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Swoop is building a super app for the African market, starting with on-demand food delivery in Nigeria. It connects users with local restaurants, grocery stores, and pharmacies to enable neighborhood-based deliveries. The app supports multiple payment methods, including bank transfers, debit/credit cards, a digital wallet (Swoop Wallet), and cash on delivery. Orders are placed through the app, merchants list items, and delivery partners bring the orders to customers. Swoop differentiates itself by tailoring to local market conditions and offering a broad payment mix (including cash and wallet) to fit diverse customer needs, along with plans to expand into financial services and other consumer categories beyond food. The company aims to grow into a wide-ranging Africa-focused super app that serves multiple categories and payment options, expanding from its Eswatini origins to Lagos and other urban centers.
Industries
Food & Agriculture
Consumer Software
Fintech
Financial Services
Company Size
11-50
Company Stage
Seed
Total Funding
$7.3M
Headquarters
Lagos, Nigeria
Founded
2025
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Total Funding
$7.3M
Above
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Funded Over
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Excited to announce that Swoop has raised $7.3M from @LongJourneyVC ,@variantfund, @VersionOneVC, @Soma_Capital, @dunevc, Base Capital, @nickymontanaa, and others to build Africa's super-app!We launched as a food delivery service in Eswatini and became the country's largest…— Aubrey Darwin Niederhoffer (@needaubrey) April 23, 2026
A 19-year-old dropped out of Berkeley, raised $7.3 million, and is coming for Chowdeck's lunch. April 24, 2026 There is a particular kind of corporate complacency that only becomes visible when a challenger arrives. Chowdeck, Nigeria's most dominant food delivery platform, has been gestating that complacency for a while now; quietly stacking fees, adjusting terms without notice, and reportedly inflating menu prices above restaurant rates, in what has lately started to feel less like a growing startup and more like a toll booth dressed in a nice logo. Then, this week, a 19-year-old who should be finishing his Berkeley sophomore year moved to Lagos with $7.3 million and a bet that the city is hungry for something better. Aubrey Niederhoffer is the founder of Swoop, a food delivery app now live in Lagos, and the 28-person company just closed $7.3 million in seed funding, as Niederhoffer was simultaneously named to the prestigious Thiel Fellowship. Swoop has officially launched its food delivery operations in Yaba, a densely populated neighbourhood on the Lagos Mainland: a high-stakes market entry into a sector that recently saw the exits of Jumia Food and Bolt Food, but also the rise of local heavyweight Chowdeck. The story behind it is more interesting than most. Niederhoffer grew interested in Africa while playing GeoGuessr as a tween. When he was 15, he started a recruiting company focused on the labour pool in Eswatini, and would visit the southern African country during school breaks. By the time he got to Berkeley, he had already shut that down and was building Swoop. Swoop, formerly known as Thumo, launched in Eswatini in August 2025 and acquired 6,000 users in its first month. That traction was enough. He dropped out, took the Thiel money, and pivoted to Lagos. The Thiel Fellowship, founded by billionaire investor Peter Thiel in 2011, offers young people $250,000 to skip or drop out of college and "build new things." Notable recipients include Figma CEO Dylan Field and Ethereum co-creator Vitalik Buterin. The backing behind Swoop is not light either. The $7.3 million seed round was backed by Silicon Valley investors including Long Journey, Variant, Version One, Dune Ventures, Soma Capital, and Zero Knowledge Ventures, with Walter Kortschak and Base Capital also participating, making it one of the largest seed rounds disclosed by an African consumer startup, and nearly as large as the $9 million Series A that Chowdeck closed in August 2025 after four years of operations. Niederhoffer is not, in his own framing, building a food delivery company. Swoop's backers include a cross-section of funds that suggests investors are buying a broader thesis, not just the delivery vertical. The model draws direct inspiration from Asian markets. "In Africa, there's no legacy banking infrastructure. You're competing with other fintechs. Essentially, you're not competing with credit cards," Niederhoffer said. "Those are not popular, and there's a huge opportunity." The company is treating food delivery as the first step in a larger consumer platform that could eventually stretch into groceries, ride-hailing, and financial services: a model that mirrors the way some Asian super apps use one high-frequency service to build a daily habit before expanding outward. Nigeria's food delivery market was valued at $1.1 billion in 2025, and according to Nigerian payments processor Paystack, which processes payments for Swoop and all the major food delivery companies in Nigeria, the sector grew by 187% between 2021 and 2024. Swoop's Nigerian country manager, Demola Adesina, is clear-eyed about what that means strategically: "We think that the food delivery space in Nigeria is still significantly under-penetrated. Our target is not existing consumption but the users who are not consuming. We are not getting into a war with other platforms. We are trying to grow the pie." On paper, it reads like the right play. On the ground, Yaba is already crowded: Chowdeck, Glovo, and FoodCourt all operate there. And Swoop has its own operational gaps to close. The app has only operated in fair weather so far, and Niederhoffer has yet to know how the service would perform in a rainstorm. The Lagos rainy season is not a small variable. To understand why Swoop's arrival is significant beyond the funding headline, you need to understand what's been happening to Chowdeck's relationship with its users. Chowdeck delivered over 10 million orders in 2025 and surpassed 2.1 million registered users, milestones that, by the company's own telling, underscored a year of rapid growth and execution. The numbers are real. So is the discontent. In February 2026, a Nigerian consumer filed a formal complaint at the Competition and Consumer Protection Tribunal that cut to the heart of the grievance. Dolapo Adedeji alleged that his