Verod Capital Management
Private equityLagos · Seed–Late Stage · 16 people tracked
Investment thesis
Verod is a leading African investment firm. Through its private equity arm it invests between US$15 million and US$30 million in businesses operating across a range of sectors on the continent. Alongside the PE firm, it manages Verod-Kepple Africa Ventures, a venture capital fund that allocates between $250,000 and $7.5 million to technology startups in fintech, logistics, healthtech, edtech, and software across Africa.
Source: firm website, verified Aug 25, 2026.
Team · 16 people
from the firm's website & curatedWhat they invest in
from 2 of 3 portfolio companiesFintech ×2SaaS ×2B2B Marketplaces ×1E-commerce ×1Enterprise Software ×1Hardware ×1Healthtech ×1HR Tech ×1
HQs:Nigeria×2
Investments · 3 tracked
founders shown can be your intro pathMoniepoint provides banking, payments, credit, and cross-border payment services along with business management tools for African businesses and individuals, with a focus on MSMEs.
Enterprise SoftwareFintechSaaS
Co-investorsCapria VenturesDevelopment Partners InternationalNew VoicesOui CapitalQED InvestorsInternational Finance Corporation+4 more
Co-investorsAlloy LabsFundación Chile
Workpay provides HR and payroll management software for small-to-medium-sized businesses across Africa, covering employee lifecycle processes including onboarding, attendance, payroll, performance management, and offboarding.
B2B MarketplacesE-commerceFintechHardwareHealthtechHR TechLogistics & Supply ChainMobility & TransportationSaaSLagos, NG
Spencer Horne(CEO)Doaa Ibrahim Mahmoud Aref(CEO and Co-founder)Anton Erasmus(Chief Engineer)Mbali Gushu(COO)
Co-investorsAcadian Ventures Management, LlcNorrsken22Saviu VenturesY Combinator
Portfolio news
latest coverage across their companiesMoniepoint · thesaasnews.com · Jul 28, 2026
Frequently asked questions
- What stage does Verod Capital Management invest at?
- Verod Capital Management invests at the Seed, Series A, Series B, Growth, Late Stage stages.
- What is Verod Capital Management's typical check size?
- Verod Capital Management typically writes checks of $15M – $30M.
- What sectors does Verod Capital Management focus on?
- Verod Capital Management focuses on Advanced Manufacturing, Consumer, EdTech, Fintech, Healthtech, Logistics & Supply Chain, SaaS.
- Where is Verod Capital Management located?
- Verod Capital Management is headquartered in Lagos, NG.
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