Makoko
Latest round
- Seed
Last raised
- Jul 2020
Total raised
- $1.3M
Investors
- 2
About Makoko
Makoko Inc. specializes in ecommerce software solutions, enabling businesses to efficiently create and manage online stores.Founded in 2011, Makoko Inc. is based in New York, US, and operates in the ecommerce sector, providing software solutions for online retail. The company has undergone no significant pivots and has not been reported as a subsidiary or part of any merger. The founder's details are currently not available. Makoko Inc.'s primary offering is its ecommerce software, designed to empower businesses to create and manage online stores efficiently. This platform provides users with a comprehensive suite of tools, including website building capabilities, payment processing, inventory management, and customer engagement features. By simplifying the online selling process, the software addresses the challenges faced by small to medium-sized enterprises (SMEs) in establishing a digital presence and reaching their target customers. The end users include entrepreneurs and business owners across various sectors, such as retail and services, aiming to expand their market reach and enhance sales.'s revenue model is primarily built on a subscription basis, where clients pay recurring fees to access the ecommerce platform's features and tools. These transactions occur through tiered pricing plans that cater to different business needs and sizes, allowing varying levels of functionality and customer support. For instance, larger enterprises may opt for premium packages that include advanced analytics and additional customization options, while smaller businesses can select more basic plans suited to their operational scale. Revenue is generated not only through direct-to-consumer sales but also through partnerships with retailers and wholesalers who utilize the platform to facilitate online transactions.Moving forward, Makoko Inc. is focused on launching new features and tools for its ecommerce platform, with specific product enhancements scheduled for release in 2023. The company plans to expand its reach into the Asian market, targeting economies such as India and Southeast Asia by the end of 2024.
Who invested in Makoko
2 investors across 1 round
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Funding rounds
Seed
Jul 30, 2020
Amount
$1.3M
Investors
Questions about Makoko
Who invested in Makoko?
Makoko has 2 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 Makoko raised?
Makoko has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Makoko last raise money?
Makoko's most recent round on record is a Seed, in Jul 2020.
What does Makoko do?
Makoko is a consumer products company.
Where is Makoko headquartered?
Makoko is headquartered in New York, US.
Which VCs invest in companies like Makoko?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back consumer products companies at Makoko's stage. Their profiles are linked below.
VCs backing consumer products startups at Seed
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