Beta Ventures

Founded in 2017, Beta Ventures is a venture capital firm based in Lagos, Nigeria, with a presence in New York. It supports Africa's leading tech entrepreneurs by investing in early-stage companies, focusing on sectors such as logistics, energy, and healthcare. The firm uniquely helps African startups grow organically while scaling globally.

Ovo Emorhokpor

General Partner

Blessing Okoroafor

Analyst

Past deals in Rwanda

Smile ID (formerly Smile Identity)

Series A in 2021
Smile Identity Inc. is a technology company based in San Francisco, California, that focuses on identity verification solutions. Founded in 2016, the company has developed an application called SmartSelfie, which allows users to create a universal biometric for authentication on Android devices. The team comprises engineers and financial services professionals from both the United States and Africa, bringing expertise in global markets with a focus on highly regulated environments. Smile Identity has developed advanced encryption, authentication, and security solutions, as well as image processing technology. The company has experience working with telecoms, lenders, banks, and startups, enabling them to understand the unique challenges faced by consumers and enterprises in Africa. With support from prominent investors in Silicon Valley and Africa, Smile Identity has established a pan-African presence, operating in countries such as South Africa, Nigeria, Kenya, Ghana, and Rwanda.
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