# Africa Delivery Technologies S.A.S

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/africa-delivery-technologies-s-a-s

- Industry: Consumer Services
- Headquarters: Lagos, Nigeria
- Website: www.kwik.delivery
- Total disclosed funding: $2M
- Latest round: Series A (Mar 24, 2022)
- Investors on record: 3

## About

Founded in 2018 and based in Lagos, Nigeria, Africa Delivery Technologies S.A.S offers innovative technology solutions that enhance operational efficiency across various sectors, focusing on logistics, healthcare, and finance.Africa Delivery Technologies S.A.S is a technology firm that specializes in enhancing operational efficiency through software solutions. Founded in 2018 in Lagos, Nigeria, by Edem Adortse, Olivier Decrock, and Yinka Olayanju, the company has successfully closed 6 deals to date. The latest funding round, a Series A, raised USD 2.000 mn on March 24, 2022, with investments from Ascent Capital, Humla Ventures, SC NABUBOTO, and XBTO. The total amount raised by the company stands at USD 2.000 mn.The company specializes in innovative technology solutions designed to enhance operational efficiency across various sectors. Their core product offerings include a proprietary software platform that integrates seamlessly with existing systems to streamline workflow processes, improve data analytics capabilities, and facilitate real-time communication among teams. This platform is tailored for industries such as logistics, healthcare, and finance, addressing specific pain points like inventory management, patient record handling, and financial reporting. The solutions have been successfully deployed in markets across North America, Europe, and Asia, serving a diverse client base ranging from small businesses to multinational corporations. These end-users benefit from the customizable features of the software, which adapt to their unique operational requirements while promoting increased productivity and reduced operational costs.The company's revenue model is primarily based on a subscription structure, with clients typically engaging in annual contracts that provide them access to the software and ongoing support services. This allows for predictable revenue streams and fosters long-term relationships with clients. Transactions are structured as B2B partnerships, where businesses invest in tailored packages that may include additional features or services, such as training and implementation support. Pricing plans are tiered, reflecting the varying needs of clients and the complexity of the solutions offered, including flagship products that are central to the company's market positioning. The revenue generated from these subscriptions is further supplemented by consulting services aimed at helping clients optimize their operations using the company's technology.In March 2022, Africa Delivery Technologies S.A.S raised USD 2.000 mn in Series A funding, which will be used to expand operations across last-mile delivery, e-commerce, and financial services. The company aims to enhance its product offerings and enter new markets, targeting specific regions to drive growth. The funding will support the development of upcoming new products and facilitate the company's strategic expansion plans.

## Funding rounds

- Series A, Mar 24, 2022, $2M — Ascent Capital, Humla Ventures, SC NABUBOTO

## Investors

- Ascent Capital (https://capitalatlas.ai/funds/ascent-capital) — Series A
- Humla Ventures (https://capitalatlas.ai/funds/humla-ventures) — Series A
- SC NABUBOTO — Series A