AL

Alitheia Capital

VC
Lagos, NigeriaWebsite

Alitheia Capital is a Pre-Seed, Seed venture capital firm based in Lagos, Nigeria investing in Other, Healthcare, Fintech. The firm typically writes $50K–$200K checks and has 49 portfolio companies in our records.

How to approach: warm intro preferred
Stage

Pre-Seed, Seed

Check Size

$50K – $200K

AUM

$250M

Portfolio

49+ companies

Team

7 partners

Investor activity
Investments in last 12 months: 0

Investment Thesis

African-focused fund investing in businesses that improve the lives and economic power of women through innovation.

How Alitheia Capital invests

Alitheia Capital is a vc firm based in Lagos, Nigeria. The firm invests at the Pre-Seed, Seed stages, with a focus on Other, Healthcare, Fintech, Consumer, SaaS.

Alitheia Capital typically writes checks of $50K–$200K per investment, backed by approximately $250M in assets under management.

Alitheia Capital has backed 49 companies in our records, including Lifestores Pharmacy, Paga, Sparkmeter.

Meet the Team

YA

Yewande Adewusi

Chief Operating Officer

NA

Nnamdi Aguh

Portfolio Manager

TI

Tokunboh Ishmael

Co-Founder and Managing Partner

Impact Investing
Technology
Financial Services
YA

Yewande Adewusi

Chief Operating Officer

NA

Nnamdi Aguh

Portfolio Manager

TI

Tokunboh Ishmael

Co-Founder and Principal Partner – Nigeria

Gender-lens private equity
Women-led SMEs
Growth stage businesses in Africa
PL

Polo Leteka Radebe

Co-Founder and Principal Partner – South Africa

Gender-lens private equity
Women-led SMEs
Growth stage businesses in Africa

Industry Focus

Invests In

Other
Healthcare
Fintech
Consumer
SaaS

Portfolio Companies (49)

Other

LI

Lifestores Pharmacy

HealthTech
PA

Paga

Fintech·Active

Paga is a leading mobile payments company focused on digitizing cash and delivering financial services to the mass market in emerging markets.

SP

Sparkmeter

Clean Energy Tech·Active

SparkMeter offers low-cost metering solutions, associated software, and services to micro-grids and urban central grid utilities, including real-time monitoring.

OR

Oradian

Fintech·Active

Oradian is a technology company that offers digital financial solutions for improving access to, and delivery of, financial services to un(der)served people in emerging economies.

LI

Lidya

Fintech·Active

Lidya is a financial services platform that improves access to credit and financing across frontier markets using innovative technology and proprietary credit scoring algorithms.

OM

Omnibiz

e-Commerce·Active

Omnibiz is a B2B e-commerce company which operates a platform that connects small businesses to a network of reliable suppliers of FMCG and other products.

HA

haul247

Mobility & Logistics·Active

Haul247 is an asset-light end-to-end logistics Application Programming Interface (API) platform that connects businesses to haulage and warehousing assets.

MA

Max

Mobility & Logistics·Active

MAX’s value proposition is enabling safe, affordable, and accessible urban logistics and mobility solutions across Africa.

TO

Tomato Jos

Agri-business·Active

Tomato Jos is a for profit agro-processing social enterprise that specializes in the local production of high-quality tomato paste.

CO

Complete Farmer

Agri-tech·Active

Complete Farmer is an end-to-end digital agricultural marketplace that connects African farmers with global industries sourcing crop commodities.

How to pitch Alitheia Capital
  • Raising at Pre-Seed, Seed? You're squarely in their sweet spot.
  • Lead with your fit in Other, Healthcare, Fintech — the sectors they actively back.
  • Size your ask to their typical $50K – $200K check.
  • warm intro preferred
  • Address your outreach to a specific partner, such as Yewande Adewusi, Chief Operating Officer.
  • A warm introduction beats a cold email. Get matched and request an intro.

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