Yezza
Storefronts on WhatsApp in Southeast Asia
Kuala Lumpur, Malaysia · Founded 2020 · $500K raised
- Headquarters
- Kuala Lumpur
- Founded
- 2020
- Business Model
- B2B
- Website
- yezza.com
- Total Funding
- $500K
- Last Round
- $500K SeedJan 2022
- Rounds
- 1
About
Yezza makes it easy for small businesses in SE Asia to create storefronts on WhatsApp. Our MRR is $40K with $3M monthly GMV, from 1500 orders every day. We are profitable. Not only for selling goods & products, Yezza also built features to fit with many use cases in WhatsApp Commerce. For example, social media influencers use Yezza to deal with brands using WhatsApp. We found that customers also make table reservations through WhatsApp. Merchants pay us $12 per month & up to $0.25 per order. With 50M WhatsApp Business downloads in SE Asia, this creates a $7.2B market opportunity. Interestingly, a similar buying-via-WhatsApp behavior exists in Latin America & Africa. Previously, we bootstrapped a tech-enabled travel company to $12M in annual revenue, by selling travel packages using WhatsApp. We built & used this product for 4 years in our previous company. During COVID19, we offshoot it to become a standalone business called Yezza. Yezza is now backed by Y Combinator & angel who worked at Facebook/WhatsApp.
Summary
Yezza is an E-Commerce company based in Kuala Lumpur, Malaysia, founded in 2020. It has raised $500K in total across 1 round, most recently a $500K Seed round in Jan 2022. Investors include Y Combinator Continuity Fund, Goodwater Capital and Olive Tree Capital.
Tech & App Stack
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Funding History
Jan 2022
Investors
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