LoftyInc Capital Management

Venture Capital Lagos 106104, Nigeria ·Founded 2017

Overview

LoftyInc Capital Management is a prominent venture capital firm dedicated to supporting early-stage African startups. With over a decade of experience, the firm has invested in numerous companies across sectors such as financial services, technology, healthcare, logistics, retail, climate, deep tech, artificial intelligence, agriculture, energy, education, infrastructure, media, telecommunications, and consumer goods. Their portfolio includes notable startups like Flutterwave, Andela, Wave Mobile Money, OmniRetail, RelianceHealth, Thndr, and Moove. The firm's investment strategy focuses on identifying and nurturing high-potential startups in Nigeria, Egypt, Kenya, and Francophone Africa. LoftyInc Capital Management's approach combines financial support with operational expertise, assisting founders in navigating challenges, securing strategic partnerships, and accelerating market expansion. This comprehensive support aims to bridge the gap between early traction and scalable growth for startups. LoftyInc Capital Management has demonstrated a strong track record, achieving 14 successful exits and delivering significant returns to its investors. The firm's leadership team, including Managing Partner Idris Ayodeji Bello, who has invested in over 100 startups across 25 markets, brings decades of investment experience and operational expertise to the table. Their commitment to fostering innovation and entrepreneurship has played a pivotal role in shaping Africa's tech ecosystem.

Investment Focus

  • Technology-enabled companies
  • Seed to Series A stage
  • Focus on building Africa's digital infrastructure
  • Operating in sectors like financial services, retail enablement, logistics, healthcare, climate tech, and artificial intelligence
  • Tech-enabled solutions for the 'everyday economy'
  • Innovative business models
  • Scalable growth potential
  • Strong management teams
  • Alignment with LoftyInc's strategic focus areas

Portfolio Companies

MooveFlutterwaveAndelaThndrWave Mobile MoneyOmniRetailRelianceHealth

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Frequently asked questions about LoftyInc Capital Management

What sectors does LoftyInc Capital Management invest in?

LoftyInc Capital Management invests in Financial Services, Technology, Healthcare, Energy, Consumer Goods and Infrastructure, and is based in Lagos 106104, Nigeria. LoftyInc Capital Management is listed as a venture capital in the ConnectSafely investor database.

What stage does LoftyInc Capital Management invest at?

LoftyInc Capital Management backs companies at Seed, Early Stage, Series A, Series B, Growth and Late Stage, writing cheques of 1M - 5M.

Which regions does LoftyInc Capital Management invest in?

LoftyInc Capital Management invests across Singapore, Ghana, Kenya, Egypt, Tunisia and Morocco.

Who are the partners at LoftyInc Capital Management?

Team members listed for LoftyInc Capital Management include Lydia Idem (Chief Operating Officer) and Kevin Simmons (General Partner - Alpha Fund).

What companies has LoftyInc Capital Management invested in?

LoftyInc Capital Management's portfolio includes Moove, Flutterwave, Andela, Thndr, Wave Mobile Money, OmniRetail and RelianceHealth.

How do I contact LoftyInc Capital Management?

LoftyInc Capital Management's contact details — including LinkedIn — are listed in the ConnectSafely investor database, along with its website and the LinkedIn profiles of its partners.

Last updated · Source: ConnectSafely investor database