Angel investors and pre-seed funds write the first cheques — typically $10,000 to $150,000 — for startups that are too early for venture capital. In Nigeria the organised channels include angel networks (groups of individuals who invest together), pre-seed funds such as Microtraction, early-stage firms such as Ventures Platform, and syndicates run on international platforms.
What angels want to see
- A product in users’ hands, with evidence they come back
- A founder who knows the numbers: CAC, margin, runway
- A clear ask: amount, what it buys, what milestone it reaches
- Registered company (often a Nigerian or Delaware entity) ready to receive investment
How to approach
Most networks accept applications through a form or a monthly pitch session; funds take cold applications on their websites. A warm introduction from a founder they have backed helps, but a sharp deck and a working product matter more. Follow up once, politely, after two weeks.
Get investor-ready
Use the Pitch Deck generator, then the Readiness Score to stress-test the deck the way an investment committee would. Angel networks, pre-seed and VC funds with live application channels are on the Nigeria angel networks page and the Nigeria investors page.
Put this into practice
Search verified opportunities, score your plan and get deadline reminders — free to start.