69 Best Startups in Nigeria to Watch in 2025

The Definitive Seedtable Ranking of Startups in Nigeria

We track 71,000+ companies and rank them dynamically using our Seedtable Score – a score that uses quantitative and qualitative data points to signal the momentum behind a company. We then monitor the list manually leveraging our expertise as founders and investors.

There are 116 start-ups with an aggregate funding of $2.0b. The average funding per company in this subset is $29.6m.

Last update to the database: Feb 18, 2025. See changelog.

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2

Funding Rounds

$103.5k

Money raised

Terminal Africa is the developer of a delivery aggregator platform designed to make it easier for Africans to send and receive products globally.

11

Funding Rounds

$588.7m

Money raised

Branch offers microloans through a free-to-download Android app in emerging markets.

3

Funding Rounds

$16.5m

Money raised

The Nigeria-based Lidya uses a tech-based credit algorithm to loan to small businesses without credit histories.

4

Funding Rounds

$64.0m

Money raised

FairMoney is a Paris-based start-up which offers micro loans in Nigeria through their mobile, Android app.

2

Funding Rounds

$40.0m

Money raised

54Gene is healthcare startup company providing a genetics testing platform in Africa. It also offers genetic reports on health, nutrition, fitness and weight loss, carrier status, personal traits and ancestry.

2

Funding Rounds

$4.1m

Money raised

Provider of loans intended to finance merchants. The company offers seamless processes, fast loans, and reliable client relationships, enabling small businesses to get collateral-free loans within three hours.

1

Funding Rounds

$7.0m

Money raised

Developer of an identity management platform designed to monitor the customer records easily.

3

Funding Rounds

$570.0m

Money raised

Opay is a neobank offering personal accounts with a debit card and all transactions managed from a mobile phone.

Industries:

Location:

2

Funding Rounds

$120.0k

Money raised

Podozi was a beauty and personal care online shopping website.

1

Funding Rounds

$3.0m

Money raised

CowryWise is a financial technology company providing tools that enable users to manage their personal finances.

5

Funding Rounds

$221.2m

Money raised

Developer of revenue-based vehicle financing technology designed to help mobility entrepreneurs in Africa. The company uses alternative credit-scoring technology onto ride-hailing and e-logistics platforms, which allows access to proprietary performance and revenue analytics of mobility entrepreneurs to underwrite loans.

3

Funding Rounds

$2.0m

Money raised

Snapplify is at the forefront of edtech solutions in Africa, and specialises in enabling digital learning for individuals and institutions by establishing a marketplace for digital education content, related educational services, and devices.

4

Funding Rounds

$13.2m

Money raised

Provider of insurance services intended to offer affordable medical cover to the future emerging markets. The company's simple insurance coverage provides on-demand health loans to manage the risks in their customers' lives with a safety net, enabling clients to get healthcare at affordable monthly premiums.

1

Funding Rounds

$1.3m

Money raised

A technology company providing payments infrastructure for businesses in Africa

4

Funding Rounds

$3.1m

Money raised

Developer of a bus-hailing application designed to create a better and safer transportation system for daily commuters. The company's application offers vehicle assistants, 13-seater type buses, licensed drivers and e-wallet payments, enabling users to book and pay for fast and convenient trips in real-time.

2

Funding Rounds

$2.2m

Money raised

Developer of an on-demand auto repair and maintenance platform designed for individuals and businesses in Africa. The company's platform allows to register and signup for products and services to schedule maintenance and pairs technicians from a network of certified mechanics and automobile technicians.

1

Funding Rounds

$9.0m

Money raised

Arnergy is a Lagos-based company founded in 2013.

Location:

2

Funding Rounds

$17.0m

Money raised

Umba is a financial technology company founded in 2019 by Tiernan Kennedy.

5

Funding Rounds

$12.2m

Money raised

Developer of a human resource platform designed to help organizations make the best of their people. The company's technology provides hiring, training, payroll, leave, performance, onboarding with HR, management, and learning management system, enabling businesses with an end-to-end solution to optimize human resources from hiring to retirement.

4

Funding Rounds

$17.6m

Money raised

Developer of an API financial technology software designed to power the digital economy in Africa. The company's software provides access to financial statements for historical and real-time transactions, balances, bank statements, credit and spending patterns of a customer along with access to initiate direct debit payment and recurring debit.

3

Funding Rounds

$400.0k

Money raised

Provider of digital stack services intended to support pharmacies and dispensaries with pharmacy management and delivery services. The company's services create value for pharmacies by helping to cut out costs in their inventory management and operational processes and also create revenue opportunities.

