Fundz

Treepz Expands To East Africa, Acquires Ugabus And Closes Its Seed Round At $2.8M With New Investors

PRIVATENov 23, 2021

Round Type

Seed

LagosSoftwareMobileHealth CareSports

Description

In a bid to digitize the public transportation system and provide safer, reliable and comfortable commute options across Africa, Toronto-based shared mobility company, Treepz, has announced its acquisition of a similar Ugandan bus company Ugabus.

Who to call at Treepz, and when

A new round usually means Treepz is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Treepz

Location

Lagos, Lagos State, Nigeria

About

Treepz is building Africa's largest shared mobility platform that offers commuters convenience, safety, and comfort through daily rides and road travel ticketing services. With Operations in Nigeria, Ghana and now Uganda, Treepz is changing the way hundreds of thousands of commuters get around with close to half a million rides completed on the app, providing fast and convenient trips in real-time. SOURCE TREEPZ

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Fundz sees it the moment Treepz raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Strategic

ML-powered predictions for Treepz's next move

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Treepz 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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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.