Jibu
Latest round
- Series B
Last raised
- Feb 2018
Total raised
- $7M
Investors
- 7
About Jibu
Founded in 2012 in Arusha, Tanzania, Jibu specializes in empowering local entrepreneurs to establish sustainable water supply businesses. The founders, Carole Mutale-Ng'andwe and Randy Welsch, have a background in fostering social entrepreneurship.Jibu Inc. specializes in providing innovative solutions for affordable access to drinking water and essential necessities in emerging markets. The core product offerings include water purification systems and related technologies designed to empower local entrepreneurs to establish sustainable water supply businesses. By equipping franchise holders with the necessary tools and training, Jibu enables them to address the pressing need for clean drinking water in communities across various African nations.Jibu Inc. generates revenue through a franchise model that focuses on partnerships with local entrepreneurs who operate their own water purification businesses. This transaction structure involves franchise agreements, where local owners purchase the rights to operate Jibu’s systems and benefit from ongoing support and training. The pricing plans for their services typically include initial franchise fees and ongoing royalty payments based on the revenue generated by the franchisee's operations. The company aims to introduce new products and technologies related to water purification systems, enhancing its service offerings.
Who invested in Jibu
7 investors across 1 round
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Funding rounds
Series B
Feb 1, 2018
Amount
$7M
Investors
Questions about Jibu
Who invested in Jibu?
Jibu has 7 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Jibu raised?
Jibu has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Jibu last raise money?
Jibu's most recent round on record is a Series B, in Feb 2018.
What does Jibu do?
Founded in 2012 in Arusha, Tanzania, Jibu specializes in empowering local entrepreneurs to establish sustainable water supply businesses.
Where is Jibu headquartered?
Jibu is headquartered in Arusha, Tanzania.
Which VCs invest in companies like Jibu?
Among active investors with capital left to deploy, WestBridge Capital Partners, Persistent Energy Capital, Norrsken22 and 4DX Ventures back bottling companies at Jibu's stage. Their profiles are linked below.
VCs backing bottling startups at Series B
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