Pricepally Nigeria

Logistics & DistributionSeedLagos, Nigeriapricepally.com

Latest round

Seed

Last raised

Nov 2023

Total raised

$1.4M

Investors

6

About Pricepally Nigeria

Based in Nigeria, established in 2019 by Luther Lawoyin, Jumai Abalaka, Deepak Bansal, and Monsunmola Adefemi, Pricepally Nigeriar Limited is a digital food cooperative platform for African cities. The firm as of February 2024, is operational in 4 cities including Lagos, Abuja, Ibadan, and Port Harcourt. Pricepally offers a platform that enables families and businesses to purchase food in bulk or share bulk food items with others, decreasing the overall cost for many families and positively contributing to eradicating hunger in various communities. The company aims to tackle exorbitant food prices in African cities, increasing access to food resources for all. The food is sourced directly from farmers and wholesalers, resulting in a cost-effective source of grocery items when compared to retail store prices. The firm enables users to split the price of food items with other shoppers and have their share delivered to them.g. they can use Pally to share a bag of rice at wholesale price with 4 other people instead of buying a bag. The users' shares will be delivered immediately without waiting for other people to buy the other shares.

Who invested in Pricepally Nigeria

6 investors across 2 rounds

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Funding rounds

  1. Seed

    Nov 17, 2023

    Amount

    $1.3M

    Investors

    Locked

  2. Seed

    Sep 15, 2021

    Amount

    $0.1M

    Investors

    Locked

Questions about Pricepally Nigeria

Who invested in Pricepally Nigeria?

Pricepally Nigeria has 6 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Pricepally Nigeria raised?

Pricepally Nigeria has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Pricepally Nigeria last raise money?

Pricepally Nigeria's most recent round on record is a Seed, in Nov 2023.

What does Pricepally Nigeria do?

Based in Nigeria, established in 2019 by Luther Lawoyin, Jumai Abalaka, Deepak Bansal, and Monsunmola Adefemi, Pricepally Nigeriar Limited is a digital food cooperative platform for African cities.

Where is Pricepally Nigeria headquartered?

Pricepally Nigeria is headquartered in Lagos, Nigeria.

Which VCs invest in companies like Pricepally Nigeria?

Among active investors with capital left to deploy, WestBridge Capital Partners, Ventures Platform, Persistent Energy Capital and Norrsken22 back logistics & distribution companies at Pricepally Nigeria's stage. Their profiles are linked below.

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