Sabi
Optimising Africa’s informal trade sector by bringing merchants and resellers into a network with curated business tools and services that help them reach new customers, improve cash flow, and streamline logistics
Location: Nigeria
Website: https://www.sabi.am/
Sector: Logistics & Transport
Funding Stage: Seed, Venture Round, Venture Round, Series B,
Total Funding ($m): 66
# of Founders: 2
Founding Year: 2020
Funding Year: 2023
| Year | Amount | Stage | Investors |
|---|---|---|---|
| 2021 | $2m | Seed | Janngo Capital, CRE Venture Capital, Atlantica Ventures, Waarde Capital, Golden Palm Investments |
| 2021 | $6m | Venture Round | CRE Venture Capital, LoftyInc Capital Management |
| 2022 | $20m | Venture Round | Norrsken22 |
| 2023 | $38m | Series B | CommerzVentures, Norrsken22, Fluent Ventures, CRE Venture Capital, Janngo Capital |
Seed $2m
Janngo Capital, CRE Venture Capital, Atlantica Ventures, Waarde Capital, Golden Palm InvestmentsVenture Round $6m
CRE Venture Capital, LoftyInc Capital ManagementVenture Round $20m
Norrsken22Series B $38m
CommerzVentures, Norrsken22, Fluent Ventures, CRE Venture Capital, Janngo CapitalNews
https://techcrunch.com/2023/05/19/african-b2b-e-commerce-startup-sabi-tops-300m-valuation-in-new-funding/