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    LoftyInc Capital

    Lagos, NigeriaFounded 2012

    LoftyInc Capital is an early-stage venture capital firm backing African entrepreneurs building tech-enabled solutions for the everyday economy. Founded in 2012, the firm has invested in over 150 startups across Africa including three unicorns such as Flutterwave, Andela, and Wave Mobile Money.

    They made 2 investments in the last 12 months. Their most common stage is seed (58% of deals). Average disclosed round size is $4.6M (across 34 rounds with reported amounts).

    Find people at LoftyInc Capital on Goldilocks AI

    Portfolio

    34

    Fund Size

    $43M

    Top Stage

    Seed

    Last 12 Mo

    2

    Team

    Idris Ayodeji Bello

    Idris Ayodeji Bello

    Founding Partner

    Marsha Wulff

    Marsha Wulff

    Founding Partner

    Michael Oluwagbemi

    Michael Oluwagbemi

    Founding Partner

    Kevin Simmons

    Kevin Simmons

    General Partner

    Mariam Kamel

    Mariam Kamel

    General Partner

    Matthew Akano

    Matthew Akano

    Director of Fund Operations

    Alyune-Blondin Diop

    Alyune-Blondin Diop

    Investment Principal

    Mazen Al-Morshedy

    Mazen Al-Morshedy

    Investment Associate

    Oluwatofunmi Idowu

    Oluwatofunmi Idowu

    Venture Analyst

    Lydia Idem

    Lydia Idem

    Chief Operating Officer

    JK

    Jaraf K. Gueye

    Venture Capital

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    38 investments
    CompanyRoundAmountDate
    Nucleon logoNucleonSeedSep 2025
    Nucleon logoNucleonSeedSep 2025
    Mtor logoMtorPre-Seed$2.8MDec 2023
    Terragon logoTerragonSeries B$9MJul 2023
    AAfrikreaSeries A$5MJan 2023
    Orda logoOrdaSeed$3.4MNov 2022
    YouVerify logoYouVerifySeed$1MAug 2022
    Foondamate logoFoondamateSeed$2MMay 2022
    Kwely logoKwelySeed$700KApr 2022
    RRocket HealthSeries A$5MMar 2022
    Paps logoPapsSeries A$4.5MJan 2022
    Orda logoOrdaPre-Seed$1.1MJan 2022
    Nestcoin logoNestcoinPre-Seed$6.5MJan 2022
    Bitnob logoBitnobGrowth$500KJan 2022
    Wowzi logoWowziSeed$2MDec 2021
    Abwaab logoAbwaabSeries A$20MNov 2021
    ILLA logoILLASeed$2MOct 2021
    Ejara logoEjaraSeed$2MOct 2021
    TTazahPre-SeedOct 2021
    Odiggo logoOdiggoSeed$2.2MAug 2021
    Kwely logoKwelyUnknown$250KJul 2021
    Abwaab logoAbwaabSeed$5MMar 2021
    Akiba Digital logoAkiba DigitalPre-Seed$1.1MJan 2021
    Simplifi logoSimplifiSeed$5.1MJan 2021
    RReliance HMOSeries A$6MJan 2020
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    Last updated: 8 September 2026