Tizeti raises $2.1m seed funding to give even more Nigerians unlimited internet

by | Jun 26, 2017

Tizeti, the company behind (wifi.com.ng), has just closed seed funding of $2.1 million from international investors including Western Technology Investment, Social Capital, Vy Capital, Picus Capital, Ace & Company, Lynett Capital Partners, Zeno Ventures and a number of angel investors including Y Combinator’s Michael Seibel and Gabriel Hammond.

Founded by Kendall Ananyi and Ifeanyi Okonkwo in 2012, Tizeti has provided unlimited internet service to estates, SMEs, hotels, restaurant, and even large corporate organisations in Lagos for more than 3 years.

Tizeti Co Founder Kendall Ananyi

Kendall Ananyi

Barely 3 months ago, Tizeti was among 5 Nigerian startups that made Y Combinator’s winter 2017 batch.

Tizeti Co Founder Ifeanyi Okonkwo

Ifeanyi Okonkwo

Over the years, Tizeti has managed to keep prices relatively lower in comparison to established ISPs by replacing diesel with solar-powered base stations spread across Lagos. With the new capital injection, they look to scale up the service in Lagos, with 3000 new public hot-spots, as well as expand to the South-South region of Nigeria.

“Today’s seed announcement allows us to grow aggressively in the Nigerian market, and we will continue to invest in building out our own solar powered infrastructure, as well as refine and expand our consumer focused product that delivers reliable, cost-effective Wifi to potentially millions of Nigerians. We aim to ‘win Lagos’, with a view to expanding across the West African region over the next 18-24 months,” said Kendall Ananyi.

Múyìwá Mátùlúkò
Múyìwá Mátùlúkò

Chief Servant. I bully myself because I make me do what I put my mind to.

On January 22, 2022, be part of the largest gathering of innovators, startup founders, thinkers, programmers, policymakers, and investors in West Africa. Register free.

Subscribe
Notify of
guest
2 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Kingin Errday IV
Kingin Errday IV
4 years ago

Its a messy internet service provider. More worst when there is rainfall. It just collapses for the next one week.

Kingin Errday IV
Kingin Errday IV
4 years ago

Tizeti. Your ISP is not working for PrintWorld Nigeria. Come and take your messy internet

Recent News

Uber’s bet on ‘Okada’

Uber’s bet on ‘Okada’

Today on #TechpointDigest, @nifemeah discusses Uber’s launching its motorbike hailing service, UberMoto, in Ibadan.

Subscribe to Techpoint Digest!

A daily 5-minute roundup of happenings in African and global tech, sent directly to your email inbox, between 5 a.m. and 7 a.m (WAT) every week day!

Please check your email to confirm your subscription.

Subscribe to Crypto Explorer

A monthly series featuring in-depth analysis on the cryptocurrency sector in Africa

Please check your email to confirm your subscription.

Subscribe to The Experts

A bi-weekly where tech career specialists take us on their journey from newbie to expert, and how they became successful in the industry.

Please check your email to confirm your subscription.

Subscribe to Founder's Table

A monthly series, where we catch up with founders in the startup ecosystem, learn about their failures, successes and a few tricks of the trade

Please check your email to confirm your subscription.

Copy link
Powered by Social Snap