How much funding has BetaStore, Beta Store raised?

BetaStore, Beta Store has raised $3.2M in total funding, most recently a Pre-Seed round.

Who are BetaStore, Beta Store's investors?

BetaStore, Beta Store's investors include 500 Global, VestedWorld, Loyal VC.

When was BetaStore, Beta Store founded?

BetaStore, Beta Store was founded in 2020.

Where is BetaStore, Beta Store headquartered?

BetaStore, Beta Store is headquartered in Lagos, Nigeria.

What industry is BetaStore, Beta Store in?

BetaStore, Beta Store operates in Marketplace, Retail.

BetaStore, Beta Store

Lagos, Nigeria · Founded 2020 · $3.2M raised

Marketplace

Retail

Headquarters: Lagos
Founded: 2020
Business Model: b2b_and_b2c
Website: www.betastore.co

Total Funding: $3.2M
Last Round: $2.5M Pre-SeedMay 2022
Rounds: 2

About

BetaStore (operating as SimpleMarket Inc.) is a B2B e-commerce marketplace that connects informal retailers in West and Central Africa directly with manufacturers, distributors, and wholesalers. The platform enables small retailers to source fast-moving consumer goods (FMCGs), access inventory financing, and obtain essential insurance services — digitizing procurement and working capital for the informal retail sector. BetaStore operates primarily in Nigeria and has expanded across Africa.

Summary

BetaStore, Beta Store is a Marketplace company based in Lagos, Nigeria, founded in 2020. It has raised $3.2M in total across 2 rounds, most recently a $2.5M Pre-Seed round in May 2022. Investors include 500 Global, VestedWorld and Loyal VC.