Herconomy

Lagos, Nigeria Founded: 2019 • Age: 7 yrs
Online social platform for women professionals
Annual revenue - Latest available
Total funding $600,000 1 rounds
Employees - Tracked headcount
Investors 5 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About Herconomy

Herconomy is a company based in Lagos (Nigeria) founded in 2019. 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. Herconomy operates in a competitive market with competitors including Chief, HerKey, Mahila Money, Girlboss and The Stack World, among others.

  • Headquarter Lagos, Nigeria
  • Sectors
    Media & Entertainment
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Herconomy Limited
Operational Areas
Media & Entertainment → Creator Economy & Social Platforms Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $600 K (USD)

    in 1 rounds

  • Latest Funding Round
    $600 K (USD), Seed

    Dec 01, 2021

  • Investors
    Oui Capital

    & 4 more

  • Employee Count
    Not available
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Products & Services of Herconomy

Herconomy offers a comprehensive portfolio of products and services, including Float, Vault, Plans, and KiddoSave.

Product name locked
Category locked
Primary

Offers high-interest savings with daily accrual and no fees.

Product name locked
Category locked
Locked

Provides automatic savings options with high annual interest rates.

Product name locked
Category locked
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Enables goal-based saving with competitive interest yields.

Product name locked
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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.

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.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Early-stage venture capital is provided to African tech startups.
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Nkiru Achukwu Ayemere

Angel investor focusing on early-stage startups in India and Africa.
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Ehi Onwudiwe

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Investor details for Herconomy

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by Herconomy

Investments
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Investment portfolio details for Herconomy

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Financial Statements - Herconomy

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Detailed financials for Herconomy

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  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Herconomy Comparisons

Herconomy Primary company
Description
Online social platform for women professionals
Location
Lagos, Nigeria
Founded Year
2019
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
Premium access

Peer comparison for Herconomy

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

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Competitors of Herconomy

Herconomy 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 Chief, HerKey, Mahila Money, Girlboss and The Stack World, among others.

Company Name Domain Founded year HQ Location Description
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Professional women are connected via subscription-based networking platform for mentorship.
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Women are supported in career development via an engagement platform.
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Provider of an online platform offering diversified business loans for women
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Women-centric lifestyle topics are covered via social platform and content.
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Online platform for connecting women professionals
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Detailed competitors of Herconomy

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

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Latest news on Herconomy

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Complete news archive for Herconomy

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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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.

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's top competitors include HerKey, Chief and Mahila Money.

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.

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