# Gebeya

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

- Industry: Software
- Headquarters: Addis Ababa, Ethiopia
- Website: www.gebeya.com
- Total disclosed funding: $2.1M
- Latest round: Seed (Feb 6, 2020)
- Investors on record: 3

## About

Based in Ethiopia, Gebeya Inc. is a platform that connects service providers with consumers, facilitating seamless hiring and business management through integrated tools for scheduling, payments, and performance analytics.Founded in 2016 in Addis Ababa, Ethiopia, Gebeya Inc. operates as a tech marketplace focusing on connecting service providers with clients. Hiruy Amanuel, the founder, has experience in establishing tech ventures. The company has raised USD 0.50 mn in its most recent funding round on January 12, 2023, led by the International Finance Corporation, bringing the total capital raised to USD 0.50 mn.Gebeya provides a comprehensive platform designed to empower service businesses by facilitating direct interactions between service providers and consumers. The core offerings include tools for managing customer relationships, scheduling appointments, processing payments directly, and analyzing business performance through an integrated analytics dashboard. These capabilities cater primarily to independent service providers, freelancers, and agencies that connect customers with service providers. The platform emphasizes user autonomy, ensuring that client data remains proprietary while streamlining operational workflows. Gebeya’s products are utilized across various geographical markets, including North America, Europe, and select regions in Africa, targeting a diverse clientele ranging from individual service providers to larger service agencies.Gebeya's revenue model is structured around direct transactions between service providers and their clients, emphasizing a straightforward flow of payments that eliminates intermediaries. This model allows service providers to receive payments directly into their accounts, fostering quicker cash flow and reduced fees. Revenue is generated through service fees associated with transactions on the platform, which include features such as automated bookings and customer management tools. The platform implements subscription plans for enhanced services or premium features, tailoring pricing to the specific needs of its users, positioning itself as a crucial tool for service businesses aiming to optimize their operations while maintaining independent control over their customer relationships.In January 2023, Gebeya Inc. raised USD 0.50 mn in pre-Series A funding, led by Inclusion Japan. The company plans to utilize this funding to transition from a two-sided tech talent marketplace to a provider of marketplaces under a “Marketplace-as-a-Service” model. Gebeya aims to expand its offerings and improve its platform capabilities, targeting new geographic markets to enhance its reach.

## Funding rounds

- Seed, Feb 6, 2020, $2M — Partech Partners, Orange Ventures, Consonance Investment Managers
- Series A, Jul 1, 2019, $0.1M — Consonance Investment Managers

## Investors

- Consonance Investment Managers (https://capitalatlas.ai/funds/consonance-investment-managers) — Series A, Seed
- Partech Partners (https://capitalatlas.ai/funds/partech-partners) — Seed
- Orange Ventures — Seed