At a Glance
TLcom Capital was founded in 2010 and has established itself as one of Africa's most prominent venture capital firms, with offices in Lagos, Nairobi, and London. The firm focuses exclusively on technology-enabled businesses across Sub-Saharan Africa, investing from seed through Series B stages. TLcom has been instrumental in the growth of Africa's technology ecosystem, backing companies that address fundamental challenges across the continent in sectors including fintech, logistics, education, and enterprise software. Notable portfolio companies include Andela (developer training), Kobo360 (logistics), uLesson (education technology), and Autochek (automotive marketplace). The firm's team combines local market expertise with international investment experience, enabling them to identify promising startups and help them scale across multiple African markets. TLcom has raised multiple funds totaling over $300 million and has been recognized as one of the most active investors in African technology, playing a crucial role in developing the continent's startup ecosystem.
“Invests in technology-enabled businesses across Sub-Saharan Africa that can scale to serve the continent's fast-growing digital economy.”
TLcom primarily invests at the Seed, Series A, Series B stages. This means they focus on companies that are building their initial product and finding product-market fit.
TLcom is headquartered in Lagos, Nigeria. Many of their portfolio companies are also based in this region, though they invest across geographies.
TLcom focuses on investments in Fintech, Enterprise, SaaS, Digital Health, Agriculture. Their portfolio reflects deep expertise and networks within these sectors.
TLcom's typical investment check size ranges from $500K to $10M. Actual amounts may vary based on the stage, sector, and specific opportunity.
TLcom manages approximately $300M in assets under management (AUM) across their funds.