Private EquityRIA · CRD 320669SEC-RegisteredPrivate Fund Adviser

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GreenHouse Capital

GreenHouse Capital is a fund focused on investing in early-stage African technology start-ups.

GreenHouse Capital logo

GreenHouse Capital

GreenHouse Capital is a fund focused on investing in early-stage African technology start-ups. It targets Fintech, Education, and Renewable Energy sectors. The firm has made 55 investments, including a Series A investment in Impact Laboratories on May 07, 2024.

General information

Firm type

Private Equity

Year founded

2014

AUM

Undisclosed

Location

Region

Africa

Country

Nigeria

City

Ikeja

Corporate office

Ikeja, Lagos, Nigeria

Principals

Tosin Eniolorunda

Founder

Sector focus

FinTechEnterprise SoftwareMobility & TransportationAgriTech & FoodTechDigital HealthPropTech

Frequently asked questions

How is GreenHouse Capital related to TeamApt?

GreenHouse Capital is the investment affiliate of TeamApt, the fintech Eniolorunda founded. TeamApt's operating profits and exit proceeds provide GreenHouse Capital's capital base, and the two entities share strategic and operational resources — including legal, compliance and go-to-market support — with portfolio companies.

Does GreenHouse Capital invest outside of Nigeria?

Yes. While anchored in Lagos, the firm engages in pan-African early-stage deals with a focus on Kenya and South Africa. Its thesis is continental digital infrastructure rather than single-country plays, though Nigerian startups represent the densest portion of the portfolio given the firm's local operational depth.

What is GreenHouse Capital's investment stage preference?

GreenHouse Capital targets pre-seed through Series A, with a preference for rounds where the firm can add operational value beyond the check — product, distribution and regulatory navigation drawn from TeamApt's own scaling experience.

Who makes investment decisions at GreenHouse Capital?

Founder Tosin Eniolorunda is the primary decision-maker, operating with the lean structure of an operator-led vehicle rather than a multi-partner investment committee. The investment process draws on the broader TeamApt executive network for technical and market diligence.

Does GreenHouse Capital participate in fund commitments or only direct deals?

The firm's disclosed activity centers on direct equity investments. There is no public record of fund-of-funds commitments or LP positions in other venture firms, consistent with its model of applying operator expertise directly to portfolio companies.

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