What stage does CardinalStone Partners invest at?

CardinalStone Partners invests at the Seed stage.

What sectors does CardinalStone Partners focus on?

CardinalStone Partners focuses on Enterprise Software, Healthtech.

Where is CardinalStone Partners located?

CardinalStone Partners is headquartered in Lagos, NG.

CardinalStone Partners

Institutional investor

Lagos · Seed · 7 people tracked

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Investment thesis

CardinalStone operates as an independent, multi-asset investment management firm of African origin, aiming to be a world-class investment banking firm and the most trusted long-term advisor and financier to its clients. Its services span seven divisions: investment banking, asset management, securities trading, trust services, registrar services, financing, and pension management. The firm serves a diverse base of institutional, high net worth, and retail clients, delivering bespoke, tailored financial solutions. Its stated values emphasize excellence, customer-centricity, innovation, trust, and entrepreneurship.

Invests inEnterprise Software Healthtech Africa Lagos Nigeria

Source: firm website, verified Oct 3, 2026.

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Stage

Seed

Lagos, NG

Instruments

Equity · Debt

Founded

2008

Tracked investments

Team · 7 people

from the firm's website

Femi Ogunjimi· Non-Executive Director

A founding partner of CardinalStone and Managing Partner of its private equity affiliate, CardinalStone Capital Advisers. He was previously VP in Goldman Sachs' Investment Banking Division in New York and a Senior Associate at PwC. He holds a Wharton MBA.

Michael Nzewi· Managing Director/CEO

A founding partner of CardinalStone and Managing Director since January 2017. He previously was a Director in the Capital Markets Division of Standard Chartered Bank in London and Head of Corporate Finance at Vetiva Capital Management. He holds an Oxford MBA and is an ICAN associate.

Mohammed Garuba· Non-Executive Director

A co-founder of CardinalStone. He previously served as Director of Equity Securities at Renaissance Capital and MD of Zenith Securities, and began his career in asset management at IBTC. He holds an MBA from London Business School.

Yomi Jemibewon· Non-Executive Director

A founding partner of CardinalStone and Managing Partner of CardinalStone Capital Advisers. He was previously VP of Financial Advisory at Avante Capital and worked at Bain & Company in New York. He holds engineering degrees from Virginia Tech and a Wharton MBA.

Elile Olutimayin· Executive Director

Group Executive Director overseeing the Asset Management, Securities Trading and Trustees businesses. She was previously MD/CEO of CardinalStone Securities and worked at Investment One and Kakawa Asset Management. She holds an INSEAD MBA and is a fellow of the Chartered Institute of Stockbrokers.

Callistus N.C. Nweke· Non-Executive Director

Founder and Chairman of Chizzy Nigeria Limited, a chemicals and technical support company serving the paints and inks industry. He has over 45 years of industry experience in the UK and Nigeria and chairs Nri Microfinance Bank in Anambra State.

Fola Adeola· Chairman of the Board

Chairman of the Board and founder/chairman of FATE Foundation. He co-founded Guaranty Trust Bank, serving as its pioneer MD/CEO for 12 years, and has chaired Nigeria's Pension Reform Committee and National Pension Commission. He chairs MainOne Cable, Allianz Insurance Plc and Lotus Capital.

What they invest in

from 2 of 2 portfolio companies

AI & Machine Learning ×1Biotech ×1Enterprise Software ×1Healthtech ×1Logistics & Supply Chain ×1Medical Devices ×1

HQs:Ghana×1Nigeria×1

Investments · 2 tracked

founders shown can be your intro path

Kobo360kobo360.com in 𝕏SeedDefunct

Kobo360 operates a platform connecting manufacturers and cargo owners with truck operators for freight movement across Africa, using data analytics and AI to optimize routing, reduce delivery inefficiencies, and provide supply chain visibility.

Enterprise SoftwareLogistics & Supply ChainLagos, NG

Ife Oyedele II(Founder)inObi Ozor(Founder)inOzor Obiora Mathias(Executive Officer, Director)Dr. Obi Ozor(Founder)in Olusegun Owoade(Chief Risk Officer)in

BoardOlawale Ayeni(Director)

Co-investorsAsia Africa Investment & Consulting (AAIC)Future Africa The Raba Partnership TLcom Capital V8 Capital Partners Western Technology Investment +8 more

Yemaachi Biotechnologyyemaachi.com in 𝕏Seed

Yemaachi creates a diverse cancer bio-database to develop oncology drugs effective across diverse patient populations.

AI & Machine LearningBiotechHealthtechMedical DevicesAccra, GH

Yaw Bediako(Founder)in Yaw Attua-Afari(Founder)in David Hutchful(Founder)inJoyce Ngoi(Founder)in

Co-investorsLoftyInc Capital Y Combinator Asia Africa Investment & Consulting (AAIC)First Circle Point Reyes Management Village Seed Ventures Limited +4 more

Frequently asked questions

What stage does CardinalStone Partners invest at?: CardinalStone Partners invests at the Seed stage.
What sectors does CardinalStone Partners focus on?: CardinalStone Partners focuses on Enterprise Software, Healthtech.
Where is CardinalStone Partners located?: CardinalStone Partners is headquartered in Lagos, NG.

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