
Investments
51Portfolio Exits
7Funds
2
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Latest TLcom Capital News
Jul 27, 2023
The US $10,000 Pitch2Win startup competition has been won this year by the Nigerian company PharmaRun, an online platform where users can find and order pharmaceutical products and services with BNPL options. A panel of judges, including Ventures Platform partner Kola Aina, TLcom Capital partner Eloho Omame, SG Verse founder Hiro Mashita, Freakout Holdings founder Yuzuru Honda, and Nigeria Sovereign Investment Authority CIO Kola Owodunni, will evaluate the selected early-stage startups. The overall winner was PharmaRun. Teniola Adedeji and Funmilola Aderemi founded the startup in 2021 with the goal of removing the challenges faced by conventional pharmacies, which frequently run out of stock and force customers to buy alternatives. “This was our first time pitching to an audience so it is amazing that we won. It’s given us validation that this is a product that is scalable and we are onto something. Having to compete with founders that are well-known yet we won? It’s amazing,” said Adedeji. “We’re looking to raise US $500,000 for product development and customer acquisition and Pitch2Win is offering us visibility and access to investors. So we’re very thankful.” ZeroComplex AI, an AI startup that makes it easier to integrate AI into current applications, came in second, and Oystr Finance, a fintech startup that makes alternative financial data, creditworthiness, and identification verification of borrowers across Africa easily accessible, came in third.
TLcom Capital Investments
51 Investments
TLcom Capital has made 51 investments. Their latest investment was in Terragon Group as part of their Series B on July 7, 2023.

TLcom Capital Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
7/27/2023 | Series B | Terragon Group | $9M | No | 2 | |
6/16/2023 | Pre-Seed | Talstack | $0.85M | Yes | 2 | |
9/26/2022 | Series A | VendEase | $20M | Yes | 29 | |
8/15/2022 | Seed VC | |||||
1/12/2022 | Series A |
Date | 7/27/2023 | 6/16/2023 | 9/26/2022 | 8/15/2022 | 1/12/2022 |
---|---|---|---|---|---|
Round | Series B | Pre-Seed | Series A | Seed VC | Series A |
Company | Terragon Group | Talstack | VendEase | ||
Amount | $9M | $0.85M | $20M | ||
New? | No | Yes | Yes | ||
Co-Investors | |||||
Sources | 2 | 2 | 29 |
TLcom Capital Portfolio Exits
7 Portfolio Exits
TLcom Capital has 7 portfolio exits. Their latest portfolio exit was Beintoo on March 31, 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 |
---|---|---|---|---|---|
3/31/2020 | Acquired | 1 | |||
Date | 3/31/2020 | ||||
---|---|---|---|---|---|
Exit | Acquired | ||||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 1 |
TLcom Capital Fund History
2 Fund Histories
TLcom Capital has 2 funds, including TIDE Africa Fund II.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
1/27/2022 | TIDE Africa Fund II | $70M | 1 | ||
2/9/2020 | TIDE Africa Fund |
Closing Date | 1/27/2022 | 2/9/2020 |
---|---|---|
Fund | TIDE Africa Fund II | TIDE Africa Fund |
Fund Type | ||
Status | ||
Amount | $70M | |
Sources | 1 |
TLcom Capital Team
2 Team Members
TLcom Capital has 2 team members, including current Founder, Managing Director, Maurizio Caio.
Name | Work History | Title | Status |
---|---|---|---|
Maurizio Caio | Founder, Managing Director | Current | |
Name | Maurizio Caio | |
---|---|---|
Work History | ||
Title | Founder, Managing Director | |
Status | Current |