About Verod
Verod is a Financial Services company based in Lagos (Nigeria) founded in 2008. Verod is recognized as a leading African investment firm. It operates on a Brokerage / Intermediation model. 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. Its focus areas include Financials, Investment Management, Private Equity and Venture Capital.
Company details
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.
- Investments & AcquisitionsAXA Mansard
& 5 more
Products & Services of Verod
Verod offers a comprehensive portfolio of products and services, including Private Equity Investments and Venture Capital Fund.
Investments are made in diverse African business sectors.
Tech startups are supported across various African industries.
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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
ISON Xperiences is a leading business process outsourcing (BPO) provider offering a wide range of services including digital CX and BPM. | isonxperiences.com | Dubai, United Arab Emirates | 2011 | Oct 2023 | •••• | |
Wealth management and retirement saving services are offered in Nigeria. | axamansardpensions.com | Lagos, Nigeria | 2006 | Aug 2020 | •••• | |
Health, life, motor, travel, and other insurance services are provided. | axamansard.com | Lagos, Nigeria | 1989 | Aug 2020 | •••• | |
P&C insurance carrier | lawunioninsurance.com | Lagos, Nigeria | 1951 | Mar 2020 | •••• | |
Insurance claim processing services are provided in Nigeria. | metropolitanng.com | Lagos, Nigeria | 0 | Sep 2019 | •••• | |
Portfolio and funds management services are offered in Nigeria. | uniontrusteeslimited.com | Lagos, Nigeria | 1966 | Apr 2015 | •••• |
Complete acquisition details for Verod
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
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Timeline of Verod
7 dated milestones of Verod across 15 years, from founding to its latest funding, stage changes and deals.
- Founded Verod is founded.
- Acquisition Acquires Union Trustees.
- Acquisition Acquires Metropolitan Life Insurance Nigeria.
- Acquisition Acquires Law Union & Rock Insurance.
- Acquisition Acquires AXA Mansard.
- Acquisition Acquires AXA Mansard Pensions.
- Acquisition Acquires iSON Xperiences.
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Frequently Asked Questions about Verod
Verod was founded in 2008.
Verod is headquartered in Lagos, Nigeria. It is registered at Lagos, Lagos State, Nigeria.
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.
Verod offers Private Equity Investments and Venture Capital Fund.
Verod has made 6 acquisitions, including AXA Mansard, AXA Mansard Pensions, and Law Union & Rock Insurance.