MarketForce360 - About the company
MarketForce360 is a series A company based in Nairobi (Kenya), founded in 2017 by Tesh Mbaabu and Mesongo Sibuti. It operates as a Cloud-based operation management solutions for e-commerce brands. MarketForce360 has raised $42.6M in funding from investors like Y Combinator, V8 Capital Partners and Future Africa. The company has 42 active competitors, including 23 funded and 2 that have exited. Its top competitors include companies like Udaan, Kirana Club and ElasticRun.
Company Details
Cloud-based operation management solutions for e-commerce brands. The platform enables companies to automate its sales and distribution processes by handling orders, prospects, client data, product and service information, consumer response, stock movement, and more.
- Website
- marketforce360.com
- Social
- Email ID
- *****@marketforce360.com
- Phone Number
- +254 **********
Key Metrics
Founded Year
2017
Location
Nairobi, Kenya
Stage
Series A
Total Funding
$42.6M in 7 rounds
Latest Funding Round
Investors
Ranked
12th among 42 active competitors
Employee Count
190 as on May 31, 2026
Investment & Acquisitions
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MarketForce360's funding and investors
MarketForce360 has raised a total funding of $42.6M over 7 rounds. Its first funding round was on May 26, 2020. MarketForce360 has 23 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of MarketForce360:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 22, 2022 | 2059274 | Conventional Debt | 8306236 | 3701147 | 6374996 | 9784830 |
Feb 22, 2022 | 2565914 | Series A | 9936571 | 8722005 | 5578184 | |
Aug 24, 2021 | 9022630 | Seed | 2589909 | 4080221 | 7018852 |
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MarketForce360's founders and board of directors
Founder? Claim ProfileThe founders of MarketForce360 are Tesh Mbaabu and Mesongo Sibuti. Tesh Mbaabu is the CEO of MarketForce360.
Here are the details of MarketForce360's key team members:
- Tesh Mbaabu: Co-Founder & CEO of MarketForce360 and founder of 4 other companies, including chpter, MarketForce and Mesozi.
- Mesongo Sibuti: Co-Founder of MarketForce360 and founder of 2 other companies, MarketForce and Mesozi. Contact Info: 2 email addresses
View details of MarketForce360's Founder profiles and Board Members
MarketForce360's employee count trend
MarketForce360 has 190 employees as of May 26. Here is MarketForce360's employee count trend over the years:
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MarketForce360's Competitors and alternates
Top competitors of MarketForce360 include Udaan, Kirana Club and ElasticRun. Here is the list of Top 10 competitors of MarketForce360, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | B2B e-commerce platform for wholesale trade and distribution | $2.12B | 69/100 | ||
2nd |  Kirana Club 2021, Bengaluru (India), Acquired | A community and commerce platform that connects kirana stores | $2M | 67/100 | |
3rd |  ElasticRun 2014, Pune (India), Series E | Platform offering rural B2B E-commerce and logistics | $462M | 66/100 | |
4th | Provider of tech-based logistics assistance solutions for rural retailers | $31.4M | 62/100 | ||
5th | _1583837963708.png?devicePixelRatio=2&height=30&width=30){kind=logo} Spoiler Alert 2015, Boston (United States), Series A | B2B marketplace for food businesses to sell surplus food | $13.6M | 61/100 | |
6th | Operator of B2B marketplace and retail platform for food and grocery | $263M | 61/100 | ||
7th | Platform offering AI- and ML-powered distributor network optimization | $830K | 52/100 | ||
8th | Tech-driven platform for small retailers to manage their working capital and stock | $141M | 52/100 | ||
9th | Provider of informal distribution logistics solutions for businesses | $66M | 51/100 | ||
10th |  TradeDepot 2015, Lagos (Nigeria), Series B | Provider of software solutions for B2B manufacturers and retailers for redistribution of stocks | $123M | 51/100 | |
12th | MarketForce360 2017, Nairobi (Kenya), Series A | Cloud-based operation management solutions for e-commerce brands | $42.6M | 47/100 |
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MarketForce360's Investments and acquisitions
MarketForce360 has acquired Digiduka. MarketForce360 has not made any investments as of now.Reports related to MarketForce360
Here is the latest report on MarketForce360's sector:
News related to MarketForce360
•
MarketForce raises USD40m in Series APrivate Equity Wire•Feb 22, 2022•Market Force, V8 Capital Partners, TEN13, SOSV and 12 others
•
Kenya’s MarketForce raises $2m pre-Series A to scale B2B retail marketplaceDisrupt Africa•Jul 08, 2021•Market Force, V8 Capital Partners, Future Africa, GreenHouse Capital and 7 others
•
Kenya’s Mesozi Group nets $350k for its MarketForce 360 retail platformVentureburn•May 26, 2020•Mesozi, ViKtoria Ventures, GrowthAfrica, MarketForce and 3 others
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