Alerzo

Business Support ServicesSeries BIbadan, Nigeriaalerzo.com

Latest round

Series B

Last raised

Aug 2022

Total raised

$45M

Investors

7

About Alerzo

, a B2B e-commerce retail platform that helps retailers stock inventory directly from manufacturers. The company has built up a network of up to 100,000 small businesses that operate in Southwest Nigeria in Ibadan, Ekiti, and Abeokuta. The company has an office in Singapore that serves as a regional hub to identify best practices among similar high-growth businesses operating across Southeast Asia and India. The company operates as an all-in-one technology partner for informal retail store operators. The platform allows informal retail store operators to receive and make cashless payments, track store profitability, and facilitate a portfolio of digital services including mobile airtime, bill payments, and process peer-to-peer transfers. The company plans to expand geographically to northern Nigeria, launch AlerzoPay, the company’s cashless payments and lending platform, and launch a portfolio of new business support services.

Who invested in Alerzo

7 investors across 5 rounds

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Funding rounds

  1. Series B

    Aug 24, 2022

    Amount

    $25M

    Investors

    Locked

  2. Series B

    Jan 13, 2022

    Amount

    Undisclosed

    Investors

    Locked

  3. Series A

    Aug 20, 2021

    Amount

    $15M

    Investors

    Locked

  4. Series A

    May 20, 2021

    Amount

    Undisclosed

    Investors

    Locked

  5. Seed

    Aug 27, 2020

    Amount

    $5.7M

    Investors

    Locked

Questions about Alerzo

Who invested in Alerzo?

Alerzo has 7 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Alerzo raised?

Alerzo has raised 5 venture rounds. Sign up free to see how much each round raised and the total.

When did Alerzo last raise money?

Alerzo's most recent round on record is a Series B, in Aug 2022.

What does Alerzo do?

, a B2B e-commerce retail platform that helps retailers stock inventory directly from manufacturers.

Where is Alerzo headquartered?

Alerzo is headquartered in Ibadan, Nigeria.

Which VCs invest in companies like Alerzo?

Among active investors with capital left to deploy, WestBridge Capital Partners, Persistent Energy Capital, Norrsken22 and 4DX Ventures back business support services companies at Alerzo's stage. Their profiles are linked below.

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