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Ingressive Capital

Venture capitaloperating company · company profile

Lagos · Pre-Seed–Seed · 2 people tracked

Also known as Ingressive Partners

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Investment thesis

Ingressive Capital backs pre-seed and seed-stage African technology startups, typically targeting around 10% ownership and investing up to $500k per company. The firm believes Africa is undergoing a tech renaissance with rapidly growing markets, resilient ecosystems, and strong innovation solving local problems with global potential. It points to Africa's expanding digital economy, a young and increasingly connected population, and supportive government policies in markets like Nigeria and Kenya as key drivers. Beyond capital, the firm actively partners with founders, offering operational expertise, introductions to clients and partners, recruitment help, and strategic advisory to help startups scale.

Source: firm website, verified Oct 3, 2026.

Stage
Pre-Seed–Seed
Check
$500K
HQ
Lagos, NG
Instruments
Equity
Founded
2017
Tracked investments
65
Acquisitions
3

Team · 2 people

from public directories
Bami Olajide· Associatein𝕏

What they invest in

from 36 of 65 portfolio companies

Fintech ×24SaaS ×13Enterprise Software ×8AI & Machine Learning ×5B2B Marketplaces ×4E-commerce ×4Logistics & Supply Chain ×4Cloud Computing ×3

HQs:Nigeria×16United States×4Egypt×2United Kingdom×2Ghana×2Colombia×1

Who they back

founder profiles across 20 portfolio companies
40%
solo founders
8 of 20 mapped founding teams
38%
repeat founders
of 24 founders with career history
~1.5 yrs
old at investment
median across 12 dated deals

Founding team size:solo founder×82 founders×63 founders×44+ founders×2

Where their founders studiedfrom 16 founders with education data

Obafemi Awolowo University ×3University of Benin ×3Harvard Business School Executive Education ×2Ladoke Akintola University of Technology ×2University of Ilorin, Nigeria ×2University of Lagos ×2

What their founders studiedfrom 21 founders with field-of-study data

Computer Science ×7Engineering ×6Business & Management ×4Medicine ×2

Where their founders worked beforefrom 24 founders with career history

Paystack ×3African Leadership Academy ×2Microsoft ×2

Accelerator rootsportfolio companies that came through a program

Y Combinator ×9Techstars ×6

1 hold an MBA (of 23 with degree data)

Investments · 65 tracked

founders shown can be your intro path

By year:2025 · 12024 · 22023 · 22022 · 62021 · 22020 · 12018 · 216 dated

54Gene54gene.comin𝕏Series ADefunct

54Gene conducts genomics research and provides related services to increase the representation of African genetic data in medical research, which aims to advance healthcare solutions globally.

HealthtechWellness & FitnessLagos, NG

Gatumi Aliyu(Founder)inAbasi Ene-Obong(CEO)inOgochukwu Francis Osifo(Founder)inDamilola Oni

Co-investorsAdjuvant CapitalBVP InvestorsEndeavor CatalystFifty YearsFuture AfricaKairos Angels+16 more

Bambooinvestbamboo.comin𝕏Seed

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

Co-investors2080 VenturesAjim CapitalExpansion Venture CapitalFuture AfricaGreycroftHoaQ+23 more

Bitnobbitnob.comin𝕏

Bitnob provides cross-border payment and money management tools that let individuals and businesses send, save, and manage money internationally, with a focus on financial inclusion across Africa and beyond.

Crypto & Web3Fintech

Co-investorsBrad MillsGaingelsHivemind Ventures, LlcKairos AngelsLightning VenturesLoftyInc Capital+4 more

Bridgecardbridgecard.cardsin𝕏Seed · May 2022Defunct

Bridgecard provides APIs and infrastructure that enable fintech companies to issue Mastercard and Visa cards, both virtual and physical, with support for deployments across Africa and globally.

FintechLagos, NG

Tunde Adewole(Founder)inFestus Owumi(Founder)in

Co-investorsVelocity DigitalY CombinatorAgrolimen VenturesBerrywood CapitalCresset CapitalPioneer+3 more

Carry1stcarry1st.comin𝕏

Carry1st provides payment processing, game distribution, and marketing services for publishers entering African and Middle Eastern markets.

