Twiga Foods
Financials
Estimates*
USD | 2018 |
---|---|
Revenues | 24.7m |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Seed | ||
N/A | $1.0m | Convertible | |
N/A | Growth Equity VC | ||
N/A | Seed | ||
$50.0k | Seed | ||
$10.3m | Series A | ||
$7.0m | Early VC | ||
$10.0m | Series B | ||
$5.0m | Early VC | ||
* | $30.0m | Series B | |
$6.0m | Debt | ||
$29.4m | Debt | ||
$50.0m | Series C | ||
* | N/A | Late VC | |
Total Funding | €103m |
Related Content
Recent News about Twiga Foods
EditTwiga is a startup operating in the supply chain industry, providing a modern and efficient solution for manufacturers and suppliers. The company's primary service, Soko Solution, is designed to streamline the process of last-mile delivery, which refers to the final step of the delivery process when a product moves from a transportation hub to its final destination. By optimizing this process, Twiga helps businesses reduce warehousing and distribution costs, increase speed and reliability, and ensure customer satisfaction.
Twiga's platform, Soko Yetu, serves as a 24-hour marketplace for vendors, eliminating the need for suppliers and manufacturers to wait for traditional markets to open or overextend their resources to reach customers. This platform allows for a more efficient distribution of goods, leading to more stable growth for businesses.
Twiga's business model is centered around providing a platform for manufacturers and suppliers to connect with vendors. The company generates revenue by charging a fee for the use of its platform and services. This model allows Twiga to serve a broad range of clients, from large manufacturers to small suppliers, in various markets.
In summary, Twiga is a supply chain solution provider that leverages technology to improve the efficiency of last-mile delivery for manufacturers and suppliers. Its platform, Soko Yetu, serves as a 24-hour marketplace for vendors, facilitating a more efficient distribution of goods and promoting stable business growth.
Keywords: Supply Chain, Last-Mile Delivery, Soko Solution, Soko Yetu, 24-Hour Marketplace, Manufacturers, Suppliers, Vendors, Business Growth, Efficient Distribution.