Investor Type | Firm |
Type of Fund | VC |
Industries | Media • Education • Retail (& E-Commerce) • CleanTech • A.I. (& Big Data) • Gaming (& eSports) • Advertising • Developer tools • Nanotechnology • Online Social |
Stages | Seed, Startup, Early Stage |
Investing | United States • South Africa |
Investment Range | $25,000 - $30,000,000 |
EchoVC Partners is a venture capital fund based in Lagos, Nigeria, founded in 2011, and specializing in seed, early stage, and growth technology investments. They focus on a broad range of sectors including media, education, retail and e-commerce, clean technology, artificial intelligence and big data, gaming and eSports, advertising, developer tools, nanotechnology, and online social platforms. As an equity investor, EchoVC Partners actively engages with underrepresented founders, especially those of African descent, and underserved people of color markets across Africa, the United States, and the UK. With an investment range between $25,000 to $30 million, they are committed to financing innovative ideas and diverse teams that utilize technology to add value to mass markets. Their investment thesis emphasizes the potential of 'secrets' that may seem non-obvious at the outset but are poised to become evident in retrospect. EchoVC considers themselves a VC fund unapologetically investing in women and underrepresented founders, backing bold innovations and business models in various sectors. With over 80 years of combined team experience, EchoVC leads most deals they invest in, providing active support to the founders and teams, matching the founders' convictions with their effort and mentorship. Their portfolio reflects their dedication to smart planet initiatives, health and human services, emerging fintech, the next frontier in technology, commerce, media and entertainment, energy access, sustainable mobility, and connectivity. To date, their portfolio includes 36 companies, with more than 2,000 employees in these organizations, and they have deployed over $41 million while returning over $21 million. Their investments stretch across 12 countries, illustrating the breadth and diversity of their reach in supporting entrepreneurship and innovation. EchoVC fosters ongoing engagement with the African tech ecosystem and entrepreneurial events through their EchoPlex newsletter.