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PressOne Africa
Techstars '23Wilmington, US · 4 known investors
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PressOne Africa provides a business phone software solution that enables African entrepreneurs and small businesses to manage customer communication through a single professional phone number, replacing personal lines used for business purposes.
Also known as PressOne
Founders & leadership
Investors · 4
How we know: the Techstars portfolio · open dataset · Top 3000 Accelerator Startups (no YC) 2026-08 · Not right? Tell us
How we know: funding news · research · techinafrica.com · Not right? Tell us
Also in the syndicate · 1
Funding
SEC filings, press & company announcements$600K disclosed across 1 of 2 rounds · 2023
- $600Kpre-seed roundFeb 2023 · 4 sources
Ventures Platform (lead), angel investors, Voltron Capital
Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
Company profile
researched Sep 2026PressOne Africa is a voice communication company that supplies cloud-based business phone systems to entrepreneurs and small and medium-sized businesses. Its platform provides a business phone number that can be shared across a team, so that several staff members can receive calls simultaneously on the same number from multiple devices, along with call management, call recording, notes, follow-up and reporting features accessible from a computer or mobile device [0][4][5]. The product addresses a situation in which small business owners use personal SIM-based numbers for business and also buy SIM cards for employees, leaving owners without visibility into employee-customer conversations, past conversation records, or a central dashboard of team interactions [4][5].
Company categories associated with PressOne include B2B, business information systems and telecommunications, with services spanning business and central phone numbers, employee closed user groups, customer retention, small business phone systems and Voice over IP [2]. Third-party listings also classify the company under CRM, VOIP and information services [3].
Founding story
PressOne was founded by Mayowa Okegbenle and Opeyemi Shokunbi. Before PressOne, Okegbenle co-founded Klein Devort with Shola Akinlade; their flagship product, Precurio, was an internal business collaboration tool launched in 2008, sold in seven languages and used by businesses globally. Shokunbi spent over a decade at Nestlé, where he built and maintained IT infrastructure and served as Technology Operations Lead, before leaving to start PressOne [0][4]. Okegbenle serves as CEO and Shokunbi as CTO [4][5].
Business model
PressOne sells a subscription software service to business owners: customers buy business phone numbers for themselves and their employees and access call monitoring, recording and reporting through the PressOne app on desktop and mobile. Subscriptions are advertised as starting at ₦1,499 per month [4][5].
Recurring monthly subscriptions, with entry pricing quoted at ₦1,499 per month [4][5].
Traction
The beta launched in June 2022 with hundreds of participating entrepreneurs [1][4][5]. The company is listed at a staff size of 11-50 employees [2].
Latest developments
In February 2023 PressOne Africa announced a $600,000 pre-seed round led by Ventures Platform, with participation from Voltron Capital and angel investors [1][4][5].
▸Full profile — market position, technology, go-to-market, geography, history
Market position
PressOne positions itself as bringing to entrepreneurs a category of cloud phone system previously accessible mainly to large companies; press coverage compares the model to developed-market players such as Aircall, which raised a $120 million Series D in June 2021, while noting the open question of whether such systems work in developing markets like Nigeria [0][4].
The company targets small businesses rather than enterprises, requires no setup by the customer, and offers a low entry price point, combining a shared business number with owner-level visibility into every employee-customer call [0][4].
Technology
A cloud-based, Voice over IP phone system delivered through desktop and mobile applications. One business number can be shared with team members, with simultaneous inbound calls across multiple devices and locations, plus call recording and monitoring for quality assurance [2][4][5]. Coverage links the timing of the product to improving bandwidth quality in Nigeria and to the demonstrated viability of internet-based calling in the market [0][4].
Go-to-market
Self-service onboarding via the company website with low-priced monthly subscriptions; the product was introduced through a beta programme in June 2022 involving hundreds of entrepreneurs who contributed feedback before the wider launch [1][4][5].
Entrepreneurs and small and medium-sized businesses, particularly B2C operators whose businesses receive high volumes of customer calls and who otherwise rely on personal SIM-based lines for business communication [0][4].
Geography
Listed locations include Wilmington, Delaware, USA, and Lagos and Lekki in Nigeria [2][3]; the product and its pricing are aimed at the Nigerian market [4][5].
History
The company was founded in 2021 [2]. It launched a beta version of its phone system in June 2022 with hundreds of entrepreneurs taking part [4][5], and announced the close of a $600,000 pre-seed round in February 2023 led by Ventures Platform with participation from Voltron Capital and angel investors [1][4][5].
Compiled by commissioned research from 6 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Related companies · 3
Companies working in the same space as PressOne Africa.
Timeline · 2
launches, deals, and filingsPre-seed round of $600,000 led by Ventures Platform with participation from Voltron Capital and angel investors.
$600K source ↗
PressOne launched its beta, with hundreds of entrepreneurs participating in the beta programme to improve the product.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
▸Research sources · 6
primary sources listed
- PressOne Africa has completed a $600,000 pre-seed round. - Tech In Africatechinafrica.com · web
6 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does PressOne Africa do?
- Nigerian cloud business phone system that lets entrepreneurs share one number and monitor staff calls with customers.
- Who founded PressOne Africa?
- PressOne Africa was founded by Mayowa Okegbenle.
- Who are PressOne Africa's investors?
- PressOne Africa's investors include Techstars, Ventures Platform, Voltron Capital.
- How much funding has PressOne Africa raised?
- PressOne Africa has disclosed $600K raised across 1 of its 2 known rounds.
- Where is PressOne Africa headquartered?
- PressOne Africa is headquartered in Wilmington, US.