49 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 49 start-ups with an aggregate funding of $973.2m. The average funding per company in this subset is $19.9m.

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

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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.

Location:

Key people:

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.

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:

1

Funding Rounds

$3.0m

Money raised

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

Location:

Key people:

1

Funding Rounds

$1.3m

Money raised

A technology company providing payments infrastructure for businesses in Africa

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.

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.

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.

Location:

Key people:

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

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

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.

Location:

Key people:

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.

Key people:

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.

Location:

Key people:

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:

3

Funding Rounds

$5.1m

Money raised

Tizeti is a company founded in 2015.

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).

3

Funding Rounds

$46.0m

Money raised

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

Location:

Key people:

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.

Location:

Key people:

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.

Location:

Key people:

1

Funding Rounds

$3.5m

Money raised

OnePipe is a company founded by Ope Adeoye.

Industries:

Location:

Key people:

1

Funding Rounds

$30.0k

Money raised

ChopUp is a company founded in 2013 by Zubair Abubakar.

Location:

Key people:

1

Funding Rounds

$10.5m

Money raised

Alerzo is a Nigeria-based company founded by Adewale Opaleye.

1

Funding Rounds

$10.0m

Money raised

Appzone is a company founded in 2022.

1

Funding Rounds

$4.1m

Money raised

QLIP provides value for creators, collectors, mainstream artists and decentralized store users.

1

Funding Rounds

$440.0k

Money raised

Bridgecard is a company founded by Tunde Adewole.

Location:

Key people:

1

Funding Rounds

$500.0k

Money raised

Octamile is a company founded by Gbenro Dara.

Key people:

1

Funding Rounds

$1.3m

Money raised

MVX is a digital freight booking and management platform founded in 2019.

Industries:

Location:

1

Funding Rounds

$1.0m

Money raised

Anchor is a company founded by Segul Adeyemi.

Location:

Key people:

1

Funding Rounds

myPadi.ng is a company founded in 2016 by Joel Amawhe.

Location:

Key people:

1

Funding Rounds

$20.0m

Money raised

Boomplay is a company founded in 2015.

1

Funding Rounds

$1.2m

Money raised

Plentywaka is a company founded in 2019.

1

Funding Rounds

$5.0m

Money raised

Cars45 is a car company.

Location:

1

Funding Rounds

$3.0m

Money raised

Indica is a network monitoring company founded in 2013.

Industries:

Location:

1

Funding Rounds

$4.3m

Money raised

Tomato Jos is a Nigeria-based company.

Location:

1

Funding Rounds

$40.0m

Money raised

PalmPay is a Nigeria-based company.

Location:

1

Funding Rounds

$1.0m

Money raised

MDaaS Global is a Nigeria-based company.

Location:

1

Funding Rounds

$30.0k

Money raised

Otunba Fawaz Motors is a Nigeria-based company founded by Fawaz ABDUL.

Location:

1

Funding Rounds

$3.1m

Money raised

uLessons is a Nigeria-based company.

Industries:

Location:

1

Funding Rounds

$8.0m

Money raised

Paystack is a Nigeria-based payment company.

Industries:

Location:

1

Funding Rounds

$7.5m

Money raised

uLesson is a Nigeria-based company.

Location:

1

Funding Rounds

$3.6m

Money raised

Field Intelligence is a Nigeria-based company.

Location:

1

Funding Rounds

$7.5m

Money raised

MAX.ng is a Nigeria-based company.

Industries:

Location:

1

Funding Rounds

$10.0m

Money raised

Daystar Power is a Nigeria-based company.

Location:

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