Who invests in startups in Nigeria
47 investors back startups in Nigeria: funds, accelerators and angel networks with at least two portfolio companies there, 156 portfolio startups in all. The most active here are Techstars (40), Y Combinator (37) and Ventures Platform (30). 10 of them are accelerators.
Investors by their portfolio companiesRebuilt 5 Nov 2026
investors
47
portfolio startups
156
accelerators
10
Investors backing startups in Nigeria
| Investor | Startups here | Portfolio rounds, 12 mo | Latest activity |
|---|---|---|---|
 TechstarsAccelerator · United States · MDaaS Global, Rise Africa, WellaHealth | 40 | 97 | Oct 2026 |
 Y CombinatorAccelerator · United States · Nomba, Flutterwave, Reliance Health | 37 | 255 | Oct 2026 |
 Ventures PlatformVenture capital · Nigeria · Nomba, Reliance Health, Gradely | 30 | 2 | Aug 2026 |
 GoogleAccelerator · United States · Nomba, MDaaS Global, PiggyVest | 21 | 1 | Aug 2026 |
 EndeavorAccelerator · United States · Autochek, Flutterwave, Paga | 18 | 55 | Oct 2026 |
 Plug and PlayAccelerator · United States · Flutterwave, Spleet, Youverify | 15 | 154 | Nov 2026 |
 MicrotractionVenture capital · Nigeria · Famasi Africa, Gradely, Rise Africa | 13 | 1 | May 2026 |
 Expert DojoAccelerator · United States · Klasha, PaidHR, Winich Farms | 9 | 2 | Jul 2026 |
 Soma CapitalVenture capital · United States · Flutterwave, Prembly, Grey Finance | 7 | 59 | Oct 2026 |
 PartechVenture capital · France · Nomba, Reliance Health, TradeDepot | 7 | 28 | Oct 2026 |
 4DX VenturesVenture capital · United States · Nomba, Autochek, Flutterwave | 7 | – | Apr 2022 |
 VestedWorldVenture capital · United States · DrugStoc, Shuttlers, WellaHealth | 7 | – | – |
 Heirs HoldingsFamily office · Nigeria · Heirs Insurance Group, united capital, Heirs Energies | 7 | – | – |
 Helios Investment PartnersPrivate equity · United Kingdom · Nomba, Interswitch, IHS Towers | 6 | 1 | Sep 2026 |
 First Circle Capital 2025Venture capital · CredPal, Octamile, Traction Apps | 6 | 1 | Feb 2026 |
 AntlerAccelerator · Singapore · Forti Foods, Cubbes, Raba | 5 | 53 | Nov 2026 |
 MaC Venture CapitalVenture capital · United States · Prembly, Big Cabal Media, Shekel Mobility | 5 | 19 | Oct 2026 |
 TLcom CapitalVenture capital · United Kingdom · Autochek, uLesson, SeamlessHR | 5 | 2 | Oct 2026 |
 VentureSouqVenture capital · United Arab Emirates · Vendease, Rivy, Helium Health | 4 | 13 | Sep 2026 |
 DCGVenture capital · Busha, Anchor, Traction Apps | 4 | 9 | Oct 2026 |
 Target GlobalVenture capital · Germany · Indicina, Kuda, Mono Nigeria | 4 | 5 | Sep 2026 |
 Future AfricaAngel network · Nigeria · Spleet, Termii, STEMCafe | 4 | – | – |
 500 GlobalAccelerator · United States · Aella, Pgslotgameweb, EZ Farming | 3 | 35 | Oct 2026 |
 Entrée CapitalVenture capital · Israel · Kuda, Mono Nigeria, Casava | 3 | 12 | Sep 2026 |
 Global VenturesVenture capital · United Arab Emirates · Klasha, Helium Health, Remedial Health | 3 | 5 | Sep 2026 |
 Serena VenturesVenture capital · United States · Nestcoin, Beremarkable, Stears | 3 | 2 | Aug 2026 |
 Serena VenturesVenture capital · Nestcoin, Stears, Beremarkable | 3 | 2 | Aug 2026 |
 Sahel CapitalPrivate equity · Nigeria · TradeDepot, Winich Farms, Agriarche | 3 | – | – |
| OOutlierz VenturesVenture capital · Youverify, Traction Apps, Invest Bamboo | 3 | – | – |
 Insight PartnersVenture capital · United States · Class, Flutterwave | 2 | 83 | Oct 2026 |
 SeedcampAccelerator · United Kingdom · Klasha, Klump | 2 | 58 | Oct 2026 |
 Salesforce VenturesVenture capital · United States · Flutterwave, Class | 2 | 22 | Sep 2026 |
 Playfair CapitalVenture capital · United Kingdom · Rensource Energy, Sabi | 2 | 22 | Sep 2026 |
 GreycroftVenture capital · United States · Flutterwave, Invest Bamboo | 2 | 18 | Sep 2026 |
 Picus CapitalVenture capital · Germany · Reliance Health, Tizeti | 2 | 14 | Nov 2026 |
 Wayfinder VenturesVenture capital · Prospa Nigeria, Duplo | 2 | 9 | Oct 2026 |
 QED InvestorsVenture capital · United States · Raenest, Remedial Health | 2 | 7 | Sep 2026 |
 Owl VenturesVenture capital · United States · uLesson, Class | 2 | 6 | Sep 2026 |
 Loyal VCAccelerator · Pgslotgameweb, LaborHack | 2 | 6 | Sep 2026 |
 GFR FundVenture capital · United States · Chowdeck, Vendease | 2 | 4 | Jul 2026 |
The most backed startups in Nigeria
| Startup | Investors in this list |
|---|---|
 Flutterwave | 9 |
 Vendease | 7 |
 Nomba | 6 |
 Helium Health | 6 |
 Stears | 5 |
 Klasha | 5 |
 TradeDepot | 5 |
 Reliance Health | 5 |
 Termii | 5 |
 Remedial Health | 5 |
 Rise Africa | 4 |
 Kredete | 4 |
 Autochek | 4 |
 Chowdeck | 4 |
 Invest Bamboo | 4 |
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Tell us about your startup once: Alion matches it to the investors that back companies like it and tells you when a fund starts backing startups in Nigeria.
Questions
Who invests in startups in Nigeria?
47 investors back startups in Nigeria: funds, accelerators and angel networks with at least two portfolio companies there, 156 portfolio startups in all. The most active here are Techstars (40), Y Combinator (37) and Ventures Platform (30). 10 of them are accelerators.
How is this list built?
From what each investor holds: the portfolio page it publishes, the Y Combinator directory and the announced rounds that name it. An investor counts for Nigeria when at least two of its portfolio companies are based there; the list is rebuilt every night from 2,414 portfolios.
Source: investors' portfolio pages and announced rounds, 2,414 portfoliosUpdated 5 Nov 2026MethodologyJSONCC BY-SA 4.0