EchoVC Partners

Rivy is making it easier to finance small and medium sized businesses in Africa. There is a need for financing of $158 bn for SMEs in Nigeria alone. To start, Rivy o helps SMEs access and spend lender capital effectively. During their first full operational year in 2020, the Rivy o co--founders leveraged their domain expertise and founding experience to beat their 2020 goal by 50%.

Founded in 2018, MarketForce is a technology company based in the US, Kenya, and Nigeria. It operates an asset-light business model, providing a comprehensive B2B commerce and fintech platform, 'RejaReja', empowering African merchants to digitize their inventory sourcing, ordering, payments, and access financing. The platform also enables merchants to resell digital financial services like airtime and bill payments. MarketForce is operational in five Sub-Saharan African markets, serving over 200,000 merchants and 50 consumer brands.

Founded in 2016, Lori Systems operates a logistics platform that connects transporters with cargo owners. Based in Nairobi, Kenya, with offices in Mombasa, Kampala, and Lagos, the company uses technology to improve transparency, flexibility, reliability, and cost savings (up to 18%) in Africa's $180 billion annual haulage market.

NextCounsel is a Lagos, Nigeria-based provider of legal technology solutions that help law firms and related organizations streamline operations and boost productivity. The platform combines practice and case management, time and billing automation, document management, and accounting, with human resources information systems and contract management to support a complete legal ecosystem. It also offers features for customer relationship management and company secretarial workflows, enabling centralized organization of contacts, matters, invoices, and documents. Founded in 2017, NextCounsel aims to simplify day-to-day legal operations through integrated software that improves efficiency and oversight across legal processes.

Hotels.ng is an online travel agency based in Lagos, Nigeria, specializing in hotel bookings throughout the country. Founded in 2012, the platform enables clients to book hotel rooms online with ease. It offers comprehensive support and assistance, along with hotel recommendations and reviews, ensuring that customers have access to quality accommodations. By focusing on user experience, Hotels.ng aims to facilitate a smooth booking process, helping travelers find good, clean, and safe hotels across Nigeria.

Easyshop Easycook Services Limited is a Nigerian online grocery delivery platform founded in 2006 and based in Lagos. The company specializes in providing a marketplace for both suppliers and buyers, focusing on the retail of grocery items including fresh food, perishables, non-perishables, household items, and office supplies. Catering primarily to working professionals, homes, offices, and restaurants, Easyshop Easycook aims to offer convenient shopping solutions for customers who face time constraints due to their busy schedules. By delivering quality products directly to customers' doorsteps, the company enhances the grocery shopping experience with an emphasis on affordability and accessibility.

Frontier Car Group is a Berlin-based startup focused on developing and operating used automotive marketplaces in emerging markets, including Nigeria, Mexico, Argentina, Colombia, Chile, Pakistan, and Indonesia. The company aims to simplify the process of buying and selling used cars through its online platform, which features a digital quote engine that provides instant pricing for vehicles. This technology not only enhances the efficiency of transactions but also facilitates quick vehicle inspections at designated locations. By leveraging innovative business models and infrastructure, Frontier Car Group is able to create value for all stakeholders involved in the used car market. Additionally, the company is engaged in joint ventures with OLX in India and Poland, further expanding its reach and impact in the automotive sector.

MyPadi is a leading real estate platform in Nigeria that specializes in connecting students with off-campus hostels and potential roommates. The platform provides a comprehensive array of resources, including photographs, video tours, pricing details, and roommate profiles, all sourced from verified landlords. By offering this information, MyPadi enables students to make informed decisions about their housing options near their educational institutions, streamlining the search process for suitable accommodation.

LifeBank is a healthcare logistics company that delivers critical medical supplies to hospitals and blood banks across Africa. It operates an enterprise marketplace and mobile app that enables hospitals and blood banks to source blood, blood products, oxygen, and other medical consumables and coordinates multi-modal delivery to care facilities. Founded in 2015 and based in Lagos, Nigeria, LifeBank combines digital sourcing with rapid logistics to improve on-time delivery, including rare medicines, supporting clinicians during emergencies.

Frontier Car Group is a Berlin-based startup focused on developing and operating used automotive marketplaces in emerging markets, including Nigeria, Mexico, Argentina, Colombia, Chile, Pakistan, and Indonesia. The company aims to simplify the process of buying and selling used cars through its online platform, which features a digital quote engine that provides instant pricing for vehicles. This technology not only enhances the efficiency of transactions but also facilitates quick vehicle inspections at designated locations. By leveraging innovative business models and infrastructure, Frontier Car Group is able to create value for all stakeholders involved in the used car market. Additionally, the company is engaged in joint ventures with OLX in India and Poland, further expanding its reach and impact in the automotive sector.

Riby is a fintech company based in Lagos, Nigeria. It offers a digital platform that enables cooperatives, associations, micro businesses, and individuals to create, manage bank or mobile money accounts, and access financial services.

Hotels.ng is an online travel agency based in Lagos, Nigeria, specializing in hotel bookings throughout the country. Founded in 2012, the platform enables clients to book hotel rooms online with ease. It offers comprehensive support and assistance, along with hotel recommendations and reviews, ensuring that customers have access to quality accommodations. By focusing on user experience, Hotels.ng aims to facilitate a smooth booking process, helping travelers find good, clean, and safe hotels across Nigeria.