Rivy
Nigeria, NG · Founded 2019 · 62 employees on LinkedIn · 10 known investors
Find your way into Rivy
82 people in our graph share verified history with the Rivy team — schools, employers, funds. One of them is your warm intro.
Alexander Stevensunlockedknows Dami Olawoye · together at University of Liverpool (overlapped)
×11knows the team · via University of Liverpool
Rivy provides financing for solar energy systems to homeowners, businesses, and solar retailers in Nigeria, enabling affordable access to clean energy through fast approvals and flexible repayment terms.
Founders & leadership
Rivy was founded in 2019 by Dami Olawoye and Chioma Okotcha-Faloughi.
DO
Dami OlawoyeinChief Executive OfficerDami Olawoye is CEO of Rivy, which provides financing for solar energy systems to homeowners, businesses, and solar retailers in Nigeria. He has over 20 years of experience in lending and private equity.
CO
Chioma Okotcha-FaloughiChief Operating Officer
Investors · 10
Mercy Corps Ventures
Ten13Fortitude Valley · $300K – $2M
Velocity DigitalLagos
Ventures PlatformAbuja · $50K – $1M
All Onreported
DFS LabreportedParis · $50K – $1M
EchoVCreportedPort Louis
Also in the syndicate · 3
African Business Angel Network (ABAN)EchoVC EcoShell’s All Onlead
Funding
SEC filings, press & company announcements$4M disclosed across 1 of 2 rounds · 2025
- Undisclosed amountpre-Series AApr 2025
EchoVC (lead), Shell’s All On (lead), African Business Angel Network (ABAN)
Source ↗ - $4Mpre-Series AMar 2025 · 4 sources
EchoVC (lead), Shell’s All On (lead), All On, EchoVC Eco
Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
In the news
Frequently asked questions
- What does Rivy do?
- Rivy provides financing for solar energy systems to homeowners, businesses, and solar retailers in Nigeria, enabling affordable access to clean energy through fast approvals and flexible repayment terms.
- Who founded Rivy?
- Rivy was founded by Dami Olawoye, Chioma Okotcha-Faloughi in 2019.
- Who are Rivy's investors?
- Rivy's investors include Mercy Corps Ventures, Ten13, Velocity Digital, Ventures Platform, All On, DFS Lab, EchoVC.
- How much funding has Rivy raised?
- Rivy has disclosed $4M raised across 1 of its 2 known rounds.
- Where is Rivy headquartered?
- Rivy is headquartered in Nigeria, NG.