Round Type
Funding Round
LagosConsumer GoodsTransportationInvestors
Description
Sabi, a Lagos-based B2B e-commerce startup providing digital commerce infrastructure to Africa’s informal economy, has raised $38 million in Series B funding at a valuation of $300 million, according to two people familiar with the matter, signaling revived investor interest in a B2B e-commerce market going through some reckoning.
Quick answer
Sabi raised an undisclosed amount in a Funding Round round, dated May 19, 2023. Investors: Wasoko. Sabi is based in Lagos, Lagos State, Nigeria.
- How much did Sabi raise?
- Sabi raised an undisclosed amount in a Funding Round round on May 19, 2023.
- Who invested in Sabi?
- Wasoko is named as investors in this round.
- What does Sabi do?
- Sabi is Africa’s leading provider of enabling infrastructure powering the distribution of goods and services.
- Where is Sabi based and how big is it?
- Sabi is based in Lagos, Lagos State, Nigeria. Fundz records about 244 employees.
- Who are the decision-makers at Sabi?
- Fundz holds 1 contact at Sabi. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Consumer Goods and Transportation around the same time
Companies in the same sectors as Sabi that raised within 45 days of this round, from Fundz verified event records.
- Vok Bikes raised $4.1M (Seed) on June 29, 2023.
- Bzaar, Inc. raised $2.7M (Seed) on June 27, 2023.
- Oben Electric raised $4.9M (Pre-Series A) on June 27, 2023.
- NoTraffic raised $50M (Funding Round) on June 27, 2023.
- Colonia Technologies raised $6.5M (Funding Round) on June 26, 2023.
- Fastned raised $24M (Funding Round) on June 16, 2023.
Who to call at Sabi, and when
A new round usually means Sabi is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Sabi raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Sabi, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Sabi. With Fundz connected, it knows.
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Fundz sees it the moment Sabi raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Sabi raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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