About Herconomy
Herconomy is a Media & Entertainment company based in Lagos (Nigeria) founded in 2019. Online social platform for women professionals. Herconomy has raised $600 thousand across 1 funding round from investors including Oui Capital, Nkiru Achukwu Ayemere and Ehi Onwudiwe. Herconomy offers products and services including Float, Vault, Plans, and KiddoSave. Its focus areas include Consumer, Social Platforms, Professionals and Women. Its legal entity is HERCONOMY LIMITED.
Company details
Herconomy was founded in 2019 in Lagos, Nigeria, as an online social platform targeted at women professionals. Connections among African women are facilitated through the app, which provides access to professional opportunities. The platform operates in the social networking sector and is available on Android and iOS devices, supporting user interactions across the region.
- Headquarters Lagos, Nigeria
- SectorsMedia & Entertainment
- Email••••••••
- Phone•••• ••••
- Website herconomy.com
- Social LinkedIn X Facebook Instagram
- Legal Name Herconomy Limited
- Total Equity Funding$600K (USD)
in 1 rounds
- Latest Funding Round$600K (USD), Seed
Dec 2021
- InvestorsOui Capital
& 4 more
Products & Services of Herconomy
Herconomy offers a comprehensive portfolio of products and services, including Float, Vault, Plans, and KiddoSave.
Offers high-interest savings with daily accrual and no fees.
Provides automatic savings options with high annual interest rates.
Enables goal-based saving with competitive interest yields.
Helps parents save for children's future with dedicated wallet features.
Funding Insights of Herconomy
Herconomy has successfully raised a total of $600K through 1 strategic funding round. The most recent funding activity was a Seed round of $600 thousand completed in December 2021. 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.
- Total Funding $600,000
- Total Rounds 1
- Last Round Seed — $600,000
- First Round $600,000
(Dec 2021)
- Investors Count 5
All 1 funding rounds of Herconomy with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2021 | $600,000 | Seed | – | Oui Capital, Nkiru Achukwu Ayemere | – |
5 investors in total: 1 institutional and 4 angel.
Investors in Herconomy
Herconomy has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include Oui Capital, Nkiru Achukwu Ayemere and Ehi Onwudiwe.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage venture capital is provided to African tech startups. | 2019 | ouicapital.vc | Lagos, Nigeria | |
NA Nkiru Achukwu Ayemere | Angel investor focusing on early-stage startups in India and Africa. | unknown_4710368228964a908 | ||
EO Ehi Onwudiwe | unknown_8c81449b893c44a59 | |||
OM Ope Makinwa | unknown_d18157b188334bd18 | |||
AA Ama Akpata | unknown_22d6ba84ad584b6ba |
Investor details for Herconomy
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Herconomy
1 people are tracked at Herconomy (1 in leadership).
| Name | Role | Group |
|---|---|---|
Ife Durosinmi-Etti, MBA | Chief Experience Officer | Leadership |
Complete people profiles for Herconomy
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Herconomy
2 dated milestones of Herconomy across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Herconomy is founded.
- Funding First funding round of $600K.
Web traffic of Herconomy
The website of Herconomy (herconomy.com) receives about 4.1K visits a month.
- Monthly visits4.1K
▼ 48.6% vs previous month
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Frequently Asked Questions about Herconomy
Herconomy was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Herconomy is headquartered in Lagos, Nigeria. It is registered at Lagos, Lagos State, Nigeria.
Herconomy is a funded company, having raised a total of $600K across 1 funding round to date. The company's 1st funding round was a Seed of $600K, raised on Dec 2021.
Herconomy was founded in 2019 in Lagos, Nigeria, as an online social platform targeted at women professionals. Connections among African women are facilitated through the app, which provides access to professional opportunities. The platform operates in the social networking sector and is available on Android and iOS devices, supporting user interactions across the region.
Herconomy offers Float, Vault, Plans, and KiddoSave.
Herconomy has 5 investors. Key investors include Oui Capital, Nkiru Achukwu Ayemere, Ehi Onwudiwe, Ope Makinwa, and Ama Akpata.
Herconomy operates through Herconomy Limited.