Nigeria · 
What does Microtraction invest in?
Microtraction invests most often at Pre-seed (100% of the rounds on record), in sectors such as Immigrant (1st Or 2nd Generation), Women and Us Military Veteran.
Microtraction highlights
- 01
2 rounds on record
- 02
Mostly Pre-seed: 100% of its rounds
What they do
We invest $100k into Africa’s most remarkable teams with technical founders at the earliest stage of their venture.From their own website
- Type
- VC firm (from a list, unverified)
- Cheque size
- $100K – $350K as they say
- Stages
- Pre-seedSeedSeries A
- Sectors
- Immigrant (1st Or 2nd Generation)WomenUs Military Veteran
- Based in
- Lagos, Nigeria
- Cold pitches
- Accepted
The record
Every round we can evidence, newest first2 appearances
- 2024
2 rounds
- Dec
- Dec
An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.
The team
Named by the firm itself, on a filing, its Form ADV or its company registration6 named
JFJenna FernandesManaging Director of the Issuer's Admin ManageriFiling they signed
JNJeremy NeilsonManaging Director of the Issuer's ManageriFiling they signed
JFJoseph FernandesManaging Director of the Issuer's Admin ManageriFiling they signed
MGMelissa GarloughOfficer of the Issuer's Admin ManageriFiling they signed
NNNhi NguyenOfficer of the Issuer's ManageriFiling they signed
RTRichard ThomsOfficer of the Issuer's ManageriFiling they signed
We also hold 12 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.
What they claim to have backed
From their own portfolio page (on their website)
20 of 60 we have independently watched raise
Aya DataClafiyaCowrywiseEvolve CreditFoodCourtGamrGet EquityHadiHoneyCoinIntron HealthLemFiNorebaseNovekOne PlanPaycrestPenneeSendboxThankUCashTimonWiassurARK FrontierAchieveAfriskautAfropolitan GroupBaki BeautyBaniBitsikaBlnk FinanceBloc (TechAdvance)BumpaClimbCr3dentialsFacebook LinkFamasiFlanceFoodLamaGradelyGraphGwalaHelicarrier (BuyCoins)HustleSasaInstantRadJamJarJamitMiniemoneyMiraOrda (SKG)PaidHRPikaProspaProton LabsRaiseRaydaRiseSchoolable (Allpro)ShipbubbleSmartComplyStanTemboTermiiand 6 more
Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.