Tech Company Financing Transactions

Vendease Funding Round

Vendease closed a $30 million Series A venture capital round on 9/26/2022. Investors included Partech Partners, TLcom Capital and GFR Fund.

Transaction Overview

Company Name
Vendease
Announced On
9/26/2022
Transaction Type
Debt
Venture Equity
Amount
$30,000,000
Round
Series A
Investors

Partech Partners (Lead Investor) (Cyril Collon)

TLcom Capital (Lead Investor) (Andreata Muforo)

GFR Fund

Hack VC

Hustle Fund

Kairos Ventures

Kube.VC

MAGIC Fund

VentureSouq

Proceeds Purpose
Vendease plans to use the investment to deepen operations, consolidate its presence in eight cities across Nigeria and Ghana (the company recently expanded to the latter), move into new markets and build new products to increase customers' efficiency.

Company Information

Company Status
Private & Independent
Industry
ECommerce
Mailing Address
2025 Guadalupe St. 260
Austin, TX 78705
USA
Phone
Undisclosed
Website
www.vendease.com
Email Address
[email protected]
Overview
Vendease is a platform that makes procurement easier and more transparent for Hotels and Restaurants in Africa. On the Vendease platform, food businesses can order anything they want at the best possible prices. Vendease helps businesses grow by improving their cashflow through our buy-now-pay-later system.
Profile
Vendease LinkedIn Company Profile
Social Media
Vendease Company Twitter Account
Company News
Vendease News
Facebook
Vendease on Facebook
YouTube
Vendease on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Tunde Kara
  Tunde Kara LinkedIn Profile  Tunde Kara Twitter Account  Tunde Kara News  Tunde Kara on Facebook
Chief Operating Officer
Olumide Fayankin
  Olumide Fayankin LinkedIn Profile  Olumide Fayankin Twitter Account  Olumide Fayankin News  Olumide Fayankin on Facebook
Chief Technical Officer
Wale Oyepeju
  Wale Oyepeju LinkedIn Profile  Wale Oyepeju Twitter Account  Wale Oyepeju News  Wale Oyepeju on Facebook
VP - Product Management
Gatumi Aliyu
  Gatumi Aliyu LinkedIn Profile  Gatumi Aliyu Twitter Account  Gatumi Aliyu News  Gatumi Aliyu on Facebook

 

 

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