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Afia Capital operates as an investment platform and venture capital firm, strategically connecting professional athletes with promising emerging companies. The firm focuses primarily on the sports and wellness sectors, offering not only capital but also valuable insights and feedback derived from its unique investor base. This model leverages the specialized knowledge and extensive networks of elite athletes, providing a distinct advantage to its portfolio companies.
The firm was founded in 2019 by brothers John Onwualu and James Onwualu. Their combined backgrounds, with John as a former NFL athlete and James bringing private equity expertise, informed the foundational insight of Afia Capital. They recognized the untapped potential in channeling the strategic influence and business acumen of professional athletes into impactful investment opportunities, moving beyond traditional investment paradigms.
Afia Capital serves both professional athletes looking for direct engagement in relevant industries and growth-stage companies seeking more than just financial backing. The firm’s vision is to cultivate a dynamic ecosystem where the significant experience and influence of athletes directly contribute to the success and innovation of the sports and wellness industry, fostering a mutually beneficial relationship between investors and ventures.
Afia Capital has 1 tracked investment across 1 company. The latest tracked deal is $32.0M Series C in Teamworks in April 2020.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Apr 1, 2020 | Teamworks | $32.0M Series C | DAN Williams | Accomplice VC, Bain Capital, B Capital Group, Insight Partners, JLL Spark, Mike Gordon, Reggie Love, Stephen Pagliuca, Duke University, General Catalyst, Seaport Capital, Stadia Ventures |