Investor Lists

E-commerce investors in Nigeria

Updated 7 November 2026

Firms observed backing a e-commerce company in Nigeria in the last two years, wherever the firm is based.

See all 16 →The top 16
16investors on the listNo change this week
1,123cheques in 12 months-10% against the market
$9Mmedian round they joined+13% against the market median
63%wrote a cheque in 12 months
44%have led a round

The Top 16

Ordered by cheques observed, never by anything anyone paid for

Deploying now (10)

  1. 1Y CombinatorDeploying nowAccelerator · United States6,412$3Mmedian roundOct 2026last seen
  2. 2International Finance CorporationDeploying nowGovernment · United States283$39Mmedian roundOct 2026last seen
  3. 3Rebel FundDeploying nowVC firm · United States201$2.4Mmedian roundOct 2026last seen
  4. 4GFR FundDeploying nowVC firm · United States56$4.5Mmedian roundJul 2026last seen
  5. 5Ventures PlatformDeploying nowVC firm · Nigeria45$2Mmedian roundMar 2026last seen
  6. 6Novastar VenturesDeploying nowVC firm · United Kingdom10$24Mmedian roundSept 2026last seen
  7. 7Goodwell InvestmentsDeploying nowPrivate equity · Netherlands8$3Mmedian roundOct 2026last seen
  8. 8Kaleo VenturesDeploying nowVC firm · United States8$1.6Mmedian roundOct 2026last seen
  9. 9NorfundDeploying nowVC firm · Norway8$35Mmedian roundAug 2026last seen
  10. 10Asia Africa Investments and ConsultingDeploying nowVC firm · Singapore4$9Mmedian roundMay 2026last seen
  11. 11Timon CapitalquietVC firm · United States2$25Mmedian roundApr 2025last seen
  12. 12Aruwa CapitalquietPrivate equity · Nigeria1$20Mmedian roundApr 2025last seen
  13. 13HoaQquietAngel network · Ireland1$9Mmedian roundAug 2025last seen
  14. 14Rebel Seed CapitalquietInvestment firm · Nigeria1-median roundJun 2025last seen
  15. 15Flour MillsquietVC firm1$20Mmedian roundApr 2025last seen
  16. 16Flour Mills of NigeriaquietVC firm1$20Mmedian roundApr 2025last seen

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Quick answers about E-commerce investors in Nigeria

Who are the most active E-commerce investors in Nigeria?

By cheques observed, the most active are Y Combinator, International Finance Corporation, Rebel Fund, GFR Fund and Ventures Platform.

How many E-commerce investors in Nigeria are there?

16 are on record. 63% made an investment in the last 12 months and 44% have led a round.

Which stages do E-commerce investors in Nigeria back?

Of the rounds with a named stage in the last 12 months, mostly Pre-seed (35%) and Seed (23%).

How big are the rounds E-commerce investors in Nigeria join?

The typical (median) round among the leading investors here is $9M.

Which sectors do E-commerce investors in Nigeria back most?

In the last 12 months, mostly AI, Fintech and Big Data & Analytics.

Which E-commerce investors in Nigeria lead the most rounds?

International Finance Corporation (12 led), Y Combinator (11 led) and Novastar Ventures (4 led).

Where are E-commerce investors in Nigeria based?

Among the most active, most are based in the United States (6), Nigeria (3) and the United Kingdom (1).

What have E-commerce investors in Nigeria invested in recently?

Recent rounds include Neuron Industries (Seed, Oct 2026, with Y Combinator), Reflex (Series A, Oct 2026, with Y Combinator) and Broccoli AI (Series B, Oct 2026, with Y Combinator).

Built from the rounds we watched, refreshed every night. How we count · Report a correction