Kobo360 Raises $30 Million Dollars In Funding.

kobo 360 logo
kobo 360 logo

Kobo360  a Nigerian start-up — with an Uber-like app that links truckers and companies with delivery services  has raised $20 million dollars backed by Goldman Sachs in Series A funding and $10 million dollars in working capital from a consortium of Nigerian banks and will use the funds to upgrade its network and extend to ten new countries outside Nigeria, Togo, Ghana and Kenya its current operating markets.

Kobo360 has continued to grow its product offerings, VC backup and customer base since its launch in Lagos in 2017. The company says that its software runs a fleet of more than 10,000 drivers and trucks and counts; Honeywell, Olam, Unilever, Dangote and DHL among its top customers.