CR

CRE Venture Capital (formerly CRE Venture / TLcom Capital early team overlap)

VC
Lagos, NigeriaWebsite

CRE Venture Capital (formerly CRE Venture / TLcom Capital early team overlap) is a Seed venture capital firm based in Lagos, Nigeria investing in Other, Fintech, Developer Tools. The firm typically writes $250K–$2.0M checks and has 13 portfolio companies in our records.

Stage

Seed

Check Size

$250K – $2.0M

AUM

$407M

Portfolio

13+ companies

Team

8 partners

Investor activity
Last known investment: 2021Investments in last 12 months: 0

Investment Thesis

Africa-focused early-stage VC with meaningful fintech investments across the continent.

How CRE Venture Capital (formerly CRE Venture / TLcom Capital early team overlap) invests

CRE Venture Capital (formerly CRE Venture / TLcom Capital early team overlap) is a vc firm based in Lagos, Nigeria. The firm invests at the Seed stage, with a focus on Other, Fintech, Developer Tools, Healthcare, EdTech.

CRE Venture Capital (formerly CRE Venture / TLcom Capital early team overlap) typically writes checks of $250K–$2.0M per investment, backed by approximately $407M in assets under management.

Investing since at least 2016, CRE Venture Capital (formerly CRE Venture / TLcom Capital early team overlap) has backed 13 companies in our records, including uLesson, Yoco, Rensource. Its most recent recorded investment was in 2021.

Meet the Team

PM

Pardon Makumbe

Founding Partner & Managing Partner

Africa
Early-stage VC
Startup Ecosystems
PT

Pule Taukobong

Founding Partner

Africa
Early-stage Tech
Venture Capital
RC

Robel Chiappini

Partner / Investment Professional

Deal sourcing
Investment strategy
Sub-Saharan Africa
SB

Salem Belay

Principal

DE

David Eddyabasi

Principal

JO

Janet Ogabi

Principal

FP

Federico Pirzio-Biroli

Partner

Africa
FinTech
Enterprise Software
CV

Catalin Voss

Venture Partner

Industry Focus

Invests In

Other
Fintech
Developer Tools
Healthcare
EdTech

Portfolio Companies (13)

2021

UL

uLesson

EdTech·Series A
YO

Yoco

FinTech·Series C

2020

RE

Rensource

EnergyTech·Series A
MP

mPharma

HealthTech·Growth
RE

Rensource

EnergyTech·Growth

2016

FL

Flutterwave

FinTech·Series A and beyond
FL

Flutterwave

FinTech·Series A and beyond

Other

CU

CutStruct Technology Limited

Technology and telecoms·Early-stage·CRE Venture Capital Fund III

Technology company operating in Nigeria

DA

DataServe AI, Inc.

Financial services·Early-stage·CRE Venture Capital Fund III

AI-powered financial services platform

FL

Flood Pte Ltd.

Technology and telecoms·Early-stage·CRE Venture Capital Fund III

Technology and telecoms company in South Africa

How to pitch CRE Venture Capital (formerly CRE Venture / TLcom Capital early team overlap)
  • Raising at Seed? You're squarely in their sweet spot.
  • Lead with your fit in Other, Fintech, Developer Tools — the sectors they actively back.
  • Size your ask to their typical $250K – $2.0M check.
  • Address your outreach to a specific partner, such as Pardon Makumbe, Founding Partner & Managing Partner.
  • A warm introduction beats a cold email. Get matched and request an intro.

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