Folabi is an entrepreneur, investor and partner at Adlevo Capital. Prior to joining Adlevo Capital, Folabi was the founder and Managing Consultant of Catalyst TDC, a Nigeria-based consulting firm that advises clients on technology adoption issues within their companies. Prior to founding Catalyst TDC, Folabi was the Managing Director of SAP Nigeria, the Nigerian subsidiary of the leading enterprise software company, for five years. He successfully drove the company to profitability within three years and was instrumental in building the company up to its current position as the leading provider of enterprise software to large corporations in the region.
Before he joined SAP, Folabi managed Heureka Consulting, a marketing consulting firm that provided consulting services to small and mid-sized IT Companies in Nigeria. He started Heureka Consulting after founding and running Wood Products Limited, a Nigeria-based manufacturer of wood products. Folabi’s previous experience also includes positions with Bain & Company in the US and Andersen Consulting in Nigeria. He serves as the Chairman of Rancard Solutions Limited and as a Director of SOLO Phone Nigeria Ltd. He also serves as President of the Nigerian German Business Association and the Stanford Alumni Club of Nigeria.
Folabi holds an M.S. in Manufacturing Systems Engineering from Stanford University, an M.Sc. in Innovation Management and Technology Policy from Birkbeck, University of London and a B. Eng. in Mechanical Engineering from Ahmadu Bello University.