Organization Updates

We have some exciting updates to share and also a bit of disappointing news.

Just over two years ago, we welcomed Uche to our team as our first Associate Principal, Investments and Portfolio Management. In the time since then, she has exceeded expectations and worked on quite a number of different transactions. More importantly, she displayed leadership in being an incredibly valued team member and mentor to our less experienced team members while making meaningful contributions to the portfolio, our founders and the ecosystem at large.

So when she voiced her interest in picking up operational experience, we were disappointed at the prospect of losing her but understood that going into the thick of things in a high-growth startup would only be beneficial to her long-term knowledgebase and the expectations for the evolution of her career.

We are sad to see her go but glad she will remain close to us as she will be joining our newest portfolio company (to be announced shortly) as their new COO. Our warmest congratulations on her new gig and we fully expect she will continue to make us proud.

Additionally, as some of you may have noticed, our team has grown quite a bit and we are thrilled to share more about our new team members and some slight modifications to our organization.

Legal, Compliance & Corporate Development:

As we have grown, and our full stack investing and portfolio management & development has dramatically increased, we identified the need to expand the internal legal group to incorporate these three activities. While possibly distinct, we believe it to be more efficient and valuable to have them coupled. In addition to beefing our in-house legal coverage (more on that later in the year), we are currently shortlisting talent that will help drive our corporate development activity. This will cover inbound and outbound M&A activity for portfolio companies as well as cross-border biz dev and transaction support.

Effective EOQ3, Dami will be Associate General Counsel and co-head of this group.


As many of you may be aware, we have been a thesis-driven firm from inception. Our theses have shaped our thinking re: market opportunities and we continue to highly value the approach. To augment our knowledge, and build out deeper insights into various sectors of interest, we saw a clear need to bring this capability in-house. We are thrilled to welcome Aima Nwafor-Ohiwerei to the firm to help drive this activity. She joins us from Singularity Investments and, prior to that, was at EY. Aima graduated from Bangor University, Wales.

Platform & Operations:

Following discussions we have had over the last year, we decided to crystallize some of our ongoing thinking re: how best to support each of our portfolio companies and, more importantly, help optimize their internal processes and operations while ensuring we could develop and deploy efficient line-of-sight infrastructure to obtain timely data and activity reporting.

We were incredibly fortunate to meet Deji Sasegbon who joins us as our new Director of Platform & Portfolio Operations. Deji previously worked at Total and has a doctorate in Engineering from Imperial College, London. He will be primarily responsible for building out the infrastructure to deliver high-octane support and empower portfolio company teams.

Investments & Portfolio Operations:

As we deliberately evolved into a more stage-agnostic VC firm, making investments that span seed-, early- and early growth-stage check sizes, we have experienced almost overwhelming deal flow. This has necessitated the urgent need to grow this side of the house.

Therefore, we are excited to welcome the following additional team members:

  • Taiwo Kamson Ketiku, who joined us from United Capital, is our Vice President, Investment & Portfolio Operations. She graduated from the University of Aberdeen with a Masters degree in Finance and Investment Management.

  • Tsendai Chagwedera, who joins us from TPG Growth as our Associate Principal, Investment & Portfolio Operations and Regional Head of East Africa. He will be based in Nairobi starting in the fall. Prior to TPG, Tsendai worked at ECP, H.I.G Capital and Blackstone. He has a BA in Computer Science from MIT.

  • Tito Cookey-Gam, who joined us from ARM and Crasner Capital, is our Analyst, Investment & Portfolio Operations. He graduated with a Bachelors degree in Biochemical Engineering from University College, London.

  • Saeed Seghosime, who joined us from Sahel Capital and Verod Partners, is our Analyst, Investment & Portfolio Operations. He has a Bachelors degree in Chemistry and Chemical Engineering from the University of Huddersfield.

Geographic Expansion:

As our portfolio blooms, it has become necessary to expand the firm's base of operations. With several new additions to the portfolio, we have now reached a point where distributed physical presence to better support existing investments has become necessary. Consequently, we plan to open our first offices outside Lagos. Later this year, London and Nairobi will become part of our office network. As mentioned, Tsendai will be based in Nairobi to oversee activity along that geographic axis and he will be supported by a rotating analyst.

We are incredibly excited for the future and looking forward to building it with the very best Africa-focused entrepreneurs.

Thank you for all your support.

The EchoVC Team


It’s a HIT: Office Hours


On the 4th of April, 2019, the EchoVC team had its first ‘Out of Office Hours’ where we met with founders of tech and tech-enabled businesses. This was done at Art Café (Victoria Island, Lagos) which was very cozy and seemed perfect for an out of office meeting.

During the three-hour window, the EchoVC team spoke to over 15 different tech businesses pursuing opportunities in diverse sectors such as PropTech, FinTech, Logistics, E-Commerce, etc. Honestly, we had hoped we would meet at least 1 good company, but we actually found a few really interesting companies.

We spoke with 2 categories of people:

The Entrepreneurs: Those who run businesses with some significant traction and were looking to raise, structure, expand or learn.

The Professionals: The bank guys, the lawyers and some curious cats who just wanted to know what this was all about.


As a reminder, EchoVC is a seed and early stage venture capital fund focused on tech and tech enabled businesses. We are sector agnostic and we love businesses solving major problems that are both realizable and scalable. 

We have been incredibly busy investing in secrets, and because we know that to find secrets we have to go treasure hunting, we thought what better way to meet great founders, share knowledge AND give back to the ecosystem than to pop our heads out for out-of-office hours.

Think about it!!!

But, Don’t Overthink it

It was just a conversation, we just wanted to have a chat to get to know you and your business. We had never done this before, so we were as nervous as our founders (though our founders were not aware). We wanted a relaxed environment so we could be free to have an honest conversation. It’s like that first blind date.

We also got some funny and serious questions too – below are a few:

1.    Q: Are you with the EchoVC team?

A: Depends on who is asking. And please ignore the t-shirt.

2.    Q: What inspired the team to hold office hours?

A: We realized that a number of founders and tech teams sometimes require an environment that is chilled to discuss business ideas on the surface and gauge if they are investment-material. This was the major inspiration to do this.

3.    Q: What are the major characteristics you look out for in a Tech business?

A: 5 T’s and they are:

·      Strong TEAM;

·      Great TECH (Product);


·      Wide TRENCHES (MOAT); and

·      Decent TRACTION (Existing Users, Paying customers).

Also remember that personal details are not exchanged and it’s important to adhere to this so as not to come off as obnoxious (if you know what I mean) 

4.     Q: can I have your contact details?


             Q: I need your personal details, I need to have that personal touch

             A: NO!

Please refrain from bringing that dry toasting line to an Investor meeting. While you think about this, notice the submission plug above? that’s where you send your pitch decks to. Come with your business cards and a crisp narrative about your business! 

Back to the point I was making earlier - we had a fantastic time meeting with the entrepreneurs who came in for the office hours. We ended up interested in 3 founders we met, and in our usual style we deliberated on these companies, bouncing ideas off each other, akin to a typically perfect day at the office. We like such meetings where we (investors) and the entrepreneurs are ending our conversations with a huge grin.

This is the start of something new, and we would encourage you all to look forward to our next Office hours, and plan to drop in.

We are always excited to see what industries the founders are playing in and how they are thinking about solving big problems.

There is much more coming from the EchoVC team so sit tight..

From the team at EchoVC, we want to say thank you for coming out and spending the day with us.