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Vendease Analysis: $3M Raised

What is Vendease?

Vendease is a platform that streamlines procurement for food businesses in Africa, allowing direct orders from farms and manufacturers while automating the food supply chain.

Employees
250
Founded
2019
Revenue
$24.7M
Company Stage
Series A
Investors
- Partech Africa - TLcom Capital
YC Batch
W21

Product Features & Capabilities

  • food supply marketplace, over 8000 items available, free same-day delivery, buy now pay later options, integrated payments, product catalog with over 3000 supplies, reports and analytics for better decision-making, inventory management, staff management, order processing automation.

How much Vendease raised

Seed - $3.2 million

October 25, 2021
Lead Investor: Global Founders Capital, Hack VC, Soma Capital

Who are the founders of Vendease

TK

Tunde Kara

Founder

GA

Gatumi Aliyu

Chief Product Officer

OF

Olumide Fayankin

Chief Operations Officer

Company Pricing

  • Standard Plan: $20/month (N30,000) for up to 3 users.
  • Additional users can be added for $5/month (N7,500) each.
  • Includes one complimentary POS device.

Find more companies like Vendease

in Y Combinator Batch W21 Companies

Financial Overview

$24.7MEstimated Revenue
$3MTotal Raised
Seed$3.2 million
October 25, 2021
Investors: Global Founders Capital, Hack VC, Soma Capital
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