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Figorr logo — We help monitor your temperature-sensitive products in real-...

Figorr

We help monitor your temperature-sensitive products in real-time and provide vital data for seamless insurance claims.

Founded 2017 Nigeria Nigeria 28 employees Seed Total: $2.01M Information Technology, IoT +1

General Information

Company Name Figorr
Founded Year 2017
Location Nigeria Nigeria
Employees 28
Industries Information Technology, IoT, Pharmaceutical
Funding Stage Seed
Social

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About Figorr

Figorr is a Nigerian startup founded in 2017 that focuses on assisting cold-chain businesses in monitoring their temperature-sensitive products in real-time. The company's slogan "We help monitor your temperature-sensitive products in real-time and provide vital data for seamless insurance claims" encapsulates its core mission. Figorr recognizes the significance of data-driven decision-making for cold-chain business owners, offering real-time temperature, humidity, and location monitoring of products, instant notifications for products exposed to unfavorable conditions, and seamless insurance claims verification. The startup recently secured a $1.50M Seed Round investment from prominent investors including Atlantica Ventures, VestedWorld, Jaza Rift Ventures, and Katapult on 15th May 2023. With a focus on Information Technology and the Pharmaceutical industry, Figorr is poised for growth and disruption in the monitoring and insurance verification space within the cold-chain sector.

Business keywords: cold-chain monitoring, real-time data monitoring, temperature-sensitive products, insurance claims verification, data-driven decision-making, operational optimization

Funding Rounds & Investors (9)

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Funding Stage Amount Investors Lead Investors Date
Seed Round $1.50M 4
Atlantica Ventures VestedWorld Jaza Rift Ventures
Atlantica Ventures, VestedWorld +2
15 May 2023
Non Equity Assistance Undisclosed 1
Katapult
10 Nov 2022
Grant $50.00K 1
Investing In Innovation Africa
Investing In Innovation Africa
05 Oct 2022
Grant $100.00K 1
Alibaba Group
18 Nov 2021
Grant $100.00K 1
Google for Startups
01 Oct 2021
Convertible Note $100.00K 1
Third Derivative
Third Derivative
20 Dec 2020
Angel Round $140.00K -
02 Aug 2020
Grant $2.80K 1
Greenhouse Lab
17 Dec 2019
Grant $20.00K 1
FbStart
FbStart
05 Sep 2018

Latest News

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Productive solar technologies draw investors as global off-grid solar sector funding slumps — Techcrunch
Productive solar technologies draw investors as global off-grid solar sector funding slumps
Techcrunch May 01, 2024

Figorr Alternatives & Competitors

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Figorr vs
iobot Technologies
iobot Technologies India

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Figorr vs
PLAIO
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Figorr vs
Elevāt
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Also compare with: Figorr vs Exigo Exigo View all alternatives

FAQ About Figorr

We help monitor your temperature-sensitive products in real-time and provide vital data for seamless insurance claims.
Figorr was founded in 2017.
Figorr is headquartered in Nigeria.
Figorr operates in Information Technology, IoT and Pharmaceutical. Its work centres on cold-chain monitoring, real-time data monitoring, temperature-sensitive products and insurance claims verification.
Figorr has approximately 28 employees.
Figorr has completed 9 funding rounds, raising a total of $2.01M. The latest funding stage is Seed.
Top alternatives and competitors to Figorr include iobot Technologies, PLAIO, Elevāt, Kedeon, Exigo. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Figorr and iobot Technologies are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Figorr, https://bouncewatch.com/company/figorr, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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