About LoftyInc Capital
LoftyInc Capital is a venture capital firm founded in 2017. It is primarily based out of Ikeja, Nigeria. As of May 2026, LoftyInc Capital is an active investor, having invested in 11 companies, with 3 new investments in the last 12 months. It primarily invests in Seed round in Egypt based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Retail. Most recently it participated in the $***** Series A round of Cauridor Overall, LoftyInc Capital portfolio has seen 1 unicorn and 1 acquisition, namely Andela and Vella Finance. A lot of funds co-invest with LoftyInc Capital, with names like Creator Ventures sharing a substantial percentage of its portfolio. LoftyInc Capital has team of 13 people including 9 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed & Series A
Portfolio Acquisitions
Portfolio Unicorns
LoftyInc Capital's List of Top Investments
LoftyInc Capital has a portfolio of 11 companies, one of which is a Unicorn. Their most notable investmentis in WafRTheir portfolio spans across United States, Egypt, South Africa and 3 more locations. They have invested in Enterprise Applications, High Tech, Retail and 5 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by LoftyInc Capital:1. Andela
Tech talent training and employment solutions provider. The platform allows candidates to learn, develop skills and create a talent pool. It provides services for employers such as sourcing, assessment, matching candidates to the jobs, and more.
Key facts about Andela
- Founded Year: 2014
- Location: New York City (United States)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $381M
- Employee Count: 1,285 as on Jul 31, 2026
- Investors: Western Technology Investment, Generation Investment Management and 55 Others
- Latest Funding Round: Series E, Sep 29, 2021, $*****
- Highlight: Editors' Pick
2. Jem
Provider of workforce management software accessible through mobile messaging applications. This platform enables employers to distribute documents, manage rosters, track attendance, and facilitate communication with staff members. It provides tools for processing leave requests, distributing payslips, and managing employee benefits. The system integrates with existing payroll and human resources infrastructure to streamline administrative tasks for teams without dedicated office workstations.
Key facts about Jem
- Founded Year: 2020
- Location: Cape Town (South Africa)
- Stage: Series A
- Total Funding till date: $14M
- Employee Count: 131 as on Jul 31, 2026
- Investors: Creator Ventures, Musha Ventures and 12 Others
- Latest Funding Round: Series A, Aug 17, 2026, $*****
3. WafR
Platform offering loyalty solutions for offline businesses. It offers an application based platform to offer loyalty solutions for large retailers. The application allows users to open a grocery account and add funds to use in their business dealings. It also allows them to start selling goods on the platform itself and helps with all types of queries and questions. The solution enables users to increase market share, sales volume, and profit by guiding consumer choice. Its mobile application can be downloaded on Google Play Store and App Store.
Key facts about WafR
4. Cauridor
Connecting businesses to Africa through seamless, digital payment solutions. The company builds payment rails in Africa, enabling businesses to process money transfers and payments to, from, and within Africa via a single API integration. It offers international money transfer aggregation, cross-border payments, payment collection, and bulk disbursement services. The company partners with global money transfer firms, mobile networks, banks, and local fintech companies to digitize financial services and equip organizations with technology for global digital payments. It focuses on helping African customers go digital, ensuring payments are sent and received instantly. The company aims to empower the unbanked and drive a new era of a cashless Africa by developing payments technology in an African context, merging mobile money operators, banks, and merchants in a single platform to enable interoperable local and cross-border transactions.
Key facts about Cauridor
- Founded Year: 2022
- Location: Lewes (United States)
- Stage: Series A
- Total Funding till date: $13M
- Employee Count: 147 as on Jul 31, 2026
- Investors: Proparco, Flourish and 4 Others
- Latest Funding Round: Series A, May 11, 2026, $*****
- Highlight: Editors' Pick
Offering endpoint threat detection solutions. It provides a cyber security platform that offers solutions to detect attacks, respond effectively, and quickly remediate security incidents by using artificial intelligence technology. It also provides multi layer of business centric protection against cyber attacks.