B2B MarketplacesFintechGaming

Lucy Hoffman(Founder)inCordel Robbin-Coker(Founder)Tinotenda Mundangepfupfu(Founder)

Co-investorsBitkraft Esports VenturesSony Ventures CorporationAlumni VenturesAndreessen HorowitzAvenir Growth CapitalCapria Ventures+19 more

Complete Farmercompletefarmer.comin𝕏Oct 2023

Complete Farmer operates a technology platform for agriculture in Africa, using data and AI to connect and support farmers across the agricultural value chain.

AgTechAI & Machine LearningB2B MarketplacesFoodTechImpact & Social GoodLogistics & Supply ChainSan Francisco, GH

Desmond Koney(Founder)in

BoardAshwin Ravichandran(Director)Francis Owusu(Director)

Co-investorsAlitheia CapitalCeniarthGoodwell InvestmentsNewtown PartnersSahel CapitalVestedWorld+3 more

Epumpepump.africain𝕏

Epump is a cloud-based automation platform that helps fuel station owners in Nigeria monitor and manage their operations with real-time visibility into fuel sales, stock levels, and transactions.

Cloud ComputingEnergyEnterprise SoftwareIoTSaaSLagos, NG

Evolve Creditevolvecredit.coin𝕏Sep 2020

EvolveCredit publishes content focused on lending strategies, loan recovery, and loan collection for lenders.

Fintech

Daniel Osineye(Founder)in

Co-investorsFuture AfricaMicrotractionMAGIC FundSamurai Incubate

Fabconnectfabconnect.me

FabConnect offers an AI-driven CAD tool that turns plain-English descriptions and attached drawings into editable CAD geometry with manufacturability notes, letting users iteratively refine the same model.

Advanced ManufacturingAI & Machine LearningSaaS

Greygrey.coin𝕏Seed

Grey enables remote workers and freelancers to open foreign bank accounts and receive international payments in their local currency.

FintechSan Francisco, US

Idorenyin Obong(Founder)inWilliam Clark(Executive Officer, Director)Ziga Cerkovnik(Executive Officer, Director)Adriano Mungioli(Executive Officer, Director)Haydn Collard(Executive Officer, Director)Michael Ruddock(Executive Officer, Director)

Co-investorsSoma CapitalY CombinatorCresset CapitalHeirloomNiche CapitalVastly Valuable Ventures

Gwalagwala.coFeb 2023

Moroccan fintech offering earned wage access, letting employees draw already-earned pay before payday via employer partnerships.

Co-investorsMicrotractionPlug and Play Ventures

Healthtrackahealthtracka.comin𝕏Jun 2022

HealthTracka offers at-home and walk-in lab testing in Lagos, with a catalog of 500+ tests and packages, sample collection by phlebotomists, results delivered digitally within 48 hours, and free doctor consultations.

ConsumerDigital HealthHealthtechWellness & FitnessLagos, US

Ifeoluwa Dare-Johnson(Founder)

Co-investorsFirstCheck AfricaFlying Doctors Healthcare Investment CompanyHoaQStone Mountain VenturesTechstarsHustle Fund

Jetstreamjetstreamafrica.comin

Jetstream provides technology and monitoring services for physical goods trade in Africa, operating Jetfinance, a digital trade finance loan management platform connecting verified borrowers to lenders, and Jetvision, an AI-powered CCTV monitoring system for stock and site visibility.

AI & Machine LearningFintechLogistics & Supply Chain

Miishe Addy(Founder)Solomon Torgbor(Founder)

Co-investors4DX VenturesAlitheia CapitalMSA NovoOcterra CapitalThe MBA FundVestedWorld+1 more

Klastryklas.comin𝕏Feb 2024

Klas is an online teaching platform launched in 2022 that enables users to teach and deliver educational content over the internet.

Creator EconomyEdTechSaaSLagos, NG

Co-investorsHoaQTechstarsVelocity Digital

Lenco Technologieslenco.coin𝕏

Lenco provides multi-currency banking services to African businesses, enabling them to manage vendor payments, cross-border transactions, and access financing.

