Ebene · Pre-Seed–Late Stage · 8 people tracked
Investment thesis
Consonance focuses on advancing Africa's prosperity by partnering with early and growth-stage entrepreneurs to build enduring companies on the continent. The firm positions itself as a hands-on, indigenous investor that supports portfolio companies with governance guidance, introductions to customers and follow-on investors, community-building among founders, and strategic advice through scaling. It has backed businesses in marketplaces, platforms, supply chains, HR software, food, and financial services, often as a first institutional or seed investor and sometimes providing debt financing alongside equity.
Source: firm website, verified Aug 3, 2026.
Team · 8 people
from the firm's website
What they invest in
from 30 of 63 portfolio companiesFintech ×15SaaS ×14B2B Marketplaces ×6Impact & Social Good ×6AI & Machine Learning ×5Enterprise Software ×4Logistics & Supply Chain ×4Consumer ×3
HQs:Nigeria×11United States×3United Kingdom×2Ghana×2South Africa×2Ethiopia×1
Who they back
founder profiles across 12 portfolio companiesFounding team size:solo founder×52 founders×64+ founders×1
Accelerator rootsportfolio companies that came through a program
Investments · 63 tracked
founders shown can be your intro pathVerifyMe is a Nigerian company that provides identity verification and background checks, founded after its founder's family was harmed by an employee using a false identity.
CybersecurityFintechSaaSRochester, US
Norman A Gardner(Director)Olutunji OluwoleThatham Vasan(Executive Officer)Patrick White(Executive Officer, Director)
BoardMarshall Geller(Director)Claudio R Ballard(Director)
AFEX facilitates capital flows for commodity traders, processors, and manufacturers through financial instruments including repos, asset-backed commercial paper, and trade finance notes.
AgTechB2B MarketplacesFintech
Co-investorsShell Foundation
Africa Foresight Group (AFG) connects homegrown African companies with local talent and consultants to support private-sector growth across the continent.
B2B MarketplacesFuture of WorkImpact & Social Good
Yasmin Kumi(Founder)
Co-investorsMetis Capital
ANKA is an e-commerce platform for African entrepreneurs to sell products and services worldwide, offering an online shop, cross-border payment collection (Mobile Money, Visa, Mastercard, bank transfer), and international shipping with customs management.
E-commerceFintechLogistics & Supply Chain
Co-investorsRising Tide Africa (RTA)Saviu VenturesProparco
Betastore runs a business-to-business marketplace in Nigeria that links informal retailers to wholesalers and manufacturers.
B2B MarketplacesConsumerRetail Tech
Leo Armel TchoudjangSteve Dakayi-Kamga
Co-investors500 GlobalBeta.VenturesLoyal VCVestedWorld
Food company that raised funding with Consonance's support.
Built Financial Technologies builds digital infrastructure and financial tools—including online accounting, microcredit, virtual cards and accounts—to help SMEs launch, run and grow their businesses.
Enterprise SoftwareFintechSaaSAccra, GH
Co-investorsOrange Corners Africa
Check is a full-service technology and design agency that provides brand strategy, digital product design and development, and brand identity work for client companies.
Creator EconomyMarketing Tech
Co-investorsOui Capital
Curacel builds insurance infrastructure and distribution technology to provide risk protection for people in emerging markets who lack access to traditional insurance products.
AI & Machine LearningFintechInsurTechSaaSLondon, GB
Henry Mascot(Founder)inJohn Flash Dada(Founder)in
Co-investorsAAF Management Ltd.Atlantica VenturesCapria VenturesCo-Creation Hub (CcHUB)ElefundOlive Tree Capital+1 more
FACTOReX is a cloud-based supply chain finance marketplace connecting SMEs, large corporates, banks and other financiers, offering tools such as receivable financing, supplier and contract finance, procurement management, and supplier verification.
B2B MarketplacesFintechImpact & Social Good
AkongCuan is an online gambling/slot-game information site presenting RTP data, game categories, and details on features, volatility, payout patterns, and promotions for Pragmatic Play slots.
Gaming
Co-investorsLoftyInc CapitalCollide Capital
Gebeya provides an AI platform with proprietary data and language models to enable intelligent automation for independent professionals and businesses across Africa.
AI & Machine LearningEdTechSaaSAddis Ababa, ET
Co-investorsInclusion Japan
Co-investorsBackstage CapitalFuture Africa
Intelligra operates a smartphone financing platform in Africa that connects device OEMs, financiers, and mobile network operators to give underserved consumers access to affordable smartphones.
ConsumerFintechImpact & Social GoodMobility & Transportation
Co-investorsKuramo Capital ManagementOui Capital
Co-investorsBeta.VenturesDigital Currency GroupFirstCheck AfricaTLcom Capital
Lami provides a digital platform that enables insurance agents in sub-Saharan Africa to access quotes, connect with customers, and manage sales.
FintechImpact & Social GoodInsurTechSaaS
Jihan(Founder & CEO)Roy(Co-Founder & CFO)
Co-investorsA15AccionChui VenturesP1 VenturesNewtown Partners
Lifestores operates a network of community pharmacies and health programs in Nigeria, partnering with manufacturers and distributors to provide affordable quality medicines and healthcare services to consumers.
B2B MarketplacesDigital HealthHealthtechRetail TechLagos, NG
MDaaS builds digital health infrastructure and services for healthcare providers across Africa.
