# Jibu

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

- Industry: Bottling
- Headquarters: Arusha, Tanzania
- Website: http://www.jibuco.com
- Total disclosed funding: $7M
- Latest round: Series B (Feb 1, 2018)
- Investors on record: 7

## About

Jibu is a company focused on providing innovative solutions for affordable access to clean drinking water in emerging markets through franchise operations and local partnerships.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 has successfully raised USD 7.00 mn through its latest funding round, Series B, which closed on May 7, 2019. The company has completed a total of 3 deals, attracting investment from notable organizations including Asia Africa Investment & Consulting and the Conrad N. Hilton Foundation.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. The company operates in multiple geographical markets, including Burundi, Ghana, Kenya, Tanzania, Zambia, the Democratic Republic of the Congo (both Bukavu and Goma), Rwanda, and Uganda.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. Jibu’s flagship products, which are integral to its business model, directly contribute to the franchisee's revenue streams by enabling them to supply affordable drinking water to their communities.Jibu plans to leverage its recent funding from the Series B round to further its initiatives in expanding into new markets by targeting additional countries in Africa. The company aims to introduce new products and technologies related to water purification systems, enhancing its service offerings. As of May 2019, the company also secured venture funding from DOB Equity, which will be utilized to strengthen operational capabilities and support entry into new regions.

## Funding rounds

- Series B, Feb 1, 2018, $7M — Conrad N. Hilton Foundation, MacLellan Foundation, Segal Family Foundation, NRD Capital, The Stone Family Foundation, Danone Communities, Asia Africa Investment & Consulting

## Investors

- Conrad N. Hilton Foundation — Series B
- MacLellan Foundation — Series B
- Segal Family Foundation — Series B
- NRD Capital (https://capitalatlas.ai/funds/nrd-capital) — Series B
- The Stone Family Foundation — Series B
- Danone Communities — Series B
- Asia Africa Investment & Consulting (https://capitalatlas.ai/funds/asia-africa-investment-consulting) — Series B