DATA LABORATORY

Pre-Seed Round · February 2026

The first data infrastructure company for Nigeria's ₦3 trillion cooperative sector.

₦14.27M (~$8,550 USD) for 5–10% equity. Profitable from client 1. 207x LTV:CAC.

Why now

1

NDPA 2023 compliance urgency

Nigeria's Data Protection Act 2023 requires institutions handling member data to operate with compliant systems. Datab is built compliant by design.

2

CBN KYC pressure

KYC scrutiny has tightened for cooperative and lending operations. Institutions now need NIN-verified digital records; paper no longer scales.

3

First-mover network effects

The first cross-institution credit network in this segment compounds in value as each institution joins Atlas and strengthens shared signal quality.

4

Zero adequate existing solution

Core banking is expensive and internet-dependent, while spreadsheets and consumer fintech tools miss institutional workflow realities.

The numbers.

Gross Margin

LTV:CAC Ratio

< 1 institution

Break-even

Payback period

Year 1 Revenue

Year 1 Net Profit

Year 3 Revenue

₦160,000

Monthly burn

A massive, unaddressed market.

20,000+ cooperatives

400–2,000 members each. ₦7.5M–₦14M annual revenue potential per institution.

1,000+ MFIs

200–5,000 members. ₦9M–₦32M annual revenue potential per institution.

5,000+ money lenders

Licensed segment. 100–500 members. ₦3.6M–₦5M annual revenue potential per institution.

At 5% penetration of cooperatives alone — 1,000 institutions — annual recurring revenue exceeds ₦30 billion.

What we've built before raising a single external naira.

1. ₦2M personal capital invested by founder

2. DatabStudio platform fully built (Member, Loans, Savings, Payroll Pipeline, WhatsApp, Risk Dashboard)

3. Atlas Core (Edge Agent + Hub) complete

4. Institution 1 deployment scheduled for March 2026

5. All legal foundation complete (CAC, Shareholders Agreement, IP Assignment)

6. NDPA 2023 compliant architecture

7. Full team assembled: 5 people across engineering, ops, risk, and growth

What ₦14.27M buys.

Hardware (12 Node Lite deployments)₦7.68M54%
AWS infrastructure (24 months)₦2.21M15%
Team salaries (12 months)₦1.92M13%
Sales & marketing₦1M7%
Legal / NDPC / NIMC₦500K4%
Working capital₦960K7%

Request the investor deck.

We share full financials, cap table, architecture, and legal foundation directly with serious investors after a brief conversation.