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 Jul 01, 2024, the latest employee count at Alerzo is 489.

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 13th amongst 51 active competitors, of which 21 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was OmniRetail, which secured $20M in Apr, 2025.

Who are the top competitors of Alerzo?

Alerzo's top competitors include Anchanto, Sabi and Vendease. Among them, OmniRetail secured the most recent funding round in April, 2025.

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 51 active competitors, including 21 funded and 2 that have exited. Its top competitors include companies like Anchanto, Sabi and Vendease.

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

13^th among 51 active competitors

Employee Count

489 as on Jul 01, 2024

Investment & Acquisitions

Shago Payments

Similar Companies

Glovo & 1974 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	1644172	Series A	1135334	7604324	8157926	9272332
2020	5729	Seed	9214	9726	Signal Hill Equity Partners & 1 more	5056

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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 489 employees as of Jul 24. Here is Alerzo's employee count trend over the years:

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Top competitors of Alerzo include Anchanto, Sabi and Vendease. 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	MDI Ventures, Innosight Ventures & 13 others	70/100
2nd	Sabi 2020, Lagos (Nigeria), Series B	Provider of informal distribution logistics solutions for businesses	$66M	CRE Venture Capital, FinTech Collective & 15 others	59/100
3rd	Vendease 2017, Lagos (Nigeria), Series A	Online B2B marketplace offering food products	$23.3M	Partech Partners, Y Combinator & 14 others	57/100
4th	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
5th	OmniRetail 2019, Lagos (Nigeria), Series A	Supply-chain digitization solutions for retailers and brands	$20M	Norfund, Timon Capital & 6 others	53/100
6th	TradeDepot 2015, Lagos (Nigeria), Series B	Provider of software solutions for B2B manufacturers and retailers for redistribution of stocks	$123M	IFC, Partech Partners & 10 others	51/100
7th	everstox 2019, Berlin (Germany), Series A	Provider of cloud-enabled asset-light fulfillment services	$26M	Acton Capital, Global Founders Capital & 5 others	51/100
8th	Shipup 2016, Paris (France), Acquired	Parcel tracking software for online retailers	$8.15M	Elaia, Bpifrance & 1 others	51/100
9th	iVend Retail 2004, New York City (United States), Series C	Retail management software for offline retail stores	$60M	Goldman Sachs	50/100
10th	FlixStock 2014, Singapore (Singapore), Series A	AI platform that generates high-quality, on-model product images and videos	$2.5M	Leo Capital, Wavemaker Partners & 3 others	48/100
13th	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