If you are looking for the top Startup Angel Investor platforms in Nigeria, you are in the right place. Read along and share with a colleague.
According to studies, most (more than 80%) start-up enterprises fail in their first year due to a lack of capital to continue their project. Money is a company’s lifeblood. It is not enough to have the best business concept. Sufficient money is the fuel required for the long trip from a simple company idea to a profitable enterprise.
Angel investor platforms are companies controlled by people or groups that try to support enterprises with financing by investing in them. These have been big fundraisers for firms in their early stages. They make investments in businesses in return for a share in the business or all of the company’s ownership. With funding being a major difficulty for most Nigerian businesses, angel investors appear to be the best choice.
Related:
10 Best Venture Capital Corporations in Nigeria
Top Investment Apps in Nigeria (Android and iOS)
Banks With The Best Domiciliary Account Services In Nigeria
Are you in desperate need of capital for your new venture? Or are you looking for investors to help you grow your business? The following is a list of the 10 top angel investor platforms in Nigeria to which you can apply.
Contents
List of the Top 10 Best Angel Investor platforms in Nigeria
Below are the best Angel Investor platforms in Nigeria
1. LeadPath Nigeria
LeadPath Nigeria is a seed capital fund that provides short, medium, and long-term funding to small and medium-sized startup businesses in the technology field. It was established in 2014 by Olumide Soyombo to empower startups to become prominent businesses in the market. They focus only on technology entrepreneurs with extraordinary ideas to solve real problems.
LeadPath Nigeria’s average investments range from $25,000 – $100,000 as seed investments before following up with several millions of dollars in funding. They also provide these startup businesses with the required mentorship opportunities and access to a conducive environment. It has TeamApt, Piggy Vest, and PushCV, among others, in its portfolio.
2. Growth Capital Fund
Growth Capital Fund is the first Nigerian social innovation fund to develop a unique path to scale for outliers driving social change in Nigeria. They primarily support and fund high-potential entrepreneurs and startup businesses that aim to use technology to build the next generation of infrastructure.
The organization has top investors who bring their wealth of experience and resources and network together to assist startup businesses in navigating their path to phenomenal growth.
Their investors include CcHUB, Bank of Industry, Omidyar Network, and Venture Garden Group.
3. Microtraction
Microtraction was founded by Yele Bademosi in Lagos. Its aim is to help startup businesses with the required capital and also render mentorship services for them. The organization comprises angel investors seeking to identify potential startups that thrive well and raise funds for them.
They also focus heavily on technology entrepreneurs who aim to build high-growth, technology-driven businesses and invest a minimum of $100,000 with them.
Moreso, they introduce startups to later-stage investors and help them navigate the process of raising larger funding rounds for their business. They are open for applications all through the year. They have invested in various startups in Nigeria, some of which are: Wallet.ng, Cowrywise, BuyCoins, RIBY, and Thank-U-Cash, among others.
4. Funded
This network creates a platform that gives you a primary source for angel investors for your business and has been in operation for over 13 years. Funded is an organization that provides a platform for startups, already existing businesses, and entrepreneurs with innovative ideas that need fundraising and connects them with funding sources.
Many entrepreneurs have been beneficiaries of the platform created by funded.com to build and establish their businesses by finding the right investors over the years. They also help people develop professional business plans.
Aside from the growing list of reliable angel investors, it also has an excellent customer service team for advice and assistance.
5. Lagos Angel Network (LAN)
Lagos Angel Network is one of Nigeria’s and Africa’s most active angel networks. LAN is a non-profit company that invests in early-stage enterprises in Lagos, Ibadan, and Abeokuta. LAN is a network of business angels who invest in companies and build a mentoring program for them.
Since its inception in 2014, they have invested in several new enterprises, mostly in Nigeria’s western area. They have the majority of the top Nigerian investors on board, as well as solid ties with foreign organizations.
6. GreenTree Investment Company
GreenTree Investment Company was founded in 2014, aiming to provide business startups with a platform that rapidly grows their businesses by providing the required funding. They invest in passionate entrepreneurs with innovative ideas.
They also assist them in implementing a bulletproof corporate governance framework to ensure the sustainability of such a business. In addition, they build tools to help you make profitable business decisions.
GreenTree Investment Company leverages its extensive collective expertise to help startup businesses they invest in grow and stay dedicated to their growth.
7. African business angel network (ABAN)
ABAN is an all-African association established in 2015. It is a non-profit angel investment network that offers support for startup businesses and helps them navigate their path to phenomenal growth.
They provide human and financial capital to African startups through a growing number of angel investor groups and networks across the continent. They invest over $100 million yearly in African startups.
8. Angel investment network
Angel investment network is a global network of investors that started in the United Kingdom. It currently has 30 branches and is in operation in over 80 countries of the world. They provide a platform for startups looking for investors to promote their businesses and those looking for valuable investments to meet.
Investors provide the necessary funds, and the right contact for the business needs to be phenomenal and outstanding. They also provide mentorship to startups and supply them with the knowledge required to help them succeed.
9. Gust
Gust is a global platform for funding, operating, and investing in scalable, high-growth firms. The platform has the world’s biggest network of 192 country entrepreneurs and early-stage investors.
The Gust platform helps you as an entrepreneur with an idea or as the owner of a new firm at every stage of your journey by providing mission-critical business tools, strong performance standards, and reliable funding advice.
Gust is the world’s top angel investor federations’ official portal. It offers a large network of over 800,000 entrepreneurs and over 80,000 investment experts. This alone opens various opportunities for many business owners.
Gust’s mission is to help entrepreneurs succeed by providing the necessary help from the initial setup to funding rounds. It creates a platform to help you find what you are looking for to make your business successful.
10. Abuja Angel Network
The Abuja Angel Network is a member-led group created by business executives and CEOs from all sectors of the economy. The network aims at providing capital to invest in innovative and ready-to-launch startups, from pitches through successful exits.
In addition, it provides a vast network of business assistance to the firms with whom they work and help in the process of selecting, funding, and coaching these young enterprises.
The Abuja Angel Network is on a mission to make a significant contribution to entrepreneurship growth by collaborating with entrepreneurs from diverse places where there is investment potential. They invest in and support entrepreneurs in a variety of industries, including automotive, agribusiness, banking, education, and e-commerce.
Conclusion
Angel investor platforms have helped several Nigerian startups and continue to do so. You must have a well-developed company proposal and then apply to one of the angel investor sites listed above.
Don’t trash your business idea; someone can help you make the most of it.