Fundraising Fox

Velocity Digital

Venture capital

Lagos · Pre-Seed–Seed · 5 people tracked

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Investment thesis

Velocity Digital invests early in African startups building the future of trade, work, and payments. The firm views trade as a core engine of economic growth and funds platforms that connect producers to markets while removing barriers to economic mobility. It backs founders at the earliest stages, offering capital, mentorship, and a network designed to help companies scale across Africa and internationally. The fund emphasizes a fast, streamlined process, promising founders a clear decision within seven days rather than weeks.

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Seed
HQ
Lagos, NG
Instruments
Equity
Tracked investments
78

Team · 5 people

from the firm's website
Michael Serwadda· Managing Partnerin
Ona Aliakai· Due Diligence Leadin

What they invest in

from 40 of 78 portfolio companies

Fintech ×18SaaS ×13AI & Machine Learning ×5Data & Infrastructure ×5Enterprise Software ×5Marketplaces ×5B2B Marketplaces ×4Creator Economy ×4

HQs:Nigeria×15United States×5Kenya×2Rwanda×1Seychelles×1

Investments · 78 tracked

founders shown can be your intro path
Africaafrica.com
Archer

Technology platform enhancing operational efficiency, precision and performance across industries.

Archerprotectarcherprotect.com
B54b54.co
Babyboomafricababyboomafrica.com
Bankwisebankwise.africa
Bitpowrbitpowr.comin𝕏

Bitpowr provides digital asset custody and wallet infrastructure, offering APIs and developer tools for institutions and developers to create and manage secure wallets across 15 blockchains and over 2000 assets.

Crypto & Web3Data & InfrastructureFintech

Bridgecardbridgecard.cardsin𝕏

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

Brijdatingbrijdating.com
Catlogcatlog.shopin𝕏

Catlog provides a platform that enables small businesses in Africa to manage social commerce operations, including online catalogs, customer communications, payments, deliveries, and business tracking through WhatsApp and other social channels.

E-commerceFintechMarketing TechMarketplacesSaaSLagos, NG

CDCAREcdcare.ngin𝕏

CDcare is a Nigerian installment payment platform enabling consumers to purchase goods across multiple categories—including gadgets, home appliances, and vehicles—by paying in interest-free installments at regular market prices.

B2B MarketplacesConsumerE-commerceFintechLagos, NG

Odukoya Oluwatobi(Founder and Chief Executive Officer)Farohun Ayodeji(Co-founder and Chief Operation Officer)

Chowdeckchowdeck.comin𝕏Jul 2025

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)

Cynogroupcynogroup.comin

Cyno Group is a media and communications agency offering content creation, professional writing, digital media strategy, social media marketing, and reputation management services.

B2B MarketplacesMarketing TechMedia & Entertainment

Earnaearna.ai
ESG Reportfillout.comin𝕏
Fenrismediafenrismedia.co

Fenris Media develops technology solutions for African businesses, including digital payments and content distribution infrastructure.

Creator EconomyFintechMedia & Entertainment

FIGORRfigorr.comin
Fingo Africafingo.africain𝕏

Fingo is a digital bank offering mobile banking services to young Africans, enabling account opening in under 5 minutes with free peer-to-peer transactions, savings, and financial education.

FintechNairobi, KE

Kiiru Muhoya(Founder)inIan Njuguna(Founder)inGitari Tirima(Founder)inJames da Costa(Co-founder)Judith BogonkoPol Mas

Fusepayfusepay.appin𝕏

Fusepay builds software and payments tools for trade businesses, including Fuse360, a wholesale operating system for managing orders, inventory, invoices, and collections, and FusePay, a payments platform for sending, receiving, and tracking business payments via bank transfers and post-dated eCheques.

AI & Machine LearningFintechSaaSVictoria, SC

Vidhyasahar(Co-founder)Francesco(Co-founder)

Getdaabogetdaabo.com

Daabo is an AI-powered insurance infrastructure platform offering device verification, vehicle fingerprinting, policy lifecycle automation, agent management, document data extraction, and claims processing in a single system.

AI & Machine LearningInsurTechSaaS

Getflickgetflick.co
GLYCANAGE Biological age testingglycanage.comin

GlycanAge offers an at-home biological age test that analyzes IgG glycan patterns to measure chronic inflammation ("inflammaging") and its effect on aging.

BiotechDigital HealthLongevity

Gokadagokada.ng

Hopewell Jct., US

Fahim Saleh(Executive Officer, Director)

Gradientfigradientfi.comin𝕏

Gradient Finance builds programmable financial infrastructure for marketplaces, offering embedded finance and cross-border payment tools that handle multiple currencies including cash, stablecoins, crypto, and NFTs.

Crypto & Web3FintechMarketplaces

Grip

Technology-driven solutions to streamline operations and enhance productivity for businesses and individuals.

Groupifygroupify.co𝕏

Groupify is a platform for creating and managing paid communities on WhatsApp and Telegram, handling group invites, member management, and payment collection.

Creator EconomyFintechSaaS

Infuissinfuiss.com
Jompstartjompstart.com
Kidatokidato.comin𝕏

Kidato operates online classes for K-12 students in Africa with lower student-teacher ratios than traditional public schools, charging significantly less than private institutions while delivering internationally-benchmarked curricula.

