OkHi - About the company
OkHi is a seed company based in Nairobi (Kenya), founded in 2014 by Timbo Drayson. It operates as a Provider of address standardization solutions for the delivery businesses. OkHi has raised $4.36M in funding from investors like Visa, Angel Investment Network and Chapel Hill Denham. The company has 79 active competitors, including 14 funded and 1 that has exited. Its top competitors include companies like Beans, HomeZada and HouseAccount.
Company Details
Provider of address standardization solutions for the delivery businesses. Provides users with a physical address that consists of a GPS point and a photo of their gate which can be shared via the mobile app. Using its generated address users can get deliveries to their door, get access to finance and emergency services. Features include location-based pricing, fraud detection, geo-marketing, route optimization, and more.
Key Metrics
Founded Year
2014
Location
Nairobi, Kenya
Stage
Seed
Total Funding
$4.36M in 6 rounds
Latest Funding Round
Ranked
1st among 79 active competitors
Employee Count
31 as on Jul 31, 2026
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OkHi's funding and investors
OkHi has raised a total funding of $4.36M over 6 rounds. Its first funding round was on Oct 2014. Its latest funding round was a Seed round on Nov 07, 2024 for $*****. 1 investor participated in its latest round. OkHi has 16 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of OkHi:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 07, 2024 | 5226244 | Seed | 3971061 | 9141290 | 5808624 | 4067455 |
Mar 09, 2022 | 9395226 | Seed | 1682200 | 8419371 | 6248605 | |
Sep 23, 2020 | 1022789 | Seed | 6851736 | 4085748 | 9078644 |
View details of OkHi's funding rounds and investors
OkHi's founders and board of directors
Founder? Claim ProfileThe founders of OkHi is Timbo Drayson.
Here are the details of OkHi's key team members:
- Timbo Drayson: Founder & CEO of OkHi.
View details of OkHi's Founder profiles and Board Members
OkHi's employee count trend
OkHi has 31 employees as of Jul 26. Here is OkHi's employee count trend over the years:
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OkHi's Competitors and alternates
Top competitors of OkHi include Beans, HomeZada and HouseAccount. Here is the list of Top 10 competitors of OkHi, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of address standardization solutions for the delivery businesses | $4.36M | 52/100 | ||
2nd | Beans 2018, Palo Alto (United States), Series B | AI-enabled address standardization solutions for delivery operators and emergency services | $17M | 51/100 | |
3rd | HomeZada 2011, El Dorado Hills (United States), Seed | Online platform for homeowners to manage property related information | $2.1M | 47/100 | |
4th | HouseAccount 1999, Brooklyn (United States), Early Stage | SaaS-driven home management solution for homeowners | $5M | 41/100 | |
5th | HomeHero 2014, London (United Kingdom), Seed | SaaS-driven home and community management software | $4.14M | 39/100 | |
6th | HomeBinder 2012, Boston (United States), Seed | SaaS-driven home management platform for residential spaces | $2.87M | 38/100 | |
7th | SmartyStreets 2005, Provo (United States), Unfunded | Online platform and API for address validation | - | - | 36/100 |
8th | Address standardization solutions | $100K | 36/100 | ||
9th | HomeaZZon 2020, United States, Unfunded | App-based home management solution for homeowners | - | - | 33/100 |
10th | AI home management platform | $20K | 31/100 |
Looking for more details on OkHi's competitors? Click here to see the top ones
OkHi's Investments and acquisitions
OkHi has made no investments or acquisitions yet.
Reports related to OkHi
Here is the latest report on OkHi's sector:
News related to OkHi
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Visa Invests in Four African Startups Graduating from Its Africa Fintech AcceleratorTech Labari•Nov 07, 2024•, Oze, WorkPay, OkHi and 3 others
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OkHi Lands $1.5M Seed Extension to Scale Service Across AfricaInvestors King•Mar 09, 2022•OkHi, Chapel Hill Denham, Founders Factory Africa, Betatron Venture Group and 1 other
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Smart addressing startup OkHi secures $3m seed funding to drive smart address verification in AfricaAfrica Business Communities•Mar 09, 2022•OkHi, Chapel Hill Denham, LinkedIn, Interswitch and 3 others
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Nigerian tech startup launches country’s first digital address verification serviceVentureburn•Nov 02, 2021•OkHi, Quickteller
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Smart addressing startup OkHi launches solution in Nigeria with InterswitchDisrupt Africa•Oct 27, 2021•OkHi, Interswitch, Quickteller
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Smart addressing startup OkHi partners with Interswitch GroupPrivate Equity Wire•Dec 11, 2020•OkHi, Interswitch
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Kenyan smart addressing startup OkHi launches in Nigeria with funding from InterswitchDisrupt Africa•Dec 10, 2020•OkHi, Interswitch
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Kenyan Startups Digiduka and OkHi Selected for Facebook Commerce Accelerator ProgramKenyan Wall Street•Nov 21, 2020•Digiduka, OkHi, Facebook
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