About Verod
Verod is a company based in Lagos (Nigeria) founded in 2008. It operates as a Brokerage / Intermediation. Verod has completed 6 acquisitions, including AXA Mansard, AXA Mansard Pensions and Law Union & Rock Insurance. Verod offers products and services including Private Equity Investments and Venture Capital Fund.
- Headquarter Lagos, Nigeria
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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Annual Revenue
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Employee Count
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Investments & Acquisitions
AXA Mansard
& 5 more
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Products & Services of Verod
Verod offers a comprehensive portfolio of products and services, including Private Equity Investments and Venture Capital Fund. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Investments are made in diverse African business sectors.
Tech startups are supported across various African industries.
Funding Insights of Verod
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Verod
Verod has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include AXA Mansard, AXA Mansard Pensions and Law Union & Rock Insurance. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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ISON Xperiences is a leading business process outsourcing (BPO) provider offering a wide range of services including digital CX and BPM.
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2011 | ||||
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Wealth management and retirement saving services are offered in Nigeria.
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2006 | ||||
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Health, life, motor, travel, and other insurance services are provided.
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1989 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Verod
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Verod Comparisons
Competitors of Verod
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Verod
When was Verod founded?
Verod was founded in 2008.
Where is Verod located?
Verod is headquartered in Lagos, Nigeria. It is registered at Lagos, Lagos State, Nigeria.
What does Verod do?
Verod is established as a prominent investment firm in Africa, focusing on private equity and venture capital. Businesses across sectors like consumer staples, financials, healthcare, and energy are supported through investments ranging from 15 million to 30 million. Additionally, tech startups in FinTech, HealthTech, and EdTech are funded through Verod-Kepple Africa Ventures with allocations between 250,000 and 7.5 million. Sustainable investing and community empowerment are prioritized across the continent.
What products or services does Verod offer?
Verod offers Private Equity Investments and Venture Capital Fund.
How many acquisitions has Verod made?
Verod has made 6 acquisitions, including AXA Mansard, AXA Mansard Pensions, and Law Union & Rock Insurance.
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