# Yobante Express

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/yobante-express

- Industry: Internet
- Headquarters: Dakar, Senegal
- Website: www.yobanteexpress.com
- Total disclosed funding: $1.2M
- Latest round: Seed (Sep 28, 2021)
- Investors on record: 4

## About

Based in Senegal, and founded in 2018, Yobante Express Inc. operates an online marketplace that connects local couriers with local commerce to optimize domestic, cross-border, and last-mile delivery. In September 2021, Yobante Express Inc. raised USD 1.2 million in seed funding from GRENFELL CAPITAL LIMITED, Launch Africa Ventures, Libertad Ventures, and R-Ventures, with participation from individual investors. As of October 2022, the company has subsidiaries in South Africa, Nigeria, Ghana, and Zambia led by its CEO Oumar Basse.

Yobante Express Inc. web and mobile platform that uses machine learning and leverages gig economy, independent and casual couriers. The company provides many delivery options including business, express, and economical to e-commerce, retail, oil-retailer, financial services, corporations, organizations, and SME/SMIs with shipping labels, delivery notes, online tracking, SMS notification, last-mile delivery, and automatic deposit at the proximity point. The company's client base includes Apefe, Enabel, Soreetul, and Yes Food.

The company plans to use the funding to reach critical mass in South Africa and Nigeria.

## Funding rounds

- Seed, Sep 28, 2021, $1.2M — Libertad Ventures, Launch Africa Ventures, GRENFELL CAPITAL LIMITED, R-Ventures

## Investors

- Libertad Ventures (https://capitalatlas.ai/funds/libertad-ventures) — Seed
- Launch Africa Ventures (https://capitalatlas.ai/funds/launch-africa-ventures) — Seed
- GRENFELL CAPITAL LIMITED — Seed
- R-Ventures (https://capitalatlas.ai/funds/r-ventures-2) — Seed