Wasoko

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Wasoko (formerly Sokowatch) offers on demand inventory distribution for small shops in informal urban areas. These small retailers are the backbone of African economies accounting for 90% of all consumer good transactions. The primary problem these retailers face is cost effective product availability. On demand orders are sent via toll free SMS/Calls or mobile app and then automatically assigned to a Sokowatch delivery agent covering the relevant area via small truck. Average delivery time is now three hours and profit is made from distribution agreements with manufacturers as well as the mark-up on products.

Headquarters

Nairobi, Kenya

Founded in

2015

Company Size

51-100 Employees

Sectors

Agriculture

Countries of operations

Kenya

Tanzania

Uganda

Rwanda

Team

FUNDING ROUNDS

Wasoko Agriculture

Amount $125,000,000

Date Mar 16, 2022

Funding Round

Series B

investors

Tiger Global Management, Avenir Growth Capital

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Wasoko Agriculture

Amount $14,000,000

Date Feb 24, 2020

Funding Round

Series A

investors

Quona Capital, Amplo, Breyer Capital, Vertex Ventures, Timon Capital, 4DX Ventures

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Wasoko Agriculture

Amount $2,500,000

Date Feb 22, 2019

Funding Round

Seed

investors

Undisclosed

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Wasoko Agriculture

Amount $2,000,000

Date Jul 26, 2018

Funding Round

Seed

investors

4DX Ventures, Village Global, Lynett Capital, Golden, Palm Investments, Outlierz Ventures

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Wasoko Agriculture

Amount Undisclosed

Date Oct 10, 2017

Funding Round

Corporate

investors

Chandaria Industries

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Wasoko Agriculture

Amount Undisclosed

Date Jun 7, 2016

Funding Round

Grant

investors

SpeedUPAfrica

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Wasoko

Headquarters

Founded in

Company Size

Sectors

Countries of operations

Team

FUNDING ROUNDS

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