Ajim Capital
Venture capitalLagos · Pre-Seed–Seed · 1 people tracked
Investment thesis
Ajim Capital backs pre-seed and seed technology companies building Africa's core infrastructure, viewing the continent's economic momentum, young demographics, and digital transformation as a rare window for venture-scale returns. Rather than asking whether a model will work in Africa, the firm studies 300+ proven business models from China, India, and Latin America that navigated similar infrastructure gaps and mobile-first markets, using them as benchmarks to identify which are ready to be built locally. It starts with sector market maps to find high-conviction entry points before consensus, evaluating each deal on traction, distribution wedge, unit economics, and founder-market fit. The firm writes first checks, offers direct founder access, and opens a continent-wide network post-investment.
Source: firm website, verified Aug 17, 2026.
Team · 1 people
from the firm's website
What they invest in
from 24 of 32 portfolio companiesFintech ×16SaaS ×11Enterprise Software ×8AI & Machine Learning ×5HR Tech ×2Marketing Tech ×2Marketplaces ×2Mobility & Transportation ×2
HQs:Nigeria×10United States×3Kenya×2South Africa×2Côte d’Ivoire×1France×1
Who they back
founder profiles across 11 portfolio companiesFounding team size:solo founder×52 founders×43 founders×14+ founders×1
Where their founders worked beforefrom 11 founders with career history
OPay ×2TradeBuza ×2
Accelerator rootsportfolio companies that came through a program
Investments · 32 tracked
founders shown can be your intro path
Autospend issues scoped, single-use virtual cards to autonomous agents, each with its own policy, daily limits, and exposure ceilings.
AI & Machine LearningEnterprise SoftwareFintech
PartnerEunice Ajim· solo GP
Bamboo is an investment platform that enables users in Africa to invest in U.S. stocks, ETFs, real estate investment trusts, and other asset classes with minimum investments starting at $10.
FintechLagos, NG
Richmond Bassey(Founder)inYanmo Omorogbe(Founder)in
PartnerEunice Ajim· solo GP
Co-investors2080 VenturesExpansion Venture CapitalGreycroftHoaQIngressive CapitalMotley Fool Ventures+7 more
Pluto provides WhatsApp-based API solutions that enable businesses to automate customer interactions, handle transactions, and send communications through WhatsApp.
AI & Machine LearningFintechMarketing TechSaaSNairobi, KE
PartnerEunice Ajim· solo GP
Co-investorsTechstars
Clafiya provides primary healthcare services and Health Savings Accounts (HSAs) to individuals, families, and businesses in Nigeria, operating a care clinic, virtual consultations, and wellness marketplace.
FintechHealthtechInsurTechWellness & FitnessLagos, NG
PartnerEunice Ajim· solo GP
Co-investorsMicrotractionTechstarsHustle Fund
Daba Finance operates an educational investing glossary providing definitions and explanations of common investment terms and financial concepts.
B2B MarketplacesFintechSaaSAbidjan, CI
Anthony MicletinBoum III Jr.
PartnerEunice Ajim· solo GP
Co-investorsNOEMIS Ventures
Dojah provides end-to-end customer onboarding and identity verification services for businesses operating in Africa.
AI & Machine LearningCybersecurityData & InfrastructureEnterprise SoftwareFintechSaaSLagos, NG
Tobi Ololade(Founder)inAyomide Oso(Founder)in
PartnerEunice Ajim· solo GP
Co-investorsY Combinator
PartnerEunice Ajim· solo GP
Eazipay provides payroll processing and payment automation infrastructure for African businesses, with tools for salary distribution, tax handling, and regulatory compliance.
FintechLagos, NG
Asher Adeniyi(Founder)in
PartnerEunice Ajim· solo GP
Co-investorsY Combinator
Ebanqo builds an omnichannel customer engagement platform that enables businesses to interact with customers and deliver services across web and messaging channels using AI-powered capabilities.
