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Logidoo raised $1.5 million in funding to bolster its strategic growth initiatives.

PRIVATEFeb 29, 2024

Amount Raised

$1.5 Million

Round Type

Seed

MoroccoTransportationE CommerceSupply Chain ManagementLogistics

Investors

Gullit VC (Ethiopia)Maroc Numeric Fund II (Morocco)Kalys Ventures216 CapitalSunny Side Venture PartnersFounders Factory Africa

Description

Logidoo, a Senegalese logistics marketplace platform, secured a substantial funding of US$1.5 million from investors including Founders Factory Africa, Sunny Side Venture Partners, 216 Capital, Maroc Numeric Fund II, Gullit VC, and Kalys Ventures. The funding will enable Logidoo to execute its ambitious expansion strategy and broaden its franchise network across Mauritania, Guinea Conakry, Mali, and the Congo.

Quick answer

Logidoo raised $1.5 Million in a Seed round, dated February 29, 2024. Investors: Gullit VC (Ethiopia), Maroc Numeric Fund II (Morocco), Kalys Ventures, 216 Capital, Sunny Side Venture Partners and Founders Factory Africa. Logidoo is based in Morocco.

How much did Logidoo raise?
Logidoo raised $1.5 Million in a Seed round on February 29, 2024.
Who invested in Logidoo?
Gullit VC (Ethiopia), Maroc Numeric Fund II (Morocco), Kalys Ventures, 216 Capital, Sunny Side Venture Partners and Founders Factory Africa are named as investors in this round.
What does Logidoo do?
Logidoo is a Morocco-based and pan-Africa logistics startup founded in 2019 by Tamsir Ousmane Traore, providing cross-border logistics solutions for e-commerce businesses.
Where is Logidoo based and how big is it?
Logidoo is based in Morocco.
Who are the decision-makers at Logidoo?
Fundz holds 1 contact at Logidoo. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Transportation and E Commerce around the same time

Companies in the same sectors as Logidoo that raised within 45 days of this round, from Fundz verified event records.

  • Shadowfax raised $100M (Series E) on February 27, 2024.
  • Zypp Electric raised $40M (Series C) on April 12, 2024.
  • JustDeliveries raised $1M (Pre-Series A) on March 26, 2024.
  • Pandion raised $42M (Series B) on March 21, 2024.
  • G2 Reverse Logistics raised $9.6M (Seed) on March 19, 2024.
  • ProXalys raised $500K (Seed) on February 26, 2024.

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Company Information

Company

Logidoo

Location

Morocco

About

Logidoo is a Morocco-based and pan-Africa logistics startup founded in 2019 by Tamsir Ousmane Traore, providing cross-border logistics solutions for e-commerce businesses. The company has demonstrated remarkable traction and operational efficiency, with a presence in 8 countries across the continent.

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