Ingressive Capital

Founded in 2017, Ingressive Capital is a Pan-African venture capital firm investing in early-stage technology companies led by exceptional founders across Africa. With a focus on Egypt, Ghana, Kenya, Morocco, and Nigeria, the firm specializes in Pre-Seed and Seed investments, targeting B2C solutions for tech-enabled youth and B2B solutions to increase Africa's value chain ownership.

Maya Famodu

Founder and Managing Partner

Bami Olajide

Investor

Past deals in CEMEA

Oze

Venture Round in 2025
Oze empowers African small businesses by digitizing their operations. Its app enables tracking of sales, expenses, and customer data, with analysis providing tailored recommendations and business education. Users can access Oze Coaches for additional support. With over 150,000 registered users, Oze is West Africa's largest online SME community, with a proven track record of driving business growth.

Nowlun

Seed Round in 2024
Nowlun is an online freight forwarding platform that simplifies the shipping process for businesses by allowing them to compare various services and rates. The platform aggregates prices and schedules from over 30 shipping lines in Egypt, including spot prices, and offers comprehensive solutions that encompass sea freight, haulage, and customs clearance. By consolidating essential shipping information in one location, Nowlun enables users to swiftly make informed decisions without the delays typically associated with obtaining quotes. This streamlined approach enhances efficiency in managing and tracking shipments, making it easier for businesses to navigate the complexities of logistics.

Startbutton

Angel Round in 2024
Startbutton facilitates international business transactions by simplifying payment processes across Africa. It connects businesses with local payment networks, handling complexities like currency exchange, compliance, and tax requirements, allowing companies to focus on growth.

MNZL

Seed Round in 2023
MNZL aims to broaden access to capital for Egyptians by transforming owned assets into liquid financial resources. Through an innovative digital platform, it enables asset-backed financing, offering services like home equity investment and low-interest financing.

Payday

Seed Round in 2023
Payday is a fintech platform that provides global payment solutions such as virtual mastercards and payments for foreign employees. Payday can also be used to handle payroll, taxes, and compliance by foreign companies with African employees. Payday was established on May 1, 2021 in Vancouver, British Columbia by Favour Ori.

54gene

Convertible Note in 2022
54gene is a biotechnology company founded in 2019 and headquartered in San Francisco, California, with additional offices in Lagos, Nigeria. The company focuses on unlocking the potential of the African genome to enhance genetic research and development, addressing a significant gap in the global genomics market where a majority of genetic data is derived from individuals of Caucasian descent. By developing a pan-African biobank, 54gene aims to identify new drug targets and create diagnostics and treatments for various diseases, including cancer, cardiovascular conditions, and neurodegenerative disorders. In addition to its research initiatives, the company offers genetic testing and molecular diagnostics services to patients and healthcare providers, ensuring compliance with international data privacy laws. Through its efforts, 54gene seeks to contribute to the discovery of medical advancements that can benefit diverse populations.

Mecho

Seed Round in 2022
Mecho is 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. By offering seamless access to vehicle maintenance, inspection, and repair services, Mecho aims to enhance the automotive service experience for its users.

SeamlessHR

Series A in 2022
SeamlessHR Limited is a human resource technology software company based in Lagos, Nigeria, founded in 2013. It specializes in creating enterprise-grade, cloud-based HR solutions designed to automate and optimize the entire HR process for medium to large-sized organizations. The company's comprehensive product suite includes a Recruitment Management System, HR Information System (HRIS), Performance and Competency Management, Payroll Management, Leave Management, and Learning Management System, among other modules. These tools facilitate various HR functions such as recruitment, training, payroll processing, performance evaluation, and analytics, enabling businesses to streamline their human resource operations from recruitment to retirement. Additionally, SeamlessHR provides embedded finance solutions that enhance financial security for both employers and employees.

Mecho

Pre Seed Round in 2021
Mecho is 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. By offering seamless access to vehicle maintenance, inspection, and repair services, Mecho aims to enhance the automotive service experience for its users.