AI & Machine LearningEnterprise SoftwareSaaS
Charles Ifedi(Founder)in
PartnerEunice Ajim· solo GP
Co-investorsBeta.VenturesLoftyInc CapitalEchoVC PartnersVentures Platform
PartnerEunice Ajim· solo GP
Co-investorsEnza CapitalExpert DOJOLoftyInc CapitalMAGIC FundMusha Ventures
Rivy is a climate finance company providing inventory, asset, and micro-grid financing to expand access to clean energy in Nigeria.
CleantechClimate TechFintechAba, NG
Chioma Okotcha-Faloughi(Chief Operating Officer)Dami Olawoye(Chief Executive Officer)
PartnerEunice Ajim· solo GP
Co-investorsBeta.VenturesHoaQSouth QuadAll OnEchoVCMetis Capital+1 more
Flex Finance provides a spend management platform that enables businesses to manage spending across mobile, web, and corporate cards in Africa.
Enterprise SoftwareFintechSaaS
ANTHONY ADEGBEMIAbiodun KoladeOmoyeni O'Tochukwu OnuchukwuYemi Olulana
PartnerEunice Ajim· solo GP
Co-investors500 GlobalBoro CapitalChui VenturesExpert DOJOLoftyInc CapitalAccion
LemFi provides financial services for immigrants relocating globally, enabling them to move money and access financial products across borders.
FintechLondon, GB
Ridwan Olalere(Founder)inRian Cochran(Founder)in
PartnerEunice Ajim· solo GP
Co-investorsEndeavor CatalystFlucas VenturesHighland EuropeHoaQLeft Lane CapitalMicrotraction+5 more
PartnerEunice Ajim· solo GP
Co-investorsAdaverseFounders Factory AfricaFresco CapitalHoaQNairobi Business Angel Network
Mecho Autotech operates a mobile app and network of verified mechanics and parts suppliers that connects vehicle owners in Africa with maintenance and repair services, offering an alternative to expensive branded garages and unvetted roadside mechanics.</description> </invoke>
Advanced ManufacturingE-commerceMarketplacesMobility & TransportationLagos, NG
Olusegun Owoade(Founder)in
PartnerEunice Ajim· solo GP
Co-investorsGlobal BrainIngressive CapitalY CombinatorCathexis VenturesFuture AfricaVentures Platform
Mira is a cloud-based point-of-sale system designed for restaurants, bars, and hospitality venues of any size.
Enterprise SoftwareSaaS
PartnerEunice Ajim· solo GP
Co-investorsMicrotraction
Moneco is a financial app providing international accounts and payment services for Africans, enabling transactions, international money transfers, and card payments.
FintechParis, FR
Shams Radjabaly(Founder)inBilal Dahlab(Founder)inKuassi Jimmy Kumako(Founder)in
PartnerEunice Ajim· solo GP
Co-investorsY Combinator
FintechNew Castle, US
PartnerEunice Ajim· solo GP
Co-investorsTechstarsVentures Platform
Payroll and HR infrastructure for African businesses — salary disbursement and compliance made effortless.
PartnerEunice Ajim· solo GP
Payroll and HR infrastructure for African businesses — salary disbursement and compliance made effortless.
PartnerEunice Ajim· solo GP
PipeOps is a cloud deployment and infrastructure management platform that automates DevOps workflows, letting engineering teams provision servers on AWS, GCP, or Azure and deploy apps, databases, and services without writing infrastructure code.
Cloud ComputingDeveloper ToolsSaaSLekki, NG
PartnerEunice Ajim· solo GP
Co-investorsTechstars
Modern point-of-sale for restaurants and retail — bringing smart payments infrastructure to Africa's merchants.
PartnerEunice Ajim· solo GP
Raenest provides financial infrastructure and payment solutions to enable individuals and businesses in emerging economies to participate in global finance.
FintechHR TechLagos, NG
Victor AladeRichard Oyome(Founder)inSodruldeen MustaphaSodruldeen M.(Founder)in
PartnerEunice Ajim· solo GP
Co-investorsHoaQNorrsken22QED InvestorsTechstarsTen13Ventures Platform+2 more
Revwit is a B2B Sales CRM designed for startups and service-based companies that combines sales management software with expert advisory services.
