E-commerce in Kenya: funding deals and active investors
One of the best-documented segments on the platform. Latest rounds, investors who lead them, tickets and instruments — E-commerce, Kenya.
10
deals recorded
2
over 12 months
6.3 M$
median disclosed ticket
28
identified investors
Key findings
- 10 funding deals recorded (E-commerce, Kenya) since 2018, involving 9 companies and 28 identified investors. 2 of them over the last 12 months (3 the previous year).
- Median disclosed ticket: 6.3 M$; half of the deals fall between 3.9 M$ and 9.5 M$ (6 amounts disclosed out of 10, 38.7 M$ in total).
- Where the money goes: Online marketplaces (50 %), B2B e-commerce (30 %), Online retail (20 %).
- Most frequent stage: Seed (50 %); most used instrument: Equity (70 %).
- Most active investors: 54 Collective (1), Acumen (1), Alumni Angel (1).
- 70 % of deals are syndicated (at least two investors around the table).
Industries
- Online marketplaces5
- B2B e-commerce3
- Online retail2
Stages
- Seed5
- Debt1
- Series A1
- Series B1
Instruments
- Equity7
- Senior debt1
Deals per year
| Year | Deals | Disclosed amounts |
|---|---|---|
| 2022 | 1 | — |
| 2023 | 1 | 4.5 M$ |
| 2024 | 2 | — |
| 2025 | 3 | 20.5 M$ |
| 2026 | 2 | 3.7 M$ |
Most active investors
- 54 Collective1 deal
- Acumen1 deal
- Alumni Angel1 deal
- Catalyst Fund1 deal
- Delta401 deal
- DRK Foundation1 deal
- E3 Capital1 deal
- Enza Capital1 deal
- FirstCheck Africa1 deal
- Founder Collective1 deal
- Giant Ventures1 deal
- Grenfell Holdings1 deal
Latest deals
| Company | Date | Disclosed amounts | Lead |
|---|---|---|---|
| Peach CarsOnline marketplaces · Kenya · Debt | Aug 2026 | 3.7 M$ | Japan Finance Corporationsource |
| FlowcartOnline retail · Kenya | Mar 2026 | undisclosed | Jobtech Alliancesource |
| Farm to FeedOnline marketplaces · Kenya · Seed | Nov 2025 | 1.5 M$ | Delta40source |
| Peach CarsOnline marketplaces · Kenya · Series A | Jun 2025 | 11 M$ | Suzuki Global Venturessource |
| KapuOnline retail · Kenya · Seed | Jan 2025 | 8 M$ | Giant Venturessource |
| BuuPassOnline marketplaces · Kenya | Feb 2024 | undisclosed | Business angelsource |
| BadiliOnline marketplaces · Kenya · Seed | Jan 2024 | undisclosed | E3 Capitalsource |
| JumbaB2B e-commerce · Kenya · Seed | Mar 2023 | 4.5 M$ | Enza Capitalsource |
| Topup MamaB2B e-commerce · Kenya · Seed | Oct 2022 | undisclosed | Ventures Platformsource |
| Twiga FoodsB2B e-commerce · Kenya · Series B | Nov 2018 | 10 M$ | TLcom Capitalsource |
See also
Method: published funding deals (press releases, specialised media), recorded by Invest Matching's news monitoring and reviewed before integration. Amounts in US dollars; deals without a disclosed amount count in the totals, not in the medians.