FasterCapital’s LaunchUp program has welcomed Thrivyx, an API-first SaaS startup based in Nigeria that offers integrated security, productivity, and file-sharing solutions.
Thrivyx, which was founded in 2021, is developing a cloud-native, secure SCADA (Supervisory Control and Data Acquisition) platform for critical infrastructure and industrial systems. Designed for industries like energy, utilities, manufacturing, and smart cities, it offers real-time monitoring, control, and cybersecurity in a single solution.
Its platform enables contemporary features like digital twin visualization, AI-powered anomaly detection, and remote access while integrating with legacy field equipment.
On the other hand, FasterCapital is an international venture capital firm and online incubator that specializes in co-founding and co-funding creative startups. Its LaunchUp program is intended to provide network support, strategic direction, and mentorship to early-stage startups as they develop scalable solutions.
With the help of FasterCapital’s global network, capital resources, and industry knowledge, Thrivyx has joined LaunchUp to expedite its expansion throughout Africa, Europe, and Asia in order to meet the pressing cybersecurity requirements of mid-sized enterprises in emerging markets.
“The global cybersecurity and productivity SaaS market exceeds US$180 billion annually, driven by escalating cyber threats and the growing complexity of enterprise IT environments. However, many mid-sized companies – especially in regulated and tech-driven sectors such as fintech, healthtech, and logistics – struggle with fragmented, costly, and difficult-to-integrate security tools,” said Faster Capital.
“This inefficiency creates significant operational risks and compliance challenges. Thrivyx targets this underserved segment by offering a unified, scalable platform that simplifies security monitoring, productivity analytics, and data management, filling a critical white space in the market.”
