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.

Check size
$50K–$200K
Portfolio
49 companies on record
Partners
7 listed
AUM
$250M
Stage
Pre-Seed, Seed
Sectors
Other, Healthcare, Fintech, Consumer, SaaS
HQ
Lagos, Nigeria

Last verified: 2026-07-10

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.

Partners & Team

TI

Tokunboh Ishmael

Co-Founder and Managing Partner

Impact Investing
Technology
Financial Services
YA

Yewande Adewusi

Chief Operating Officer

NA

Nnamdi Aguh

Portfolio Manager

PL

Polo Leteka Radebe

Co-Founder and Principal Partner – South Africa

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

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 Tokunboh Ishmael, Co-Founder and Managing Partner.
  • A warm introduction beats a cold email. Get matched and request an intro.

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