Alerzo

Ibadan, Nigeria · Founded 2019 · $10.5M raised

Headquarters
Ibadan
Employees
501–1000
Founded
2019
Business Model
B2B
Total Funding
$10.5M
Last Round
$10.5M Series AAug 2021
Rounds
1

About

Alerzo is a Nigerian B2B e-commerce and technology platform, headquartered in Ibadan, Oyo State, that digitalizes informal retailers across Nigeria's tier-2 to tier-4 cities. Through the Alerzoshop platform, Alerzo offers direct-from-manufacturer goods delivery, digital payments, business management tools, and buy-now-pay-later financing to help small neighborhood store owners order inventory and manage their businesses. The company was founded in 2019 by Adewale Opaleye with a mission to transform Nigeria's informal retail sector.

Summary

Alerzo is an E-Commerce company based in Ibadan, Nigeria, founded in 2019. It has raised $10.5M in total across 1 round, most recently a $10.5M Series A round in Aug 2021. Investors include Nosara Capital, FJ Labs and Galaxy.

Tech & App Stack

6 technologies & apps tracked

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Funding History

Series ASeries AAug 2021
$10.5M

Investors

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