FintechLagos, NG

Andrew Airelobhegbe(Founder)inImpact Airelobhegbe(Founder)inGodstime Asine(Founder)inPraise Osagie(Founder)in

Co-investorsDG Daiwa VenturesFirst CircleFlucas VenturesKube VCLoftyInc CapitalPioneer+4 more

Masteryhivemasteryhive.ai

MasteryHive builds agentic AI software for financial institutions—microfinance banks, commercial banks, payment fintechs, and reinsurers—handling transaction reconciliation, fraud detection, and AML monitoring.

AI & Machine LearningCybersecurityFintech

Mecho Autotechmechoautotech.cominFeb 2022

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)inAyoola Akinkunmi(Founder)Matthew Ariyo(Founder)Segun Owoade(Founder)

Co-investorsAjim CapitalFuture AfricaGlobal BrainVentures PlatformY CombinatorCathexis Ventures+5 more

MNZLmnzl.coin

MNZL offers a mobile digital wallet in Egypt that lets people register assets such as real estate or vehicles and borrow against them, providing asset-backed consumer and mortgage financing.

FintechImpact & Social GoodPropTech

Sameh Saleh(Founder)Ahmed Eldessouky(Founder)Bassem El Shaer(Founder)

Co-investors500 GlobalEnza CapitalFirst CircleFund I, a series of Africa FinTech Collective, LPLocalGlobeP1 Ventures

Monomono.coin𝕏Series A · Oct 2021Acquired

Mono provides financial data access, identity verification, and direct bank payments for businesses in Africa through an open banking platform.

Data & InfrastructureEnterprise SoftwareFintechLagos, NG

Abdulhamid Hassan(Founder)inPrakhar Singh(Founder)in

Co-investorsY CombinatorCapria VenturesEntrée CapitalHoaQLateral CapitalLoftyInc Capital+8 more

Monomono.lain𝕏

Mono provides payment infrastructure for enterprises, including payouts, Bre-B transfers, branded wallets, and Visa cards through a single API integration.

Enterprise SoftwareFintechSaaSBogotá, CO

Sebastian Ortiz(CPTO · Cofounder)inJuan Camilo Poveda(CEO · Cofounder)inAbdul Hassan(Founder)Abdulhamid Hassan(Founder)inPrakhar Singh(Founder)inJose Tomas Lobo

Co-investorsY CombinatorTiger Global ManagementMagma PartnersAtlas VenturesBVCDVC+16 more

Motherbeingthisismotherbeing.com

Motherbeing is an Egyptian femtech startup offering women's sexual and reproductive health services in MENA via its Daleela app and a Cairo clinic, including AI health guidance and virtual/in-person consultations.

Co-investorsMadica

Nowlunnowlun.cominJun 2025

Nowlun is a digital freight forwarder offering online freight quote comparison, booking, and shipment tracking for businesses in the Middle East.

B2B MarketplacesLogistics & Supply ChainSaaS

Mahmoud Khaled(Founder)inMohamed BasuonyAhmed Emara(Founder)Moataz Khamis(Founder)

Co-investors500 GlobalA15MENANama Ventures

Nylabanknylabank.comin𝕏

NylaBank is a mobile banking app offering Shariah-compliant, Islamic finance products such as multi-currency accounts, interest-free credit cards, remittances, and Zakat contributions, based on profit-sharing rather than interest.

Fintech

OnePipeonepipe.ioin𝕏Nov 2021

OnePipe provides an API gateway that aggregates banking and fintech services into a single standardized integration point for fintechs and banks seeking to expand partnerships and reduce integration overhead.

FintechSaaSLagos, NG

Ope Adeoye(Founder & CEO)in

Co-investorsAtlantica VenturesCapria VenturesDFS Lab FrontierFund I, a series of Africa FinTech Collective, LPFuture Perfect VenturesLoftyInc Capital+10 more

Ozegetoze.comin𝕏

Oze provides small business owners in Africa with tools for financial record-keeping, payment processing, and access to affordable capital through a single integrated platform.

