Yobante Express Inc. Asset Profile

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Year established

2018

Location

Dakar Senegal

Primary Industry

Internet

About

Based in Senegal, and founded in 2018, Yobante Express Inc. operates an online marketplace that connects local couriers with local commerce to optimize domestic, cross-border, and last-mile delivery. In September 2021, Yobante Express Inc. raised USD 1.2 million in seed funding from GRENFELL CAPITAL LIMITED, Launch Africa Ventures, Libertad Ventures, and R-Ventures, with participation from individual investors. As of October 2022, the company has subsidiaries in South Africa, Nigeria, Ghana, and Zambia led by its CEO Oumar Basse. Yobante Express Inc. web and mobile platform that uses machine learning and leverages gig economy, independent and casual couriers. The company provides many delivery options including business, express, and economical to e-commerce, retail, oil-retailer, financial services, corporations, organizations, and SME/SMIs with shipping labels, delivery notes, online tracking, SMS notification, last-mile delivery, and automatic deposit at the proximity point. The company's client base includes Apefe, Enabel, Soreetul, and Yes Food. The company plans to use the funding to reach critical mass in South Africa and Nigeria.

Current Investors

Libertad Ventures, Launch Africa Ventures, GRENFELL CAPITAL LIMITED

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Primary Industry

Internet

Sub Industries

Courier & Delivery Services, Freight Transportation Services, Web Applications, Logistics Software

Website

www.yobanteexpress.com

Verticals

Artificial Intelligence, IoT (Internet of Things), Mobile Apps

Company Stage

Angel & Seed

Total Amount Raised

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