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Fund profile

First Check Africa

First Check Africa

Lagos, Nigeria

Not leading

About

FirstCheck Africa is a pioneering venture capital firm focused on closing the gender funding gap in Africa by investing in tech startups founded or co-founded by women. Launched in 2021 by Eloho Omame and Odunayo Eweniyi, the fund initially started as an angel investment initiative, providing early "first checks" of up to $25,000 to women entrepreneurs at the ideation stage. It has since grown into an institutional fund with over $12 million under management, including a significant $2 million commitment from TLcom Capital. The firm is sector-agnostic, focusing on high-growth, technology-driven companies across Africa. It invests in pre-seed and seed stages, with checks now reaching up to $250,000. FirstCheck Africa aims to support female founders by not only providing capital but also leveraging its extensive network to help startups raise follow-on rounds and scale successfully. The firm’s portfolio spans across several African countries, with companies gaining traction in global accelerators like Y Combinator. FirstCheck Africa's strategy centers on empowering female-led ventures that demonstrate strong leadership potential, aiming to create a new generation of entrepreneurial role models across the continent. The fund is committed to advancing equity and leadership for African women in technology and entrepreneurship.

Details

Average check

$0-$100K
$100K-$500K
$500K-$1M

Round

Pre-Seed
Seed

Previous Investments

Advertising & Marketing
B2B
Consumer Goods & Electronics
E-commerce & Retail
Fintech & Financial services
Healthtech & Wellness
Lifestyle
Real Estate & Proptech
Transportation & Mobility

Geo focus

Africa

Highlights

$2.2M

Historical average check

$4.5M

Historical max check

January 2024

Last investment date

9

Investments

Transportation & Mobility

Advertising & Marketing

E-commerce & Retail

Fintech & Financial services

Lifestyle

Real Estate & Proptech

Consumer Goods & Electronics

Healthtech & Wellness

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Contacts

Website

firstcheck.africa

Email

hello@firstcheck.africa

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