EchoVC Partners

EchoVC Partners is a prominent seed and early-stage venture capital firm with a primary focus on financing and nurturing technology companies across Sub-Saharan Africa, particularly in Nigeria. Founded by Eghosa Omoigui, a seasoned venture capitalist with prior experience at Intel Capital, the firm has established itself as a key player in the burgeoning African tech ecosystem. While their core geographic interest lies in Africa, EchoVC also maintains a strategic presence and invests in select technology ventures in the United States, aiming to foster cross-pollination of innovation and best practices between these markets.

The firm's investment philosophy centers on identifying and backing exceptional founding teams that are leveraging technology to address significant market opportunities and solve critical problems. EchoVC is known for its hands-on approach, providing not just capital but also strategic guidance, operational support, and access to a robust network of industry experts and potential partners. They seek companies with scalable business models, strong unit economics, and the potential for significant societal and economic impact, often focusing on sectors such as fintech, e-commerce, logistics, and enterprise software.

EchoVC Partners has demonstrated a strong commitment to the African tech landscape through multiple funds. For instance, their EchoVC Pan-Africa Fund II successfully closed at $40 million in 2019, underscoring investor confidence in the region's growth potential. The firm typically deploys initial checks ranging from $250,000 to $2 million, targeting companies at the seed and early Series A stages. With a portfolio that includes investments in over 50 companies, EchoVC has played a crucial role in supporting the growth of several successful African startups, contributing significantly to the continent's digital transformation and economic development.