Tech Company Financing Transactions
Wasoko Funding Round
Wasoko closed a $14 million Series A investment round on 2/24/2020. Backers included Quona Capital, 4DX Ventures and Amplo.
Transaction Overview
Company Name
Announced On
2/24/2020
Transaction Type
Venture Equity
Amount
$14,000,000
Round
Series A
Investors
Proceeds Purpose
With its Series A, the startup plans to broaden its client services -- from working-capital to data-analytics -- and target new African markets, according to CEO Daniel Yu.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
Roshanmaer place, Lenana road Nairobi
Nairobi, 00100
Kenya
Nairobi, 00100
Kenya
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Developer of an on-demand inventory service platform designed to re-imagine ordering and delivery for small retail stores using mobile communications and payments. The company's platform provides multinational companies with a data-driven distribution network focused on the informal sector of emerging markets, enabling multinational companies to increase their sales and market coverage.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Daniel Yu
Chief Financial Officer
Sundararaman Pattabiraman
Co-Founder
Josh Raine
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Where The Data Comes From
We do our best to record every notable VC transaction. VC investment data records on this site come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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