Village Capital

Village Capital, established in 2009 and headquartered in Washington, D.C., is a venture capital firm specializing in early-stage and seed investments. It focuses on sectors such as agriculture, education, energy, financial services, and health, with a global investment scope spanning North America, Sub-Saharan Africa, South Asia, Latin America, Europe, East & Southeast Asia, and the Middle East & North Africa. The firm uniquely employs a peer-selection model, where entrepreneurs evaluate and award pre-committed seed funding to their peers, fostering a collaborative investment approach. Since its inception, Village Capital has supported over 1,000 entrepreneurs through its programs, with graduates generating $61.5M in revenue, reaching 8.5 million customers, and creating over 11,500 jobs.

Ross Baird

Co-Founder and Board Member

Allie Burns

CEO

Daniel Cossío

Regional Director, Latin America

Heather Matranga

Vice President

Past deals in Nigeria

Gradely.ng

Non Equity Assistance in 2021
Gradely.ng Limited operates a personalized learning platform designed for secondary school students in Nigeria. Founded in 2019 and based in Yaba, the platform utilizes artificial intelligence to provide tailored learning materials, online tutorials, and video lessons. Gradely focuses on exam preparation and offers assessment reporting, tracking, and training tools for teachers, as well as computer-based tests and progress tracking for schools. The platform features weekly adaptive homework tests that enable real-time intervention for learning gaps by recommending specific practice sets, remedial videos, or tutoring based on students' performance. Teachers can quickly set up homework aligned with the WASCCE and Cambridge curricula, and the system generates progress reports for teachers, parents, and schools. Gradely aims to enhance learning outcomes by continuously adapting to students' needs through its data-driven approach.

DriversNg

Non Equity Assistance in 2021
DriversNg provides reliable and professionally trained drivers to individuals, companies and organisations all over Nigeria.

PiggyVest

Seed Round in 2018
PiggyVest is a financial technology company based in Nigeria that provides an automated savings platform aimed at helping individuals and businesses manage their finances efficiently. The platform enables users, particularly from low- and middle-income backgrounds, to save small amounts of money regularly—whether daily, weekly, or monthly—thereby promoting sustainable savings habits. By automating the saving process, PiggyVest reduces the temptation to withdraw funds prematurely, as users can only access their savings on predetermined withdrawal dates. The company previously operated as Piggybank.ng and has since acquired a microfinance bank license. All funds saved through the platform are securely managed by a licensed asset management company. PiggyVest also facilitates the earning of competitive interest rates on savings, enhancing the value of users' money while eliminating withdrawal and monthly fees, thereby making financial management accessible and user-friendly.

Riby

Seed Round in 2018
Riby is a finance technology company based in Lagos, Nigeria, that offers a digital finance management platform tailored for cooperatives, trade groups, associations, and micro and small businesses. The platform facilitates the creation and management of bank or mobile money accounts, providing users with access to essential financial services. By collaborating with banks and payment processing firms, Riby assists middle to low-income earners in automating savings processes, securing collateral-free loans, and making payments through various efficient channels. This comprehensive approach enables clients to effectively manage their finances and enhance their growth potential.

Baby Grubz

Seed Round in 2017
Baby Grubz is a social enterprise based in Lagos, Nigeria, founded in 2013, that focuses on providing nutrition solutions for infants. The company produces a variety of affordable dried homemade cereals, grains, fruits, vegetables, and condiments designed to create nutritious and convenient meals for babies. Its product line includes organic infant cereals, meals, snacks, and fresh homemade options aimed at addressing moderate malnutrition and micronutrient deficiencies. By offering these wholesome food products, Baby Grubz enables parents to enhance the nutritional status of their children effectively.

PiggyVest

Seed Round in 2017
PiggyVest is a financial technology company based in Nigeria that provides an automated savings platform aimed at helping individuals and businesses manage their finances efficiently. The platform enables users, particularly from low- and middle-income backgrounds, to save small amounts of money regularly—whether daily, weekly, or monthly—thereby promoting sustainable savings habits. By automating the saving process, PiggyVest reduces the temptation to withdraw funds prematurely, as users can only access their savings on predetermined withdrawal dates. The company previously operated as Piggybank.ng and has since acquired a microfinance bank license. All funds saved through the platform are securely managed by a licensed asset management company. PiggyVest also facilitates the earning of competitive interest rates on savings, enhancing the value of users' money while eliminating withdrawal and monthly fees, thereby making financial management accessible and user-friendly.

Lekki Peninsula Affordable Schools

Seed Round in 2015
Lekki Peninsula Affordable Schools (LPAS) is a low-cost private school chain in Nigeria designed to deliver high-quality education to low-income families. Operating as a social enterprise, LPAS aims to make education accessible to those at the bottom of the economic pyramid by implementing an all-inclusive fee structure that covers tuition, books, uniforms, exams, and after-school lessons, including Saturday classes. The school offers a flexible payment system, accommodating families who prefer to pay weekly. LPAS ensures that students learn in a safe and clean environment while also providing a range of extracurricular activities such as sports, drama, leadership training, and arts. Through these initiatives, LPAS seeks to equip students with the skills necessary for socially responsible and economically productive lives.
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