Consonance Investment Managers

Lagos

,

Nigeria

·

Africa

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About

Consonance Investment Managers

Consonance Investment Managers is a Lagos-based venture capital and private equity firm focused on growth-stage investments in Nigerian and pan-African technology companies across fintech, enterprise software, and healthcare, providing institutional capital to founders who have demonstrated product-market fit and are scaling their businesses across Nigeria and the broader continent. The firm invests at seed and Series A stages with initial checks from $3 million to $15 million, taking a patient, long-term partnership approach that reflects the distinctive operating environment of African markets, where regulatory complexity, infrastructure gaps, and talent availability require investor support well beyond capital provision. Consonance operates with deep relationships in the Nigerian business and government ecosystem, providing portfolio companies with introductions to enterprise customers, regulatory guidance, and commercial partnerships. Portfolio companies include TeamApt, now operating as Moniepoint, one of Nigeria's most significant fintech infrastructure companies providing payment processing and banking services to businesses and consumers across West Africa; Paystack, the Nigerian payment infrastructure company acquired by Stripe in 2020 in one of the largest African technology acquisitions to date; and HubbleHQ, a commercial real estate technology platform. Beyond its original investments in TeamApt, HubbleHQ, and Paystack, the portfolio includes additional Nigerian and pan-African technology companies.

Notable portfolio companies

TeamApt, HubbleHQ, Paystack

Notable Exits

Paystack (acquired by Stripe, ~$200M+, 2020)

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