# Enterprise software investors in Nigeria (2026 list) > 10 enterprise software investors in Nigeria, 90% active in the last 12 months. Led by Capital Factory, Elemental Impact, SE Ventures. Source: https://millionrounds.com/lists/enterprise-software-investors-in-nigeria (Millionrounds; every figure on the page links to its filing or article) [Investor Lists](https://millionrounds.com/lists) # Enterprise software investors in Nigeria Updated 7 November 2026 Firms observed backing a enterprise software company in Nigeria in the last two years, wherever the firm is based. [See all 10 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fenterprise-software-investors-in-nigeria)The top 10 **10** investors on the list *-9* this week **108** cheques in 12 months *-34%* against the market **$5M** median round they joined *-37%* against the market median **90%** wrote a cheque in 12 months **50%** have led a round ## The Top 10 Ordered by cheques observed, never by anything anyone paid for Deploying now (9) - 1 [Capital Factory](https://millionrounds.com/fund/capital-factory) *Deploying now* VC firm · United States **212** **$6.2M** median round **Oct 2026** last seen - 2 [Elemental Impact](https://millionrounds.com/fund/elemental-impact) *Deploying now* VC firm · United States **119** **$11M** median round **Aug 2026** last seen - 3 [SE Ventures](https://millionrounds.com/fund/se-ventures) *Deploying now* Corporate VC · United States **112** **$16M** median round **Oct 2026** last seen - 4 [Powerhouse Ventures](https://millionrounds.com/fund/powerhouse-ventures-limited) *Deploying now* VC firm · New Zealand **80** **$3.3M** median round **May 2026** last seen - 5 [Third Sphere](https://millionrounds.com/fund/third-sphere) *Deploying now* VC firm · United States **80** **$5M** median round **Aug 2026** last seen - 6 [Praetura Ventures](https://millionrounds.com/fund/praetura-ventures) *Deploying now* VC firm · United Kingdom **79** **$3.5M** median round **Sept 2026** last seen - 7 [LoftyInc Capital](https://millionrounds.com/fund/loftyinc-capital) *Deploying now* VC firm · Nigeria **73** **$2.3M** median round **May 2026** last seen - 8 [Elevate Capital](https://millionrounds.com/fund/elevate-capital) *Deploying now* Private equity · Peru **41** **$1.8M** median round **Sept 2026** last seen - 9 [Equator](https://millionrounds.com/fund/equator-vc) quiet VC firm · Kenya **2** **$5M** median round **Mar 2025** last seen - 10 [KawiSafi Ventures](https://millionrounds.com/fund/kawisafi-ventures) *Deploying now* VC firm · Kenya **2** **$45M** median round **Feb 2026** last seen ## The Newest Cheques Rounds this list's investors joined most recently - **28** Oct **[Foundry Robotics](https://millionrounds.com/company/foundry-robotics)** Series A · $100M *With* [SE Ventures](https://millionrounds.com/fund/se-ventures) - **14** Oct **[Icon](https://millionrounds.com/company/icon)** Series D+ · $200M *With* [Capital Factory](https://millionrounds.com/fund/capital-factory) - **17** Sept **[Ryft](https://millionrounds.com/company/ryft)** Series B · $27M *With* [SE Ventures](https://millionrounds.com/fund/se-ventures) - **17** Sept **[MicroLub](https://millionrounds.com/company/microlub)** $10M *With* [Praetura Ventures](https://millionrounds.com/fund/praetura-ventures) - **16** Sept **[Evatto](https://millionrounds.com/company/evatto)** Pre-seed · $1M *With* [SE Ventures](https://millionrounds.com/fund/se-ventures) - **11** Sept **[Ultimarii](https://millionrounds.com/company/ultimarii)** Series A · $9.4M *With* [SE Ventures](https://millionrounds.com/fund/se-ventures) ## Stages This Year 105 rounds - Series A **23%** - Venture **18%** - Seed **18%** - Series B **10%** - Series C **7%** - Other **25%** ## What They Backed Sectors, last 12 months - AI **31** - Fintech **14** - Energy **11** - Robotics **8** - Big Data & Analytics **7** - Advanced Manufacturing **5** ## Cheques by Quarter Led Joined 40 Q1 25 40 Q2 25 37 Q3 25 40 Q4 25 44 Q1 26 28 Q2 26 21 Q3 26 2 Q4 26 The last bar is the quarter still running. ## Lists Like This - [AI investors in United States 3,683](https://millionrounds.com/lists/ai-investors-in-united-states) - [Fintech investors in United States 1,166](https://millionrounds.com/lists/fintech-investors-in-united-states) - [AI investors in United Kingdom 