GJO & PartnersInvest Matching

SaaS in Nigeria: funding deals and active investors

One of the best-documented segments on the platform. Latest rounds, investors who lead them, tickets and instruments — SaaS, Nigeria.

18

deals recorded

6

over 12 months

3 M$

median disclosed ticket

23

identified investors

Key findings

  • 18 funding deals recorded (SaaS, Nigeria) since 2018, involving 16 companies and 23 identified investors. 6 of them over the last 12 months (6 the previous year).
  • Median disclosed ticket: 3 M$; half of the deals fall between 1 M$ and 3.7 M$ (13 amounts disclosed out of 18, 45.7 M$ in total).
  • Where the money goes: Enterprise software (SaaS) (28 %), Data and AI (22 %), Vertical software (17 %).
  • Most frequent stage: Seed (28 %); most used instrument: Equity (89 %).
  • Most active investors: TLcom Capital (4), Atlantica Ventures (2), Cascador (2).
  • 50 % of deals are syndicated (at least two investors around the table).

Industries

  • Enterprise software (SaaS)5
  • Data and AI4
  • Vertical software3
  • Cloud and software infrastructure2
  • Cybersecurity2

Stages

  • Seed5
  • Growth4
  • Pre-Seed4
  • Series A3

Instruments

  • Equity16

Deals per year

YearDealsDisclosed amounts
2022418.9 M$
202313.6 M$
202421 M$
2025414.5 M$
202667.7 M$

Most active investors

Latest deals

CompanyDateDisclosed amountsLead
AeonCybersecurity · Nigeria · Pre-SeedSept 20261 M$Terra Industriessource
PewbeamVertical software · NigeriaSept 2026undisclosedResilience17source
AethexAIData and AI · Nigeria · Pre-SeedJun 20263 M$Enza Capitalsource
Indigenius AIData and AI · Nigeria · GrowthJun 2026250 k$Cascadorsource
StearsData and AI · Nigeria · GrowthJun 2026450 k$Cascadorsource
CybervergentCybersecurity · Nigeria · SeedApr 20263 M$Ventures Platformsource
PocketLawyersVertical software · NigeriaJul 2025undisclosedNubia Capitalsource
PaidHREnterprise software (SaaS) · Nigeria · SeedJun 20251.8 M$Accion Venture Labsource
Salus CloudCloud and software infrastructure · Nigeria · SeedJun 20253.7 M$Atlantica Venturessource
SeamlessHREnterprise software (SaaS) · Nigeria · Series AJan 20259 M$Helios Investment Partnerssource
PBR Life SciencesData and AI · Nigeria · Pre-SeedDec 20241 M$Octerra Capitalsource
SeamlessHREnterprise software (SaaS) · Nigeria · GrowthNov 2024undisclosedHelios Investment Partnerssource
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See also

Method: published funding deals (press releases, specialised media), recorded by Invest Matching's news monitoring and reviewed before integration. Amounts in US dollars; deals without a disclosed amount count in the totals, not in the medians.