Venco is a Lagos, Nigeria-based technology company offering an all-in-one platform for property owners, property managers and residents to run residential and commercial communities. Its platform simplifies bill payments, visitor access, issue and emergency management, and utilities vending while automating collection and reconciliation of dues and payments to improve receipts and margins for property owners. For residents, Venco provides self-service tools for visitor control, issue management and utilities vending, and embeds financial services including insurance and credit facilitation for rent, service charges and household spend. The company plans to use the $670K pre-seed funding to build out its credit delivery infrastructure for rent and household spend and to expand into additional cities and countries across Africa. Venco’s solutions aim to reduce the cost of service delivery and increase convenience for communities. The company was co-founded by Chude Osiegbu (CEO), Reagan Mbitiru (CTO) and Uzochukwu Alor (COO).

Total raised

$1M

Funding rounds

1

Latest round

Seed

Latest activity

Dec 2022