Powered By People
Mobile-first, distributed manufacturing system offering online tools, financing solutions, and a B2B marketplace to the small and mid-sized enterprises in the creative manufacturing and handmade sector
Location: Kenya
Website: https://www.poweredbypeople.io/
Sector: Retail
Funding Stage: Seed, Seed, Series A, Grant,
Total Funding ($m): 20.1
# of Founders: 3
Founding Year: 2018
Funding Year: 2023
| Year | Amount | Stage | Investors |
|---|---|---|---|
| 2021 | $1.5m | Seed | Matthew Kalish, TBD Angels, Good+Well Ventures, Founders Factory Africa |
| 2022 | $5m | Seed | Susa Ventures, Golden Ventures, Flexport, J Ventures, Angel Investors |
| 2023 | $8m | Series A | Altos Ventures, Golden Ventures, Susa Ventures |
| 2023 | $5.6m | Grant | Transform Global, Angel Investors |
Seed $1.5m
Matthew Kalish, TBD Angels, Good+Well Ventures, Founders Factory AfricaSeed $5m
Susa Ventures, Golden Ventures, Flexport, J Ventures, Angel InvestorsSeries A $8m
Altos Ventures, Golden Ventures, Susa VenturesGrant $5.6m
Transform Global, Angel InvestorsNews
https://www.businesswire.com/news/home/20230309005839/en/Powered-By-People-the-Global-Wholesale-Marketplace-Raises-Over-13.6M-in-Financing-to-Scale-Global-Presence-and-Technology/