MAX - About the company
MAX is a series B company based in Lagos (Nigeria), founded in 2015 by Adetayo Bamiduro. It operates as a Provider of on-demand hyperlocal delivery services. MAX has raised $39.6M in funding from investors like Techstars, Venture Garden Group and Lightrock. The company has 30 active competitors, including 3 that are funded. Its top competitors include companies like Kwik, ShapShap and Darum.
Company Details
MAX is a provider of on-demand hyperlocal delivery services. It provides deliveries by combining on-demand dispatch technology with a network of local dispatch riders. It does end-to-end pick-up and delivery to customers and uses mapping technology to resolve address issues. It provides instant, same-day, and next-day delivery services. Its app is available on Android and IOS devices.
- Website
- max.ng
- Email ID
- *****@max.ng
- Phone Number
- +234 **********
Key Metrics
Founded Year
2015
Location
Lagos, Nigeria
Stage
Series B
Total Funding
$39.6M in 7 rounds
Latest Funding Round
Ranked
1st among 30 active competitors
Employee Count
1,437 as on Sep 30, 2026
Investment & Acquisitions
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MAX's funding and investors
MAX has raised a total funding of $39.6M over 7 rounds. Its first funding round was on Dec 17, 2015. Its latest funding round was a Series B round on Dec 20, 2021 for $*****. 5 investors participated in its latest round. MAX has 22 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of MAX:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 20, 2021 | 8398437 | Series B | 6404847 | 2104527 | 4481679 | 3088949 |
Sep 29, 2020 | 1820817 | Conventional Debt | 5855515 | 8975714 | 6983183 | 8131422 |
Jun 08, 2020 | 7947410 | Series A | 6114139 | 5584647 | 3058056 |
View details of MAX's funding rounds and investors
MAX's founders and board of directors
Founder? Claim ProfileThe founders of MAX is Adetayo Bamiduro.
Here are the details of MAX's key team members:
- Adetayo Bamiduro: of MAX. They are also an angel investor in 1 startup.
View details of MAX's Founder profiles and Board Members
MAX's employee count trend
MAX has 1,437 employees as of Sep 26. Here is MAX's employee count trend over the years:
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MAX's Competitors and alternates
Top competitors of MAX include Kwik, ShapShap and Darum. Here is the list of Top 10 competitors of MAX, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of on-demand hyperlocal delivery services | $39.6M | 63/100 | ||
2nd | App-based on-demand delivery platform | $4.03M | 52/100 | ||
3rd | App-based platform providing on-demand hyperlocal delivery services | - | 32/100 | ||
4th | Offers an app-based platform offering on-demand delivery services | - | - | 27/100 | |
5th | Offers an app-based platform providing on-demand delivery services | - | - | 27/100 | |
6th | Provider of web-enabled on-demand delivery-as-a-service provider | - | - | 26/100 | |
7th | Koastal Karriers 2009, Lagos (Nigeria), Unfunded | Online platform offering delivery services | - | - | 24/100 |
8th | App-based platform providing on-demand delivery services | - | - | 23/100 | |
9th | Offers an app for managing delivery dispatching services | - | 23/100 | ||
10th | Offers an app-based marketplace providing package delivery services | - | - | 22/100 |
Looking for more details on MAX's competitors? Click here to see the top ones
MAX's Investments and acquisitions
MAX has acquired Easy Appetite. MAX has not made any investments as of now.Reports related to MAX
Here is the latest report on MAX's sector:
News related to MAX
Media has covered MAX for 1 event in last 1 year.
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MAX Secures $8 Million Debt Financing from Triple Jump to Boost Electric Mobility in AfricaTechawkng•May 13, 2026•MAX
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Max appoints former Goldmans Sachs advisor, as new Director of expansionZawya•Nov 26, 2022•MAX, Goldman Sachs
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Yamaha partners with Nigerian startup MAX for vehicle financing and maintenanceAfrica Business Communities•Jul 21, 2022•Yamaha Motor, MAX
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MAX, Africa’s First Mobility Tech Platform, Reaches 100 Million KM MilestoneInvestors King•Jul 13, 2022•MAX
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Mobility tech startup, Metro Africa Express, raises $31m in Series B fundingAfrica Business Communities•Dec 28, 2021•MAX, Proparco, Lightrock, Global Ventures and 3 others
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Nigeria’s MAX secures $31 million to upgrade ride-hailing drivers in AfricaImpactAlpha•Dec 21, 2021•MAX, Lightrock, Global Ventures, Proparco and 2 others
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Nigerian mobility startup MAX.ng partners with DLM Capital to transform transportation finance in AfricaAfrica Business Communities•Oct 01, 2020•MAX, DLM Capital Group
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