Nigeria’s oldest angel investor network
Lagos Angel Network (LAN) is Nigeria’s oldest and most established angel investor network. Connects early-stage Nigerian startups with high-net-worth individual investors. Investments range from $25K to $250K as a syndicate. Has backed 40+ startups. Membership includes prominent Nigerian business leaders, diaspora investors, and experienced operators.
Use when
You’re a Nigerian founder raising a small angel round and want credible local investors with strong business community connections.
Skip when
You need a single lead investor and a clean cap table entry, or you are raising in dollars at institutional size. Angel rounds here are naira-denominated and involve multiple individual cheques.
Status (21 Sep 2026): active. This is a network of individual angels investing their own money, not a pooled fund, which changes what a yes means: you are raising from several people rather than signing with one entity. Deal sizes run from about ₦500,000 to ₦50 million, and members add mentoring and introductions alongside cash. The Lagos Startup DealDay is the pitch event where startups present to members and other ecosystem investors.
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