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Lateral Frontiers VC

902 Broadway Suite 1611, New York, NY, 10010, United States

Overview

Mission-driven venture fund investing in early-stage African technology.

Founded

2017

Deals ยท 12mo

0

Links

WebsiteLinkedInX (Twitter)

Stage focus

Seed
Series A
Series B

Geographic focus

Kenya
Nigeria
South Africa

Sector focus

CleanTech
Financial Services
FinTech
Health Care
...

Investment portfolio

4rounds
NAMEDATESIZE
Octavia Carbon
Oct 2024Led
$4 MSeed
Carry1st
Jan 2023Participated
$27 MSeries B
LipaLater
Jan 2022Led
$12 MSeries A
SeamlessHR
Jan 2022Participated
$10 MSeries A
Octavia Carbon
Oct 2024Led
$4 MSeed
Carry1st
Jan 2023Participated
$27 MSeries B
LipaLater
Jan 2022Led
$12 MSeries A
SeamlessHR
Jan 2022Participated
$10 MSeries A
4
Items
Browse all public portfolio deals

Insights

Time horizon

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Deal Distribution

Lateral Frontiers VC: 4 funding rounds are recorded in the selected participation categories.All available history.
Lateral Frontiers VC: 4 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed10
Series A11
Series B01

Monthly Deal Activity

Lateral Frontiers VC: 4 deals are recorded across 58 months.All available history.
Lateral Frontiers VC: 4 deals are recorded across 58 months. All available history
MonthDeals
Jan '222
Feb '220
Mar '220
Apr '220
May '220
Jun '220
Jul '220
Aug '220
Sep '220
Oct '220
Nov '220
Dec '220
Jan '231
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '241
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Lateral Frontiers VC: Fintech is the largest displayed sector by deal count (2 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Lateral Frontiers VC: Fintech is the largest displayed sector by deal count (2 deals). All available history
SectorDeals
Fintech2
Enterprise Software2
Networks, Cloud & Communication1
Crypto & Blockchain1
AI & Machine Learning1
Professional Services1
Gaming & eSports1
Clean Energy & Sustainability1

Deal Size Distribution

Lateral Frontiers VC: 4 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Lateral Frontiers VC: 4 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M1
$5M-$10M0
$10M-$25M2
$25M-$50M1
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Lateral Frontiers VC: Kenya has the largest recorded deal count among the displayed regions (2 deals).All available history.

Top 3 of 3 regions; European countries are grouped as Europe.

Lateral Frontiers VC: Kenya has the largest recorded deal count among the displayed regions (2 deals). All available history
RegionDeals
Kenya2
Nigeria1
South Africa1
Lateral Frontiers VC: 20 co-investors are shown, with Alumni Ventures sharing 1 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Lateral Frontiers VC: 20 co-investors are shown, with Alumni Ventures sharing 1 recorded deals. All available history
Co-investorShared deals
Alumni Ventures1
Andreessen Horowitz1
Axian1
BITKRAFT Ventures1
Capria Ventures1
Catalyst Fund1
Cauris Finance1
E4E Africa1
Enza Capital1
Fondation Botnar1
Greenhouse Capital1
Ingressive Capital1
Kepple Africa Ventures1
Konvoy Ventures1
Launch Africa1
Renew Capital1
Sayani Investments1
SOSV1
TLcom Capital1
TTV Capital1

Investment Strategy

Lateral Frontiers VC: Led accounts for 50% and participating for 50% of round participation.All available history.
Lateral Frontiers VC: Led accounts for 50% and participating for 50% of round participation. All available history
CategoryDeals (count)Share (%)
Led250%
Participating250%
Lateral Frontiers VC: Single-lead accounts for 0% and co-led for 100% of lead dynamics.All available history.
Lateral Frontiers VC: Single-lead accounts for 0% and co-led for 100% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead00%
Co-led2100%

Team

Hayden Simmons

Venture Partner

Ochuwa Akhigbe-Ogionwo

Operating Principal

Rob Eloff

Managing Partner

Samakab Hashi

Partner

Steven Grin

Managing Partner