Trove Technologies - About the company
Trove Technologies is a seed company based in Lagos (Nigeria), founded in 2018 by 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 1582 active competitors, including 105 funded and 109 that have exited. Its top competitors include companies like Robinhood, Groww 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
- 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
103rd among 1582 active competitors
Employee Count
26 as on Aug 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:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 15, 2024 | 2588545 | Seed | 6173423 | 9235628 | 5493147 | 8033427 |
Jun 18, 2020 | 6826656 | Seed | 1294666 | 7892800 | 8737616 | 7608524 |
Dec 09, 2019 | 3358508 | Seed | 4313619 | 1339297 | 4607728 |
View details of Trove Technologies's funding rounds and investors
Trove Technologies' founders and board of directors
Founder? Claim ProfileThe founders of Trove Technologies is Opeyemi Olanipekun.
Here are the details of Trove Technologies' key team members:
- 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 26 employees as of Aug 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 Robinhood, Groww 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 | Robinhood 2013, Menlo Park (United States), Public | Broker-based online trading and investment platform | $5.73B | 89/100 | |
2nd | Provider of digital brokerage services for stocks and mutual funds | $596M | 88/100 | ||
3rd | Public 2019, New York City (United States), Series D | Multi-asset investment platform for individuals | $421M | 80/100 | |
4th | Freetrade 2015, London (United Kingdom), Acquired | App-based stock market trading platform | $165M | 79/100 | |
5th | Provider of online trading platforms for stocks bonds and derivatives | $549M | 78/100 | ||
6th | Wealthsimple 2014, Toronto (Canada), Series F | Provider of financial services including investing, trading, saving, and borrowing | $1.29B | 77/100 | |
7th | Online investing platform for stocks and mutual funds | $515M | 77/100 | ||
8th | Broker-based online trading and investment platform | $220M | 77/100 | ||
9th | Developer of financial service products and infrastructure for Indian residents | $146M | 77/100 | ||
10th | Scalable Capital 2014, Munich (Germany), Series F | Provider of a digital investment and brokerage platform | $550M | 77/100 | |
103rd | Trove Technologies 2018, Lagos (Nigeria), Seed | Platform to invest in public traded equity, bonds & crtypto assets | $120K | 50/100 |
Looking for more details on Trove Technologies's competitors? Click here to see the top ones
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
•
JumiaPay Nigeria partners Trove Finance to simplify investingBusinessDay•May 18, 2023•Jumia, Trove Technologies
•
Trove Finance, a global share dealing app based in Nigeria, has won the Ecobank Fintech Challenge for 2021Techgist Africa•Dec 19, 2021•Trove Technologies, Ecobank
•
Trove introduces Bitcoin trading to its micro-investment siteTechgist Africa•Jan 27, 2021•Trove Technologies
•
Nigerian micro-investments startup Trove raises funding from 3 angel networksDisrupt Africa•Jun 18, 2020•Trove Technologies, Lagos Angel Network, SSE, Diaspora
•
Nigerian micro-investing startup Trove raises funding from ARMDisrupt Africa•Jan 03, 2020•Trove Technologies, Asset & Resource Management Company
•
Arm Buys Into Trove To Enhance Investment OpportunitiesInnovation-village•Dec 13, 2019•Asset & Resource Management Company, Trove Technologies
•
DriveWealth Partners with Sigma Securities and Trove Technologies to Launch First Digital U.S. Equities Trading Product in NigeriaPR Newswire•Jul 01, 2019•DriveWealth, Sigmasecuritiesltd, Trove Technologies, Trove
•
Nigerian micro-investment portal Trove to use Ventures Platform investment to scale operationsVentureburn•May 09, 2019•Trove Technologies, Ventures Platform
•
Trove Finance Secures Undisclosed Funding From Ventures PlatformInnovation-village•May 03, 2019•Trove Technologies, Ventures Platform
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