---
title: "Tofino Capital"
description: "Tofino Capital is an early stage venture capital firm that invests at the intersection of frontier markets and frontier technology. The firm is headquartered in Washington, D.C., and was founded by Eliot Pence and Aubrey Hruby as a dedicated vehicle to back technology companies in under invested emerging markets. In Africa, Tofino Capital focuses on pre seed and seed stage investments, with a track record of backing business to business technology platforms. Based on disclosed rounds, the firm has participated in seed financings for SeamlessHR in Nigeria, an all in one HR, payroll, hiring, and time tracking platform, and Nice Deer in Egypt, which provides a unified health insurance workflow for approvals and claims. It has also backed Matta in Nigeria, a company that sources industrial chemicals and materials across Africa through an e commerce model. These investments highlight a thematic focus on enterprise software, HR and talent solutions, insurtech, and e commerce and retail across key African markets such as Nigeria and Egypt. Tofino Capital’s African portfolio reflects its broader strategy of supporting resilient founders building infrastructure like business tools, marketplaces, and financial services in frontier ecosystems. The firm’s activity in Nigeria and Egypt, and co investment alongside regional investors such as Disruptech Ventures, underlines its role in connecting local entrepreneurs with global capital and networks."
canonical_url: "https://liners.com/investors/tofino-capital"
markdown_url: "https://liners.com/investors/tofino-capital.md"
type: "investor"
language: "en"
image: "https://assets.liners.com/storage/v1/object/public/media/investors/tofino-capital/favicon.jpg?v=1785330276925"
updated_at: "2026-09-19T03:01:29.161Z"
---

# Tofino Capital

Tofino Capital is an early stage venture capital firm that invests at the intersection of frontier markets and frontier technology. The firm is headquartered in Washington, D.C., and was founded by Eliot Pence and Aubrey Hruby as a dedicated vehicle to back technology companies in under invested emerging markets. In Africa, Tofino Capital focuses on pre seed and seed stage investments, with a track record of backing business to business technology platforms. Based on disclosed rounds, the firm has participated in seed financings for SeamlessHR in Nigeria, an all in one HR, payroll, hiring, and time tracking platform, and Nice Deer in Egypt, which provides a unified health insurance workflow for approvals and claims. It has also backed Matta in Nigeria, a company that sources industrial chemicals and materials across Africa through an e commerce model. These investments highlight a thematic focus on enterprise software, HR and talent solutions, insurtech, and e commerce and retail across key African markets such as Nigeria and Egypt. Tofino Capital’s African portfolio reflects its broader strategy of supporting resilient founders building infrastructure like business tools, marketplaces, and financial services in frontier ecosystems. The firm’s activity in Nigeria and Egypt, and co investment alongside regional investors such as Disruptech Ventures, underlines its role in connecting local entrepreneurs with global capital and networks.

## Breadcrumbs

- [Investors](/investors)
- [Tofino Capital](/investors/tofino-capital)

## Summary

Tofino Capital is an early stage venture capital firm that invests at the intersection of frontier markets and frontier technology. The firm is headquartered in Washington, D.C., and was founded by Eliot Pence and Aubrey Hruby as a dedicated vehicle to back technology companies in under invested emerging markets. In Africa, Tofino Capital focuses on pre seed and seed stage investments, with a track record of backing business to business technology platforms. Based on disclosed rounds, the firm has participated in seed financings for SeamlessHR in Nigeria, an all in one HR, payroll, hiring, and time tracking platform, and Nice Deer in Egypt, which provides a unified health insurance workflow for approvals and claims. It has also backed Matta in Nigeria, a company that sources industrial chemicals and materials across Africa through an e commerce model. These investments highlight a thematic focus on enterprise software, HR and talent solutions, insurtech, and e commerce and retail across key African markets such as Nigeria and Egypt. Tofino Capital’s African portfolio reflects its broader strategy of supporting resilient founders building infrastructure like business tools, marketplaces, and financial services in frontier ecosystems. The firm’s activity in Nigeria and Egypt, and co investment alongside regional investors such as Disruptech Ventures, underlines its role in connecting local entrepreneurs with global capital and networks.

## Recorded investments

| Product | URL | Stage | Amount | Date |
| --- | --- | --- | --- | --- |
| Matta | /matta | Seed | 5000000 | 2023-08-01T00:00:00.000Z |
| Matta | /matta | Seed | 130000 | 2023-07-01T00:00:00.000Z |
| Nice Deer | /nice-deer | Seed | 1000000 | 2022-06-01T00:00:00.000Z |
| SeamlessHR | /seamlesshr | Seed | 150000 | 2019-04-01T00:00:00.000Z |

## Related pages

- [All investors](/investors)
- [Funding rounds](/funding)

## Access and citation

- [Canonical HTML page](https://liners.com/investors/tofino-capital)
- [Markdown route index](/sitemap.md)
- [Agent access guide](/llms.txt)