Tech Company Financing Transactions
Renda Funding Round
Renda, operating out of Lagos, raised $1.9 million in funding from Ingressive Capital, Founders Factory and Golden Palm Investments.
Transaction Overview
Company Name
Announced On
5/2/2024
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$1,900,000
Round
Seed
Investors
Ingressive Capital (Lead Investor) (Maya Famodu)
Proceeds Purpose
Money it will use to improve its offerings; to expand into more cities in Nigeria and Kenya, the two markets where it's currently present; and grow its partnership network across these markets.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
6b Rosenje Str. off Soluyi Rd, Gbagada
Lagos, Undisclosed
Nigeria
Lagos, Undisclosed
Nigeria
Phone
Website
Email Address
Overview
Renda is a technology solution that aggregates and provides easy access to the end-to-end fulfillment infrastructure that enables enterprise and e-commerce businesses to scale across Africa. From flexible storage, inventory management, order fulfillment, on-time and in-full delivery, cash collection, and reconciliation, we help businesses streamline operations, reach more customers, and become profitable.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ope Onaboye
Chief Marketing Officer
Toyin Adepegba
Chief Technical Officer
Patrick Jesam
VP - Client Services
Eniola Salami
VP - Human Resources
Motolani Afolayan
VP - Operations
Damilola Owoeye
VP - Product Management
Bimbo Onaboye
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Where The Data Comes From
We report on tech company VC transactions. All VC database entries reported here are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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