Latest round

Series A

Last raised

Sep 2022

Total raised

$23M

Investors

13

About Vendease

Vendease Limited is a digital platform that specializes in the online procurement of food supplies, headquartered in Lagos, Nigeria. The company was founded by a group of entrepreneurs including Dave Berman, Gatumi Aliyu, Jonny Holmes, Olumide Fayankin, Oyewale Oyepeju, and Tunde Kara.Vendease is a digital marketplace that specializes in the online procurement of food supplies, targeting the food service industry in Nigeria and Ghana. The company offers a wide range of food items, including meat, seafood, fruits and vegetables, dairy products, dry goods, and essential kitchen supplies. It provides a user-friendly platform where restaurants, hotels, cafes, and other food businesses can conveniently order products, featuring a real-time tracking service for deliveries.Vendease operates on a revenue model that includes transactional sales directly to clients, primarily within a Business-to-Business (B2B) framework. Food service establishments place orders for various supplies, with pricing structured around individual items. Flagship products such as Kings Vegetable Oil, Golden Penny Prime Flour, and various dairy products are offered at competitive prices. The company plans to introduce new products aimed at enhancing its offerings, though specific release dates have not been disclosed.

Who invested in Vendease

13 investors across 3 rounds

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Funding rounds

  1. Series A

    Sep 26, 2022

    Amount

    $20M

    Investors

    Locked

  2. Seed

    Oct 26, 2021

    Amount

    $3.2M

    Investors

    Locked

  3. Seed

    Mar 23, 2021

    Amount

    $0.1M

    Investors

    Locked

Questions about Vendease

Who invested in Vendease?

Vendease has 13 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Vendease raised?

Vendease has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Vendease last raise money?

Vendease's most recent round on record is a Series A, in Sep 2022.

What does Vendease do?

Vendease Limited is a digital platform that specializes in the online procurement of food supplies, headquartered in Lagos, Nigeria.

Where is Vendease headquartered?

Vendease is headquartered in Lagos, Nigeria.

Which VCs invest in companies like Vendease?

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

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