About HerVest
HerVest is a Technology company based in Lagos (Nigeria) founded in 2019. A savings and investment management platform for women is provided. HerVest has raised $100 thousand across 2 funding rounds from investors including Praxis and Black Founders Fund. HerVest offers products and services including Savings Plan, Investment Opportunities, and Loan Services. Its focus areas include FinTech, Investment Tech, Wealth Management Platforms and Savings Platforms. Its legal entity is HerVest for Women Limited. Its competitors include PiggyVest, CowryWise and Crowdyvest; 2 of its 3 listed competitors have raised funding.
Company details
Savings and investment management platform for women. It allows users to set aside funds as savings, access mentoring financial literacy sessions, coaching on financial planning, tools for developing financial goals assessing cash flow issues, and insights trends for users. Features savings calculators, interest, and savings management tools for users. The application can be accessed on iOS and Android devices.
- Headquarters Lagos, Nigeria
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website hervest.ng
- Social LinkedIn X Facebook Instagram
- Legal Name Hervest For Women Limited
- Total Equity Funding$100K (USD)
in 2 rounds
- Latest Funding Round$100K (USD), Seed
Jun 2023
- InvestorsPraxis
& 1 more
Products & Services of HerVest
HerVest offers a comprehensive portfolio of products and services, including Savings Plan, Investment Opportunities, and Loan Services.
Platform for saving money with up to 15% annual interest.
Opportunities in assets like agriculture for growth and returns.
Access to loans for personal and business financial needs.
Apps and channels of HerVest
HerVest publishes 2 mobile apps with over 50K+ downloads.
Funding Insights of HerVest
HerVest has successfully raised a total of $100K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $100 thousand completed in June 2023. 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 $100,000
- Total Rounds 2
- Last Round Seed — $100,000
- First Round $100,000
(Sep 2022)
- Investors Count 2
All 2 funding rounds of HerVest 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 |
|---|---|---|---|---|---|
| Jun 2023 | $100,000 | Seed | – | Praxis | – |
| Sep 2022 | $100,000 | Grant | – | – |
2 investors in total: 2 institutional.
Investors in HerVest
HerVest has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Praxis and Black Founders Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Sector-agnostic acceleration is provided to startups by Praxis. | praxislabs.org | New York, United States | ||
Investor details for HerVest
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.
Timeline of HerVest
3 dated milestones of HerVest across 4 years, from founding to its latest funding, stage changes and deals.
- Founded HerVest is founded.
- Funding First funding round of $100K.
- Funding Latest funding round, Seed, of $100K.
Competitors of HerVest
HerVest has 3 listed competitors in our database, 2 of them funded. They include PiggyVest, CowryWise and Crowdyvest.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| piggyvest.com | 2016 | Lagos, Nigeria | $1.15M | Savings and investment goals are managed via an online platform. | ||
| cowrywise.com | 2017 | Lagos, Nigeria | $3.69M | Online & app-based savings platform for individuals | ||
| crowdyvest.com | 2019 | Lekki, Nigeria | Individuals are enabled to save via an app-based platform. |
Detailed competitors of HerVest
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of HerVest
The website of HerVest (hervest.ng) receives about 3.9K visits a month.
- Monthly visits3.9K
▼ 30.4% vs previous month
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Frequently Asked Questions about HerVest
HerVest was founded in 2019 and raised its 1st funding round 3 years after it was founded.
HerVest is headquartered in Lagos, Nigeria. It is registered at Lagos, Lagos State, Nigeria.
HerVest is a funded company, having raised a total of $100K across 2 funding rounds to date. The company's 1st funding round was a Grant of $100K, raised on Sep 2022.
Savings and investment management platform for women. It allows users to set aside funds as savings, access mentoring financial literacy sessions, coaching on financial planning, tools for developing financial goals assessing cash flow issues, and insights trends for users. Features savings calculators, interest, and savings management tools for users. The application can be accessed on iOS and Android devices.
HerVest's top competitors include CowryWise, PiggyVest and Crowdyvest.
HerVest offers Savings Plan, Investment Opportunities, and Loan Services.
HerVest has 2 investors. Key investors include Praxis, and Black Founders Fund.
HerVest operates through Hervest For Women Limited.
Yes. HerVest publishes HerVest: Save. Invest. and 1 more app, with over 50,000 downloads.