Terragon

Africa's leading data and marketing technology company

Lagos, Nigeria · Founded 2009 · $14.0M raised

Headquarters
Lagos
Employees
51–200
Founded
2009
Business Model
B2B
Total Funding
$14.0M
Last Round
$9.0M Series BJul 2023
Rounds
2

About

Terragon Group is Africa's leading data and marketing technology (MarTech) company, founded in 2009 by Elo Umeh and Ayodeji Balogun and headquartered in Lagos, Nigeria. The company builds Africa's largest data-powered marketing cloud ecosystem — Terragon Marketing Cloud (TMC) — which provides customer data platform (CDP) capabilities, omnichannel engagement, audience insights, loyalty management, and enterprise messaging. Terragon helps over 7,000 global businesses — from enterprises to mid-market companies — intelligently reach and engage African consumers through cross-channel data enrichment, segmentation, and activation. Clients span financial services, FMCG, and retail sectors across Nigeria, Kenya, Ghana, South Africa, and India.

Summary

Terragon is an Artificial Intelligence company based in Lagos, Nigeria, founded in 2009. It has raised $14.0M in total across 2 rounds, most recently a $9.0M Series B round in Jul 2023. Investors include TLcom Capital, Orange Ventures and LoftyInc Capital Management.

Tech & App Stack

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Funding History

Series BSeries BJul 2023
$9.0M

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Series A through Series B — per-round amounts, valuations, and who invested in each round.

Investors

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