The Lagos Startup DealDay is a three times a year investment round process run by the Lagos Angel Network (LAN).
Lagos StartUp DealDay brings together LAN members, other angel investors and Lagos startup ecosystem players in a process where the most worthy startup ventures (in target sectors) are guaranteed funding. As an investment vehicle, Lagos StartUp DealDay raised over N100 million from LAN members and the early stage investment community for Lagos startups during 2016.
LAN partners for the DealDay are VC4A, the Africa Business Angel Network (ABAN), Lagos tech hubs, incubators and accelerators.
Information for Startups
Qualified startups are invited to apply and make sure they have a venture profile published on the VC4Africa platform with their most recent pitch deck attached before the deadline. The more information provided (Commercial, Legal & Financial), the better your chances. Video pitches (no more than 60-90 seconds long) by the team, customers and investors are encouraged but not required.
Applications without a venture profile and pitch materials will be automatically excluded.
Shortlisted startups will be contacted and announced on July 17th and entrepreneurs from the shortlist will be invited to make formal pitches at the Lagos StartUp DealDay pitch event on Friday July 28th. Pitches will be delivered to a small, closed panel of Angel investors.
N50-100m funding requirement
Post-revenue stage (i.e. existing customers)
In operation for >2 years and <5 years
Incorporated with CAC in Nigeria
Full Time Leadership Team
The Lagos Angel Network is the premier angel network in Nigeria and one of the most active in Africa. And it was founded in 2014, LAN is run by a Board of Directors chaired by one of Nigeria’s foremost investors, Dotun Sulaiman. The Board of Directors include, Tomi Davies, Collins Onuegbu, Tokunboh Ishmael, Dipo Adebo, Segun Olukoya and David Richards as members. It is growing a network of business angels and syndicates that provide startup funding, access to their business networks and mentoring to early-stage ventures in Lagos, Nigeria.
Deadline For Application
23rd June 2017.
Visit the link below for more information.