# Verod: portfolio, investments and team > Verod is a private equity based in Nigeria. 3 investments on record, latest Oct 2025. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/verod (Millionrounds; every figure on the page links to its filing or article) Nigeria · [Investor](https://millionrounds.com/investors) # Verod Last cheque observed Oct 2025. Silence since then is not evidence of inactivity: our sources miss unannounced rounds. Email Private equity Quiet Last fund $20M, Apr 2019 Growth Series A Seed Consumer Staples Consumer Discretionary Financials Follow Verod and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fverod) Cheques on record **0%** of best year **0** **cheques in 12 months**, 3 on record Since the last cheque **379** days **00** hrs **00** min **00** sec Median round **$110M** Cheque size, as they say **$250K – $30M** Rounds led **0 of 3** Pitch Verod ## Verod highlights - 01 3 rounds on record - 02 Mostly Series C: 100% of its rounds ## What they do > Through our private equity (PE) firm, we back businesses operating across a range of sectors. From their own website - **Type:** Private equity - **Cheque size:** $250K – $30M as they say - **Stages:** Growth Series A Seed - **Sectors:** Consumer Staples Consumer Discretionary Financials - **Based in:** Lagos, Nigeria - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **3 appearances** - **2025** 1 round - **Oct** **[Moniepoint](https://millionrounds.com/company/moniepoint)** Series C · NG · Disrupt Africa **$200M** With 9 others - **2024** 1 round - **Oct** **[Moniepoint](https://millionrounds.com/company/moniepoint)** Series C · NG · Disrupt Africa **$110M** With 4 others - **2019** 1 round - **Mar** **[Daystar Power](https://millionrounds.com/company/daystar-power)** NG · Pressebox **$10M** With 1 other 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 registration **6 named** DM **Danladi Michel Verheijen** Director i Form ADV EE **Ehimare Eric Idiahi** DIRECTOR OF GENERAL PARTNER i Filing they signed MD **Michel Danladi Verheijen** DIRECTOR OF GENERAL PARTNER i Filing they signed MI **Mohamed Iqbal Rajahbalee** DIRECTOR OF GENERAL PARTNER i Filing they signed NO **Nieros Oyegun Soerensen** Chief Operating Officer i Form ADV YC **Yan Chong Ng Cheng Hin** DIRECTOR OF GENERAL PARTNER i Filing they signed We also hold **9** 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 the register says From the firm's own filings with the SEC, which it must file accurately by law **$275M** gross assets of its funds Oct 2026 **Exempt** reporting adviser venture or small private funds - **Legal name:** Verod Capital Management Limited - **SEC number:** CRD 305100 ## What they claim to have backed From their own portfolio page (on their website) **0** of 1 we have independently watched raise Venture Capital 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. Latest fund on file **$20M** raised in Apr 2019 From its SEC filing. Nothing newer is on file yet. ## The cheque Growth Series A Seed Median round joined **$110M** the round, not its cheque Led 0 of 3 rounds **0%** - **Said size:** $250K – $30M - **Sole investor:** Never alone - **Last cheque:** Oct 2025 Rounds by stage said on their site - Series C *2* - Growth said *-* - Series A said *-* - Seed said *-* Cheques by month Led Joined Dec 2023 Nov 2026 Often in the room with - [Development Partners International](https://millionrounds.com/fund/development-partners-international) 2 - [Google's Africa Investment Fund](https://millionrounds.com/fund/google-s-africa-investment-fund) 2 - [Lightrock](https://millionrounds.com/fund/lightrock) 2 **Pitching Verod?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Who they invest alongside The investors most often in the same rounds as Verod. A count of rooms they were both in, not a relationship either has claimed. [**Development Partners International** Private equity **2** rounds together](https://millionrounds.com/fund/development-partners-international)[**Google's Africa Investment Fund** Growth equity **2** rounds together](https://millionrounds.com/fund/google-s-africa-investment-fund)[**Lightrock** VC firm **2** rounds together](https://millionrounds.com/fund/lightrock) ## Recently backed The latest companies Verod put money into. [**Daystar Power** $10M · Mar 2019](https://millionrounds.com/company/daystar-power) ## Quick answers about Verod ### What does Verod invest in? Verod invests most often at Series C (100% of the rounds on record), in sectors such as Consumer Staples, Consumer Discretionary and Financials. ### How active is Verod? 3 investments on record, 0 of them in the last 12 months. The most recent was in Oct 2025. ### What has Verod invested in recently? Its most recent investments on record: Moniepoint (Series C, Oct 2025) and Daystar Power (Undisclosed round, Mar 2019). ### How big are Verod's cheques? The median round it joins is $110M. It says it writes cheques of $250K to $30M. ### Is Verod investing now? No investments in the last 12 months; the latest was in Oct 2025. ### Who does Verod invest alongside? Most often Development Partners International (2 rounds together), Google's Africa Investment Fund (2 rounds together) and Lightrock (2 rounds together). ### What kind of investor is Verod? Verod is a private equity firm based in Lagos, Nigeria. ### How much does Verod manage? About $275M, as gross assets of its private funds (Oct 2026). ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. 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