Vendease
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Overview
VendEase is an online marketplace that lets restaurants in Africa, order supplies directly from farms and food manufacturers. Using the platform, food service business owners and managers can digitize, track, and automate their procurement and inventory management processes. It also provides businesses with analytics to improve profitability and eliminate waste.
The company was founded in 2020 and is based in Lagos, Nigeria.
About
Industries
Software, E-Commerce, Marketplace, Apps, Food and Beverage
Founded
2020
Employees
251-500
Headquarters locations
Africa
Social
N/A
Profile Resume
Vendease headquartered in Africa, operates in the Software, E-Commerce, Marketplace, Apps, Food and Beverage sector. The company focuses on Software and has secured $2.7B in funding across 80 round(s). With a team of 251-500 employees, Vendease is actively contributing to advancements in Software. Their latest funding round, Series A - Vendease, raised $20.0M. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
Funding rounds
4
Investors
10
Lead Investors
0
Total Funding Amount
$33.2M
Details
3
Vendease has raised a total of $33.2M in funding over 3 rounds.
| Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
|---|---|---|---|---|
| 2021 | Seed | |||
| 2021 | Seed | 3.2M | ||
| 2022 | Early Stage Venture | 20.0M |
Investors
Vendease is funded by 29 investors.
| Investor Name | Lead Investor | Funding Round | Partners |
|---|---|---|---|
| VentureSouq | - | FUNDING ROUND - VentureSouq | 20.0M |
| MAGIC Fund | - | FUNDING ROUND - MAGIC Fund | 20.0M |
| Vendease | - | FUNDING ROUND - Vendease | 20.0M |
| Y Combinator | - | FUNDING ROUND - Y Combinator | 20.0M |
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