Bumpa

Founded in 2020 and headquartered in Lagos, Nigeria, Bumpa specializes in providing comprehensive management tools for small and medium enterprises. The company was founded by ADETUNJI OPAYELE and Kelvin Umechukwu, who also serves as CEO. Bumpa has completed a total of 3 deals, with its most recent deal occurring on October 19, 2022.Bumpa provides a comprehensive suite of business management tools designed to streamline operations for small and medium enterprises. The core offerings include inventory management, sales processing, order fulfillment, and customer relationship management through a dedicated application. Users can easily add products, run discount sales, generate invoices, and record sales, while gaining insights into key performance metrics such as profit margins and customer spending habits via Bumpa Analytics. The platform is tailored to support various customer segments, including solopreneurs, small business owners, and larger enterprises managing multiple locations.Bumpa generates revenue primarily through subscription-based plans that cater to different business needs. The service offers multiple tiers, including a free basic plan and paid options such as Bumpa Starter, Bumpa Pro, and Bumpa Growth, with monthly costs ranging from N5,000 to N30,000 depending on the selected plan. Transactions occur as businesses subscribe for access to premium features, which include advanced inventory management and analytics tools. This transactional structure supports both direct-to-consumer sales and business-to-business relationships, allowing clients to utilize Bumpa's platform to facilitate their retail operations.000 mn, the company plans to expand its team and enhance its processes and structure. Specific markets targeted for expansion include various regions across Africa, although exact locations and timelines have not been disclosed.

1. Seed

   Oct 19, 2022

   Amount

   $4M

   Investors

   Locked