GetEquity, a Lagos based startup launched in May 2021, announced the close of six-figure pre-seed round led by GreenHouseCapital (Africa’s leading fintech investment fund and growth capital firm focused on helping early-stage businesses and world-class emerging market entrepreneurs). GetEquity’s mission is to build and support Africa’s largest startup financing ecosystem.
In a statement released by the co-founder and chief executive officer, Dike Jude, he outlined the company’s mission to refine and democratize access to startup funding thereby bringing many underfunded and underserved startups to the main scene. He said, “GetEquity is challenging the status quo of startup financing and venture capital. We are democratising access to startup funding and thereby expanding the pie for previously underfunded and underserved startups. This pre-seed round investment will enable us to kickstart our vision of building Africa’s biggest startup financing ecosystem,”.
GetEquity is a private marketplace for investors to find, create, and diversify investment portfolios by accessing new investment opportunities, trade-in digital security assets, invest in local SMEs and improve liquidity. Companies can as well trade digital securities and assets via tokens, and are connected to investors who can buy and sell these assets.
GetEquity provides a new and simple way to invest in young growing startups in Africa by democratizing access to angel investing. An entrepreneur can crowdfund investments on the platform. Each company listed on the platform can set their own minimum investment amount per round ( with the recommended minimum between $100 – $1000). The company has over 5 startup listed with them and are looking to add more to the list. The startups listed at launch are:
-Breeze: Facilitates corporate currency conversion and remittance.
-Onboarding: Helps organizations automate their employees’ onboarding experience.
–Nguvu Health: Provides users with on-demand remote treatment access at an affordable price.
–Fluidcoins: Help African users receive payments in cryptocurrencies.
–WeMove Technologies: Provides transportation and logistics services to the supply chain sector.