Mono

Series A in 2021
Mono is a Nigerian company founded in 2020 that specializes in developing a financial data infrastructure application programming interface (API) platform. The company aims to enhance access to financial accounts and improve onboarding and identification processes across emerging markets in Africa. Mono's platform offers a variety of services, including the generation of bank statements, account verification, payment initiation, and credit checks. By providing businesses with secure and efficient access to crucial financial data, Mono empowers organizations ranging from startups to large enterprises, facilitating their ability to thrive and contribute to economic growth in the region.

Mono

Series A in 2021
Mono is a Nigerian company founded in 2020 that specializes in developing a financial data infrastructure application programming interface (API) platform. The company aims to enhance access to financial accounts and improve onboarding and identification processes across emerging markets in Africa. Mono's platform offers a variety of services, including the generation of bank statements, account verification, payment initiation, and credit checks. By providing businesses with secure and efficient access to crucial financial data, Mono empowers organizations ranging from startups to large enterprises, facilitating their ability to thrive and contribute to economic growth in the region.

54gene

Series B in 2021
54gene is a biotechnology company founded in 2019 and headquartered in San Francisco, California, with additional offices in Lagos, Nigeria. The company focuses on unlocking the potential of the African genome to enhance genetic research and development, addressing a significant gap in the global genomics market where a majority of genetic data is derived from individuals of Caucasian descent. By developing a pan-African biobank, 54gene aims to identify new drug targets and create diagnostics and treatments for various diseases, including cancer, cardiovascular conditions, and neurodegenerative disorders. In addition to its research initiatives, the company offers genetic testing and molecular diagnostics services to patients and healthcare providers, ensuring compliance with international data privacy laws. Through its efforts, 54gene seeks to contribute to the discovery of medical advancements that can benefit diverse populations.

Oze

Seed Round in 2020
Oze empowers African small businesses by digitizing their operations. Its app enables tracking of sales, expenses, and customer data, with analysis providing tailored recommendations and business education. Users can access Oze Coaches for additional support. With over 150,000 registered users, Oze is West Africa's largest online SME community, with a proven track record of driving business growth.

SeamlessHR

Seed Round in 2020
SeamlessHR Limited is a human resource technology software company based in Lagos, Nigeria, founded in 2013. It specializes in creating enterprise-grade, cloud-based HR solutions designed to automate and optimize the entire HR process for medium to large-sized organizations. The company's comprehensive product suite includes a Recruitment Management System, HR Information System (HRIS), Performance and Competency Management, Payroll Management, Leave Management, and Learning Management System, among other modules. These tools facilitate various HR functions such as recruitment, training, payroll processing, performance evaluation, and analytics, enabling businesses to streamline their human resource operations from recruitment to retirement. Additionally, SeamlessHR provides embedded finance solutions that enhance financial security for both employers and employees.

Evolve Credit

Seed Round in 2020
Evolve Credit is a Nigerian fintech company founded in 2020, headquartered in Lagos. It operates an online platform that empowers consumers to explore, compare, and apply for various loan products tailored to different needs, including personal loans, SME loans, and options for salary earners and the unemployed. The platform provides expert reviews, ratings, and comparisons based on price, interest rates, and other terms. Additionally, Evolve Credit offers a Software as a Service (SaaS) core banking platform that enables financial institutions to streamline, digitize, and manage deposit, lending, and recovery services efficiently. This platform includes no-code tools designed to offer personalized customer banking experiences both online and offline.

Mono

Pre Seed Round in 2020
Mono is a Nigerian company founded in 2020 that specializes in developing a financial data infrastructure application programming interface (API) platform. The company aims to enhance access to financial accounts and improve onboarding and identification processes across emerging markets in Africa. Mono's platform offers a variety of services, including the generation of bank statements, account verification, payment initiation, and credit checks. By providing businesses with secure and efficient access to crucial financial data, Mono empowers organizations ranging from startups to large enterprises, facilitating their ability to thrive and contribute to economic growth in the region.

SimbaPay

Seed Round in 2020
SimbaPay is a London-based fintech company established in 2013. It provides digital money transfer services, enabling users to send funds quickly and securely to recipients' bank accounts or mobile wallets in Africa. The platform offers competitive exchange rates and supports transfers to Ghana, Kenya, Nigeria, and Uganda.

Fuel Metrics

Seed Round in 2020
Fuel Metrics is a leading software development and implementation company located in Lagos, Nigeria. We are a company with strength and experience in the ICT industry, providing innovative technological solutions such as software development, enterprise solutions, mobile application development, database administration and optimization, web design & development, web app development, and onsite training for corporate organizations.

54gene

Series A in 2020
54gene is a biotechnology company founded in 2019 and headquartered in San Francisco, California, with additional offices in Lagos, Nigeria. The company focuses on unlocking the potential of the African genome to enhance genetic research and development, addressing a significant gap in the global genomics market where a majority of genetic data is derived from individuals of Caucasian descent. By developing a pan-African biobank, 54gene aims to identify new drug targets and create diagnostics and treatments for various diseases, including cancer, cardiovascular conditions, and neurodegenerative disorders. In addition to its research initiatives, the company offers genetic testing and molecular diagnostics services to patients and healthcare providers, ensuring compliance with international data privacy laws. Through its efforts, 54gene seeks to contribute to the discovery of medical advancements that can benefit diverse populations.

Bamboo

Seed Round in 2020
Bamboo is a digital investment platform based in Lagos, Nigeria, that allows users to buy, hold, or sell stocks listed on the United States and Nigerian stock markets. The platform offers real-time access to stock trading through a mobile application and web interface, making it convenient for users to manage their investments from various devices. By focusing on user-friendly technology, Bamboo aims to simplify the investment process for individuals looking to participate in global financial markets.

Oze

Seed Round in 2019
Oze empowers African small businesses by digitizing their operations. Its app enables tracking of sales, expenses, and customer data, with analysis providing tailored recommendations and business education. Users can access Oze Coaches for additional support. With over 150,000 registered users, Oze is West Africa's largest online SME community, with a proven track record of driving business growth.

54gene

Seed Round in 2019
54gene is a biotechnology company founded in 2019 and headquartered in San Francisco, California, with additional offices in Lagos, Nigeria. The company focuses on unlocking the potential of the African genome to enhance genetic research and development, addressing a significant gap in the global genomics market where a majority of genetic data is derived from individuals of Caucasian descent. By developing a pan-African biobank, 54gene aims to identify new drug targets and create diagnostics and treatments for various diseases, including cancer, cardiovascular conditions, and neurodegenerative disorders. In addition to its research initiatives, the company offers genetic testing and molecular diagnostics services to patients and healthcare providers, ensuring compliance with international data privacy laws. Through its efforts, 54gene seeks to contribute to the discovery of medical advancements that can benefit diverse populations.

Jetstream Africa

Pre Seed Round in 2019
Jetstream Africa Limited is a cloud-based logistics company headquartered in Accra, Ghana, established in 2018. The company operates a digital platform that facilitates cross-border marine logistics services for African businesses. It specializes in freight forwarding and global exports, enabling small and medium-sized enterprises (SMEs) to access international trade more easily. By offering services such as shipment booking and tracking, as well as consolidated shipping options, Jetstream enhances the supply chain experience for its users, effectively leveling the playing field in the competitive global market.

AwaBike

Pre Seed Round in 2018
AwaBike is a company based in Lagos, Nigeria, that specializes in developing a bike sharing and lifestyle application known as AWA Bike. Founded in 2017, the application offers users a range of features including notifications about available docking stations, fluid navigation, geo-location tracking, QR code generation, and secure pin code scanning. Additionally, the app allows users to connect with fellow bikers and shoppers, as well as purchase and sync fitness bands. AwaBike aims to enhance the urban mobility experience by integrating technology with cycling and lifestyle activities.

Paystack

Series A in 2018
Founded in 2015, Paystack enables African businesses to accept payments from anyone worldwide via credit/debit cards, money transfers, and mobile money on their websites or apps. Its platform simplifies secure online transactions.

Oze

Pre Seed Round in 2018
Oze empowers African small businesses by digitizing their operations. Its app enables tracking of sales, expenses, and customer data, with analysis providing tailored recommendations and business education. Users can access Oze Coaches for additional support. With over 150,000 registered users, Oze is West Africa's largest online SME community, with a proven track record of driving business growth.

Tizeti

Seed Round in 2017
Founded in 2016, Tizeti delivers unlimited broadband internet services using Wi-Fi technology across Africa. It targets densely populated urban centers, leveraging low-cost solar power and Wi-Fi's large wireless capacity to create a customer-friendly pricing model.
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