orders on Chowdeck cost between 20% and 50% more than the actual cost of the same items bought directly from vendors, and when his order arrived, the food was exactly what he had seen in restaurants, with the same portions and same packaging, but he had paid significantly more through the app. The suit goes deeper than the price differential. The action alleges that while Chowdeck presents delivery and service charges as the only additional costs borne by consumers, it allegedly inflates the base price of food items without clearly disclosing this markup. The claimant states that enquiries made directly with vendors revealed that Chowdeck exercises control over pricing on its platform, contrary to representations that restaurants determine their own prices. The suit asks the Tribunal to determine whether presenting menu prices materially higher than those charged by the vendor, without adequate disclosure, constitutes a violation of Section 115 of the Federal Competition and Consumer Protection Act, and whether this failure to disclose amounts to a misleading representation capable of deceiving the ordinary consumer. Chowdeck declined to comment. The legal case is the formal version of a complaint that has been circulating loudly in the informal register for months. One particularly documented account came from a Substack writer who describes himself as a "Prime Minister" tier user - Chowdeck's highest customer bracket, spending a minimum of ₦200,000 on the app per month. His grievances span locked subscription benefits, a spin-to-win promotion he describes as "heavily weighted" to deliver almost nothing, and most pointedly, a paid zero-delivery-fee subscription that charged him a delivery fee anyway. "This is not a pricing adjustment," he wrote. "That is a breach of what was sold to me." His conclusion was the one that should make Chowdeck uncomfortable: not because of the cost, he had spent ₦2.4 million on the app in a single year without losing sleep over it, but because the greed had replaced whatever customer-first instinct once drove the company. Chowdeck is not collapsing. The numbers, funding history, and operational scale all suggest a company with real infrastructure and real users. But dominant consumer platforms do not lose users to a single scandal; they lose them to the accumulated weight of feeling taken advantage of, and to the moment a credible alternative shows up. Swoop posits as an alternative arriving at exactly that moment. The platform uses independent riders rather than a salaried fleet, earns through restaurant commissions and customer handling charges, including a 7% service fee, and is pitching itself as an expansion story rather than a price war. Whether those structural choices translate to a better consumer experience remains to be seen - the rainy season will tell more than any press release. What is clear is that the Lagos food delivery market has an audience primed to try something new. The $7.3 million injection, backed partly by Soma Capital, which previously backed Nigerian unicorn Moniepoint, will finance Swoop's aggressive user acquisition strategy and operational buildout. Niederhoffer is 19. The app is barely live. The super-app thesis is long, expensive, and hard. But in a market where the leading player has handed its users enough receipts, literal and figurative, to write a lawsuit, the conditions for disruption do not require perfection. They require showing up and treating people decently. Internet Company Reaching Young & Smart Africans from Lagos, Nigeria.
Announcing its investment in Swoop. Portfolio, Version One * April 23, 2026 Version One is excited to share that Swoop has raised $7.3M, with participation from Version One alongside its friends at Long Journey, Variant, Soma Capital and Dune. This also marks Version One's first investment in Africa - a market has the potential to produce the next generation of global platform companies. Swoop is building a super-app for Africa - a single platform for payments, food delivery, and everyday commerce. The company launched in Eswatini, where it quickly became the country's largest ecommerce platform with 22,000+ users, and is now expanding into Lagos, Nigeria - one of the world's fastest-growing urban markets. Africa already processes $18T in digital payments annually, growing at >10% per year. But the market remains fragmented, and distribution is still unsolved. Version One believe this creates an opening for a new platform layer. Why Version One invested Swoop's founder and CEO, Aubrey Niederhoffer, has been building toward this for years. As a teenager, he ran a global GeoGuessr community spanning 150+ countries, then built a recruitment company connecting African talent with U.S. employers - giving him early exposure to the continent's depth of talent and ambition. At 19, he dropped out of UC Berkeley, moved to Eswatini, and launched Swoop. Within months, it became the country's leading ecommerce platform. What stands out is his intentionality. Aubrey chose Africa early, relocated, and is building locally. That level of founder-market alignment - and willingness to go where others won't - is rare. The opportunity Africa's first wave of fintech - telecom-led mobile money - was built for a fragmented, offline-first economy. That model worked. But the underlying assumptions are changing. A more urban, connected, and digitally native Africa is emerging. Consumers are moving from single-purpose tools to integrated platforms that bundle payments, commerce, and services into one experience. Version One has seen this playbook before. In Asia, platforms like WeChat and Grab became the default interface for daily life. Version One believe a similar shift is underway in Africa - and that the next generation of platforms will be built natively for this new consumer. Swoop is early, but it is building toward that future. The company launched in Lagos in April 2026, with payments and point-of-sale products to follow. Congratulations to Aubrey and the Swoop team - Version One is excited to partner as they build one of the defining platforms for the continent.
Aubrey Niederhoffer dropped out of UC Berkeley and moved to Africa to launch a food delivery service.
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Industries
Food & Agriculture
Consumer Software
Fintech
Financial Services
Company Size
11-50
Company Stage
Seed
Total Funding
$7.3M
Headquarters
Lagos, Nigeria
Founded
2025
Find jobs on Simplify and start your career today