nigeria.

Complete Farmer

Seed Round in 2021
Complete Farmer Ltd. is an agricultural services company based in Accra, Ghana, established in 2017. It focuses on building and managing crop farms while offering a digital agriculture platform that connects industries with quality farm produce. The company utilizes Internet of Things technology and machine learning algorithms to enable farm owners to monitor their crops and farming processes effectively. Complete Farmer's crowd-farming platform allows individuals to invest in sustainable farming, promoting food security and nutritious eating. By eliminating middlemen and farm produce aggregators, the platform provides a streamlined approach to sourcing quality crop commodities, thereby helping clients gain a competitive advantage in various agricultural value chains. Additionally, Complete Farmer offers education and training to farmers, ensuring that they meet industry specifications and quality standards.

Oze

Seed Round in 2020
OZÉ, Inc. is a Ghana-based company founded in 2016 that provides an Android application designed for small businesses to manage their finances effectively. The OZÉ app allows users to track sales, expenses, and customer information, offering tailored recommendations and reports based on the analyzed data. It also provides business education and access to support through OZÉ Coaches. By leveraging machine learning, OZÉ can assess credit risk and connect businesses with affordable capital from banking partners. With over 20,000 registered users, OZÉ has established itself as the largest online community of small and medium enterprises in Ghana. The platform has demonstrated significant success, with 97% of businesses using OZÉ for at least nine months reporting growth or profitability.

Kwaba

Pre Seed Round in 2020
Kwaba International Ltd operates a rent payment platform in Nigeria that enables tenants to pay their house rent in convenient installments. Founded in 2017 and based in Ikoyi, the company offers a user-friendly online portal and mobile application where users can find listings for homes, office spaces, and student hostels available for rent or sale. The platform is designed to provide instant pre-approval for payments, enhancing data security and offering flexible payment options for both renters and homeowners. By facilitating easier rental transactions, Kwaba aims to address the challenges associated with traditional rent payment methods in Nigeria.

Mono

Pre Seed Round in 2020
Mono is a financial data infrastructure company based in Nigeria, founded in 2020. It develops an application programming interface (API) platform that enables digital businesses in Africa to access customers' financial and identity data. Mono's services include generating bank statements, verifying account details, initiating payments, and conducting credit checks. The company serves a diverse range of clients, including fintech firms such as Carbon, Flutterwave, Indicina, and Renmoney, as well as various developers. Through its innovative platform, Mono aims to enhance financial accessibility and streamline transactions for businesses across the continent.

54gene

Series A in 2020
54gene develops a pan-African biobank to identify new drug targets, and develop diagnostics and treatments for diseases. The company targets multiple disease states, including cancer, cardiovascular disease, and neuro-degenerative disease. It also provides genetic testing and molecular diagnostics services. The company was founded in 2019 and is based in San Francisco, California with an additional offices in Lagos, Nigeria.

Vesicash

Seed Round in 2020
Vesicash Innovative Technologies Limited, founded in 2018 and based in Lagos, Nigeria, specializes in digital payment services aimed at enhancing financial transactions across Africa. The company provides a digital escrow system that facilitates secure peer-to-peer and marketplace transactions, addressing common challenges such as payment fraud and lack of trust. Its platform includes features for identity verification, dispute resolution, and data insights, promoting financial transparency and confidence among small businesses. By enabling secure digital payments and milestone payments, Vesicash aims to boost the African digital economy and support businesses in conducting transactions safely and efficiently.

Remedial Health

Pre Seed Round in 2019
Remedial Health is a company focused on enhancing access to medicines for healthcare retail businesses, including large pharmacies and small chemist shops. By utilizing advanced technology, it develops a pharmacy operations and procurement management platform that facilitates direct ordering from manufacturers and registered distributors. This platform supports both large and small retailers in streamlining their dispensing and workflow management processes, ensuring just-in-time stock availability. Additionally, Remedial Health provides financing options and a diverse selection of inventory, thereby improving the efficiency and effectiveness of medicine procurement for its clients.

AwaBike

Pre Seed Round in 2018
AwaBike develops AWA Bike, a bike sharing and lifestyle application. Its application allows users to get notified about various available dock stations; and join the league of bikers and shoppers, and buy and sync fit bands. The company was founded in 2017 and is based in Lagos, Nigeria.

Oze

Pre Seed Round in 2018
OZÉ, Inc. is a Ghana-based company founded in 2016 that provides an Android application designed for small businesses to manage their finances effectively. The OZÉ app allows users to track sales, expenses, and customer information, offering tailored recommendations and reports based on the analyzed data. It also provides business education and access to support through OZÉ Coaches. By leveraging machine learning, OZÉ can assess credit risk and connect businesses with affordable capital from banking partners. With over 20,000 registered users, OZÉ has established itself as the largest online community of small and medium enterprises in Ghana. The platform has demonstrated significant success, with 97% of businesses using OZÉ for at least nine months reporting growth or profitability.
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