We provide a unified platform for retailers to order goods and get them transported to their shops.
Location: Nigeria, Lagos, Yaba
Employees: 201-500
Phone: +234 907 040 0695
Total raised: $21M
Founded date: 2019
Investors 6
Date | Name | Website |
- | Full Circl... | fullcircle... |
25.06.2021 | Musha Vent... | mushaventu... |
- | LoftyInc C... | loftyinc.v... |
- | Timon Capi... | timoncapit... |
- | Aruwa Capi... | aruwacapit... |
03.02.2022 | LoftyInc C... | loftyincca... |
Funding Rounds 3
Date | Series | Amount | Investors |
19.08.2022 | Series A | $15M | - |
25.10.2021 | - | $3M | - |
11.08.2021 | Seed | $3M | - |
Mentions in press and media 23
Date | Title | Description |
07.06.2024 | Employment platform for tech professionals Talenvo hosts its beta launch | On Saturday, June 1, Talenvo, which provides real-world experience for tech talents, hosted its beta launch event. The platform created by Temidayo Adefioye and a world-class team of professionals, is designed to improve employment for tech... |
04.05.2024 | Nigeria’s Renda raised $1.9 M Pre-seed funding to drive expansion | In order to improve its services and spur growth, Nigeria’s Renda, a technology company that streamlines order fulfillment and retail distribution for companies throughout Africa, has closed a US $1.9 million pre-seed round of debt and equi... |
14.03.2024 | What African B2B e-commerce startups can learn from OmniRetail’s profitable run | Save for fintech and clean tech, B2B e-commerce and retail was the leading destination for venture capital dollars over the last five years. The premise of digitizing the continent’s mom-and-pop convenience stores and offering various solut... |
16.06.2023 | Aruwa Capital Management invests in OmniRetail | A tech enabled B2B e-commerce digitising and revolutionising informal trade in Africa |
29.09.2022 | Data snapshot: Launch Africa, Flat6Labs Cairo lead Africa agrifoodtech investment | Investments in African agrifoodtech startups reached record heights in 2021, according to AgFunder’s inaugural Africa-focused report in collaboration with BII and FMO. But who were the key investors driving the $482.3 million invested in 20... |
25.08.2022 | Omnibiz, a retail technology startup based in Nigeria, has raised $15 million in a pre-Series A round of funding | Omnibiz, a retail technology firm based in Nigeria, has raised $15 million in a pre-Series A round of funding, which it will use to significantly boost its revenue by focusing on expanding its retailer base and improving customer retention.... |
19.08.2022 | Nigerian e-commerce platform, Omnibiz, raises $15 million pre-Series A | Image Source: Omnibiz Omnibiz, a Nigerian B2B e-commerce company, has recently secured a $15 million pre-Series A investment led by Timon Capital. The raise is structured as a $5M equity and $10M debt investment deal and saw participation f... |
19.08.2022 | Nigerian B2B e-commerce platform Omnibiz raises millions to gain and retain retail customers | Africa’s informal retailers supply most of the continent’s population with a broad range of consumer goods and generate over $1 trillion in sales annually. However, troubles with outward inefficiencies and inward challenges have led to the ... |
07.04.2022 | Nigerian businesses are adopting embedded finance as the future of payments. | “Cash is king” so says the famous adage. But digital payments have been waging and winning a silent war against cash for years. Looking back at the payments landscape in Nigeria over the years, a significant shift is noticeable – Digital pa... |
25.10.2021 | Omnibiz gets $3M to digitize Nigeria’s informal B2B supply chain | Despite the prevalence of shopping malls and the emergence of VC-backed e-commerce companies like Jumia, informal retail in Africa is still king. |
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