Trove Technologies - About the company
Trove Technologies is a seed company based in Lagos (Nigeria), founded in 2018 by Oluwatomi Solanke and Opeyemi Olanipekun. It operates as a Platform to invest in public traded equity, bonds & crtypto assets. Trove Technologies has raised $120K in funding from investors like Asset & Resource Management Company, Lagos Angel Network and Ventures Platform. The company has 988 active competitors, including 77 funded and 71 that have exited. Its top competitors include companies like Groww, Robinhood and Public.
Company Details
Trove Finance is a platform to invest in public traded equities, bonds, mutual funds, and crypto assets. The platform accepts debit cards issued by the Nigerian banks & also some international cards. The minimum investment amount is ₦500. The app is available for Android platforms.
- Website
- troveapp.co
- Social
- Email ID
- *****@troveapp.co
- Phone Number
- +234 **********
Key Metrics
Founded Year
2018
Location
Lagos, Nigeria
Stage
Seed
Total Funding
$120K in 4 rounds
Latest Funding Round
Investors
Ranked
84th among 988 active competitors
Employee Count
23 as on May 31, 2026
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Trove Technologies's funding and investors
Trove Technologies has raised a total funding of $120K over 4 rounds. Its first funding round was on May 03, 2019. Its latest funding round was a Seed round on Apr 15, 2024 for $*****. 1 investor participated in its latest round. Trove Technologies has 9 institutional investors.
Here is the list of recent funding rounds of Trove Technologies:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 15, 2024 | 8448796 | Seed | 8203700 | 6120088 | 6355761 | 9877431 |
Jun 18, 2020 | 6553012 | Seed | 3152390 | 5476005 | 9581165 | 3221388 |
Dec 09, 2019 | 7994349 | Seed | 5924132 | 6639171 | 6470913 |
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Trove Technologies' founders and board of directors
Founder? Claim ProfileThe founders of Trove Technologies are Oluwatomi Solanke and Opeyemi Olanipekun.
Here are the details of Trove Technologies' key team members:
- Oluwatomi Solanke: Co-Founder & CEO of Trove Technologies and founder of 1 other company.
- Opeyemi Olanipekun: Co-Founder & CTO of Trove Technologies.
View details of Trove Technologies's Founder profiles and Board Members
Trove Technologies' employee count trend
Trove Technologies has 23 employees as of May 26. Here is Trove Technologies's employee count trend over the years:
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Trove Technologies's Competitors and alternates
Top competitors of Trove Technologies include Groww, Robinhood and Public. Here is the list of Top 10 competitors of Trove Technologies, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of an online platform for investments and trading services | $596M | 89/100 | ||
2nd |  Robinhood 2013, Menlo Park (United States), Public | Broker-based online trading and investment platform | $5.73B | 87/100 | |
3rd | Public 2019, New York City (United States), Series D | Multi-asset investment platform for individuals | $421M | 81/100 | |
4th | Freetrade 2015, London (United Kingdom), Acquired | App-based stock market trading platform | $165M | 79/100 | |
5th | Broker-based online trading and investment platform | $220M | 78/100 | ||
6th | Wealthsimple 2014, Toronto (Canada), Series F | Provider of financial services including investing, trading, saving, and borrowing | $1.29B | 78/100 | |
7th | App-based brokerage stock trading platform | $38.4M | 77/100 | ||
8th | Scalable Capital 2014, Munich (Germany), Series F | Automated investment platform for ETFs, equities, bonds, commodities, and real estate | $550M | 76/100 | |
9th | Online investing platform for stocks and mutual funds | $245M | 75/100 | ||
10th | Interactive Investor 1995, Leeds (United Kingdom), Acquired | Online trading and investment platform | $2.88M | 75/100 | |
84th |  Trove Technologies 2018, Lagos (Nigeria), Seed | Platform to invest in public traded equity, bonds & crtypto assets | $120K | 51/100 |
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Trove Technologies's Investments and acquisitions
Trove Technologies has made no investments or acquisitions yet.
Reports related to Trove Technologies
Here is the latest report on Trove Technologies's sector:
News related to Trove Technologies
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JumiaPay Nigeria partners Trove Finance to simplify investingBusinessDay•May 18, 2023•Jumia Nigeria, Trove Technologies
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Trove introduces Bitcoin trading to its micro-investment siteTechgist Africa•Jan 27, 2021•Trove Technologies
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Nigerian micro-investments startup Trove raises funding from 3 angel networksDisrupt Africa•Jun 18, 2020•Trove Technologies, Lagos Angel Network, SSE, Diaspora
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Nigerian micro-investing startup Trove raises funding from ARMDisrupt Africa•Jan 03, 2020•Trove Technologies, Asset & Resource Management Company
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Arm Buys Into Trove To Enhance Investment OpportunitiesInnovation-village•Dec 13, 2019•Asset & Resource Management Company, Trove Technologies
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Trove Finance Secures Undisclosed Funding From Ventures PlatformInnovation-village•May 03, 2019•Trove Technologies, Ventures Platform
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