Nigerian E-commerce Startup Sendbox Raises USD 1.8 Mn Seed Round

Sendbox, a Nigerian e-commerce fulfillment startup, has raised USD 1.8 Mn in seed funding to help small-scale merchants get access to new markets and develop West Africa’s e-commerce operating system. Investors in the round include 4DX Ventures, Enza Capital, FJLabs, Golden Palm Investments, Flexport, and Y Combinator.

Sendbox is an e-commerce fulfillment platform for African merchants, providing low-cost local and international deliveries for small enterprises that sell online and on social media but lack delivery capabilities. The company also provides a solution for merchants who lack the high volume required to attract discounted delivery prices through its delivery management platform, which aggregates logistics providers and allows tracking.