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African Startup Funding Tracker

$422,389,000+

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Kenyan Tech Startup Wowzi Raises USD 2 Mn For Expansion
Kenyan Tech Startup Wowzi Raises USD 2 Mn For Expansion

Tech startup Wowzi has raised USD 2 Mn in seed funding to expand its digital marketplace across Africa. The round was led by 4DX Ventures with participation from To.org, Golden Palm Investments, LoftyInc Capital, Afropreneur Angels, and Future Africa. Other participants in the round included Andela co-founder Christina Sass, and former Andela executives Jessica Chervin, Justin Ziegler, as well as Johnny Falla, who currently serves as chief development and growth officer at Wowzi.

Wowzi is a digital advertising marketplace that connects brands, agencies, and SMEs with nano and mega social media influencers. Wowzi’s self-serve online platform allows brands of any size or industry to create and manage massive, distributed messaging campaigns utilizing thousands of real, everyday customers and fans who get paid to offer authentic endorsements online for the products they already love.