# Releaf MarketPlace Nigeria

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/releaf-marketplace-nigeria

- Industry: Agribusiness
- Headquarters: Uyo, Nigeria
- Website: www.releaf.africa
- Total disclosed funding: $4.2M
- Latest round: Seed (Sep 15, 2021)
- Investors on record: 6

## About

Founded in 2017 and based in Uyo, Nigeria, Releaf MarketPlace Nigeria Limited operates as a food processing platform that provides supply chain technology to reduce post-harvest loss for farming. In February 2023, the firm raised USD 250,000 in venture funding from investor Plesion Capital.  As of 2024, the company is headed by its CEO Ikenna Nzewi.

Releaf offers a range of products, including technology solutions designed to satisfy the various requirements of food enterprises in Africa. The firm solution range includes Kraken which increases deshelling efficiency and their Sourcing and Logistics Tool which digitizes the supply chain. Additionally, the firm also provides a geospatial mapping platform as well as a low-interest financing option for agricultural businesses.

## Funding rounds

- Seed, Sep 15, 2021, $2.7M — Samurai Incubate, Consonance Investment Managers, Future Africa
- Seed, Mar 18, 2019, $1.3M — Eudaimonia Capital, Harambeans
- Seed, Aug 1, 2017, $0.2M — Y Combinator

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Eudaimonia Capital — Seed
- Harambeans (https://capitalatlas.ai/funds/harambeans) — Seed
- Samurai Incubate (https://capitalatlas.ai/funds/samurai-incubate) — Seed
- Consonance Investment Managers (https://capitalatlas.ai/funds/consonance-investment-managers) — Seed
- Future Africa — Seed