Venco

Enabling Smart and Safe Communities in Africa

Lagos, Nigeria · Founded 2019 · $670K raised

Headquarters
Lagos
Employees
11–50
Founded
2019
Business Model
B2B
Total Funding
$670K
Last Round
$670K Pre-SeedDec 2022
Rounds
1

About

Venco is an all-in-one community and property management platform built for residential estates and commercial developments across Africa. The platform enables facility managers to handle visitor access control (via secure token-based codes), utility vending (smart metering with real-time consumption tracking), service charge collection, billing, and resident communications from a single dashboard. Residents interact through a mobile app to book visitors, pay communal dues, report issues, and top up utilities. Venco operates across 14 cities in Africa managing over 40,000 property units and 48,000 residents, and has processed over $30 million in transactions.

Summary

Venco is a SaaS company based in Lagos, Nigeria, founded in 2019. It has raised $670K in total across 1 round, most recently a $670K Pre-Seed round in Dec 2022. Investors include Zrosk Investment Management, Voltron Capital and FastForward.

Tech & App Stack

3 technologies & apps tracked

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Funding History

Pre-seedPre-SeedDec 2022
$670K

Investors

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