Digital HealthHealthtechLogistics & Supply ChainMarketing TechSaaSBoston, US
Oluwasoga Oni(Executive Officer, Director)Genevieve Barnard Oni(Founder)inJoe McCord(Founder)in
BoardMobolaji Adeoye(Director)
Co-investorsFINCA VenturesNewtown PartnersTechstarsAruwa CapitalVentures Platform
Co-investorsR/GA Ventures
NG Clearing operates as a Central Counterparty (CCP) providing clearing, collateral management, and risk management services for derivative trades and multiple asset classes.
Fintech
Farooq Oreagba(Managing Director / CEO)
Co-investorsNigeria Sovereign Investment Authority
Digital platform to launch and expand a business into every African country.
Co-investorsHoaQMicrotractionVentures Platform
OnePort 365 is a digital freight forwarding and logistics platform that connects businesses, suppliers, and carriers on a single digital ecosystem.
Logistics & Supply ChainSaaSOgun State, NG
Co-investorsDFS LabFlexportSaviu Ventures
Pezesha operates a digital financial infrastructure platform and marketplace that connects small and medium-sized businesses with working capital by matching them to banks, MFIs, and other financial institutions.
AI & Machine LearningB2B MarketplacesFintechImpact & Social Good
Hilda Moraa(CEO)
Plural is an AI-powered policy intelligence platform that helps enterprises and organizations track, summarize, and analyze state and federal legislation.
AI & Machine LearningGovTechSaaS
Damola Ogundipe(CEO & Co-Founder)in
Co-investorsBread And Butter Ventures, LlcFf Venture CapitalTech Square Ventures
Norebase provides business incorporation, trademark registration, and regulatory compliance services for companies expanding across Africa, the USA, UK, BVI, and parts of Europe.
FintechLegalTechSaaSBodmin, GB
Temitope Obanla(Founder)Tope O(Founder)
Co-investorsHoaQLoftyInc CapitalMicrotractionVentures Platform
Releaf builds tools to enhance climate resilience for smallholder farmers in Africa, drawing on expertise in supply chain management, agronomy, and agricultural technology.
AgTechCircular EconomyClimate TechImpact & Social Good
Co-investorsAngaza CapitalFINCA VenturesFlori Ventures
Seamless HR provides financial solutions for employees, including earned wage access, term loans, and salary advances, delivered as workplace benefits to enhance employee retention and financial wellbeing.
FintechFuture of WorkHR TechSaaSLagos, NG
Emmanuel Okeleji(CEO & Co-Founder)Deji Lana(CTO & Co-Founder)in
Co-investorsArgonautic VenturesCapria VenturesEnza CapitalHelios Digital VenturesIngressive CapitalLateral Capital+5 more
Semicolon provides technology training for individuals seeking to become tech professionals, and offers talent placement, employee upskilling, and digital transformation advisory services to businesses across Africa.
Developer ToolsEdTechEnterprise SoftwareLagos, NG
Co-investorsLaunch Africa Ventures
Shuttlers provides transportation and shuttle bus services for commuters.
Logistics & Supply ChainMobility & Transportation
Co-investorsVestedWorldVKAV (Verod-Kepple Africa Ventures)
A SaaS platform offering digital customs clearing, forwarding, and supply chain services to facilitate trade across Africa.
Co-investorsBackstage Capital
Sugar builds software to help residential communities strengthen their internal relationships and member engagement.
ConsumerPropTechSaaS
Co-investorsDorm RoomMetaPropMetaProp Ventures
Talamus provides a practice management suite designed for healthcare facilities including clinics, hospitals, and pharmacies.
Digital HealthHealthtechSaaSLagos, NG
Co-investorsExpert DOJO
Company built in partnership with Consonance from inception.
Towntalk Solutions uses localized data and machine learning to provide predictive analytics, real-time monitoring, and fraud detection tools for businesses and governments operating in Africa.
AI & Machine LearningData & InfrastructureGovTechInsurTechClaymont, US
Folake Edun (née Fajemirokun)(Founder)in
Co-investorsTechstars
Traction is a payments and business management platform offering point-of-sale terminals and software tools for merchants to accept payments, manage inventory, send invoices, and access CRM functionality.
Enterprise SoftwareFintechSaaSLagos, NG
'Mayowa Alli(Founder)in
Co-investorsDigital Currency GroupFirst CircleMetis CapitalVentures Platform
Exits · 1
IPOs and acquisitions across the tracked portfolioVerifyMeNASDAQ: VRME
Portfolio news
latest coverage across their companies
Pezesha · techmoran.com · Aug 25, 2026
Curacel · techtimes.com · Jul 16, 2026
Frequently asked questions
- How many investments has Consonance Investment Managers made?
- Consonance Investment Managers has 63 tracked investments.
- What stage does Consonance Investment Managers invest at?
- Consonance Investment Managers invests at the Pre-Seed, Seed, Series A, Growth, Late Stage stages.
- What sectors does Consonance Investment Managers focus on?
- Consonance Investment Managers focuses on AgTech, B2B Marketplaces, Fintech, FoodTech, HR Tech, Impact & Social Good, Logistics & Supply Chain, Sector Agnostic.
- Where is Consonance Investment Managers located?
- Consonance Investment Managers is headquartered in Ebene, MU.
- Does Consonance Investment Managers lead rounds?
- Yes, Consonance Investment Managers leads investment rounds.
- Who does Consonance Investment Managers co-invest with?
- Consonance Investment Managers most often shares deals with Backstage Capital, Digital Currency Group, LoftyInc Capital, among 51 tracked co-investors.
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