Profile
FirstCheck Africa is a venture capital firm based in Lagos, Nigeria, founded in 2021 by Eloho Omame and Odunayo Eweniyi. The firm is dedicated to supporting female-led startups across Africa, aiming to close the gender funding gap in the venture capital industry. With a focus on empowering women entrepreneurs, FirstCheck Africa provides financial, social, and belief capital to help founders build category-defining companies.
The firm is sector-agnostic, investing in a wide range of industries including fintech, e-commerce, health, and education. FirstCheck Africa typically writes checks ranging from $50,000 to $250,000, targeting pre-seed and seed stage companies. The firm has a strategic partnership with TLcom Capital, which acts as its sole limited partner, enhancing its ability to support high-growth startups across the continent.
Notable investments by FirstCheck Africa include Cleva - USD banking products for remote workers, Knabu - settlement infrastructure for fintechs, Kola Market - B2B e-commerce platform for SMEs, and Jumba - B2B supply chain platform for construction materials. These investments highlight the firm's commitment to fostering innovation and growth in Africa's startup ecosystem.
Industry
First Check Africa Funds
| Name | Type |
|
|
|
Size | AUM | Launch date |
|---|---|---|---|---|---|---|---|
|
FirstCheck Africa Fund
|
Venture Capital (VC)
|
North America
|
$1-5 m
|
—
|
January 2021
|
Contacts
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