Where is Alerzo located?

Alerzo is headquartered in Ibadan, Nigeria.

Who is the current CEO of Alerzo?

Adewale Opaleye of Alerzo. They have also founded 1 company.

How many employees does Alerzo have?

As of Aug 31, 2026, the latest employee count at Alerzo is 812.

Is Alerzo a funded company?

Alerzo is a funded company, having raised a total of $20M across 3 funding rounds to date. The company's 1st funding round was a $***** Conventional Debt round.

When was the latest funding round of Alerzo?

Alerzo's latest funding was a $***** Series A round on Aug 20, 2021, with participation from 3 investors.

Where does Alerzo rank among its competitors?

Alerzo ranks 11th amongst 48 active competitors, of which 19 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was OneStock, which secured $72M in May, 2024.

Who are the top competitors of Alerzo?

Alerzo's top competitors include Anchanto, Shipup and OneStock. Among them, OneStock secured the most recent funding round in May, 2024.

Alerzo - 2026 Company Profile, Team, Funding & Competitors

Alerzo is a series A company based in Ibadan (Nigeria), founded in 2018 by Adewale Opaleye. It operates as a Provider of software solutions enabling informal distribution for retail businesses. Alerzo has raised $20M in funding from investors like Signal Hill Equity Partners, The Baobab Network and Nosara Capital. The company has 48 active competitors, including 19 funded and 2 that have exited. Its top competitors include companies like Anchanto, Shipup and OneStock.

Company Details

Provider of software solutions enabling informal distribution for retail businesses. It offers on-demand inventory distribution and financial services for small informal stores. It also provides real-time market trends, customer feedback, and consumer purchasing data, enabling retailers to discover, purchase and manage inventories for the stores.

Website: alerzo.com
Social
Email ID: *****@alerzo.com
Phone Number: +234 **********

Key Metrics

Founded Year

2018

Location

Ibadan, Nigeria

Stage

Series A

Total Funding

$20M in 3 rounds

Latest Funding Round

Series A, Aug 20, 2021, $*****

Investors

Signal Hill Equity Partners & 7 more

Ranked

11^th among 48 active competitors

Employee Count

812 as on Aug 31, 2026

Investment & Acquisitions

Shago Payments

Similar Companies

Shiprocket & 1981 more

View Alerzo's full profile

Alerzo has raised a total funding of $20M over 3 rounds. Its latest funding round was a Series A round on Aug 20, 2021 for $*****. 3 investors participated in its latest round. Alerzo has 7 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Alerzo:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 20, 2021	2661761	Series A	1319364	5483451	4829310	3827948
2020	8431	Seed	5470	6662	Signal Hill Equity Partners & 1 more	4348

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View details of Alerzo's funding rounds and investors

The founders of Alerzo is Adewale Opaleye. Adewale Opaleye is the CEO of Alerzo.

Here are the details of Alerzo's key team members:

Adewale Opaleye: Founder & CEO of Alerzo.
Contact Info: 1 email address

View details of Alerzo's Founder profiles and Board Members

Alerzo's employee count trend

Alerzo has 812 employees as of Aug 26. Here is Alerzo's employee count trend over the years:

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Top competitors of Alerzo include Anchanto, Shipup and OneStock. Here is the list of Top 10 competitors of Alerzo, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Anchanto 2011, Singapore (Singapore), Series C	Developer of e-commerce software and supply chain management solutions	$16.1M	Transcosmos, Innosight Ventures & 13 others	68/100
2nd	Shipup 2016, Paris (France), Acquired	Parcel tracking software for online retailers	$8.15M	Kima Ventures, Elaia & 1 others	63/100
3rd	OneStock 2010, London (United Kingdom), Series A	Cloud-based backend management tool for omnichannel retailers	$72M	Summit Partners, Lafayette Plug and Play & 2 others	56/100
4th	Sabi 2020, Lagos (Nigeria), Series B	Provider of informal distribution logistics solutions for businesses	$66M	CRE Venture Capital, FinTech Collective & 16 others	51/100
5th	TradeDepot 2015, Lagos (Nigeria), Series B	Provider of software solutions for B2B manufacturers and retailers for redistribution of stocks	$123M	IFC, Partech Partners & 11 others	51/100
6th	everstox 2019, Berlin (Germany), Series A	Provider of cloud-enabled asset-light fulfillment services	$26M	Global Founders Capital, Acton Capital & 5 others	51/100
7th	iVend Retail 2004, New York City (United States), Series C	Retail management software for offline retail stores	$60M	Goldman Sachs	51/100
8th	MarketForce360 2017, Nairobi (Kenya), Series A	Cloud-based operation management solutions for e-commerce brands	$42.6M	Y Combinator, Launch Africa & 23 others	47/100
9th	3PL 2006, Manchester (United Kingdom), Funding Raised	Provider of order fulfilment, warehousing, and logistics services for businesses	-	-	45/100
10th	Vendease 2017, Lagos (Nigeria), Series A	Online B2B marketplace offering food products	$23.3M	Global Founders Capital, TLcom & 14 others	44/100
11th	Alerzo 2018, Ibadan (Nigeria), Series A	Provider of software solutions enabling informal distribution for retail businesses	$20M	FJ Labs, Grant Park Ventures & 6 others	43/100