Fundraising FoxBold Angel Fund
Angel networkLagos · Pre-Seed–Seed
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Investment thesis
Bold Angel Fund aims to address the imbalance in African startup funding, where less than a fifth of capital invested in African startups originates from Africa. Structured as a no-fee, closed, syndicated fund, its members pay an annual investment ticket that is pooled and allocated to qualifying startups. BAF invests in high-growth African ventures across all sectors at the pre-seed and seed stages, seeking to bridge the gap between entrepreneurs and capital on the continent.
Source: firm website, verified Aug 3, 2026.
What they invest in
from 2 of 2 portfolio companiesFintech ×2Healthtech ×1InsurTech ×1Wellness & Fitness ×1
HQs:Nigeria×2
Investments · 2 tracked
founders shown can be your intro path
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
Itoro Inoyo(Founder)Jennie Nwokoye(Founder)
Co-investorsAjim CapitalMicrotractionTechstarsHoaQHustle FundNorrsken Accelerator+1 more
Pivo provides bank accounts, debit cards, and digital invoicing tools to truck owners and drivers in Africa, with plans to expand into credit and expense management products.
FintechLagos, NG
Ijeoma Akwiwu(COO)inIjeoma Akwiwu Nkiru Amadi-Emina(Founder)Ijeoma Jacquelyn(Founder)Nkiru Amadi-Emina(President)
Co-investorsFirstCheck AfricaRising Tide Africa (RTA)Sprint VcVentures PlatformVestedWorldY Combinator+13 more
Frequently asked questions
- What stage does Bold Angel Fund invest at?
- Bold Angel Fund invests at the Pre-Seed, Seed stages.
- What is Bold Angel Fund's typical check size?
- Bold Angel Fund typically writes checks of $5K – $50K.
- What sectors does Bold Angel Fund focus on?
- Bold Angel Fund focuses on Sector Agnostic.
- Where is Bold Angel Fund located?
- Bold Angel Fund is headquartered in Lagos, NG.
Images
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