MarketForce

MarketForce is the SuperApp for Africa&s;s 100M merchants.

Business Model:

Revenue: $0

Employees: 201-500

Rankings

Detailed MarketForce Information

Geographic Data

MarketForce headquarters map

Address:

City: Nairobi

State: Nairobi Area

Zip:

Country: Kenya

Financial Info

Stage:

series a

Raised Last:

$40M

Raised Total:

$43M

Metrics

0Website Global Rank

0Website Monthly Traffic

Twitter Followers

Description

MarketForce is a US, Kenya and Nigeria-based technology company that is building the SuperApp for Africa&s;s 100 million merchants. MarketForce provides an all-inclusive B2B Commerce and Fintech platform (dubbed “RejaReja” – Swahili for ‘retail’) that empowers merchants in Africa to source, order and pay for inventory digitally and conveniently, access financing, collect digital payments and make extra money by reselling digital financial services such as airtime, electricity tokens and bill payments. Launched in 2018, MarketForce is a fast-growing YC backed company running an asset-light business model and is currently operational in 5 markets in Sub-Saharan Africa, with over 200,000 merchants and 50 consumer brands trading on the platform.

Contact Phone:

Contact Email:

Announced Date Company Transaction Money Raised
Announced Date Transaction Number of Investors Money Raised Lead Investors
10/2021 Grant 1 $100k Black Founders Fund
Google for Startups
Black Founders Fund
10/2022 Series A 1 - Vaibhav Kapoor
Vaibhav Kapoor
8/2021 Seed Round $0 Harambeans
Reflect Ventures
Harambeans
Reflect Ventures
5/2020 Seed Round 4 $350k ViKtoria Business Angels Network
P1 Ventures
Growing Africa Capital
EchoVC Partners
11/2021 Seed Round 1 $150k SOSV
SOSV
11/2022 Grant 1 $250k Africa&s;s Business Heroes
Africa&s;s Business Heroes
7/2021 Seed Round $0 Future Africa
GreenHouse Capital
Launch Africa
P1 Ventures
Rebel Fund
Remapped Ventures
V8 Capital Partners
Y Combinator
Antler
Future Africa
GreenHouse Capital
Launch Africa
P1 Ventures
Rebel Fund
Remapped Ventures
V8 Capital Partners
Y Combinator
Antler
2/2022 Series A $0 Century Oak Capital
GreenHouse Capital
Ken Njoroge
Reflect Ventures
Remapped Ventures
SOSV
TEN13
Uncovered Fund
V8 Capital Partners
Vastly Valuable Ventures
VU Venture Partners
Orbit Startups
Century Oak Capital
GreenHouse Capital
Ken Njoroge
Reflect Ventures
Remapped Ventures
SOSV
TEN13
Uncovered Fund
V8 Capital Partners
Vastly Valuable Ventures
VU Venture Partners
Orbit Startups
8/2020 Seed Round 1 - Ventures Platform
Ventures Platform
9/2022 Series B 1 - Ali Shaaban
Ali Shaaban
8/2020 Seed Round 1 $150k Y Combinator
Y Combinator
2/2022 Series A 11 $40M Century Oak Capital
GreenHouse Capital
Ken Njoroge
Reflect Ventures
Remapped Ventures
SOSV
TEN13
Uncovered Fund
V8 Capital Partners
Vastly Valuable Ventures
VU Venture Partners
Century Oak Capital
GreenHouse Capital
Ken Njoroge
Reflect Ventures
Remapped Ventures
SOSV
TEN13
Uncovered Fund
V8 Capital Partners
Vastly Valuable Ventures
VU Venture Partners
8/2021 Seed Round 2 $100k Harambeans
Harambeans
7/2021 Seed Round 8 $2M
8/2020 Seed Round 1 -
Announced Date Name Price
6/2021 Digiduka

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