Echo VC
Venture Capital
Active
Lagos, Nigeria
45
4M
41
3.75
5
0.09
6
- Stages of investment
- Areas of investment
Summary
The venture was found in Africa in Nigeria. The main office of represented VC is situated in the Lagos.
The standard case for the fund is to invest in rounds with 4-5 partakers. Despite the EchoVC Partners, startups are often financed by Grace Beauty Capital, Andrew Mitchell, Quest Venture Partners. The meaningful sponsors for the fund in investment in the same round are 500 Startups, LaunchCapital, Raptor Ventures. In the next rounds fund is usually obtained by 500 Startups, TPG Growth, Samsung NEXT.
The fund is constantly included in 2-6 deals per year. This EchoVC Partners works on 8 percentage points less the average amount of lead investments comparing to the other organizations. The higher amount of exits for fund were in 2019. The usual things for fund are deals in the range of 5 - 10 millions dollars. Speaking about the real fund results, this VC is 9 percentage points more often commits exit comparing to other organizations. The top activity for fund was in 2012.
The fund was created by Eghosa Omoigui. Besides them, we counted 1 critical employee of this fund in our database.
The fund has no exact preference in a number of founders of portfolio startups. If startup sums 5+ of the founder, the chance for it to be financed is low. For fund there is no match between the location of its establishment and the land of its numerous investments - United States. Among the various public portfolio startups of the fund, we may underline PayJoy, GraphScience, Cars45 Moreover, a startup needs to be at the age of 2-3 years to get the investment from the fund. Among the most popular fund investment industries, there are Internet, Software.
Investor highlights
- Industry generalist
- Yes
- Industry focus
- Stage focus
- Geo focus
- Check size
- Up to 10M
Preferences and restrictions
- Requirements for founders
- Female People of color
Discover reliable insights
Find relevant VC investors, identify key contacts and secure funding opportunities.
Investments analytics
Analytics
- Total investments
- 45
- Lead investments
- 5
- Exits
- 6
- Rounds per year
- 3.75
- Follow on index
- 0.09
- Investments by industry
- Information Technology (10)
- Software (8)
- Transportation (7)
- Mobile (6)
- Financial Services (6) Show 75 more
- Investments by region
-
- United States (16)
- Kenya (5)
- Germany (1)
- Nigeria (14)
- Canada (1) Show 6 more
- Peak activity year
- 2021
Discover reliable insights
Leverage validated data, identify key contacts and secure funding opportunities for your business.Quantitative data
- Avg. startup age at the time of investment
- 7
- Avg. valuation at time of investment
- 23M
- Group Appearance index
- 0.82
- Avg. company exit year
- 6
- Strategy success index
- 0.30
Need more data?
Get access to full data about investors, including their team, contact information, and historic data.
Latest deals
| Company name | Deal date | Industry | Deal stage | Deal size | Location |
|---|---|---|---|---|---|
| PayJoy | 23 May 2019 | Financial Services, FinTech, Mobile, Credit, Emerging Markets | Early Stage Venture | 20M | United States, California, San Francisco |
| Snowstorm | 19 Jul 2023 | Information Technology, Information Services, Internet of Things | Seed | 3M |
Similar funds
By same location
By same geo focus
By doing lead investments
At Unicorn Nest, we combine cutting-edge technology with human expertise to build one of the most reliable venture capital databases in the market. Our process begins with automated AI-enhanced data collection, leveraging the full potential of Large Language Models (LLMs).
Later, our team of analysts takes it further with manual verification, using proprietary tools for data cleaning and validation to ensure accuracy and reliability. We cross-check and enhance our findings through press and media monitoring, integrating information from trusted news outlets and venture capital aggregators. Finally, we stay ahead of the curve by monitoring social networks like LinkedIn and X.com.