Lagos
Metro area · Nigeria · Pop. 21.3M
Enterprise value
How much Lagos’s VC-backed companies are worth
Combined enterprise value of VC-backed companies headquartered in Lagos, founded since 1990 and still operating, at the end of each year. Companies stay in the total after they list or are acquired.
VC investment
How much venture capital flows into Lagos
VC investment into Lagos-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage.
Startup funnel
Lagos's startup funnel
Companies headquartered in Lagos at each stage today, by total VC raised. Hover a bar for the split.
Source: Dealroom.co
Quarterly report
Lagos's latest quarter in venture capital
VC raised by Lagos-headquartered companies in the quarter shown, against the quarter before and the same quarter a year earlier.
Latest complete quarter
Loading VC raised by Lagos-headquartered companies…
Largest rounds
Largest funding rounds in Lagos
A live treemap of the largest VC rounds. Each cell is one round into Lagos-headquartered companies, grouped by Dealroom sector.
Largest rounds in Lagos - 2026
Academia
Lagos's academic flywheel
Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Lagos.
Location comparison
How Lagos stacks up
Compare Lagos with peers from the same country (Nigeria) — switch between combined EV, EV growth, and a growth × size view. Expand the table for the full ranking.
Combined enterprise value of each ecosystem.
More data
Explore Dealroom data →Get the full Lagos ecosystem on Dealroom
Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.