TUNL secures seed funding led by E4E Africa to boost marketing support for SMEs in eCommerce exports.
Oct 08, 2024•about 1 year ago
Round Type
seed
Investors
Utopia Capital ManagementJozi AngelsJonathan SmitE4 E Africa
Description
TUNL, a South African shipping platform for eCommerce exporters, has completed a priced seed round to increase marketing support for small and medium-sized enterprises (SMEs). The new funding will help the startup expand its services and improve overseas sales conversion for businesses.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers