Founders
The Founder Institute has helped to launch approximately 3,500 companies worldwide, and we will double that number over the next 12 months. These companies have created in excess of 15,000 jobs and approximately $20 billion in shareholder value.
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Ugo Nwagu
Flex-E-Rent Africa
An all-in-one on-demand rental housing marketplace that connects urban dwellers looking for flexible short-term or…
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Tunji Olalekan
CoRenters Technology
Pappybots is helping business that has e-commerce websites increase their website conversions from the typical…
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Stephanie Ede
ReHboX
ReHboX is an AI-powered digital therapeutics company that offers personalized & fun-filled exercise-based therapies to…
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Stanley Ogundana.
CrossBoda
CrossBoda is developing a logistics hub to connect entrepreneurs or individuals with dispatch riders/ transporters…
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Rita Ohaedoghasi
Granula
A survey platform that gathers gathering data and rewards users with cash and airtime points.
Yusuf Shittu
Co-founder, Neo Childcare
A Digital Child Health service provider bridging the gap of access to healthcare for children especially in Nigeria by bringing basic healthcare as close to them as possible and empowering parents especially moms with the knowledge to safeguard the health of their children using mobile and digital tools.
Wale Ogunjobi
CEO, SabiTeach
A platform that helps learners connect to vetted tutors
Vertical: Edutech
Business Model: B2C
SabiTeach helps learners connect to vetted tutors with a learning style algorithm that allows learners search and find a preferred tutor. The Nigerian education sector which is estimated to be US$10 billion, we intend to get 10% of the market share. SabiTeach tutor-marketplace solution easily differentiates itself from other solutions, leveraging the power of technology to Measure, monitor and improve the learning outcomes of student, Scale both sides of the marketplace resulting in lesser charges for the learners and higher commissions for the tutors, Create public ratings and reviews of tutors making it possible for clients to work with tutors who have a proven track record of success. The company has already on-boarded about 100 vetted tutor through an online tutor marketplace application portal. SabiTeach is looking to raise $200,000 on a $2 MM pre-money valuation to develop and market our product ( web and mobile app) and train, vet and on-board tutors on a National scale
Victoria Madedor
Co-founder, AgroVerified
Agroverified is a leading integrity ecosystem for agri-business across the world, we provide verified information on farmer’s products, farmlands, farmer’s geo-location, and crop types for transparent business transactions on a secure digital platform
Victor Ugochukwu
Co-founder, StoreLoad
Offers an online marketplace for owners of storage spaces and facility owners for people looking to rent safe spaces using an on-demand approach
Ugo Nwagu
Flex-E-Rent Africa
An all-in-one on-demand rental housing marketplace that connects urban dwellers looking for flexible short-term or long-term housing to its network of entire or shared, furnished, or unfurnished spaces for a few nights, a few months, or as long as they want.
Udim Akpan
Co-founder, Crowd Technologies.
Crowd Technologies facilitates access to basic financial services for low-income, unbanked, underbanked population in remote areas using a low technology solution. Out of the 66 million unbanked adult population in Nigeria, an estimated 23 million people still save money at home. Our solution is offering a digitised version of the informal financial system which is not alien to customers. The company’s financial application will allow people in disconnected communities to save money in their various capacities, invest in businesses around them, and access micro-credit facilities while building their credit score. The founder was among the first set of people that invested in Farmcrowdy (now Crowdyvest). In 2017, he discovered that smallholder farmers were being mobilized to farm for Farmcrowdy in exchange for a token fee.The truth is that without economic inclusion, financial inclusion will still remain a mirage. The company’s idea is not just to build another financial application but also to build a platform that will create economic opportunities for people in disconnected communities.The Company is currently at the MVP stage.
Uchenna Obianeli
Co-founder, El-Aman Foodcourt
El-Aman Foodcourt has designed a solution that will deliver hygienically prepared and affordable meals to mass-market consumers located in several markets and large specialized cluster areas in Lagos through our proprietary designed, tech-enabled food carts manned by trained personnel. El-Aman will leverage its competence and assets to address the needs of other customer segments in the food industry as part of its future growth plans.
