Tech Company Financing Transactions
Jumba Funding Round
On 2/20/2023, Jumba received $4.5 million in Seed investment from LocalGlobe, Alumni Capital Network and Enza Capital.
Transaction Overview
Company Name
Announced On
2/20/2023
Transaction Type
Venture Equity
Amount
$4,500,000
Round
Seed
Investors
LocalGlobe (Lead Investor)
Enza Capital (Mike Mompi)
Proceeds Purpose
Jumba, which enables construction material retailers (regarded as hardware stores locally), found on almost every block, to restock, and real estate developers to access the supplies they need for their projects, claims to have recorded three times quarterly growth at the close of last year.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
Undisclosed
Nairobi, Undisclosed
Kenya
Nairobi, Undisclosed
Kenya
Phone
Website
Email Address
Overview
Jumba is a construction tech platform that simplifies B2B purchase and financing of construction materials
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Kagure Wamunyu
Chief Financial Officer
Peace Osangir
Chief Technical Officer
Miano Njoka
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