Industries:

Location:

2

Funding Rounds

$55.0m

Money raised

Provider of a vehicle subscription service intended for independent commercial drivers. The company offers a convenient path to financial freedom & wealth creation through low-to-zero-emission vehicle ownership and value-added services.

7

Funding Rounds

$550.0k

Money raised

Developer of assets and inventory tracking technology designed to offer consumer intelligence and anti-counterfeiting services. The company's technology offers real-time product authentication, consumer engagement, and supply chain tracking services to producers of quality human-friendly products.

2

Funding Rounds

$2.3m

Money raised

Developer of an online platform designed to connect digital wallets across mobile money, banking, and possibly crypto. The company's platform provides easy-to-use solutions for customers and powerful APIs for developers thus enabling businesses to support fast, direct, and efficient transactions across other business platforms.

3

Funding Rounds

$1.9m

Money raised

Developer of a shipping and escrow payments platform designed to facilitate e-commerce and social media commerce. The company's platform allows users to safely partake in e-commerce on distributed social platforms by providing means to identify trustworthy merchants, securely pay for items using an escrow system.

2

Funding Rounds

$8.6m

Money raised

Developer of a pharmaceutical-based supply-chain management platform intended to help governments and businesses deliver healthcare in the fastest-growing parts of the world. The company's platform helps to digitize, modernize, strengthen, and sustain the supply chains through easy access.

1

Funding Rounds

$1.0m

Money raised

Developer of an educational platform intended to help students compare colleges, course options, and tuition fees. The company's platform provides students with access to a portal that offers verified information about colleges to help them in decision-making while also providing options at every level, including online certificate programs.

3

Funding Rounds

$22.0m

Money raised

Developer of an on-demand delivery platform designed to offer door-to-door, delivery, and transportation services. The company's platform schedules, tracks and pay for all deliveries, connects riders around, and offers cashless payments via mobile.

2

Funding Rounds

$1.4m

Money raised

Developer of tech-enabled concierge service platform designed to buy back time for a more enriching lifestyle. The company's platform puts a home's chores on autopilot by delivering services and chores like laundry, cleaning and maintenance, meals and groceries, and electronics servicing.

4

Funding Rounds

$4.2m

Money raised

SHYFT Power Solutions is a San Francisco-based developer of IoT and integrated software solutions to conenct and manage distributed energy resources.

1

Funding Rounds

Developer of a financial platform intended to save money and invest money on behalf of customers. The company's platform is a digital rotating savings and credit association where users can invest their money in valuable assets for fifteen % ROI per annum in a clan, enabling customers to plan and save ahead to achieve their financial goals.

Key people:

1

Funding Rounds

A Nigerian financial technology strartup company providing loans with competitive rates to employees through their employers

1

Funding Rounds

$670.0k

Money raised

Earn rewards, stake your digital currencies on predictable events without any loss. Build on DeFi APIs.

2

Funding Rounds

$250.0k

Money raised

An education technology company offering an educational online video platform focused on teaching students in African schools.

3

Funding Rounds

$125.0k

Money raised

Developer of a commodity sourcing platform intended to improve efficiency, provide visibility and transparency. leverages technology to help businesses manage their outgrowers schemes and commodities trade more effectively by improving efficiency, enabling clients to provide visibility and transparency.

2

Funding Rounds

$22.4m

Money raised

Mobile card reader enabling small businesses to accept card payments anywhere.

1

Funding Rounds

$18.0m

Money raised

Operator of a healthcare company dedicated to building a dependable and sustainable healthcare ecosystem in Africa. The company operates a chain of healthcare businesses that offer hospital care, telemedicine, and clinic services among others, enabling individuals to receive prompt medical help and improve their health.

1

Funding Rounds

Developer of a crowdsourcing platform designed to help businesses, governments, and nonprofits scale to underserved populations. The company's platform offers an ecosystem of agents that render penetrative market research and real-time data of consumers in emerging markets.

3

Funding Rounds

$310.0k

Money raised

GeroCare makes it easy for Africans anywhere in the world provide regular doctor home visits for their elderly parents in Africa.

4

Funding Rounds

$1.6m

Money raised

Digital bank providing free full-service banking to Africans.

2

Funding Rounds

$1.1m

Money raised

Developer of a payment platform intended for E-commerce operators. The company's platform offers a faster one-click checkout technology for digital commerce and makes the process of checking out easy and seamless for online shoppers, enabling users to improve their online shopping experience of the user.

2

Funding Rounds

Fyodor Biotechnologies is a Baltimore-based medical device company offering diagnostic tools.

2

Funding Rounds

$2.0m

Money raised

Farmcrowdy is a digital agriculture platform focused on connecting farm sponsors with real farmers.

