HoaQ
Angel networkPre-Seed–Growth · 11 people tracked
Investment thesis
HoaQ focuses on identifying and partnering with founders building technology-driven solutions for challenges and opportunities in Africa and its Diaspora. Its mission is to support entrepreneurs leveraging technology to build economic infrastructure for Africa and Africans. The firm operates as a community of experienced operators, advisors, and investors who work closely with portfolio companies, offering strategic guidance, industry connections, and ongoing support to drive growth. It also positions itself as a gateway for investors seeking exposure to the African tech landscape, enabling them to connect with founders and make strategic investment choices.
Source: firm website, verified Aug 3, 2026.
Team · 11 people
from the firm's website & public directoriesWhat they invest in
from 24 of 50 portfolio companiesFintech ×14SaaS ×5Data & Infrastructure ×4Enterprise Software ×4B2B Marketplaces ×3Consumer ×3Marketplaces ×3Developer Tools ×2
HQs:Nigeria×10United States×3United Kingdom×2France×1Kenya×1South Africa×1
Investments · 50 tracked
founders shown can be your intro pathHealthtech company based in Nigeria
Apata provides 3D Secure payment authentication and fraud detection solutions for online payment processing.
CybersecurityFintech
Fintech company based in the United Kingdom
Fintech company based in the United Kingdom
Platform that digitizes long-distance transport operators and connects them to travellers for online ticket booking.
Chowdeck is a food delivery platform in Africa that connects customers with restaurants and delivery riders.
B2B MarketplacesConsumerFoodTechLogistics & Supply ChainMarketplacesLA, NG
Femi Aluko(Founder)inOlumide Ojo(Founder)inLanre Yusuf(Founder)in
BoardBrian Waswani Odhiambo(Director)
Eversend provides infrastructure for cross-border payouts that allows companies to fund disbursements using stablecoins (USDC or USDT) instead of traditional SWIFT transfers, settling in minutes while maintaining compatibility with existing payout workflows across 16 local currencies.
Crypto & Web3Data & InfrastructureFintechInsurTechParis, FR
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)
Thymia builds AI models that assess mental health conditions by combining voice, video, and behavioral data for a multi-modal evaluation.
AI & Machine LearningDigital HealthFuture of WorkMental HealthSaaS
HealthTracka provides at-home and walk-in laboratory testing services with over 500 tests available, offering sample collection, fast results delivery, and free doctor consultations.
Digital HealthHealthtechMedical DevicesWellness & FitnessLagos, US
Edtech company based in the United Kingdom
Kyshi is a Merchant of Record platform that enables global businesses to accept payments and expand into African markets using local currencies and payment methods across countries like South Africa, Nigeria, Ghana, Kenya, and Côte d'Ivoire.
B2B MarketplacesFintechLogistics & Supply ChainLondon, GB
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
Regtech company based in Nigeria
Payhippo offers fast lending to small businesses across Africa, with particular focus on Nigeria.
FintechLagos, NG
Zach Bijesse(Founder)inChioma Okotcha(Founder)in
Fintech company based in Cameroon
E-commerce company based in the United States
Fintech company based in Nigeria
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
SaaS company based in Tanzania
Termii provides infrastructure that uses AI to ensure critical transactions—including authentication, payments, checkouts, and fraud notifications—complete successfully, serving banks, fintech companies, e-commerce platforms, and other digital services globally.
Data & InfrastructureDeveloper ToolsEnterprise SoftwareLagos, NG
Emmanuel Gbolade(Founder)inAyomide Awe(Founder)in
The Renatural sells premium wigs designed to look and feel like natural hair, available in three textures and multiple tones.
ConsumerDirect to ConsumerE-commerce
Logistics company based in the United States
Portfolio news
latest coverage across their companiesChowdeck · thesun.ng · Jul 17, 2026
LemFi · finsmes.com · Jul 7, 2026
Raenest · technext24.com · Jun 30, 2026
Rayda · techpoint.africa · Sep 17, 2025
Tembo · anbpost.substack.com · Sep 17, 2025
Mono · ycombinator.com · Jun 24, 2025
Termii · ycombinator.com · Jun 18, 2025
Payhippo · dabafinance.com · Mar 28, 2025
Frequently asked questions
- What stage does HoaQ invest at?
- HoaQ invests at the Pre-Seed, Seed, Series A, Series B, Series C, Growth stages.
- What is HoaQ's typical check size?
- HoaQ typically writes checks of $25K – $350K.
- What sectors does HoaQ focus on?
- HoaQ focuses on Crypto & Web3, Sector Agnostic.
Media · Podcasts & interviews
featuring the teamTHE ACCIDENTAL INVESTOR: Turning 400 Euros into 3.5 Million - Joe Kinvi | HoaQ
My Tech Story Africa · Joe Kinvi
Joe Kinvi, Founder of PLTM, Cofounder HOAQ, Top African Angel Investing Syndicate #FoundersConnect
Peace Itimi · Joe Kinvi
HoaQ AMA Edition on Market Sizing with Stephen Deng & Nubi Kay
HoaQ Club · Nubi Kay
What People Get Wrong About Building African Tech Infrastructure | HoaQ AMA
HoaQ Club
How AI Businesses Can Work in Africa | April AMA Session
HoaQ Club
The Capital Gap: Who Gets Funded and Why - March AMA Session
HoaQ Club
Similar investors
AirTree Ventures runs the Pioneers community, a program supporting women and gender-diverse operators, founders and aspiring founders working in high-growth startups, offering mentorship, events and access to the AirTree team.
Sequoia Capital is a venture capital firm that partners with founders to build technology companies, with a strong current focus on artificial intelligence.
Spark Capital is a venture capital firm that backs founders across technology and consumer companies; it notably led Twitter's Series B in 2008.
ANRI is a Japanese venture capital fund led by founder-GP Anri Samata that takes a high-maintenance seed strategy, aiming to own around 25% at exit by starting with roughly 10% at seed and actively working with founders on legal, IP, team building, PR, and marketing. The fund is unusually aggressive in backing deep-tech and university-origin seed startups, deliberately stepping into the valley of death between research grants and Series A where few Japanese funds will take risk on unproven tech commercialization.
MIRAISE is a Japan-based venture capital firm that backs engineer-founders, providing technical, operational and PR support to its portfolio companies.
