Enterprise SoftwareFintechSaaSLagos, NG

Co-investorsAfricInvestBand of AngelsRising Tide Africa (RTA)Saviu VenturesSpeedinvest

Paystackpaystack.comin𝕏Seed · Aug 2018Acquired

Paystack provides payment processing services that allow businesses in Africa to accept credit card, debit card, bank transfer, and mobile money transactions through their websites and applications.

FintechLagos, NG

Shola Akinlade(CEO)inEzra Olubi(CTO)inOlusola Akinlade(Executive Officer, Director)Achille AROUKO(Team Lead)inAbdulhamid Hassan(Product Manager)inEmmanuel Quartey(Head, Growth)

Co-investorsBlue Haven InitiativeVentures PlatformY CombinatorBEENEXTBlue Rinc CapitalComcast Ventures+6 more

Remedial Healthremedial.healthin𝕏Seed · Feb 2022

Remedial Health provides a software platform for pharmaceutical procurement, inventory management, and financing to healthcare providers and small businesses in Africa.

E-commerceEnterprise SoftwareFintechHealthtechSaaSLagos, NG

Samuel Okwuada(Founder)inVictor Benjamin(Founder)in

Co-investorsAlumni VenturesCapria VenturesCathexis VenturesGrant Park VenturesQED InvestorsVentures Platform+13 more

Rendarenda.coin𝕏May 2024

Renda provides technology solutions for logistics and mobility businesses operating in emerging markets, enabling operational optimization and expansion across Africa, including Nigeria, Kenya, Uganda, Rwanda, and Tanzania.

B2B MarketplacesLogistics & Supply ChainMobility & TransportationSaaSLagos, NG

Damilola Owoeye(SVP, Fulfilment & Value-Added Services)in

Co-investorsFounders Factory AfricaReflect VenturesTechstarsMAGIC FundVastly Valuable Ventures

Rendarenda.fi

Renda is a goods rental service aimed at travelers, letting customers browse and rent items such as strollers, child car seats, monitors, rollators, and cleaning machines.

E-commerceMarketplacesTravel & HospitalityFuengirola, ES

Bimbo Onaboye(Founder)Kristina Hamara(Founder)Michaela Hamara(Founder)Ope Onaboye(Founder)Saana Kauppi(Founder)

Co-investorsTechstars

Seamless HRseamlesshr.comin𝕏

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(Founder)inDeji Lana(Founder)in

Co-investorsArgonautic VenturesCapria VenturesConsonance Investment ManagersEnza CapitalHelios Digital VenturesLateral Capital+5 more

Sendme, Incsendme.ngin𝕏SeedDefunct

Sendme delivers fresh meat to households and food businesses via WhatsApp ordering, with fulfillment within three hours.

AI & Machine LearningConsumerE-commerceFoodTechIbadan, NG

Daniel Afolayan(Founder)in

Co-investorsVentures PlatformY CombinatorCresset CapitalGoodwater CapitalMyAsiaVCNiche Capital+4 more

SimbaPaysimbapay.comin

FintechLondon, GB

Co-investorsTechstarsTomorrow Today AS

Startbuttonstartbutton.africain𝕏

Startbutton provides expansion infrastructure and an all-in-one API for digital businesses to sell software and digital products across African markets, handling local payment methods and multi-currency collections.

Enterprise SoftwareFintechSaaS

Kelechi Oti(Founder)in

Co-investorsDigital Currency GroupFund I, a series of Africa FinTech Collective, LPMusha Ventures

Subsbasesubsbase.comin𝕏Aug 2022

Subsbase is a subscription management platform that helps subscription-based businesses handle and optimize their recurring revenue streams, with integrations to support scaling.

Enterprise SoftwareFintechSaaS

Mohamed Farag(Founder)Sherif Aziz(Founder)in

Co-investorsArzan VCCapria VenturesCedar Mundi VenturesFalak StartupsP1 VenturesPlug and Play Ventures+4 more

Surge Africasurgeafrica.co

Surge Africa is a mobile payments app that enables African businesses and MSMEs to send international payments to suppliers within 24 hours at low fees and competitive exchange rates.

