IroFit
Latest round
- Series A
Last raised
- Apr 2022
Total raised
- $12M
Investors
- 6
About IroFit
IroFit, founded in 2014 in Kuopio, Finland, specializes in mobile payment solutions. The company has undergone strategic adjustments since its inception, focusing on enhancing its payment infrastructure. The founders, Olusola Olawale and Omoniyi Olawale, bring significant experience to the company.IroFit offers a mobile payment solution through its flagship product, ZirooPay. This system features an ultra-portable card reader that enables small business owners to accept various payments, including debit, credit, and loyalty cards. ZirooPay operates through secure GSM channels, ensuring functionality even without a continuous internet connection.10. The company operates on a transaction-based model, generating revenue through fees associated with payment processing on the ZirooPay platform. The company is looking to introduce new products and enhance its offerings, addressing specific market needs. Additionally, IroFit aims to expand its services to new markets beyond Nigeria, further solidifying its presence in the mobile payment sector.
Who invested in IroFit
6 investors across 3 rounds
See all investors in IroFit
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Questions about IroFit
Who invested in IroFit?
IroFit has 6 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has IroFit raised?
IroFit has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did IroFit last raise money?
IroFit's most recent round on record is a Series A, in Apr 2022.
What does IroFit do?
IroFit, founded in 2014 in Kuopio, Finland, specializes in mobile payment solutions.
Where is IroFit headquartered?
IroFit is headquartered in Kuopio, Finland.
Which VCs invest in companies like IroFit?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back software companies at IroFit's stage. Their profiles are linked below.
VCs backing software startups at Series A
Raising like IroFit? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.