HumanSquad, a Nigerian startup automating immigration requests and processes, has raised an unknown amount in pre-seed capital. Co-founder and CEO of the company, Tunde Omotoye, who reported this says the ‘six-figure’ pre-seed investment was led by Calm Fund.
In addition to the money, HumanSquad says it is also gaining important help from the robust network of other founders and VCs within Calm Fund.
The fundraising comes exactly two years after the firm debuted in June 2020. According to Omotoye, the money would enable the company to move more effectively in all of the areas that are crucial to its success.
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“The past 2 years have been filled with incredible progress. We’ve been building other sub-products under HumanSquad (which is now the parent company), hiring, getting recognized in Canada’s startup ecosystem, and getting ready to ship a study abroad product to its first users in a couple of weeks. Everything started with just two people — until now,” Omotoye said, in a statement.
“In terms of product, we will continue the development of our proprietary immigration tech product as well as the study abroad product (launching in a few weeks) which we have been building in the past few months. Our vision is to create products along the immigration value chain that are world-class in terms of usability and simplicity,” he further noted.
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“We foresee that there will be an entirely new category of APIs built on top of our products within a few years, and we want to be at the forefront of the development. We will also be hiring some extraordinary software engineers, marketing leads, and design experts to join us on our journey. Joining HumanSquad at this stage is a perfect opportunity for those who enjoy taking ownership and want to play a significant role in the evolution of our products and HumanSquad as a company,” he said.
Charles Rapulu Udoh
Charles Rapulu Udoh is a Lagos-based lawyer, who has several years of experience working in Africa’s burgeoning tech startup industry. He has closed multi-million dollar deals bordering on venture capital, private equity, intellectual property (trademark, patent or design, etc.), mergers and acquisitions, in countries such as in the Delaware, New York, UK, Singapore, British Virgin Islands, South Africa, Nigeria etc. He’s also a corporate governance and cross-border data privacy and tax expert.
As an award-winning writer and researcher, he is passionate about telling the African startup story, and is one of the continent’s pioneers in this regard. You can book a session and speak with him using the link: https://insightsbyexperts.com/view_expert/charles-rapulu-udoh