Cavidel

What Cavidel does

Cavidel Limited is a Nigerian private technology and consulting company founded in 2017, headquartered in Lagos, that develops and sells vertical-specific enterprise software alongside IT advisory, systems integration, and custom software development services. The company operates a portfolio of seven proprietary products targeting distinct Nigerian verticals: the Officemate suite (ERP, HR, Accounting) for general enterprise; myClinicEMR for hospitals and clinics; TIMS (Trading & Investment Management System) for bureau de change and FX operations; CAVIDEX for financial market trading simulation; and CALMS (Learning Management System) for education and training.

The underlying technology stack is web-based with cloud deployment, emphasizing online real-time data capture, processing, and reporting. The company delivers these products through a direct enterprise sales motion with a consultative, quote-based pricing approach; products are offered on subscription or annual contracts, and public pricing is not disclosed. Customers are predominantly Nigerian enterprises and financial institutions (e.g., Marathon Asset & Fund Management, Anchoria, Veritas Pensions, Vision Capital Eye Hospital, Lekki Gardens), with revenue also generated from project-based consulting and custom software development engagements.

Cavidel is founder-controlled (CEO Dipo Odeyemi, formerly SVP at FMDQ OTC Securities Exchange) and bootstrapped, with no disclosed external funding, acquisitions, or partnerships. The team of 16 staff combines software development, mobile app development, information systems audit, and consulting research, and is supplemented by an external network of sector advisors. Marketing is conducted primarily through the Cavidel website and product-specific landing pages, supported by client testimonials and case study references.

Name

Cavidel

Legal name

Cavidel Limited

Website

https://cavidel.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

Cavidel Limited is a Lagos-based Nigerian technology and consulting company founded in 2017 that develops and sells vertical-specific enterprise software (Officemate ERP/HR/Accounting, myClinicEMR, TIMS, CAVIDEX, CALMS) and IT advisory services to enterprise clients in financial services, healthcare, and real estate.

Ownership category

akta.pro rank

Product category

Enterprise Software

NAICS

Software Publishers (513210), Custom Computer Programming Services (541511), Other Computer Related Services (541519), Computer Systems Design and Related Services (54151)

SIC

Services-Prepackaged Software (7372), Services-Computer Programming Services (7371), Services-Management Consulting Services (8742), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Core ERP Suites (Financials, Procurement, Projects) (HDAEAEAA)

Keywords

• Enterprise software solutions
• Financial market technology
• Healthcare management software
• Business process automation
• IT consulting services

Headquarters

HQ city

Lagos

HQ country

Nigeria

HQ region

Africa

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Software Product Sales: Sale of proprietary enterprise software products including Officemate ERP, myClinicEMR, TIMS, CAVIDEX, and CALMS. Products are offered as solutions to businesses across financial markets, healthcare, and other industries.
2. Consulting Services: IT Advisory & Support, Software Development, Information Systems Audit, and Systems Integration consulting services provided to businesses.
3. Custom Software Development: Provision of customized software applications to help businesses automate process tasks using online, real-time data capture, processing, and reporting methodology.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Cavidel Limited provides proprietary enterprise software products and IT consulting services to businesses. Its product portfolio includes the Officemate suite (ERP, HR, Accounting), myClinicEMR for healthcare, TIMS for bureau de change FX trading, CAVIDEX for financial market trading simulation, and CALMS for learning management. Complementary services include IT Advisory & Support, Custom Software Development, Information Systems Audit, and Systems Integration.

Product overview

Cavidel Limited provides a suite of business software solutions across financial markets, healthcare, and enterprise operations. The product portfolio centers on the Officemate ecosystem (ERP, HR, and Accounting modules) as a unified platform with modular components, complemented by sector-specific solutions including myClinicEMR for healthcare facilities, TIMS for bureau de change and FX trading operations, CAVIDEX for financial market trading simulation, and CALMS for learning management. The company positions itself as delivering technology and consulting services that automate business processes, improve efficiency, and provide information security across diverse industries including financial markets, banking, human resources, health, real estate, and agricultural systems.

