HoaQ Club

HoaQ Club is a community of creators and operators dedicated to supporting entrepreneurs in building scalable businesses for Africa and its Diaspora. The club focuses on early-stage tech and tech-enabled startups, aiming to bridge the gap between the diaspora community and entrepreneurs. Their mission is to support founders who are leveraging technology to build economic infrastructure for Africa and Africans.

The club's investment philosophy centers on founders and teams with domain expertise, technical know-how, and some traction within a defined opportunity. They invest in early-stage tech and tech-enabled startups looking to attain large-scale growth, with a preference for technical teams or low technical costs. Their investment stages include Pre-Seed, Seed, and Series A, with a minimum investment size of $25,000 and a maximum of $50,000.

HoaQ Club has a track record of successful exits, including Baseline, acquired by Cloudflare, and Raenest, which delivered a 600% net return to investors. The club emphasizes transparency and proper wind-downs, even in cases where investments did not meet expectations. Their extensive network includes over 750 angel investors and 100 ecosystem stakeholders across Africa and its diaspora, collaborating with major players like YC, Techstars, and Visa Accelerator. The club's portfolio now includes over 100 startups and continues to grow through strategic co-investments and partnerships with other leading investors.