The Best Nigerian Investment Firms You Should Know

It is possible that investing is difficult because more often than not it is a question of making extra efforts to avoid hitting bottom.

During their first year, some startups may encounter operational difficulties due to lack of funds. The long, arduous but fascinating journey from concept to revenue-generating startup requires using money as a propellant.

Nigeria has been one of the leading countries in the African startup scene in terms of fundraising, but the funding gap still exists for a significant number of Nigerian startup founders.

Looking for a place to fundraise in Nigeria? Here are the top 7 fully functional early-stage investment and venture capital firms, in no particular order.

Enterprise platform

Ventures Platform is a seed-stage development fund that helps post-A Minimum Viable Product (MVP) teams scale their businesses.

Ventures Platform supports Africa’s boldest entrepreneurs and helps them build exceptional businesses around their innovations.

Kola Aina, an active angel investor and business coach, started Venture Platform. MobileForms, GeroCare, Accounteer, Jalo, PiggyBank, Wesabi and others are some of the leading Nigerian companies in Ventures Platform’s network.

Also Read, Top 6 Angel Investors in Africa

SPARK Capital

SPARK is a company that creates companies. SPARK offers start-up funding and assistance to entrepreneurs with clear and scalable revenue models, focusing on Lagos, Nigeria.

The company, which was founded by IrokoTV’s Jason Njoku, now has over 9 companies in its portfolio, including Hotels NG, Paystack, OgaVenue, Drinks NG, Medsafe and others.

Growth capital funds

CCHub’s Growth Capital Fund is Nigeria’s first social innovation fund, designed to provide outliers driving social change in Nigeria an unprecedented path to growth.

GC-Fund invests in high-potential start-ups that leverage technology to build our next-generation infrastructure. CCHub, Omidyar Network, Bank Of Industry and Venture Garden Group are among the GC investors.

Also read, Review: Angel Investors in Nigeria

LeadPath of Nigeria

LeadPath Nigeria is a seed capital fund that focuses on providing short, medium and long term financing to start-up small and medium enterprises in high growth technology areas such as software, web and mobile technologies .

LeadPath invests in technology entrepreneurs who tackle real-world challenges. The average seed fundraising investment ranges from $25,000 to $100,000.00, with follow-on fundraising rounds ranging into the millions of dollars.

GreenTree investment company

GreenTree Investment Company is a venture capital firm that provides financing to businesses, helps them establish “a rock-solid corporate governance structure,” and provides streamlined financial planning and legal advice, among other services.

Since its inception in 2014, the company has invested in a number of startups, the most famous of which are Paystack, Precurio, and Big Cabal Media.

GreenHouse Capital

GreenHouse Capital, which was established in January 2016 by Venture Garden Group, is a stand-alone investment company with the goal of becoming Africa’s largest fintech investment holding company through direct investments in technology organizations. African companies that offer and disintegrate banking services.

GreenHouse Capital has invested in a number of well-known Nigerian companies including Flutterwave and Max.NG, Rensource, Riby and TalentBase.

Lagos Angel Network (LAN)

The Lagos Angel Network is the leading Nigerian angel network and one of the most active in Africa. It is a Lagos-based angel investor network that invests in start-up companies and provides mentorship.

LAN, which was founded in 2014, is Nigeria’s first members-only network dedicated to funding start-ups and startups. LAN members have invested in over a dozen Lagos businesses since its inception.

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