When was Rising Tide Africa founded?

Rising Tide Africa was founded in 2016.

Where is Rising Tide Africa's headquarters located?

Rising Tide Africa's headquarters is located in Lagos (Nigeria).

How many companies has Rising Tide Africa invested in?

Rising Tide Africa has invested in 11 companies, including Shuttlers & ANKA.

Which companies has Rising Tide Africa invested in lately?

ORORO WASTE & ANKA are the latest investments by Rising Tide Africa.

What sectors does Rising Tide Africa focus on for investments?

Top sectors in Rising Tide Africa's portfolio are Retail (2 investments) and Enterprise Applications (3 investments).

How many exits has Rising Tide Africa been involved in?

Rising Tide Africa's portfolio has seen 2 acquisitions.

Rising Tide Africa - 2026 Investor Profile, Portfolio & Investment Trends

Rising Tide Africa, established in 2016, is an angel investment group based in Lagos, Nigeria. It primarily focuses on Seed investments in companies in Nigeria. Its portfolio includes 11 firms, spanning the Retail, Enterprise Applications sectors. Its most notable investments include companies like Shuttlers, ANKA and Eden. As of Oct 2026, Rising Tide Africa has witnessed 2 portfolio exits. Its latest investment was a $1M Conventional Debt round in ORORO WASTE on Sep 16, 2026.

To date, 35 investors have co-invested in Rising Tide Africa's portfolio companies, including prominent names like VestedWorld.

Key Metrics

Founded Year

2016

Location

Lagos, Nigeria

Portfolio Companies

Shuttlers, ANKA & 9 more

Sectors of Investment

Retail, Enterprise Applications & 11 more

Stages of Investment

Seed & Conventional Debt

Locations of Investment

Nigeria, United Kingdom & 3 more

View Rising Tide Africa's full profile

Rising Tide Africa has a portfolio of 11 companies. Their most notable investments are in Seso Global and Oze.Their portfolio spans across Nigeria, United Kingdom, Canada and 2 more locations. They have invested in Retail, Enterprise Applications, Consumer and 10 other sectors, across stages such as Seed, Conventional Debt stages. Here is the list of top investments by Rising Tide Africa:

1. Shuttlers

Online platform offering tech-enabled shared transportation services. It features scheduled mass-transit solutions, including air-conditioned buses, real-time tracking, and flexible payment options. The platform also includes services like Shuttlers for Business, EventGo, and vehicle rentals to cater to various commuting needs.

Key facts about Shuttlers

Founded Year: 2015
Location: Lagos (Nigeria)
Stage: Series A
Total Funding till date: $5.6M
Employee Count: 48 as on Jul 01, 2024
Investors: Consonance Investment Managers, VestedWorld and 11 Others
Latest Funding Round: Series A, Apr 04, 2023, $*****

2. ANKA

Platform offering marketplace cross-border solution for businesses. The platform helps to create a website with a custom domain name and linked with social media and marketplace channels. It offers a single dashboard to manage the orders, shipments, payments, and more.

Key facts about ANKA

Founded Year: 2016
Location: Abidjan (Ivory Coast)
Stage: Acquired
Total Funding till date: $13.5M
Employee Count: 196 as on Aug 31, 2026
Investors: Proparco, IFC and 10 Others
Latest Funding Round: Seed, Sep 19, 2023, $*****
Highlight: Acquired

3. Eden

Online platform to book home service providers. It provides a tech-enabled service that puts home chores on autopilot. Users can tell about their home needs and the platform will provide a gardener to complete all home tasks on behalf of the owner. Their app also allows users to monitor their status & can provide feedback where necessary. Their app is available for iOS and Android devices.

Key facts about Eden

Founded Year: 2019
Location: Lagos (Nigeria)
Stage: Seed
Total Funding till date: $1.4M
Employee Count: 77 as on May 31, 2026
Investors: Musha Ventures, Magic Fund and 10 Others
Latest Funding Round: Seed, Oct 08, 2022, $*****
Highlight: Editors' Pick

4. Oze

Provider of business management application and loan access for SMEs. The application offers tools for bookkeeping, invoicing, inventory management, and online sales. It also facilitates access to loans for small and medium-sized enterprises. Additionally, lending management solutions are available for financial institutions.

