About Awabah
Awabah is a company based in Lagos (Nigeria) founded in 2020 by Oluwabukola Ajishebiyawo and Tunji Andrews. Awabah has raised $320 thousand across 3 funding rounds from investors including Techstars, Black Founders Fund and Correlation Ventures. Awabah operates in a competitive market with competitors including ARM Pensions, Reaprite, Stanbic IBTC Pension Managers, CrusaderSterling Pensions and Kapitalgrow, among others.
- Headquarter Lagos, Nigeria
- Founders Oluwabukola Ajishebiyawo, Tunji Andrews
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Sectors
Technology
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Phone
Locked
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Website
Locked
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$320 K (USD)
in 3 rounds
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Latest Funding Round
$100 K (USD), Grant
Sep 06, 2022
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Investors
Techstars
& 3 more
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Employee Count
Not available
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People of Awabah
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Funding Insights of Awabah
Awabah has successfully raised a total of $320K across 3 strategic funding rounds. The most recent funding activity was a Grant round of $100 thousand completed in September 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Awabah
Awabah has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Techstars, Black Founders Fund and Correlation Ventures.
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Startups are accelerated globally without sector restrictions through structured programs.
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Venture capital firm focused on aerospace, biopharma, consumer, and multiple sectors
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Investor details for Awabah
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Investments & Acquisitions by Awabah
Investment portfolio details for Awabah
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Financial Statements - Awabah
Detailed financials for Awabah
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Awabah Comparisons
Peer comparison for Awabah
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Competitors of Awabah
Awabah operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ARM Pensions, Reaprite, Stanbic IBTC Pension Managers, CrusaderSterling Pensions and Kapitalgrow, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Pension management and retirement planning services are provided.
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Delivers financial planning and advisory services via a platform.
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Functions as an online platform for retirement and pension management.
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Provides pension administration for individuals and organizations in Nigeria.
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Wealth management services are provided by Kapitalgrow in Nigeria.
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Detailed competitors of Awabah
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Latest news on Awabah
Complete news archive for Awabah
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Frequently Asked Questions about Awabah
Awabah was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Awabah is headquartered in Lagos, Nigeria. It is registered at Lagos, Lagos State, Nigeria.
Tunji Andrews is the current CEO of Awabah. They have also founded this company.
Awabah is a funded company, having raised a total of $320K across 3 funding rounds to date.
Awabah was founded in 2020 in Lagos, Nigeria, as an online platform in the financial services sector. Micro-pension schemes are provided to support entrepreneurs, drivers, traders, artisans, freelancers, and others without formal pension access. Target savings plans are enabled for personal financial goals. Operations focus on digital tools for retirement and goal-based saving in the informal economy.
Awabah's top competitors include ARM Pensions, Kapitalgrow and Reaprite.
Awabah has 4 investors. Key investors include Techstars, Black Founders Fund, Correlation Ventures, and ODBA.