Location:

Key people:

1

Funding Rounds

$5.0m

Money raised

Developer of a unified distribution platform designed to digitize the supply chain from distributors to retailers. The company's platform provides businesses with tools that they can use to enhance their reliability, visibility and financial capability and it features the ability to track orders while having the option for in-built payments.

4

Funding Rounds

$23.5m

Money raised

Smart Sparrow is a Sydney-based operator of an e-learning platform for higher education organizations to create an online program and learning environment.

1

Funding Rounds

$1.6m

Money raised

Operator of a tech-enabled scheduled bus sharing company designed to offer a comfortable and affordable shared commute. The company's platform helps users to find, book and share bus ride for commuting to work and back home, enabling users to experience a simpler and better way to commute.

1

Funding Rounds

$3.4m

Money raised

Operator of an automotive marketplace intended to connect car buyers and sellers. The company's platform focuses on solutions that improve access to auto loans, quality maintenance, and aftersales services, warranty solutions, and transactional marketplaces.

2

Funding Rounds

$120.0m

Money raised

Operator of an integrated retail distribution platform designed to connect distributors, wholesalers, and retailers together. The company's platform provides predictive analysis to run targeted campaigns, set product prices competitively, optimize inventory, and auto-generate sale promotions.

3

Funding Rounds

$2.9m

Money raised

Youverify helps businesses and individuals confirm identity and physical addresses.

3

Funding Rounds

$5.1m

Money raised

Tizeti is a company founded in 2015.

3

Funding Rounds

$370.0k

Money raised

Awabah is a digital pension platform that provides micro pension services.

1

Funding Rounds

$30.0k

Money raised

Developer of an interactive and intelligent learning platform intended to assist Nigerian students prepare for their secondary school exam and the University Tertiary Matriculation Examination (UTME).

2

Funding Rounds

$5.0m

Money raised

Operator of a B2B marketplace intended to connect informal retailers directly with wholesalers and manufacturers. The company's platform helps small retailers source their inventory, and access financing, and essential insurance services, helping them to streamline their digital procurement and financing.

2

Funding Rounds

$3.7m

Money raised

Developer of an application programming interface platform designed to enable developers to instantly issue physical and virtual cards.

3

Funding Rounds

$600.0k

Money raised

Platform for secure real estate management and transactions in Africa.

1

Funding Rounds

$600.0k

Money raised

Operator of a community platform intended to empower women with resources to succeed, save money, and enjoy discounts. The company's platform offers financial services, capacity and community building, and get access to new investments, funding, grants, and scholarships, enabling women to have access to grow their money.

2

Funding Rounds

$4.0m

Money raised

Casava is an insurtech startup that focuses on making insurance for income earners.

5

Funding Rounds

$7.2m

Money raised

Indicina is a Lagos-based company founded in 2018 by Yvonne Johnson, Carlos del Carpio and Jacob Ayokunle.

1

Funding Rounds

$2.1m

Money raised

Wifi.com.ng is a company providing internet access in NIgeria founded in 2012 by Kendall Ananyi.

2

Funding Rounds

$23.2m

Money raised

VendEase is a where restaurants in Africa buy food supplies founded in 2019 by Tunde Kara, Gatumi Aliyu, Olumide Fayankin and Oyewale Oyepeju.

3

Funding Rounds

$41.0m

Money raised

TeamApt is a Lagos-based company founded in 2015.

Location:

Key people:

3

Funding Rounds

$46.0m

Money raised

Kobo360 is a company providing a digital logistics platform for haulage operations.

2

Funding Rounds

$2.5m

Money raised

BFree focuses its collection processes on sustainably leading customers out of debt by giving them back control over their finances.

1

Funding Rounds

$130.0k

Money raised

Connectnigeria.com is a Lagos-based company founded in 2011.

Industries:

Location:

2

Funding Rounds

$520.0k

Money raised

Developer of a machine learning platform designed to make data science simple for businesses.

1

Funding Rounds

$2.3m

Money raised

Big Cabal Media (BCM) is a Nigerian digital media company creating super-engaging content that African youth audiences love. We lead the most engaging conversations around culture, innovation, entrepreneurship, entertainment and all the things that matter to the youth today.

2

Funding Rounds

$2.7m

Money raised

Data Mynt is a company founded in 2021 by Alex Christian.

1

Funding Rounds

$600.0k

Money raised

Payourse builds the tools and infrastructure that make it easier, faster, and cheaper for anyone in Africa easy, fast and cheap access to crypto and web3.

1

Funding Rounds

$1.0m

Money raised

Provider of financial services intended to help unbanked consumers. The services include mPOS hardware and software solutions, lending, savings, and health insurance services and it also helps consumers to get cash from their debit cards where no ATMs are available, enabling businesses and consumers to help operate digitally.

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