Terragon

Terragon is an artificial intelligence company in Lagos, Nigeria, founded in 2009. It has raised $14.0M across 2 rounds, most recently a $9.0M Series B in July 2023.

Africa's leading data and marketing technology company

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

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 2 funding rounds and 3 investors for this company. The full record is or through the API.

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

It lists 51–200 employees. 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

5 technologies & apps tracked

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Funding History

Data from Indexed.vcUpdated
Series BSeries BJul 2023
$9.0M

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Funding: Series A through Series B. Amounts, valuations, and investors where available.

Investors

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