Differentiator

Problem solved

Functional benefit

Brands

• Officemate: Enterprise resource planning product line including ERP, HR, and Accounting modules with dedicated website at officemate.ng
• myClinicEMR

Products and services

• Officemate ERP Enterprise resource planning software that automates processes and increases productivity by streamlining HR, accounting, office administration, and customer relationship management in one unified system with real-time data and workflow automation.
• myClinicEMR Electronic medical records and hospital management system that helps hospitals reduce administrative and clinical transaction costs, improve patient care responsiveness, and streamline operations through patient management, laboratory and pharmacy records, surgery documentation, billing, inventory, and reporting modules.
• TIMS (Trading & Investment Management System) Trading and investment management system for bureau de change (BDC) operations that enables tracking of payables and receivables during settlement, determination of weighted average cost (WAC) of foreign currency inventory, and real-time profitability analysis for FX businesses.
• CAVIDEX (Cavidel Automated Trading & Simulation System) Software enabling individuals or groups to trade virtual financial market instruments while monitoring performance in terms of volumes and profitability, with multi-instrument trading across equities, fixed income, foreign exchange, and derivatives, mark-to-market valuation, a portfolio dashboard, and live price streaming.
• CALMS (Cavidel Automated Learning Management System) Learning management system that creates an ideal learning environment with integrated virtual classroom, skill framework, data storage and audit capabilities, e-commerce for selling learning content, and semi-automatic course administration.
• IT Advisory & Support Services IT advisory services for growing businesses aimed at improving business performance across different levels of an organisation by advising on, selecting, or designing technology solutions that enhance a company's profile.
• Custom Software Development Services Provision of customized software applications to help businesses automate process tasks using online, real-time data capture, processing, and reporting methodology.
• Information Systems Audit Services Information systems audit services that minimize technology and security risks by providing timely information on operating and financial positions to improve performance, increase revenue, reduce expenses, and lower audit fees.
• Systems Integration Services Planning, coordinating, and supervising all activities related to the integration of software programs and applications into an organisation's information systems.

Quantifiable outcome

• 30+ completed projects
• +1 more outcomes

Named customers7 records

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• SAP: Global ERP incumbent (S/4HANA, Business One) competing broadly for the same enterprise middleware budget as Officemate ERP. Larger, broader portfolio; not specialised in Nigerian vertical needs but a credible competitor for enterprise deals.
• Oracle: Global ERP/finance/HCM vendor (Oracle Cloud ERP, NetSuite) competing for the same enterprise IT modernisation spend as Cavidel. Much broader portfolio but overlaps with Officemate Accounting and ERP.
• Infor: Global ERP and industry-specific cloud software vendor. Comparable as a multi-product enterprise platform competing for the same enterprise software budget as Officemate ERP, though with significantly broader geographic reach.
• Sage: UK-headquartered accounting and ERP vendor with strong SMB and mid-market presence across Africa. Comparable product footprint to Officemate Accounting and Officemate ERP, especially in the Ghana and Nigeria markets.
• Microsoft (Dynamics 365): Global enterprise applications suite (Dynamics 365 Finance, Supply Chain, Business Central) competing with Officemate ERP. Broad incumbent with strong partner channel in Africa.

Emerging players

• AppZone: Nigerian fintech software company building core banking and digital banking platforms for African banks. Adjacent to Cavidel's TIMS and CAVIDEX trading systems given overlapping African-bank customer base.

Direct peers

• SystemSpecs: Nigerian enterprise software company behind Remita and HumanManager. Comparable as a homegrown multi-product software house serving banks, payroll, and HR — overlapping directly with Officemate ERP/HR and B2B enterprise sales in Nigeria.
• Seamfix: Nigerian identity verification and biometric software company with deep banking-sector relationships. Comparable as a Nigerian enterprise software firm selling into regulated financial institutions with proprietary technology and enterprise sales motion.
• HumanManager: Nigerian HR and payroll software vendor serving enterprise clients. Closely comparable to Officemate HR in target segment (HR/Admin), customer base (Nigerian corporates), and product functionality.
• Helium Health: West African EHR and hospital management company serving hospitals and clinics across Nigeria and East Africa. Direct competitor to myClinicEMR with comparable vertical SaaS positioning and customer base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights6 records

Customer concentration

• Xx.com/cavidel_limited
• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/cavidel-limited-nigeria

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cavidel