Tech Company Financing Transactions
Brimore Funding Round
Brimore secured a $25 million Series A funding round on 2/4/2022. Investors included Endure Capital, International Finance and Algebra Ventures.
Transaction Overview
Company Name
Announced On
2/4/2022
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series A
Investors
Endure Capital (Lead Investor)
International Finance (Lead Investor)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
4 Street 206, Degla Sq. Maadi
Cairo Governorate, 11728
Egypt
Cairo Governorate, 11728
Egypt
Phone
Undisclosed
Website
Email Address
Overview
Brimore is Africa's 1st and fastest-growing social commerce and parallel distribution channel. We provide emerging brands with nationwide coverage through a network of individual sellers. 92% of our sellers are women and mostly stay-at-home mothers looking for a decent income opportunity.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Mohamed Abdulaziz
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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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