Best Investors to pitch to In Nigeria: A look into investors that are actually writing checks

Improving Your Funding as a Learning Concept with Green Chart

I want to cover investors that have written checks for startups in Nigeria 2-3yrs. At the moment in Africa, angels and venture capitalist are growing but as startups, you want to increase your chances of being funded significantly. To make that happen, it’s important to know which investor to pitch. If your startup is at idea stage, you most likely will get funded by an Angel investor or a VC fund with seed coverage.

Another thing is to pay attention to the sector the investor is focused. If you are into Fintech, it makes a lot of sense to pitch a venture firm focused on that sector. Beyond the money, they will have useful advice on executing your strategy.

Name Sector Past Investment Startup Stage Minimum Site
DraperDarkFlow Fintech Paystack, Traction $25k – $500k
Accion Venture Fintech Lidya Traction 100k – $500k
Spark Marketplace / Fintech FlutterWave,,, Nanovas, Seed $10k
Bill Paladino Consumer / Fintech Aella Credit, GoMyWay,, The Student Hub Seed 100k – $500k
Lagos Angel Network
EchoVC, Printivo, S&T Media, Cars45 Traction $50k
GreenTec Capital FarmCrowdy $50k – $10m
Afropreneur Andela, HutBay, Flutterwave, Adient Medical, Nervemobile Seed
TLcom Capital Connectivity, FinTech, B2B, B2C, eCommerce Andela, Movirtu, Upstream Traction / Customers $500k – $10m
Convergence Partners All sectors in telecom and tech – B2B Dimension Data, VGG, CSquared
Strong Revenue Growth
Future Perfect VC Blockchain, ML, Marketplaces, Interactivity Andela
GreenHouse Capital Fintech / Ed-tech Devcenter , Rensource, Flutterwave, Adspread,,, Tutor.NG, paperclasee, AppZone, SureBids, TalentBase, Electronic settlement limited Seed $10k – $250k
Venture Platform Paystack, Printivo, Kangpe, Tizeti, Kudi, Accounteer, Gerocare, LastPrice, Thrive Agric, My Padi, VIVA, Wesabi, Jalo, Mobile Forms, ProTeach, Lizzie’s Creations, DriversNG Traction $10k
Ringier Africa AG Classifieds, Content, Marketing One Africa Media, Jobberman, Cheki, Private Property Nigeria, BuyRentKenya, Brighter Monday, Expat-Dakar, ZoomTanzania, Business Insider Sub-Saharan Africa Traction $10k – $10m
Singularity Asoko Insights, PayStack, mPharma, Sliide, Maliyo Games, Flutterwave, SmileID Seed $50k – $750k
Amina Capital Tizeti Technology $50k – $250k
Savanah Fund Lydia, Copia, Sendy, BitFinance, ACE, Podozi Traction $25k
Iconway Ventures Retail, Media, B2B, B2C, eCommerce Gamsole (exited), Pricepadi Traction $10 – $25k
AMMP Ventures VenueCompass Traction $10 – $30k
Passion Incubator Fund (PI Fund) Prototype,, Tanteeta
$5k – $15
Venture Kinetics Healthcare, Education, Media, SAAS, Mobile, Digital Infrastructure Clearbit, Makers Row, Kangpe, Ongair, Gamsole, Tanteeta, MSBM, ESL (CashEnvoy, PayPad), VFD, Playspread, Visacover Technology proof $5k – $100k
Lagos Angel Network Cafe Neo, Big Cabal Traction
TVC Labs Sproxil,, SimplePay, PushCV and Pledge 51 Seed $50k – $250k
CcHUB Growth Capital Lifebank, Gomyway, Truppr, Sarelo Traction $50k – $200k
IFC Venture Capital Andela $3m – $25m

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