Ventures Platform names Damilola Teidi as Head of Platforms and Networks

Ventures Platform names Damilola Teidi as Head of Platforms and Networks

Damilola Teidi has been appointed as the first-ever Head of Platform and Networks for African venture capital firm, Ventures Platform.

Teidi, who before joining Ventures Platform was Director of Startup Support at Co-creation Hub, will now oversee the venture firm’s efforts to support its portfolio companies.

She will lead a team focused on building and ensuring the effective delivery of expertise-driven and system-based post-investment support and value creation for the fund’s portfolio companies.

At Co-creation Hub, Teidi led the development of robust support systems for various startups across Africa, as well as provided direct support to startups and engaged with key stakeholders to create an enabling ecosystem for high-growth African startups to thrive.

“I am excited to join the team and build out different elements of the platform and networks’ practice,” Teidi said. “The goal is to build scalable support initiatives and harness the value of our collective networks to provide catalytic value to our founders.”

Kola Aina, General Partner at Ventures Platform Fund, in his statement expressed the firm’s excitement at the appointment. He noted that Teidi’s experience working with startups across Africa would assist the firm to provide adequate support to founders in its portfolio.

“VP Fund is thrilled to have Damilola onboard its leadership team. At Ventures Platform, we have always believed in supporting our founders to catalyse their efforts, and we intend to strengthen this as we scale,” said Aina. “Hence, we believe that Damilola Teidi’s skill and experience will be an asset in enabling us to achieve this goal.”

Founded in 2016 by Kola Aina, Ventures Platform is a discovery fund that invests early in mission-driven African startups building capital-efficient platforms and democratizing prosperity across the continent.

The firm invests up to Series A and has notable startups such as Piggyvest, PayHippo, Mono, SeamlessHR, Tizeti, and Printivo as portfolio companies.

Last December, it announced the first close of its $40 million fund with a roster of influential individual LPs such as Michael Seibel, Adam Draper, Shola Akinlade, and Gbenga Oyebode.

Organisations like the Nigeria Sovereign Investment Authority, United Africa Company of Nigeria, and VFD Group were also announced as partners to the fund.

At present, Ventures Platform boasts over 60 active companies in its portfolio.

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