GreenHouse Capital

Greenhouse Lab is an accelerator dedicated to supporting early-stage, women-led technology startups, with a mission to foster the growth of world-class companies in emerging African markets. Established in 2016 and operating under the umbrella of GreenHouse Capital, which is affiliated with the Venture Garden Group, Greenhouse Lab aims to equip female entrepreneurs with essential skills, resources, and support to scale their businesses effectively. The founders of Greenhouse Capital have a proven track record in transforming startups into successful enterprises, having previously scaled their own fintech company significantly in a short period. This experience informs Greenhouse Lab's commitment to cultivating a thriving ecosystem for women entrepreneurs, focusing on innovation and addressing global challenges through technology. By nurturing talent and providing a supportive environment, Greenhouse Lab seeks to create a new generation of technology leaders in Africa.

Busayo Eniola-Giwa

Senior Investment Analyst

Past deals in Nigeria

Credpal

Convertible Note in 2022
Credpal is an innovative solution that allows businesses and individuals buy anything and pay for it in instalments across online and offline merchants by providing them with instant access to credit at the point of checkout.

Busha

Seed Round in 2021
Busha Digital Limited develops an online platform and mobile application software to buy, sell, and manage the cryptocurrency portfolio. It allows customers to manage the cryptocurrency portfolio either by depositing funds into the wallet and start trading in cryptocurrencies or making payment directly through the bank accounts or debit/credit cards. The company was founded in 2018 and is based in Lagos, Nigeria.

Yellow Card

Series A in 2021
Yellow Card Financial, LLC operates an online cryptocurrency trading platform that facilitates the buying and selling of Bitcoin and other cryptocurrencies without the need for a bank account. Founded in 2016 and headquartered in Chamblee, Georgia, the company offers a range of services including over-the-counter cryptocurrency trading, payment solutions, and currency exchange. Additionally, Yellow Card provides gift cards for cryptocurrency, aiming to transform the traditional remittance market in Nigeria and other countries. The company also has physical locations in Nigeria, Tanzania, Cameroon, Kenya, and South Africa, enhancing its accessibility for customers seeking to engage in cryptocurrency transactions.

GetEquity

Venture Round in 2021
GetEquity is a financial platform focused on democratizing access to private investments. It enables investors to trade tokenized equity in startups with a minimum investment of ten dollars, facilitating participation in the private market. The platform provides tools for investors to organize and manage their assets efficiently, creating a streamlined experience for investing in startups from various locations. Additionally, GetEquity aims to enhance liquidity in traditionally illiquid markets through the sale of secondary equity, fostering a more inclusive investment ecosystem.

BFree

Seed Round in 2021
BFree is a developer of a credit management platform that aims to enhance the credit collection process while prioritizing consumers' financial health. The company utilizes artificial intelligence to create ethical credit management tools, making the collection processes more scalable, efficient, and user-friendly. By focusing on sustainability, BFree empowers customers, particularly in emerging markets, to take control of their finances. The platform allows users to self-administer their loan repayments and gain essential knowledge in personal budgeting and financial management, ultimately leading them out of debt.

GetEquity

Pre Seed Round in 2021
GetEquity is a financial platform focused on democratizing access to private investments. It enables investors to trade tokenized equity in startups with a minimum investment of ten dollars, facilitating participation in the private market. The platform provides tools for investors to organize and manage their assets efficiently, creating a streamlined experience for investing in startups from various locations. Additionally, GetEquity aims to enhance liquidity in traditionally illiquid markets through the sale of secondary equity, fostering a more inclusive investment ecosystem.

Sabi

Pre Seed Round in 2021
Sabi is a B2B network designed to enhance commerce within the informal trade sector. It aims to accelerate the flow of transactions by facilitating connections among stakeholders. The company offers a comprehensive e-commerce logistics infrastructure that serves both micro and small enterprises. Sabi's platform includes features such as digital ledgers for cash management, interfaces for wholesale business-to-business transactions, group buying options, and logistical support. These services are tailored to help merchants access essential tools, reach new customers, improve cash flow, and streamline their logistics processes. Through its innovative approach, Sabi enables businesses to thrive in a competitive marketplace.

Credpal

Venture Round in 2020
Credpal is an innovative solution that allows businesses and individuals buy anything and pay for it in instalments across online and offline merchants by providing them with instant access to credit at the point of checkout.

Riby

Seed Round in 2018
Riby, a finance technology company, provides a finance management platform for cooperatives, company groups, employees, individuals, associations, and financial development institutions. The company is based in Lagos, Nigeria.

Bankly

Seed Round in 2018
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 be seen 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.

Helium Health

Seed Round in 2017
Helium Health is a technology company focused on transforming healthcare in Africa through its electronic health records and hospital management systems. Founded in 2016 and headquartered in Lagos, Nigeria, the company provides a comprehensive suite of software tools designed to digitize medical records, manage hospital operations, and facilitate financial applications. Its platform features capabilities for managing patient visits, prescriptions, billing, and telemedicine solutions, all accessible from various devices. Additionally, Helium Health offers functionalities such as customizable forms, smart analytics, appointment management, and alerts, which help healthcare providers enhance efficiency, improve patient care, and reduce operational waste. By leveraging technology, Helium Health aspires to become the leading healthcare data exchange in Africa.

Rensource

Seed Round in 2016
Rensource Inc offers subscription based solar power services to to consumers and small businesses. The company generates electricity using small solar-hybrid systems that are installed in the premises of the final customer. It offers different subscription plans which include Go, Eco, Duplo, and Pro based on energy requirements of the customer. Rensource Inc was founded in 2015 and is based in Lagos, Nigeria.

SureGroup

Seed Round in 2015
Commerce in Africa is deeply facilitated by cash, but cash-based transactions are expensive, unsafe, and difficult to track. Suregifts identified an opportunity to take advantage of the growth and adoption of the internet and all things digital in Africa by creating a simple, yet safe alternative currency to be utilised for specific purposes; Vouchers. At the core of what SureGifts does, is selling and maintaining an inventory of vouchers, which can be exchanged between two or more parties, and spent at a closed but extensive network of merchants across Africa for a near-unlimited assortment of goods and services.
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