GreenHouse Capital

GreenHouse Capital, established in 2016 and based in Ikeja, Nigeria, operates as a corporate venture capital firm affiliated with the Venture Garden Group. It focuses on investing in early-stage technology startups, particularly in the fintech and big data sectors within sub-Saharan Africa, as well as foreign startups aiming to enter the African market. The firm aims to nurture innovation by identifying and supporting young entrepreneurs who are addressing global challenges through technology. Additionally, it has developed the Garden Institute of Business Entrepreneurs to serve as a talent management hub, fostering skill development and leadership among emerging entrepreneurs. GreenHouse Capital is dedicated to building a robust ecosystem for women-led technology companies and accelerating their growth in emerging markets.

Busayo Eniola-Giwa

Senior Investment Analyst

Past deals in West Africa

MarketForce

Series A in 2022
Founded in 2018, MarketForce is a technology company based in the US, Kenya, and Nigeria. It operates an asset-light business model, providing a comprehensive B2B commerce and fintech platform, 'RejaReja', empowering African merchants to digitize their inventory sourcing, ordering, payments, and access financing. The platform also enables merchants to resell digital financial services like airtime and bill payments. MarketForce is operational in five Sub-Saharan African markets, serving over 200,000 merchants and 50 consumer brands.

MarketForce

Seed Round in 2021
Founded in 2018, MarketForce is a technology company based in the US, Kenya, and Nigeria. It operates an asset-light business model, providing a comprehensive B2B commerce and fintech platform, 'RejaReja', empowering African merchants to digitize their inventory sourcing, ordering, payments, and access financing. The platform also enables merchants to resell digital financial services like airtime and bill payments. MarketForce is operational in five Sub-Saharan African markets, serving over 200,000 merchants and 50 consumer brands.

Riby

Seed Round in 2018
Riby is a fintech company based in Lagos, Nigeria. It offers a digital platform that enables cooperatives, associations, micro businesses, and individuals to create, manage bank or mobile money accounts, and access financial services.

Rensource

Seed Round in 2016
Founded in 2015, Rensource offers subscription-based solar power services primarily for consumers and small businesses in Nigeria. The company generates electricity using small solar-hybrid systems installed on-site, providing flexible plans such as Go, Eco, Duplo, and Pro based on customers' energy needs.

Rensource

Venture Round in 2016
Founded in 2015, Rensource offers subscription-based solar power services primarily for consumers and small businesses in Nigeria. The company generates electricity using small solar-hybrid systems installed on-site, providing flexible plans such as Go, Eco, Duplo, and Pro based on customers' energy needs.
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