Discover if this is a suitable investor for your startup. If they are we'll make a warm introduction for free. Otherwise, we'll connect you with matching investors.
Consonance is a venture capital firm founded in 2017 and based in Mauritius. The firm focuses on supporting early and growth-stage entrepreneurs in Africa, aiming to build sustainable companies that address critical challenges. Since its inception, Consonance has established itself as a key player in the African investment landscape, emphasizing transformative opportunities that promote economic growth.
Currently, Consonance manages a portfolio of 8 companies, reflecting its commitment to high-impact, technology-enabled businesses. The firm operates with a sector-agnostic approach, investing across various industries including healthcare, fintech, agtech, consumer, and insurtech. Their office is located in Cybercity, Ebene, Mauritius, and they actively seek to partner with entrepreneurs who share their vision for innovation and economic development.
Consonance invests in transformative opportunities that promote economic growth in Africa. The firm is sector-agnostic, supporting high-impact, technology-enabled businesses that address critical challenges across various sectors. Their investment strategy encompasses pre-seed, seed, seed-plus, Series A, and growth equity stages, allowing them to engage with startups at different points in their development.
Consonance emphasizes broad-based wealth creation through data-driven companies that leverage technology to enhance access to essential resources such as financial services and healthcare. They look for founders who demonstrate a strong vision, commitment to their mission, and the ability to execute their business plans effectively. The firm prefers to invest in companies that foster trust, collaboration, and innovation, aligning with their goal of driving economic progress in Africa.
Consonance's portfolio includes 8 notable companies that exemplify their investment strategy:
This diverse portfolio reflects Consonance's commitment to investing in technology-driven businesses that address critical needs in various sectors, particularly in the African market.
Mobolaji Adeoye: Managing Partner with extensive experience in venture capital and entrepreneurship.
Jadesola Campbell: Investment Principal, specializing in identifying high-impact investment opportunities.
Emmanuel Akoteyon: Senior Investment Associate with a focus on supporting portfolio companies.
Victoria Popoola: Senior Investment Associate, experienced in early-stage investments.
Nicole Irabor: Brand Associate, responsible for enhancing the firm's visibility and outreach.
Muhammad Abubakar Usman: Investment Analyst, involved in due diligence and market research.
Sumayyah Adefolu: Investment Intern, supporting the investment team.
Stephen Gugu: Venture Partner with a background in technology and business development.
Opeyemi Odeleye: Venture Partner, experienced in scaling startups in Africa.
To pitch to Consonance, founders should send their pitch deck via email to info@consonanceinvest.com. The deck should include key information about the business model, market opportunity, and team. A prompt response is typically expected, but timelines may vary based on the volume of inquiries.
In recent months, Consonance has continued to expand its portfolio, actively investing in technology-enabled businesses across Africa. Their focus remains on high-impact companies that address critical challenges in sectors such as healthcare, fintech, and agtech.
Consonance has also been involved in discussions around enhancing access to financial services and healthcare through innovative solutions, reflecting their commitment to promoting economic growth in the region.
What are Consonance's investment criteria?
Consonance invests in early and growth-stage companies across Africa, focusing on transformative opportunities that promote economic growth. They are sector-agnostic and prioritize technology-enabled businesses addressing critical challenges.
How can I apply or pitch to Consonance?
Founders can reach out to Consonance via email at info@consonanceinvest.com to discuss potential investment opportunities. A well-prepared pitch deck outlining the business model, market opportunity, and team is recommended.
What makes Consonance different from other venture capital firms?
Consonance emphasizes broad-based wealth creation through data-driven companies and focuses on high-impact investments that leverage technology to enhance access to essential resources in Africa.
What is the geographic scope of Consonance's investments?
Consonance primarily invests in startups located in Africa, reflecting their commitment to promoting economic growth within the continent.
What is the typical check size for investments?
While specific check sizes are not disclosed, Consonance invests across various stages, including pre-seed, seed, seed-plus, Series A, and growth equity, indicating a flexible approach to funding.
What kind of post-investment involvement does Consonance have?
Consonance actively supports its portfolio companies through mentorship, operational support, and strategic guidance, helping them navigate challenges and scale effectively.
All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks, and brands does not imply endorsement.