About Heirs Holdings
Heirs Holdings is a venture capital firm founded in 2010. It is primarily based out of Lagos, Nigeria. As of Dec 2014, Heirs Holdings has invested in 13 companies. It primarily invests in Seed round in Norway based startups. Its investments are spread across a wide range of sectors from Energy to Financial Services and Healthcare. Most recently it participated in the $***** Seed round of Wonderloop Overall, Heirs Holdings portfolio has seen 4 IPOs including key companies like United Bank for Africa, Seadrill and Transcorp. Heirs Holdings has team of 42 people including 9 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Rounds of Entry
Post IPO & Seed
Portfolio IPOs
Heirs Holdings' List of Top Investments
Heirs Holdings has a portfolio of 13 companies. Their most notable investments include United Bank for Africa and Seadrill.Their portfolio spans across Nigeria, Norway and United States. They have invested in Energy, Financial Services, Healthcare and 7 other sectors, across stages such as Post IPO, Seed stages. Here is the list of top investments by Heirs Holdings:
Commercial bank. The bank offers digital, energy banking, SME services, financial management, investment services, robust online banking, pension custody and related services. It also provides infrastructure finance, commodity services for structured solutions to key governments.
Key facts about United Bank for Africa
- Founded Year: 1949
- Location: Lagos (Nigeria)
- Stage: Public
- Total Funding till date: $7M
- Employee Count: 17,801 as on Jul 31, 2026
- Investors: Heirs Holdings, Musa Capital and 1 Other
- Latest Funding Round: Conventional Debt, Jun 13, 2017, $*****
- Highlight: Public
2. Seadrill
In 2022, the company recorded annual revenues of $1.07B and a net profit of $3.62B.
Key facts about Seadrill
- Founded Year: 1972
- Location: Houston (United States)
- Stage: Public
- Employee Count: 5,883 as on Jul 31, 2026
- Investors: Heirs Holdings
- Latest Funding Round: Conventional Debt, Jul 02, 2018, $*****
- Highlight: Public
United Capital plc is an investment holding company which together with its subsidiaries, provides investment banking, portfolio management, securities trading, and trusteeship services in Nigeria. The company provides investment banking services & project finance services. Offers asset management products and services, comprising mutual funds that include balanced, equity, bond, and money market funds; portfolio and wealth management services; and investment advisory services for corporate institutions, government agencies, high net worth individuals, and retail investors. In addition, the company offers trustee services, which comprise bonds trusteeship and private trusts, as well as acts as trustee to various collective investment schemes; and securities trading services, including receiving agents to new issues, stockbrokers to primary issues, and advisers to small and medium enterprises, as well as equity portfolio management and securities dealing services.
Key facts about United Capital
- Founded Year: 1964
- Location: Lagos (Nigeria)
- Stage: Funding Raised
- Employee Count: 360 as on Jul 31, 2026
- Investors: Heirs Holdings
4. Transcorp
Key facts about Transcorp
- Founded Year: 2005
- Location: Lagos (Nigeria)
- Stage: Public
- Employee Count: 249 as on May 31, 2026
- Investors: Heirs Holdings
- Highlight: Public
Provider of health management and insurance plans. It offers various health plans tailored to individuals, families, and businesses. These plans provide access to healthcare services, including coordination of care and bill payment. The company also offers additional services such as on-site health risk assessments and occupational health management. Its plans cover a range of medical needs and aim to remove financial barriers to accessing healthcare.
Key facts about Avon Healthcare
- Founded Year: 2012
- Location: Lagos (Nigeria)
- Stage: Funding Raised
- Employee Count: 255 as on Jul 31, 2026
- Investors: Heirs Holdings
Heirs Holdings' Investments by Stage
Heirs Holdings has made 1 investment in Post IPO stage and 1 investment in Seed stage.Heirs Holdings' Investments by Sector
Heirs Holdings has a diverse portfolio, with companies operating in the Consumer, Energy and Media & Entertainment. Notably, it has invested in 7 Enterprise (B2B) companies, 3 Consumer (B2C) companies, 3 Tech companies and at least 2 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 1 |
Energy | 1 |
Media & Entertainment | 1 |
Note: We have considered here, only first round of investments
Heirs Holdings' Investments by Geography
Heirs Holdings has made most investments in Norway (1), followed by United States where it has made 1 investment.Heirs Holdings' recent investments
Heirs Holdings has not made any investment in 2026 so far.Here are the most recent investments by Heirs Holdings:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Dec 04, 2014 | Norway | Seed | 1795 | - | |
Sep 03, 2013 | United States | Post IPO | 2925 | - |
IPOs and Publicly Listed companies in Heirs Holdings' Portfolio
4 of Heirs Holdings' portfolio companies have become public. Seadrill got listed on the New York Stock Exchange (NYSE), in Apr 2010 and United Bank for Africa got listed on the Nigerian Stock Exchange (LAG) at marketcap of $509M.Here are Heirs Holdings' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 12, 2010 | Sep 03, 2013 | Post IPO | 5801 | |
Mar 31, 1970 | - | - | 8812 | |
- | - | - | 5277 | |
- | - | - | 4308 |
Team profile of Heirs Holdings
Heirs Holdings has a team of 42 members including 9 Partners and 11 Principals located in Nigeria, United Kingdom and 1 more location. Heirs Holdings' team does not sit on the board of any company as of now.Here is a list of top team members in Heirs Holdings:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Nigeria | - | ||
Partner | Nigeria | - | ||
Partner | Nigeria | - | - | |
Partner | France | - | ||
Partner | Nigeria | - | ||
Partner | United Kingdom | - | ||
Partner | Lagos | - | - | |
Partner | Nigeria | - | - | |
Partner | - | - | ||
Principal | Nigeria | - | ||
Principal | Port Harcourt | - | - |
Co-investors of Heirs Holdings
Over the past 13 years, 3 investors have co-invested in Heirs Holdings's portfolio companies. This includes funds and angels.
- Invested before Heirs Holdings: JB Ugland and Innovasjon Norge have invested in rounds before Heirs Holdings. There is 1 company where JB Ugland has invested before Heirs Holdings and 1 company where Innovasjon Norge has invested before Heirs Holdings.
- Invested after Heirs Holdings: Evan Luthra (1 company) is the only investor which has invested in Heirs Holdings's portfolio after their investments.
Recent News related to Heirs Holdings
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Elumelu Unveils Strategy To Democratize Prosperity With Heirs Holdings’ New ListingsInvestors King•Aug 29, 2024•Heirs Holdings
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Heirs Holdings Unveils Heirs Technologies for African Tech InnovationInvestors King•Mar 11, 2024•Heirs Holdings, Heirs Technologies
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