Key facts about Nucleon Security
- Founded Year: 2019
- Location: Vanves (France)
- Stage: Seed
- Total Funding till date: $3.52M
- Employee Count: 40 as on Jul 31, 2026
- Investors: Axian, Orange Ventures and 3 Others
- Latest Funding Round: Seed, Sep 09, 2025, $*****
LoftyInc Capital's Year-on-Year Investment Trends
LoftyInc Capital has invested in 11 companies over the last 5 years, with an average of 1 new investment annually in the last 5 years. In 2025, it made 3 investments, while as of May 2026, it has made 2 investments in this year. Its most recent first time investment was in Cauridor.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 2 | 0 | 2 |
2025 | 3 | 0 | 3 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 1 | 0 | 1 |
2021 | 2 | 0 | 2 |
LoftyInc Capital's Investments by Stage
LoftyInc Capital has made 7 investments in Seed stage with an average round size of $3.24M and 1 investment in Series A stage with an average round size of $2M.Stage of entry | No. of Investments |
|---|---|
Seed | 7 |
Series A | 1 |
Note: We have considered here, only first round of investments
LoftyInc Capital's Investments by Sector
LoftyInc Capital has a diverse portfolio, with companies operating in the Enterprise Applications, Enterprise Infrastructure, FinTech, Retail and Vertical SaaS. Notably, it has invested in 11 Enterprise (B2B) companies, 10 Tech companies, 7 Software companies and at least 5 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 7 |
Enterprise Infrastructure | 2 |
FinTech | 2 |
Retail | 2 |
Vertical SaaS | 2 |
Others | 5 |
Note: We have considered here, only first round of investments
LoftyInc Capital's Investments by Geography
LoftyInc Capital has made most investments in Egypt (2), followed by South Africa where it has made 2 investments.Country | No. of Investments |
|---|---|
Egypt | 2 |
South Africa | 2 |
United States | 2 |
France | 1 |
Morocco | 1 |
Note: We have considered here, only first round of investments
LoftyInc Capital's recent investments
LoftyInc Capital has made 2 investments in 2026 so far - Cauridor and WafR.Here are the most recent investments by LoftyInc Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 11, 2026 | United States | Series A | 8693 | [+1] | |
Feb 20, 2026 | Morocco | Seed | 6114 | ||
Sep 09, 2025 | France | Seed | 8317 | [+3] | |
Jun 10, 2025 | South Africa | Seed | 4763 | [+3] | |
Feb 11, 2025 | Egypt | Seed | 5055 | [+4] |
Unicorns in LoftyInc Capital's Portfolio
LoftyInc Capital has 1 unicorn in its portfolio - Andela. The most recent unicorn in their portfolio is Andela which became a unicorn in 2021, 4 years before LoftyInc Capital first invested in it.Here is a list of unicorns in LoftyInc Capital's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
68 | Tech talent training and employment solutions provider | 2014 | New York City | Series E | egbzbxx |
Acquired companies in LoftyInc Capital's Portfolio
1 company from LoftyInc Capital's portfolio has been acquired. The most recent acquisition was Vella Finance in Feb 2024 by Carbon for $*****.Here are LoftyInc Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 14, 2024 | - | - | 7675 |
Team profile of LoftyInc Capital
LoftyInc Capital has a team of 13 members including 9 Partners and 1 Venture Partner located in United States, Nigeria and 1 more location. LoftyInc Capital's team does not sit on the board of any company as of now.Here is a list of top team members in LoftyInc Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Nigeria | - | ||
Partner | - | - | ||
Partner | San Francisco | - | ||
Partner | Dubai | - | ||
Partner | Houston | - | ||
Partner | Carmel | - | ||
Partner | Lagos | - | ||
Partner | Abuja | - | ||
Partner | New York | - | ||
Venture Partner | - | - | - |
Co-investors of LoftyInc Capital
Over the past 5 years, 49 investors have co-invested in LoftyInc Capital's portfolio companies. This includes funds and angels.
- Invested before LoftyInc Capital: Chris Lister James, UM6PVentures and 9 others have invested in rounds before LoftyInc Capital. There is 1 company where Chris Lister James has invested before LoftyInc Capital and 1 company where UM6PVentures has invested before LoftyInc Capital.
- Top Co-investors of LoftyInc Capital: 31 investors entered a company along with LoftyInc Capital. These include investors like Creator Ventures (1 company).
- Invested after LoftyInc Capital: A total of 7 investors have invested in LoftyInc Capital's portfolio after their investments. Top Investors include Next176 (1 company), Quona (1 company) and UTF (1 company).
Recent News related to LoftyInc Capital
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Fintech WafR Raises $4M to Expand Peer-to-Peer Transfers & RemittancesCairoScene•Mar 25, 2026•Al Mada Ventures, LoftyInc Capital, First Circle Capital, UM6PVentures and 2 others
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Moroccan Retail Fintech WafR Raises $4M Seed RoundTech In Africa•Feb 23, 2026•Al Mada Ventures, LoftyInc Capital, Attijariwafa Bank
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Moroccan fintech WafR secures $4M to expand merchant‑driven digital paymentsInnovation-village•Feb 20, 2026•Al Mada Ventures, LoftyInc Capital, WafR, Attijariwafa Bank and 3 others
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Nucleon Security Secures €3M to Scale AI-Powered Cybersecurity Across AfricaInnovation-village•Sep 12, 2025•LoftyInc Capital, Axian, Nucleon Security, Orange Ventures and 3 others
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Jem Hr Closes $3m In Pre-series A Funding To Accelerate Growth And Product Developmenttechbuild.africa•Mar 25, 2025•Jem, Next176, Old Mutual, E4EAfrica and 5 others
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AI Widebot Raises $3 Million to Develop Arabic AI Model “AQL Mind”Meatechwatch•Mar 13, 2025•WideBot, Wafra, Enza Capital, DisrupTech and 4 others
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Egyptian AI startup Widebot secures $3 million in pre-Series A fundingInnovation-village•Mar 06, 2025•WideBot, Wafra, Enza Capital, DisrupTech and 5 others
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LoftyInc Capital Secures $43 Million for Third Fund to Propel Late-Seed and Series A Startups Across AfricaInnovation-village•Mar 05, 2025•LoftyInc Capital, Anava Capital, FMO, Proparco and 15 others
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LoftyInc Capital raises $43m to invest in seed and Series A startupsTechpoint.Africa•Mar 05, 2025•LoftyInc Capital, Flutterwave, Moove, Reliance Health and 14 others