Tunji Olalekan
CoRenters Technology
Pappybots is helping business that has e-commerce websites increase their website conversions from the typical 2-3% to over 10% by using chatbots that have talking avatars.
Tunde Akinnibosun
Co-founder, Medhelp247
Medhelp247 provides convenient access to first level healthcare services for relatively minor ailments. Analysis of NCC data provides an estimate of 143 Million potential users of the platform. Currently, there are no other platforms providing automated diagnostic services in Nigeria. The company is still at the Product conceptualization and development stage and hoping to launch soon. The platform will provide simple medical diagnostic services to people who cannot afford the time to go to a hospital. The platform will be built on Artificial Intelligence and will work with a network of Diagnostic Centers and Pharmacies to complete the curative process for simple ailments.
Tope Sulaimon
Co-founder, Scrapays
A platform to recover recyclable materials.
Vertical: Environment
Business Model: B2B
Scrapays makes USSD, mobile and web applications to facilitate the recovery of recyclable material, allowing individuals and businesses in the informal sector to sell their scrap and scrap-able materials at premium prices. Our system allows for existing informal material collection businesses to manage their funds and operations, helping them establish the operational wordiness of their vendors and mitigating operational losses that are typical of long tedious value chains, with our provision of live collection data to drive fund allocation for collection. We are creating a convergent structure around formal and informal material recovery players to ensure effectiveness, to get usable materials off streets and landfills in developing nations. The scrap collection market in Nigeria from 2013 estimated a $60.33 Million scrap and processed material export activities to other West African countries in comparison to nearly $117 Billion in economic activity generated in the USA in 2017 alone at just 53.2% material recovery rate in a market worth USD $277.12 Billion in 2015 and projected to reach USD $406.16 Billion by 2020. In our testing phase, we have collected 44.90 tonnes of scrap metal directly and made a revenue of 6,190,300 NGN, with a healthy log of scrap material purchase profile in our catalog awaiting initiation.
Tope Alake
CEO, CAST.I.NG
A web platform for producers to remotely audition and hire actors
Vertical: Entertainment
Business Model: B2B
www.cast.i.ng helps producers to remotely audition and hire actors online, saving time, money and disregarding geography and time zones. About 1,000,000 actors across Africa. www.cast.i.ng Is being lead by industry thought leaders, who have traction as casting Directors themselves, adding digital to it just makes it better than anyone else in the market; who are still organizing physical auditions only. WE have built our MVP portal. (But not an APP yet) less than 50 subscribers have joined the Beta stage, no payments received yet. being offered for free. www.cast.i.ng is looking at raising $100,000 So we can finish the App in several African languages and have online representation in specific African cities where film making is a thing. Lagos, Accra, Abuja, Johannesburg, Cape town, Kigali, Nairobi etc.
Titilope Adewusi
CEO, 9ija Kids
An online platform that makes learning fun and revising effortless.
Vertical: Edutech
Business Model: B2C
9jakids is a mobile experience that is equipping children and young adults about money to help them become financially independent adults, create wealth and reduce poverty. The Edtech and Gamification in Africa is estimated at $1bn and projected to grow to $1.8bn by 2024. Moniihustle is more than a game, we are creating experiences witMoniihustle is not just a game, we are creating a lifestyle experience which involves game, a vibrant community with rewards such as visits to CEO/Founders, Industry leader, master classes, internship programs, etc. Idea stage
Steve Dakayi Kamga
Co-Founder, BetaStore
A platform that connects small retailers to manufacturers
Vertical: E-commerce
Business Model: B2B
BetaStore connects small retailers to manufacturers to simplify their access to goods and financing. There are over 1 million small retailer in Nigeria and 500,000 in Lagos only. Small retailers can order anytime they want and get delivery next day of all their products instead of going all the way to the bulk market once or twice a week. We planned to launch our MVP end of March. BetaStore is looking to raise $250k for 10% Equity to onboard the team and get to 5000 active retailers.
