Topship
Latest round
- Seed
Last raised
- May 2022
Total raised
- $2.5M
Investors
- 7
About Topship
Topship Limited is a logistics company that provides comprehensive shipping services, including inter-state delivery within Nigeria and international shipping to over 200 cities. on August 22, 2022.Topship Africa specializes in local and international delivery services, providing a comprehensive suite of shipping solutions designed to facilitate the movement of goods seamlessly. Their core offerings include inter-state delivery across Nigeria, international shipping to over 200 cities worldwide, and specialized services such as Shop & Ship, which allows customers to purchase from international stores without incurring customs fees upon shipment to Nigeria. Additional services include the importation of frozen foods, providing a convenient solution for those seeking to order international meats, poultry, and seafood, delivered within 48 hours.Topship Africa engages in a transactional model that encompasses both B2B and direct-to-consumer interactions, with revenue generated primarily through shipping fees for their extensive range of services. Customers typically initiate transactions through the company’s platform, where they can choose between express and budget shipping options, depending on their needs. Pricing structures for services are tiered; for instance, shipping costs are calculated based on weight, with options starting from NGN 600 per kilogram for certain shipments. The company has also established partnerships with e-commerce platforms, enabling merchants to automate their delivery processes and streamline logistics.Topship Limited has identified strategic growth initiatives, including the introduction of new specialized shipping services designed to cater to specific industry needs, expected to launch in 2023. The company also plans to expand into new markets in Africa and the Middle East by the end of 2024. Additionally, partnerships with international retailers are under consideration to facilitate easier cross-border shopping for their customers.
Who invested in Topship
7 investors across 1 round
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Funding rounds
Seed
May 16, 2022
Amount
$2.5M
Investors
Questions about Topship
Who invested in Topship?
Topship has 7 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 Topship raised?
Topship has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Topship last raise money?
Topship's most recent round on record is a Seed, in May 2022.
What does Topship do?
Topship Limited is a logistics company that provides comprehensive shipping services, including inter-state delivery within Nigeria and international shipping to over 200 cities.
Where is Topship headquartered?
Topship is headquartered in Lagos, Nigeria.
Which VCs invest in companies like Topship?
Among active investors with capital left to deploy, WestBridge Capital Partners, Ventures Platform, Persistent Energy Capital and Norrsken22 back logistics & distribution companies at Topship's stage. Their profiles are linked below.
VCs backing logistics & distribution startups at Seed
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