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Wasoko
company
About
Wasoko transforms access to essential goods and services by connecting small shops to the digital economy.
- Nairobi,Nairobi Area,Kenya
- 1001 - 5000
- https://wasoko.com/
Details
- Last Funding Type
- Series B
- Last Funding Money Raised
- $125M
- Industries
- Consumer Goods,Emerging Markets,Logistics,Sales,Supply Chain Management
- Founded date
- Jan 1, 2013
- Number Of Employee
- 1001 - 5000
- Operating Status
- Active
- Legal Name
- Sokowatch Inc.
- Also Known As
- Reliefwatch,Sokowatch
Wasoko transforms access to essential goods and services by connecting small shops to the digital economy. It increases sales and market coverage for companies in emerging markets. It also enables informal retailers to order products at any time via SMS or mobile app, and receive free same-day delivery to their store. This makes it easier for shopkeepers to source goods and helps manufacturers ensure that their products are consistently available to consumers.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
11
$143.60M
Wasoko has raised a total of
$143.60M
in funding over 2 rounds. Their latest funding was raised on
Mar 16, 2022 from a Series B round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Mar 16, 2022 | Series B | $125M | 11 |
Tiger Global Management
|
— | Detail |
| Feb 1, 2022 | Series C | — | 1 | — | — | Detail |
| Feb 24, 2020 | Series A | $14M | 11 |
Quona Capital
|
— | Detail |
| Jun 24, 2019 | Grant | $100K | 1 | — | — | Detail |
| Feb 22, 2019 | Seed | $2.50M | 8 | — | — | Detail |
Investments
Number of Investments
Number of Lead Investments
2
0
Wasoko has made 2 investments. Their most recent investment was on
Mar 31, 2022, when tushop raised $3M.
|
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
|---|---|---|---|---|
|
Mar 31, 2022
tushop
|
Pre-seed | $3M | Communities | — |
|
Mar 16, 2022
Twelve Labs
|
Seed | $5M | Information Technology | — |
Investors
Number of Lead Investors
Number of Investors
5
29
Wasoko is funded by 29 investors.
Avenir Growth Capital
and Tiger Global Management
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
|
Yes | Series B |
|
Tiger Global Management
|
Yes | Series B |
|
|
Yes | Corporate Round |
|
|
— | Series B |
Binny Bansal
|
— | Series B |
Darwazah Capital
|
— | Series B |
Flucas Ventures
|
— | Series B |
Golden Palm Investments
|
— | Series B |
JAM Fund
|
— | Series B |
|
Quona Capital
|
— | Series B |
Employee Profiles
Number of Employee Profiles
12
Wasoko has 12 current employee profiles, including
Board member Sujeet Kumar
Board member
Executive
Board member
Employee
Executive
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