Key facts about Oze

Founded Year: 2016
Location: Accra (Ghana)
Stage: Seed
Total Funding till date: $3.7M
Employee Count: 95 as on Aug 31, 2026
Investors: Visa, DEG and 22 Others
Latest Funding Round: Seed, Feb 20, 2025, $*****
Highlight: Editors' Pick

5. Omnibiz

Provider of software solutions for grocery retailers. The solutions provided are sourcing and distribution management, inventory management, financing solutions for stock keeping, and supply chain management. The company claims it also provides logistics services and reports and insights.

Key facts about Omnibiz

Founded Year: 2010
Location: Lagos (Nigeria)
Stage: Seed
Total Funding till date: $8M
Employee Count: 611 as on Aug 31, 2026
Investors: Musha Ventures, Ventures Platform and 15 Others
Latest Funding Round: Seed, Jun 15, 2023, $*****
Highlight: Editors' Pick

View the full list of portfolio companies

Rising Tide Africa has invested in 11 companies over the last 5 years, with an average of 1 new investment annually in the last 5 years. As of Sep 2026, it has made 1 investment in this year. Its most recent first time investment was in ORORO WASTE.

Here are Rising Tide Africa's Year-on-Year Investment Trends:

Year	No. of Investments
Year	1^st Round	Follow-on	Total
2026 (YTD)	1	0	1
2025	0	0	0
2024	0	0	0
2023	0	0	0
2022	1	0	1
2021	6	0	6

View all investments by Rising Tide Africa

Rising Tide Africa has made 7 investments in Seed stage with an average round size of $2.21M and 1 investment in Conventional Debt stage with an average round size of $1M.

Here are Rising Tide Africa's investments by stage:

Stage of entry	No. of Investments
Seed	7
Conventional Debt	1

Note: We have considered here, only first round of investments

View all investments by Rising Tide Africa

Rising Tide Africa has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, Retail, Sustainability Tech and Transportation and Logistics Tech. Notably, it has invested in 9 Tech companies, 7 Consumer (B2C) companies, 5 Enterprise (B2B) companies and at least 4 companies focusing on Software.

Here are Rising Tide Africa's investments by sector:

Sector	No. of Investments
Consumer	5
Enterprise Applications	2
Retail	2
Sustainability Tech	2
Transportation and Logistics Tech	2
Others	9

Note: We have considered here, only first round of investments

View all investments by Rising Tide Africa

Rising Tide Africa has made most investments in Nigeria (5), followed by Ghana where it has made 1 investment.

Here are Rising Tide Africa's investments by geography:

Country	No. of Investments
Nigeria	5
Ghana	1
Ivory Coast	1
United Kingdom	1

Note: We have considered here, only first round of investments

View all investments by Rising Tide Africa

Rising Tide Africa has made 1 investments in 2026 so far - ORORO WASTE.

Here are the most recent investments by Rising Tide Africa:

Filter this list

Date	Company	Location	Round Details	Round Amount	Co-Investors
Sep 16, 2026	ORORO WASTE	Nigeria	Conventional Debt	1285	-
Jan 11, 2022	ANKA	Ivory Coast	Seed	6556	Investisseurs & Partenaires ... [+5]
Nov 16, 2021	Shuttlers	Nigeria	Seed	8694	VestedWorld [+10]
Oct 13, 2021	Eden	Nigeria	Seed	6344	LocalGlobe [+4]
Aug 10, 2021	Omnibiz	Nigeria	Seed	5469	Timon Capital [+5]

See more recent investments made by Rising Tide Africa

2 companies from Rising Tide Africa's portfolio have been acquired. The most recent acquisition was ANKA.

Here are Rising Tide Africa's portfolio companies that got acquired most recently:

Filter this list

Company	Acquisition Date	First Invested on	First Round of Investment	Round Size
ANKA	Oct 22, 2025	Jan 11, 2022	Seed	8121
Bankly	Mar 29, 2025	Mar 24, 2021	Seed	5119

View all acquired companies in Rising Tide Africa's portfolio

Over the past 5 years, 56 investors have co-invested in Rising Tide Africa's portfolio companies. This includes funds and angels.

Invested before Rising Tide Africa: Village Global, Samurai Incubate and 1 other have invested in rounds before Rising Tide Africa. There is 1 company where Village Global has invested before Rising Tide Africa and 1 company where Samurai Incubate has invested before Rising Tide Africa.
Top Co-investors of Rising Tide Africa: 35 investors entered a company along with Rising Tide Africa. These include investors like VestedWorld (2 companies).
Invested after Rising Tide Africa: A total of 18 investors have invested in Rising Tide Africa's portfolio after their investments. Top Investors include Verod-Kepple Africa Ventures (1 company) and IFC (1 company).