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Nigeria’s Connected Analytics (ThankUCash) to Participate in 26th Cohort of 500 Startups

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connected analytics

Connected Analytics (ThankUCash) has been selected for the 26th Cohort of 500 Startups Accelerator Programme.

This makes Connected Analytics (ThankUCash) the only African startup that will participate in Cohort 26 of the 500 Startups Accelerator Programme.

Founded in 2018 by Madonna Ononobi, Simeon Ononobi and Suraj Supekar, Connected Analytics, a Nigeria-based company help businesses and banks integrate data analytics and rewards in order to retain customers and increase revenue.

After the 500 Startups Accelerator Programme, the startup is expected to receive $150,000 investment for 6% of their equity.

Besides Connected Analytics, other Nigerian startups that have been selected for the 500 Startups Accelerator Programme are EZ Farming (2019) and Thrive Agric (2018).

It might interest you to to know that 500 Startups charges a $37,500 for the program itself and the successful startups (29) were selected from a pool of 3,000 applicants representing a less than 1% acceptance rate.

500 Startups is a global venture capital firm with a network of startup programs headquartered in Silicon Valley with over $454M in committed capital across 4 main funds and 15 thematic funds.

500 Startups have invested in 2,200+ technology startups globally since inception in 2010 including Twilio (NYSE: TWLO), Credit Karma, SendGrid, Grab, GitLab, Bukalapak, Canva, Udemy, TalkDesk, Intercom, Ipsy, MakerBot (acq’d by SSYS), Wildfire (acq’d by GOOG), and Viki (acq’d by Rakuten).

READ  Nigeria’s Thrive Agric Selected For 500 Startups Accelerator Programme

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