Investments
40Portfolio Exits
3Funds
3Latest EchoVC Partners News
Jul 6, 2022
Source: Facebook Nigerian logistics company, Gokada, has appointed a new CEO to lead the company in its effort to expand beyond the country. The new CEO, Olutosin Oni was previously managing principal, investments and portfolio management, at EchoVC Partners, a venture fund with investments in 36 technology-focused companies spanning 5 continents. Prior to joining EchoVC, Oni was head of structured products at FBN Capital Limited and served as the head of debt capital markets at BGL PLC. In an announcement shared on LinkedIn, he said “After almost 5 fantastic years at EchoVC investing in tech and tech-enabled businesses across Africa, I am excited to join Gokada as CEO. I am raring to work with the board and team of Gokada to build Africa’s premier last-mile solutions provider, starting in Lagos, Nigeria.” Oni takes over from former CEO Nikhil Goel, and his appointment comes after the logistics company announced that they partnered with Octamile to provide digital insurance to protect their “pilots”, merchants, and customers. Share this article
EchoVC Partners Investments
40 Investments
EchoVC Partners has made 40 investments. Their latest investment was in Snowstorm as part of their Seed VC on July 7, 2023.
EchoVC Partners Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
7/20/2023 | Seed VC | Snowstorm | $3M | Yes | 5 | |
4/4/2023 | Series A | Shuttlers | $4M | No | CMC 21 & Alsa, ShEquity, Undisclosed Investors, Verod-Kepple Africa Ventures, and VestedWorld | 7 |
2/10/2023 | Seed VC | Senga | Yes | Undisclosed Angel Investors | 1 | |
7/13/2022 | Pre-Seed | |||||
6/29/2022 | Series A |
Date | 7/20/2023 | 4/4/2023 | 2/10/2023 | 7/13/2022 | 6/29/2022 |
|---|---|---|---|---|---|
Round | Seed VC | Series A | Seed VC | Pre-Seed | Series A |
Company | Snowstorm | Shuttlers | Senga | ||
Amount | $3M | $4M | |||
New? | Yes | No | Yes | ||
Co-Investors | CMC 21 & Alsa, ShEquity, Undisclosed Investors, Verod-Kepple Africa Ventures, and VestedWorld | Undisclosed Angel Investors | |||
Sources | 5 | 7 | 1 |
EchoVC Partners Portfolio Exits
3 Portfolio Exits
EchoVC Partners has 3 portfolio exits. Their latest portfolio exit was Frontier Car Group on October 09, 2020.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
10/9/2020 | Merger | 1 | |||
Date | 10/9/2020 | ||
|---|---|---|---|
Exit | Merger | ||
Companies | |||
Valuation | |||
Acquirer | |||
Sources | 1 |
EchoVC Partners Fund History
3 Fund Histories
EchoVC Partners has 3 funds, including EchoVC Chain.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
3/8/2023 | EchoVC Chain | $8M | 1 | ||
10/24/2014 | EchoVC Pan-Africa Fund I | ||||
EchoVC Alpha Seed Fund I |
Closing Date | 3/8/2023 | 10/24/2014 | |
|---|---|---|---|
Fund | EchoVC Chain | EchoVC Pan-Africa Fund I | EchoVC Alpha Seed Fund I |
Fund Type | |||
Status | |||
Amount | $8M | ||
Sources | 1 |
EchoVC Partners Team
2 Team Members
EchoVC Partners has 2 team members, including current Chief Operating Officer, Amber Fowler.
Name | Work History | Title | Status |
|---|---|---|---|
Amber Fowler | Chief Operating Officer | Current | |
Name | Amber Fowler | |
|---|---|---|
Work History | ||
Title | Chief Operating Officer | |
Status | Current |
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