# Taimba

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

- Industry: Internet
- Headquarters: Nairobi, Kenya
- Website: www.taimba.co.ke
- Total disclosed funding: $0.1M
- Latest round: Seed (Jul 25, 2019)
- Investors on record: 1

## About

Taimba Limited is a mobile-based platform facilitating cashless transactions that connect rural farmers directly with urban retailers in Nairobi, Kenya.Founded in 2016 and headquartered in Nairobi, Kenya, Taimba Limited specializes in streamlining the agricultural supply chain. The company operates under the leadership of CEO Dominique Kavuisya, who, alongside co-founder Joan Kavuisya, has played a significant role in its establishment. Taimba raised USD 0.1 million in Seed funding on July 25, 2019, led by GMC coLABS, marking an important milestone in its financial journey, with the total amount raised reaching USD 0.1 million from this round.Taimba operates a mobile-based cashless platform connecting rural smallholder farmers with urban retailers, restaurants, hospitals, and schools in Nairobi, Kenya. The platform simplifies the agricultural supply chain, allowing farmers to sell fresh produce at favorable prices while offering retailers high-quality products at lower market prices. This approach ensures direct delivery from farms to retailers, maintaining produce freshness. Key products include potatoes, onions, carrots, and tomatoes, all of which are critical due to their short shelf lives and market price volatility.Taimba's revenue model centers around B2B transactions, enabling farmers to sell directly to retailers through the platform without incurring transport costs, thanks to Taimba’s free delivery service. Revenue is generated from the margin between farmers' prices and those charged to retailers, designed to be competitive to facilitate high sales volumes. This model supports Taimba’s objectives of improving farmer income and minimizing food waste within the supply chain.Following the most recent funding round in July 2019, Taimba plans to enhance its product offerings and expand its reach into new markets, focusing on increasing its presence across other urban areas in Kenya. The Seed funding of USD 0.1 million will be utilized to develop new features for the platform, aiming to improve user experience and operational efficiency. Targeted geographic expansions will include neighboring regions, with timelines for implementation yet to be specified.

## Funding rounds

- Seed, Jul 25, 2019, $0.1M — GMC coLABS

## Investors

- GMC coLABS (https://capitalatlas.ai/funds/gmc-colabs) — Seed