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Backed by Tiger Global & YC, JABU digitizes cash management...

JABU

Backed by Tiger Global & YC, JABU digitizes cash management for retail stores through innovative digital solutions.

Founded 2020 Namibia Namibia 217 employees Series A Total: $18.20M E-Commerce, Logistics +2

General Information

Company Name JABU
Founded Year 2020
Location Namibia Namibia +3
Employees 217
Industries E-Commerce, Logistics, Marketplaces +1
Funding Stage Series A
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About JABU

JABU, backed by Tiger Global and YC, is a B2B marketplace and last-mile distribution partner focused on revolutionizing the supply chain, last-mile, and payments of retail stores in Africa. Founded in 2020 and headquartered in Windhoek, Namibia, JABU offers tech-enabled route-to-market development and merchandising for FMCG brands in underdeveloped areas. Their mission includes empowering unbanked businesses through efficient delivery, affordable product baskets, inventory management, and credit facilities in Southern Africa. In its latest funding round in May 2022, JABU secured a $15.00M Series A investment from a diverse set of investors including BoxGroup, FJ Labs, Afore Capital, Tiger Global Management, D Global Ventures, Knollwood Investment Advisory, and Oldslip. Positioned at the intersection of e-commerce and logistics, JABU stands out for its innovative approach in addressing the unique challenges of the African retail market. With an emphasis on driving growth and efficiency in the informal retail sector, JABU offers a compelling opportunity for investors looking to participate in the transformation of African retail and logistics. As the company continues to expand its footprint and product offerings, it presents an intriguing prospect for venture capital firms seeking exposure to the evolving landscape of African commerce and supply chain management.

Taxonomy: B2B marketplace, last-mile distribution, tech-enabled solutions, FMCG brands, undeveloped areas, unbanked businesses, e-commerce marketplace, Southern Africa, food distribution, informal market, wholesale, SADC region, Namibia

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Series A •••••• 6
Investor Investor Investor Investor Investor Investor
25 May 2022
Non Equity Assistance •••••• 1
Investor
01 Feb 2022
Venture Round •••••• 1
Investor
22 Aug 2021
Seed Round •••••• 1 •••• •••• 01 Jan 2021

JABU Alternatives & Competitors

JABU vs
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JABU vs
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FAQ About JABU

Backed by Tiger Global & YC, JABU digitizes cash management for retail stores through innovative digital solutions.
JABU was founded in 2020.
JABU is headquartered in Namibia.
JABU operates in the following industries: E-Commerce, Logistics, Marketplaces, Logistics and Delivery.
JABU has approximately 217 employees.
JABU has completed 4 funding rounds, raising a total of $18.20M. The latest funding stage is Series A.
Top alternatives and competitors to JABU include PAL, Mandla Money, CapX Finance - South Africa & Namibia, 360tf, Crowdz. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
JABU and PAL 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.

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