1,039](https://millionrounds.com/lists/ai-investors-in-united-kingdom) - [Big Data & Analytics investors in United States 1,039](https://millionrounds.com/lists/big-data-investors-in-united-states) - [Biotech investors in United States 914](https://millionrounds.com/lists/biotech-investors-in-united-states) - [Energy investors in United States 798](https://millionrounds.com/lists/energy-investors-in-united-states) - [Robotics investors in United States 797](https://millionrounds.com/lists/robotics-investors-in-united-states) - [Construction investors in United States 742](https://millionrounds.com/lists/construction-investors-in-united-states) - [Cybersecurity investors in United States 702](https://millionrounds.com/lists/cybersecurity-investors-in-united-states) [All investor lists *→*](https://millionrounds.com/lists) ## Reading for founders in b2b software and saas - Lean B2B: Build Products Businesses Want Étienne Garbugli · 2014 4.16 from 249 ratings on Goodreads B2B software and SaaS About the book www.leanb2bbook.com « This is a must read for every B2B entrepreneur, SaaS creator or consultant and business school student. It's the kind of book you don't read once, you go back to it on a regular basis. » - Carmen Gerea, CEO & Co-founder, UsabilityChefs Lean B2B helps… On AmazonListen on Audible - The Pricing Roadmap: How to Design B2B SaaS Pricing Models That Your Customers Will Love Ulrik Lehrskov-Schmidt · 2023 4.43 from 207 ratings on Goodreads B2B software and SaaS About the book "The definitive resource on SaaS pricing, I absolutely can not recommend this book enough." Viktor Heide, COO of Contractbook.com, Forbes "30 under 30" A foolproof method to achieve skyrocketing sales, growth, and profits for your software as a service (SaaS) product starts… On AmazonListen on Audible - Integrity: The Courage to Meet the Demands of Reality Henry Cloud · 2006 4.22 from 3,393 ratings on Goodreads B2B software and SaaS About the book Integrity. It is more than simple honesty. It's the key to success. A person with integrity has the -- often rare -- ability to pull everything together, to make it all happen no matter how challenging the circumstances. Drawing on experiences from his work with Fortune 500… On AmazonListen on Audible - Blueprints for a SaaS Sales Organization by Jacco vanderKooij Jacco van der Kooij · 2015 4.33 from 324 ratings on Goodreads B2B software and SaaS About the book Because of their very nature, SaaS companies live and die on revenue growth. And once the service is ready there is a very small window in which to scale. Missing that window is the difference between massive success and mediocrity. With such high stakes, it is crucial to get a… On AmazonListen on Audible More books for founders and investors on the [Reading List](https://millionrounds.com/reading-list?role=founder&model=b2b_software). As an Amazon Associate we earn from qualifying purchases. ## Quick answers about enterprise software investors in Nigeria ### Who are the most active enterprise software investors in Nigeria? By cheques observed, the most active are Capital Factory, Elemental Impact, SE Ventures, Powerhouse Ventures and Third Sphere. ### How many enterprise software investors in Nigeria are there? 10 are on record. 90% made an investment in the last 12 months and 50% have led a round. ### Which stages do enterprise software investors in Nigeria back? Of the rounds with a named stage in the last 12 months, mostly Series A (30%) and Seed (24%). ### How big are the rounds enterprise software investors in Nigeria join? The typical (median) round among the leading investors here is $5M. ### Which sectors do enterprise software investors in Nigeria back most? In the last 12 months, mostly AI, Fintech and Energy. ### Which enterprise software investors in Nigeria lead the most rounds? Praetura Ventures (4 led), Capital Factory (1 led) and Powerhouse Ventures (1 led). ### Where are enterprise software investors in Nigeria based? Among the most active, most are based in the United States (4), Kenya (2) and New Zealand (1). ### What have enterprise software investors in Nigeria invested in recently? Recent rounds include Foundry Robotics (Series A, Oct 2026, with SE Ventures), Icon (Series D+, Oct 2026, with Capital Factory) and Ryft (Series B, Sept 2026, with SE Ventures). Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)