Tech Company Financing Transactions
MarketForce Funding Round
MarketForce closed a $40 million Series A funding round on 3/14/2022. Investors included V8 Capital, Greenhouse Capital Partners and SOSV.
Transaction Overview
Company Name
Announced On
3/14/2022
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Series A
Investors
V8 Capital (Lead Investor) (Tobi Oke)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
39 Riverside Dr.
Nairobi, Undisclosed
Kenya
Nairobi, Undisclosed
Kenya
Phone
Website
Email Address
Overview
MarketForce was formed in Nairobi, Kenya in late 2018 by Tesh Mbaabu and Mesongo Sibuti to digitize retail distribution for emerging markets by enabling consumer brands to manage their field sales activities and grow their distribution channels in Africa.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Tesh Mbaabu
Chief Marketing Officer
Eric Mwiti
Chief Operating Officer
Beniamino Bruno
Chief Technical Officer
Mesongo Sibuti
Vice President
Winnie Muriithi
Vice President
Roy Njoka
VP - Customer Service
Philes Atandi
VP - Engineering
Lovell Larbie
VP - Finance
Peter Nakitare
VP - Human Resources
Njeri Ndambia
VP - Product Management
Lucrezia Pirani
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