Kaleo Ventures is an early-stage venture capital firm based in Dallas, Texas, and Lagos, Nigeria. The firm invests equity in faith-aligned entrepreneurs across Africa, targeting pre-seed and seed-stage companies in any sector. Kaleo seeks to fund over 50 such entrepreneurs each year and currently maintains a portfolio of more than 30 early-stage tech companies across the continent. Kaleo Ventures focuses on African startups, with investments primarily at the seed stage (six rounds) and one Series A round, totaling $12.5 million from February 2022 to August 2025. The firm has shown geographic preferences for Nigeria (five investments) and Kenya (two investments), spanning sectors including fintech (three), edtech (two), logistics and supply chain (one), and productivity and workspace (one). Portfolio companies include Chowdeck, Billboxx, Lingawa, Scale, Zydii, and gamp. Kaleo provides portfolio companies with access to mentorship networks in African and U.S. tech ecosystems, as well as U.S. and European VC relationships for downstream capital. The firm has co-invested alongside partners such as Y Combinator, Novastar Ventures, and The MasterCard Foundation.