Verod
Est. dry powder
$31.6M
Raised, not yet invested
AUM
$364M
Assets under management
Latest fund
$200M
Verod Capital Growth Fund III
Est. cheque size
$875K–
From fund sizes
Deals, last 12 months
—
Not reported
About Verod
Verod Capital Management is an Africa-based private equity firm that invests capital in growth companies across diverse range of industries and the firm does historically invest on a deal-by-deal basis across Africa.
- Type
- Private Equity Firm
- Headquarters
- Lagos, Nigeria
- Stages
- SeedSeries C
- Est. cheque size
- $875K–$7.9M
- Sectors
- Diversified, Information Technology
- Regions
- Africa
- Strategies
- Buyout, Growth
Where they invest
From deals and portfolio companies on record
Most frequent rounds
- —11
- Series C2
- Seed1
Across 17 deals
Portfolio sectors
- Education/Training2
- Financial Services2
- Construction1
- Consumer Products1
- Food1
Across 15 companies
Portfolio countries
- Nigeria10
- US2
- South Africa1
- UK1
- United Arab Emirates1
Across 15 companies
Recent investments
Newest 5 of 17
- Series C$90M
Moniepoint Inc.
Oct 2025 · Series C
- Series C$110M
Moniepoint Inc.
Oct 2024 · Series C
- ——
Medplus Ltd
Mar 2022 · —
- ——
Metropolitan Life Insurance Nigeria Limited
Sep 2019 · —
- ——
DTRT Apparel Ltd.
Aug 2019 · —
Offices
3 locations
- Lagos, NigeriaHQ
- Accra, Ghana
- Cyber City, Mauritius
Questions about Verod
How much does Verod invest per deal?
Based on the size of its funds, Verod writes estimated cheques of $875K–$7.9M. Lead cheques usually sit at the top of that range and follow-on cheques lower.
What stages does Verod invest in?
Verod has invested at Seed and Series C. Its most frequent rounds on record are —, Series C and Seed.
How much capital does Verod have left to invest?
Verod has an estimated $31.6M in dry powder: capital it has raised but not yet invested.