Enterprise SoftwareSaaSSales Tech
PartnerEunice Ajim· solo GP
Co-investorsVelocity Digital
Spleet is a residential marketplace that offers short-term rental accommodation and housing solutions in Africa.
MarketplacesPropTech
Daniella Ajala(CEO/ Co-founder)Michael Owolabi(CTO)
PartnerEunice Ajim· solo GP
Co-investorsFuture AfricaHoaQMaC Venture CapitalMetaPropMetaProp VenturesNOEMIS Ventures
Star Kitchens Group builds Orda, a cloud-based restaurant operating system and ePos for African food businesses.
Walnut, US
PartnerEunice Ajim· solo GP
Co-investorsEnza CapitalLoftyInc CapitalMicrotractionQuona CapitalTechstarsDFS Lab+1 more
TalentQL operates a group of technology brands that connect global businesses with vetted talent through recruitment, team outsourcing, and education, along with a payment service (TalentPay) for paying contractors across Africa.
EdTechFuture of WorkHR TechRound Rock, US
PartnerEunice Ajim· solo GP
Co-investorsLoftyInc CapitalTechstarsVelocity DigitalZedcrest Capital
Tembo provides payment infrastructure APIs and banking services for fintechs, platforms, merchants, and enterprises to collect, store, and move money across African markets.
Enterprise SoftwareFintechSaaS
PartnerEunice Ajim· solo GP
Co-investorsHoaQIncisive VenturesMicrotractionGoodwater Capital
truQ provides tools for commercial logistics fleet operators and drivers to log trips, receive faster payment, access financing, and get discounts on operational expenses.
FintechLogistics & Supply ChainMobility & TransportationLagos, NG
PartnerEunice Ajim· solo GP
Co-investorsExpert DOJOTechstars
Tyms builds software to help businesses save time and money through time and money management.
Enterprise SoftwareFintechSaaS
PartnerEunice Ajim· solo GP
PartnerEunice Ajim· solo GP
Tappi provides AI-powered reputation and loyalty platform tools for businesses, helping them turn customer interactions and payments data into insights, reviews, and revenue growth.
AI & Machine LearningMarketing TechSaaSNairobi, KE
PartnerEunice Ajim· solo GP
Co-investorsAcasia VenturesDigital Currency GroupMaC Venture CapitalWestbound Equity PartnersChui VenturesgrowX Ventures+5 more
Portfolio news
latest coverage across their companiesDaba Finance · allafrica.com · Jul 17, 2026
Mira · x.com · Jul 16, 2026
LemFi · finsmes.com · Jul 7, 2026
Raenest · technext24.com · Jun 30, 2026
truQ · techpoint.africa · May 13, 2026
PipeOps · techmoran.com · Mar 23, 2026
AutoSpend · techmoran.com · Mar 23, 2026
Tyms · castleplacement.com · Dec 3, 2025
Frequently asked questions
- How many investments has Ajim Capital made?
- Ajim Capital has 32 tracked investments.
- What stage does Ajim Capital invest at?
- Ajim Capital invests at the Pre-Seed, Seed stages.
- What is Ajim Capital's typical check size?
- Ajim Capital typically writes checks of $250K – $500K.
- What sectors does Ajim Capital focus on?
- Ajim Capital focuses on AI & Machine Learning, E-commerce, Fintech, Healthtech, HR Tech, Logistics & Supply Chain, Marketplaces, Mobility & Transportation, PropTech, SaaS, Sector Agnostic.
- Where is Ajim Capital located?
- Ajim Capital is headquartered in Lagos, ZA.
- Does Ajim Capital lead rounds?
- Yes, Ajim Capital leads investment rounds.
- Who does Ajim Capital co-invest with?
- Ajim Capital most often shares deals with Techstars, HoaQ, Y Combinator, among 46 tracked co-investors.
Media · Podcasts & interviews
featuring the teamBefore Launching Ajim Capital | Eunice Ajim
Ajim Capital · Eunice Ajim
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