Jumia

formerly Jumia Technologies AGIPO

Expanding Your Horizons

Public · Lagos, Nigeria · Founded 2012 · $511.0M raised

Headquarters
Lagos
Employees
1001–5000
Founded
2012
Business Model
Marketplace
Total Funding
$511.0M
Last Round
$300.0M Series CJun 2015
Rounds
7
Type
Public

About

Jumia is a pan-African e-commerce and technology company founded in 2012 by Jeremy Hodara and Sacha Poignonnec, initially backed by Rocket Internet. The company operates an online marketplace connecting buyers and sellers, Jumia Logistics (last-mile delivery network), and JumiaPay (digital payments). Jumia launched in Nigeria in 2012 and expanded across Africa to Egypt, Morocco, Kenya, Ivory Coast, and South Africa. The company completed a NYSE IPO in April 2019, making it the first African tech startup to list on a major US exchange.

Summary

Jumia is an E-Commerce company based in Lagos, Nigeria, founded in 2012. It has raised $511.0M in total across 7 rounds, most recently a $300.0M Series C round in Jun 2015. Investors include Rocket Internet, Goldman Sachs and Millicom.

Tech & App Stack

8 technologies & apps tracked

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Funding History

Secondary MarketSecondary Share OfferingAug 2024
$100.0M

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Investors

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