Wednesday, July 2, 2025
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
No Result
View All Result
Home Africa

Tofino Capital Invests $150,000 in Lagos-based SeamlessHR

Tech Gist Africa by Tech Gist Africa
03/27/2019
in Africa, Africa News, Business, News
0 0
0
Tofino Capital Invests $150,000 in Lagos-based SeamlessHR

Photocredit: weetracker.com

0
SHARES
Share on FacebookShare on Twitter

Tofino Capital, an early-stage investor in emerging market technology companies invested $150,000 in Lagos-based SeamlessHR, a human resource technology company with a commitment to help African businesses become more productive and successful. SeamlessHR said that the fund will be used to grow the team, double down on expansion into Anglophone Africa and to strengthen marketing efforts.

Seamless HR is committed to innovation and desire to help African enterprises solve the pressing problems associated with human capital development. Its mission is to transform businesses on the continent by using technology to question and understand problems in order to proffer sustainable solutions.


See also Daystar Power Closes $10 million Investments for Expansion in West Africa


SeamlessHR perceives its recent investor to be a partner, “They have been very useful to us in terms of business growth with direct influence on furthering our efforts to become the biggest HR tech company out of Africa”.

Tofino Capital was introduced to SeamlessHR by a startup it invested in. “We find referrals the most effective mechanism,” says co-founder Eliott Pence. Tofino invests in Africa’s B2B tech companies, proven entrepreneurs with operational backgrounds and businesses with repeatable business models and these startups can be relocated to the Philippines.

Tofino Capital, Washington DC-based firm, was set up in 2018 by Eliot Pence and Aubrey Hruby. It has made two investments in the last eight months, with hopes to back five more businesses before the end of the year. Tofino Capital earlier invested in Nigerian B2B e-procurement company, Gloopro. It focuses on providing operational alpha fund for 1% to 10% stake in the companies and looks to fully partake in growing the businesses after injecting capital.

 

More on TechGist Africa:

  • Central Bank of Egypt to Invest $57.8 million in Fintech Startups
  • Farmcrowdy Lands Additional Seed Funding of $1 million
  • Nigeria’s Wecyclers Wins African Development Prize
  • GreenTec Capital to Promote Investment in African ventures
  • Nigerian Firm ‘Pan African Towers’ Signs $20 million Investment Deal
ShareTweet
Plugin Install : Subscribe Push Notification need OneSignal plugin to be installed.
Tech Gist Africa

Tech Gist Africa

Tech Gist Africa is a leading online technology and digital media outlet, dedicated to providing latest tech news, product launch, startup news across Africa and sharing simple social media and digital marketing tips for startups, entrepreneurs and business owners.

Related Posts

Apple WWDC 2025
Events

Apple Unveils iOS 26, macOS Tahoe, and AI Innovations at WWDC 2025

by Tech Gist Africa
06/15/2025
0

Apple kicked off its annual Worldwide Developers Conference (WWDC) with a series of announcements highlighting significant advancements in software design...

Read more
Zero Carbon Charge South Africa

Zero Carbon Charge, a South African startup secures US$5.6 Million investment

06/15/2025
Kera Senegal

KERA, a Senegalese E-Health Startup Secures $10 Million Funding

06/15/2025
Nile South Africa

Nile, a South African Agri-Tech Startup Secures $11.3 Million in a funding round

06/15/2025
DHL Group

DHL Group to Invest $575 Million in Healthcare and Logistics Expansion Across Africa and the Middle East

06/15/2025
Next Post
MTN Channel, Users Can Now Top Up Airtime and Data Via WhatsApp

MTN Channel, Users Can Now Top Up Airtime and Data Via WhatsApp

Morocco-based Outlierz Ventures Announce 5 African Startup Investments

Morocco-based Outlierz Ventures Announce 5 African Startup Investments

Bolt Launches Food Delivery Service in South Africa, Tofino Capital Invests $150,000 in Lagos-based SeamlessHR and more

Bolt Launches Food Delivery Service in South Africa, Tofino Capital Invests $150,000 in Lagos-based SeamlessHR and more

No Result
View All Result

The Big 5

Blockchain

The Role of Blockchain in Enhancing Africa’s Financial Systems and Security

by Tech Gist Africa
06/30/2025
0

...

Artificial Intelligence

How Artificial Intelligence is Transforming Industries Across Africa

by Tech Gist Africa
06/23/2025
0

...

Africa startups

Kenyan Startups Invited to Apply for €100,000 develoPPP Ventures Grant

by Tech Gist Africa
06/15/2025
0

...

Neuralink Elon Musk

Neuralink Secures $650 Million in Series E Funding to Advance Brain Implant Technology

by Tech Gist Africa
06/15/2025
0

...

Telegram Grok

Telegram Scores $300 Million xAI Deal to Integrate Grok Across One Billion Users

by Tech Gist Africa
06/15/2025
0

...

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

Copyright © 2020 Techgistafrica. All Rights Reserved

No Result
View All Result
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact

Copyright © 2019 TECHGISTAFRICA. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.