# Figorr

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/figorr

- Industry: Software
- Headquarters: Lagos, Nigeria
- Website: www.figorr.com
- Total disclosed funding: $1.5M
- Latest round: Seed (May 15, 2023)
- Investors on record: 4

## About

Based in Lagos, Nigeria, and founded in 2017 by CEO Oghenetega Iortim, Figorr, formerly known as GRICD Integrated Agro-Allied Services Ltd., designs and manufactures IoT-based technology products for the real-time monitoring of perishable and temperature-sensitive products. In 2019, Figorr started as a mobile solar-powered storage box provider and shifted to IoT component products. In May 2023, Figorr raised USD 1.5 million in seed funding led by Atlantica Ventures, with participation from other investors Jaza Rift Ventures, VestedWorld, and Katapult Accelerator. The company operates in several countries, including Ethiopia, Ghana, Kenya, South Africa, Tanzania, and Uganda.

Figorr offers IoT-powered solutions for existing infrastructure and assets to reduce food waste with transportation and storage of temperature-sensitive and perishable goods. The company's solutions provide real-time data on location, humidity, temperature, and other key data points to businesses and other stakeholders in agriculture, healthcare, logistics, and other sectors to maximize the value of perishable and temperature-sensitive goods like vaccines, insulin, and food.

## Funding rounds

- Seed, May 15, 2023, $1.5M — VestedWorld, Katapult, Atlantica Ventures, Jaza Rift Ventures

## Investors

- VestedWorld (https://capitalatlas.ai/funds/vestedworld) — Seed
- Katapult (https://capitalatlas.ai/funds/katapult) — Seed
- Atlantica Ventures (https://capitalatlas.ai/funds/atlantica-ventures) — Seed
- Jaza Rift Ventures (https://capitalatlas.ai/funds/jaza-rift-ventures) — Seed