Adeyemi Ajao
TJ Nahigian
Base10 Partners
Base10 Partners, founded in 2017, has the distinction as the first Black-led venture capital firm to surpass $1 billion in assets under management. Founded by Adeyemi Ajao and TJ Nahigian, the firm invests in founders of technology companies who “solve the problems of the 99%.” Ajao is an operator by background and was the co-founder and CEO of Tuenti, the “Spanish Facebook”, which was acquired by Telefonica in 2010 for $100 million. He was also a founding investor of Cabify, the “Uber of Latin America,” currently valued at over $1 billion. Nahigian was an investor at Coatue Management where he led investments in HotelTonight, Snap, Lyft, and Wish. The firm is distinguished by its investment performance and institutional following across multiple vintages and strategies. This includes the Advancement Initiative Fund, which donates 50% of profits to create scholarships for students at Historically Black Colleges & Universities. The firm prefers to make investments in companies operating in automation, intelligent software, and analytic technologies applied to sectors such as logistics, enterprise SaaS, healthcare, future of food, retail, operations, construction, and finance.
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