Stephanie Ede
ReHboX
ReHboX is an AI-powered digital therapeutics company that offers personalized & fun-filled exercise-based therapies to people with acute & chronic musculoskeletal conditions such as (neck, shoulder, chronic back, hip & knee pain).
Stanley Ogundana.
CrossBoda
CrossBoda is developing a logistics hub to connect entrepreneurs or individuals with dispatch riders/ transporters closest to them.
Seun Abimbola
Co-Founder, Rentit
An online marketplace that makes it easy for you to rent anything without leaving your location
Vertical: Logistics
Business Model: B2C
Rentit is an online marketplace that makes it easy for you to rent anything without leaving your location. Bloomberg estimates Africans spend more than $100 billion annually renting things in various categories with party rentals being the major category of rentals. Our platform makes it easy for you to rent, transport, insure and install where necessary the items being rented. We have launched in Lagos and we have more than 100 renters with more than 1500 listed items, with more than 100 transactions consummated earning us revenue of more than N3 million in four months. Our plans over the next twelve months are to increase to twelve, the number of cities we are operational and to increase the number of transactions carried out by our customers to 100,000, earning revenue of more than a million dollars. We are looking to raise $150,000 in convertible debt to allow us to deliver this.
Seth Usanga
Founder, Padimi
A mobile platform that enables easy access to the financial service market.
Vertical: Fintech
Business Model: B2C
Padimi is a fintech mobile application , designed to improve the lives of the poor and low income earners, padimi helps create credit profiles which will aid users of the application get easy access to financial service market , healthcare markets and insurance markets . Nigeria has a population of about 200 million people with over 70% earning below a $100. This 70% make up a majority of the low income earners . Padimi’s aim is to try and capture 20%the Nigerian Fintech service market which is currently Valued at About $350 million dollars and expand to the African Market which is valued at $50 billion dollars . What makes padimi is unique is that we are currently the only fintech service platform offering aggregation of fintech services , healthcare services and insurance service providers under one platform. We are truly unique in that we offer HMO, INSURANCE AS BENEFITS FOR USING OUR FINTECH PLATFORM. Padimi’s growth plan is to try and capture 20% of the Nigerian fintech market in the next 3 years , and branch out into other west African and east African countries in the next 5 years . By our 10th year we hope to be spread to all developing nations round the world. By this time we hope to be generating revenue in excess of $500 million dollars.
Samuel Anthony Tebandeke
Co-founder, Kiasi TV
Kiasi TV is a multi-format streaming platform catering for people of African descent globally audiences looking for short form video and audio Afrocentric content. 121 MM users in Africa consume content through subscription VOD platforms with a combined revenue of $1.5 BN in projected annual revenue for 2020. Kiasi TV is a unique content platform that provides innovative content, caters to a market segment for content that is still fresh and has renewed interest and provides audio, video and eventually gaming content with social interaction between users and creators at the heart of the service. The company has over 2,200 site visits. We have a beta website currently running and are currently rebranding the company as well as build a MVP with more functionality and ability to pay with mobile money across Africa. Kiasi TV is developing a multi-format streaming platform to help digitally native millennials and Generation Z of African descent access innovative short form Afrocentric video, User Generated and audio content with the possibility for users to interact within a social platform. By connecting audiences to engaging content from the convenience of their favourite device, Kiasi TV enables audiences to learn about the various African cultures because Africa is not a country. The platform exists for its subscribers by curating content consumption experiences to meet their ever changing needs and desires. Kiasi TV exists to also provide a means of sustenance for its diverse creators. Acquiring and eventually commissioning content will provide a pull factor for short form content creators of African descent who have limited options to distribute their work. This will create an impetus in various industries which will grow and provide employment to the many young people who are its greatest beneficiaries. It will also create opportunities for the support industries that benefit from the content creation machine e.g film gear rentals, gameplay streaming, audio studios etc.
Rita Ohaedoghasi
Granula
A survey platform that gathers gathering data and rewards users with cash and airtime points.