Alitheia Capital

Alitheia Capital is an impact investing firm founded in 2007 and located in Lagos, Nigeria. The firm focuses on providing both social and financial returns by investing in businesses that improve access to essential goods and services for small and growing enterprises as well as low-income households. Alitheia Capital aims to generate positive social impact while achieving sustainable financial growth, aligning its investment strategy with the needs of underserved communities.

Oluwakemi Olajide

Senior Investment Associate

Past deals in Nigeria

Haul247

Seed Round in 2023
Haul247 is a technology-driven logistics company streamlining Nigeria's freight industry. Its cloud-based platform offers trucking, warehousing, tracking, and reverse haulage services, powered by AI for efficient decision-making.

Lidya

Series B in 2021
Lidya is a financial services platform focused on small and medium enterprises in Nigeria, enabling online account opening, funds management, credit building, and access to working capital. Founded in 2016 and based in Lagos, the company uses mobile-first technology and proprietary credit scoring to help SMEs open accounts quickly, manage receivables and cash flow, and secure affordable credit with higher limits as their credit profiles improve.

Tomato Jos

Series A in 2020
Tomato Jos is a Nigerian company founded in 2014, based in Keffi, that specializes in the production and distribution of tomato paste. In addition to its core business, the company offers consultancy services aimed at educating farmers on best practices for tomato cultivation. By providing quality agricultural inputs and expert guidance, Tomato Jos assists smallholder farmers in improving their growing techniques to better serve local markets. The company's commitment extends beyond product quality, as it seeks to positively impact the lives of farmers and enhance the agricultural landscape in Nigeria.

Lidya

Series A in 2018
Lidya is a financial services platform focused on small and medium enterprises in Nigeria, enabling online account opening, funds management, credit building, and access to working capital. Founded in 2016 and based in Lagos, the company uses mobile-first technology and proprietary credit scoring to help SMEs open accounts quickly, manage receivables and cash flow, and secure affordable credit with higher limits as their credit profiles improve.
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