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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
Social
XFacebook
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
Investors
Ranked
Employee Count
1,437 as on Sep 30, 2026
Investment & Acquisitions
Similar Companies
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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:lockFilter this list
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
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MAX's founders and board of directors

Founder? Claim Profile
The founders of MAX is Adetayo Bamiduro.
Here are the details of MAX's key team 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:
Employee count trend for MAX
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for MAX
MAX
2015, Lagos (Nigeria), Series B
Provider of on-demand hyperlocal delivery services
$39.6M
63/100
2nd
Logo for Kwik
Kwik
2018, Lagos (Nigeria), Series A
App-based on-demand delivery platform
$4.03M
52/100
3rd
Logo for ShapShap
ShapShap
2017, Lagos (Nigeria), Seed
App-based platform providing on-demand hyperlocal delivery services
-
32/100
4th
Logo for Darum
Darum
2020, Lagos (Nigeria), Unfunded
Offers an app-based platform offering on-demand delivery services
-
-
27/100
5th
Logo for Modus
Modus
2021, Abuja (Nigeria), Deadpooled
Offers an app-based platform providing on-demand delivery services
-
-
27/100
6th
Logo for Kwikpik
Kwikpik
2022, Lagos (Nigeria), Unfunded
Provider of web-enabled on-demand delivery-as-a-service provider
-
-
26/100
7th
Logo for Koastal Karriers
Koastal Karriers
2009, Lagos (Nigeria), Unfunded
Online platform offering delivery services
-
-
24/100
8th
Logo for Konar
Konar
2019, Abuja (Nigeria), Unfunded
App-based platform providing on-demand delivery services
-
-
23/100
9th
Logo for Run
Run
2020, Lagos (Nigeria), Funding Raised
Offers an app for managing delivery dispatching services
-
23/100
10th
Logo for Koogah
Koogah
2020, Lagos (Nigeria), Unfunded
Offers an app-based marketplace providing package delivery services
-
-
22/100
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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

lockFilter this list
Media has covered MAX for 1 event in last 1 year.
•
Mobility and Tech Company MAX Launches Operations in GhanaInnovation-village•Nov 07, 2022•MAX
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FAQs about MAX

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