GetEquity, a Lagos-based technology startup redefining the venture capital and startup financing landscape has closed a six-figure pre-seed round led by GreenHouse Capital.
The close of this round also marks the launch of GetEquity’s first product: a first-of-its-kind venture funding platform that seamlessly connects entrepreneurs and investors, unlocking global capital for African and emerging market startups.
Founded by Jude Dike and William Okafor, GetEquity’s mission is to build and support Africa’s largest startup financing ecosystem. Startups can list themselves through the GetEquity platform and market to institutional investors and public users using the platform. GetEquity enables anyone to buy equity in a listed startup for as little as US$10.
GetEquity CEO and Co-founder Dike Jude commented, “GetEquity is challenging the status quo of startup financing and venture capital. We are democratizing access to startup funding and thereby expanding the pie for previously underfunded and underserved startups. This pre-seed round investment will enable us to kickstart our vision of building Africa’s biggest startup financing ecosystem. ”
GreenHouse Capital (GHC), the leading African fintech investment fund and platform focused on supporting early-stage companies and world-class emerging market entrepreneurs, led the pre-seed round. GetEquity benefited from GHC’s advisory services and direct mentoring from GHC Partner Bunmi Akinyemiju and Principal Ruby Nimkar.
Bunmi Akinyemiju, Founding Partner of GHC, commented, “we are proud to see GetEquity’s revolutionary platform launch. One of our missions at GHC is to bring African startups to the world. GetEquity’s platform advances this mission by democratizing access to the continent’s fastest-growing startups. We also believe in ‘founders backing founders’ and have been thrilled to directly work with GetEquity from an early stage.”
“The increased visibility that the platform will give African startups will inevitably result in larger investment rounds, faster closes, and an overall raising of the international profile of the African startup space.”
GetEquity’s startup funding platform is now live and can be accessed on the web, Android, and iOS.
The startups listed at launch include:- Breeze: facilitating currency conversions and transfers for businesses.
– Onboardly: helping organizations automate their employee onboarding experience.
– Nguvu Health: providing affordable and on-demand teletherapy access to users.
– Fluidcoins: helping African users receive payments in cryptocurrencies.
– WeMove Technologies: providing transport and logistics services to the supply chain sector.
In the coming months, GetEquity will be launching another product tailored to institutional investors and VCs.