FintechWilmington, US

Co-investorsTechstars

Swipe Technologiesgetswipe.comSeed · Jan 2022

Swipe Technologies operates Float, a cross-border business payment platform, and Accounteer, a cloud-based accounting and bookkeeping service for companies and independent professionals.

FintechLondon, GB

Jesse Ahin(Founder)

Co-investorsMorph CapitalPassion CapitalY CombinatorAdesegun Sun BasorunAsymmetry VenturesHorizon+8 more

Tizetitizeti.comin𝕏Jul 2018

Tizeti Network Africa is an internet service provider offering affordable unlimited internet across Africa through a network of owned and operated solar-powered towers.

CleantechCloud ComputingConsumerEnergyEnterprise SoftwareLagos, NG

Kendall Ananyi(Founder)inIfeanyi Okonkwo(Co \u0026 Chief Operating Officer)inNG Kendall Ananyi(Founder)

BoardWalter Baddoo(Director)in

Co-investors4DX VenturesEmles Venture PartnersMAVA VenturesPICUS CAPITALVentures PlatformWestern Technology Investment+13 more

Woodcorewoodcore.coin𝕏

Woodcore is a cloud-native, microservices-based core banking SaaS platform that lets banks and financial institutions build and manage financial products, process transactions, and integrate third-party services through a web console and an API library.

Cloud ComputingFintechSaaS

Toyin Olasehinde(Founder)in

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

AfropolitanAlvinBambooFintechEvolveFarmerFloatFuelmetricsGaming CompleteGampGreyFintechHealth NowlunHealthtrackHR RemedialInsurtech StartbuttonLencoLogistics SehatechMechoMerchant of RecordOrda AfricaReasySavaSeamlessSehatechSehateghSendSixthSproutly

Exits · 3

3 acquisitions · showing 1

Orda Africaacq. by Moniepoint

Portfolio news

latest coverage across their companies
OWO: Send Money from WhatsApp Instantly

Mono · ycombinator.com · Jun 24, 2025

Frequently asked questions

How many investments has Ingressive Capital made?
Ingressive Capital has 65 tracked investments, 3 of which have exited, including 1 dated in the last 24 months.
What stage does Ingressive Capital invest at?
Ingressive Capital invests at the Pre-Seed, Seed stages.
What is Ingressive Capital's typical check size?
Ingressive Capital typically writes checks of $500K.
What sectors does Ingressive Capital focus on?
Ingressive Capital focuses on AgTech, Fintech, Sector Agnostic, Wellness & Fitness.
Where is Ingressive Capital located?
Ingressive Capital is headquartered in Lagos, NG.
Does Ingressive Capital lead rounds?
Ingressive Capital has led 5 of the 15 rounds where its role is on record.
Who does Ingressive Capital co-invest with?
Ingressive Capital most often shares deals with Y Combinator, Ventures Platform, Capria Ventures, among 99 tracked co-investors.

From the blog

visit blog ↗

Ingressive Capital's recent reports document African startup funding dynamics in early 2026, tracking monthly volatility from March's geopolitical disruptions and deal-count lows through April's extreme top-ten concentration to May's recovery in deal volume and headline capital. AI summary

Media · Podcasts & interviews

featuring the team

Maya Horgan Famodu on Early-Stage Tech and Big Impact

Mission Matters Money with Adam Torres · Maya Horgan Famodu

Maya Horgan Famodu debunks the myths about Venture ...

Ventures Africa · Maya Horgan Famodu · facebook.com

Ep . 009 | Navigating Venture Capital with Maya Horgan Famodu

Azuwa Studios (fka Smart Money Arese) · Maya Horgan Famodu

Africa Tech: Monthly Market Trends with Maya Horgan Famodu – July Edition

Ingressive Capital

Africa's Tech Funding, and Macro-economic Trends

Ingressive Capital

October's Market Trends Call

Ingressive Capital

Images

Ingressive Capital photoIngressive Capital photo

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