Kobo360 is a privately owned African technology company, founded in 2018, that has been disrupting and leading the African third-party logistics industry. With the slogan "Move you forward," the company operates through an all-in-one robust platform utilizing big data and agile technology to connect cargo owners to trucks and drivers, aiming to reduce friction and scale efficiency in the African logistics ecosystem. Kobo360 has effectively addressed the challenges in the logistics space by connecting asset owners in the industry with the MSMEs that need their services. Furthermore, the company is venturing into the agro-trading space by developing a marketplace connecting farmers with global buyers, effectively eliminating the high cost of middlemen for smallholder farmers and significantly increasing their profits.
The last investment of $48.00M Series B was secured by Kobo360 on 21 December 2021. The investment was led by Goldman Sachs, International Finance Corporation, Juven, TIDE Africa Fund, and The Fund for Export Development in Africa. The industries that Kobo360 operates in include Big Data, E-Commerce, Logistics, Retail, and Supply Chain. The company's headquarters is located in Nigeria.