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
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
Phone
Undisclosed
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
Wasoko LinkedIn Company Profile
Social Media
Wasoko Company Twitter Account
Company News
Wasoko News
Facebook
Wasoko on Facebook
YouTube
Wasoko on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Daniel Yu
  Daniel Yu LinkedIn Profile  Daniel Yu Twitter Account  Daniel Yu News  Daniel Yu on Facebook
Chief Financial Officer
Sundararaman Pattabiraman
  Sundararaman Pattabiraman LinkedIn Profile  Sundararaman Pattabiraman Twitter Account  Sundararaman Pattabiraman News  Sundararaman Pattabiraman on Facebook
Co-Founder
Josh Raine
  Josh Raine LinkedIn Profile  Josh Raine Twitter Account  Josh Raine News  Josh Raine on Facebook


 

 

Browse more venture capital transactions:

Prev: 2/24/2020: Teikametrics venture capital transaction
Next: 2/24/2020: Pura venture capital transaction

 

Share this article

 


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.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary