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African Startup Funding Tracker

$422,389,000+

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Nigerian Logistics Startup Errand360 Raises Pre-seed Funding Round
Nigerian Logistics Startup Errand360 Raises Pre-seed Funding Round

Errand360, a logistics startup built to serve users with demand for quick and short errands within their communities and on-demand delivery services, has raised an undisclosed amount of pre-seed funding to expand across Africa. The funding round was led by Prof Ndubuisi Ekekwe of Tekedia Capital and will be used to acquire infrastructure, expand, and grow its business across the whole of Africa.

Errand360 bicycles serve users with a variety of delivery services, with the first phase of rollout beginning in Lagos and users able to access its services via mobile app. The startup has purchased 100 branded bicycles, backpacks, and helmets, and deployed its apps, and is now working on building its user base.