EdTechNairobi, KE

Sam Gichuru(Founder)in

Klastryklas.comin𝕏

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

Creator EconomyEdTechSaaSLagos, NG

Logisticshublogisticshub.ng

LogisticsHub provides a delivery management platform for businesses to schedule deliveries, access a network of riders, and track shipments in real time.

Logistics & Supply ChainMobility & TransportationSaaS

Loomoloomo.africa

The page promotes "SX88", an online gambling and betting platform offering casino, sports betting, lottery, cockfighting, fish shooting, card games, and slots.

Gaming

Mainstackmainstack.com
Miaplenoumiaplenou.com
Midenmiden.coin𝕏

Miden builds modern payments infrastructure for businesses across Africa and beyond, offering compliant cross-border money movement and embedded banking solutions.

Data & InfrastructureFintechIkeja, NG

Okiemute Avworhokai(Founder)inIni Udoh(Founder)in

Mustardinsightsmustardinsights.comin𝕏

Mustard Insights builds a repository of African market data, offering infographics, datasets, industry reports, and surveys across sectors in Nigeria, Ghana, Kenya, and South Africa.

Data & InfrastructureMedia & Entertainment

Nestworknestwork.io
Nguvuhealthnguvuhealth.com

Nguvu Health is a mental health platform that connects individuals and businesses with therapy and mental wellness support.

Digital HealthMental HealthWellness & Fitness

Nipplyeatsnipplyeats.com
Octamileoctamile.comin𝕏

Octamile provides digital insurance management infrastructure and embedded insurance APIs that let insurers, fintechs, logistics firms, and other B2C platforms distribute insurance, automate claims (including First Notification of Loss, remote inspections, and fraud detection), and onboard agents and clients with KYC.

FintechInsurTechSaaS

Onspaceonspace.ai𝕏

OnSpace is a no-code AI app builder that lets users create mobile and web applications with a managed backend (database, authentication, edge functions, logs) and built-in Stripe payment integration.

AI & Machine LearningCreator EconomyDeveloper Tools

Oystr Financeoystrfinance.comin

Data & InfrastructureFintechLekki, NG

Prembly (formerly Identitypass)prembly.comin𝕏

Prembly provides an API that enables digital businesses to verify the identities of individuals and companies across emerging market regions.

Data & InfrastructureEnterprise SoftwareLagos, NG

Lanre Ogungbe(Founder)inNiyi Adegboye(Founder)in

Propelpropel.io
Raydarayda.coin𝕏

Rayda provides end-to-end device procurement, deployment, management, and lifecycle services for IT teams managing distributed workforces globally.

Developer ToolsEnterprise SoftwareFuture of WorkHR TechLewes, US

Rd8Labsrd8labs.com

RD8 Labs develops personalized, high-performance skincare and cosmetic products formulated for people with skin of colour and designed to withstand hot, humid African climates.

ConsumerDirect to ConsumerWellness & Fitness

Rechajrechaj.co

Rechaj retrofits petrol tricycles (kekes) into electric vehicles and provides a daily battery-swap service, letting drivers replace fuel with a flat daily fee while using the batteries to power their homes at night.

CleantechEnergyMobility & TransportationLagos, NG

Revwitrevwit.comin

Revwit is a B2B Sales CRM designed for startups and service-based companies that combines sales management software with expert advisory services.

Enterprise SoftwareSaaSSales Tech

Rivyrivy.coin𝕏

Rivy provides financing infrastructure and credit tools to make clean energy affordable and accessible, serving business owners, homeowners, micro-grid contractors, and solar vendors/installers.

CleantechEnergyFintech

Sendchampsendchamp.comin𝕏

Sendchamp provides a multichannel messaging platform that lets businesses send and receive communications across SMS, email, voice, and WhatsApp for customer onboarding, engagement, support, and retention.

Developer ToolsMarketing TechSaaS

Sidebriefsidebrief.comin𝕏

Sidebrief is a platform that enables business incorporation and compliance management across African markets, offering company registration, tax filing, licenses, and ongoing regulatory support.

Enterprise SoftwareGovTechLegalTechMiddletown, US

Siovalleysiovalley.tech
SixAI

AI-driven startup delivering machine learning, NLP and predictive analytics solutions for businesses.

Sixhqsixhq.ai𝕏
Spottrspottr.app
Sproutlysproutly.africa

Sproutly Africa provides financial services for schools and families, including tuition installment payments with credit options, school funding tools, and laptop financing for teachers.

EdTechFintech

Staarmstaarm.com
Stacsstacs.co

Fintech and blockchain company digitizing and automating financial processes for institutions and enterprises.

Stewardtechnologiesstewardtechnologies.com
TalentQLtalentql.comin

HR TechRound Rock, US

Portfolio news

latest coverage across their companies

Frequently asked questions

What stage does Velocity Digital invest at?
Velocity Digital invests at the Pre-Seed, Seed stages.
What sectors does Velocity Digital focus on?
Velocity Digital focuses on B2B Marketplaces, Fintech, Future of Work, Marketplaces, Sector Agnostic.
Where is Velocity Digital located?
Velocity Digital is headquartered in Lagos, NG.

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