440.ng startups set to pitch to investors for follow-on funding at its Investor Day

With the first 440.ng accelerator programme fast running to an end, the startups under the programme will today pitch to potential investors for follow-on funding at 440.ng’s Investor Day holding at the Lagos Garage.

At 440.ng, the startups are taking part in a three-month accelerator programme to assist with product development, revenue generation and customer acquisition, while connecting them with mentors, partners, investors and key clients.

“This program’s startups are the strongest overall I have done in regards of how many of the companies that can turn into profitable business. 7 out of the 9 companies are making revenue, one above USD60,000 per month, so it will be interesting to see which ones the investors will be most excited about tonight,” said Kresten Buch, co-founder of 440.ng

He had earlier told HumanIPO at the beginning of the accelerator programme that: “Besides capital, one of the biggest needs of early stage startups is access to experienced mentors, key decision makers, and the kind of peer-to-peer interaction that this kind of programme enables.”

“Having seen the talent, hustler mentality, and sheer market size of Nigeria, I think we will see some amazing companies come out of this program,”

The 440 Lagos Startups are online fashion label for men Jay Osbie, female fashion-focused startup Ella.ng, Obiwezy, gingerbox.ng, Click Right, Taja, Fuelvoucher, ourprayerbox.com and youngsoul.ng



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