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Skygarden - About the company

Skygarden is an acquired company based in Nairobi (Kenya), founded in 2015 by Martin Majlund and Christian Grubak. It operates as an Online marketplace for multi-category products. Skygarden has raised $5.3M in funding from investors like SANAD, TRK Group and Futuristic. The company has 55 active competitors, including 1 funded and 4 that have exited. Its top competitors include companies like Amazon, Jumia and Recharge.com.

Company Details

Online marketplace for multi-category products. The offerings include electronics, fashion, beauty, stationery, home improvement, hardware, baby & kids, and more. The mobile application is available on the Android platform.
Website
sky.garden
Social
X
Key Metrics
Founded Year
2015
Location
Nairobi, Kenya
Stage
Acquired
Total Funding
$5.3M in 3 rounds
Latest Funding Round
Investors
Ranked
Employee Count
18 as on Jun 30, 2026
Similar Companies
Exit Details
Acquired by Lipa Later (Dec 05, 2022)

Skygarden's acquisition details

Skygarden got acquired by Lipa Later on Dec 05, 2022 at an acquisition amount of $*****.
Click here to take a look at Skygarden's acquisition in detail
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Skygarden's funding and investors

Skygarden has raised a total funding of $5.3M over 3 rounds. Its first funding round was on Aug 03, 2017. Its latest funding round was a Series A round on Jun 14, 2021 for $*****. 4 investors participated in its latest round. Skygarden has 10 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Skygarden:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 14, 2021
9640780
Series A
2937440
1924562
9883231
6117627
Feb 06, 2018
9110789
Seed
2955762
5834024
1635115
6215534
Aug 03, 2017
5701306
Seed
3816496
1687808
2335728
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Skygarden's founders and board of directors

Founder? Claim Profile
The founders of Skygarden are Martin Majlund and Christian Grubak.
Here are the details of Skygarden's key team members:

Skygarden's employee count trend

Skygarden has 18 employees as of Jun 26. Here is Skygarden's employee count trend over the years:
Employee count trend for Skygarden
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Skygarden's Competitors and alternates

Top competitors of Skygarden include Amazon, Jumia and Recharge.com. Here is the list of Top 10 competitors of Skygarden, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Amazon
Amazon
1994, Seattle (United States), Public
Online retailer of various products including electronics, clothing, and groceries
$8M
85/100
2nd
Logo for Jumia
Jumia
2012, Algeria, Public
Online marketplace offering multi-category products
$593M
81/100
3rd
Logo for Recharge.com
Recharge.com
2012, Nijmegen (Netherlands), Acquired
Online retailer of mobile top-ups, gift cards, and payment cards
$60.3M
69/100
4th
Logo for Kilimall
Kilimall
2014, Nairobi (Kenya), Unfunded
Online shopping store
-
-
45/100
5th
Logo for Skygarden
Skygarden
2015, Nairobi (Kenya), Acquired
Online marketplace for multi-category products
$5.3M
44/100
6th
Logo for Happy Wishy
Happy Wishy
2014, Nairobi (Kenya), Unfunded
Online retailer of fashion, beauty products, accessories, gift cards, and games
-
-
41/100
7th
Logo for Masoko
Masoko
2001, Nairobi (Kenya), Unfunded
Online marketplace for multi-category products
-
-
40/100
8th
Logo for Digital Comrade
Digital Comrade
2019, Eldoret (Kenya), Unfunded
Online marketplace offering multi-category products
-
-
33/100
9th
Logo for Jamboshop
Jamboshop
2018, Nairobi (Kenya), Unfunded
Online marketplace for multi-category products
-
-
31/100
10th
Logo for MyHiba
MyHiba
2021, Nairobi (Kenya), Unfunded
Online retailer offering multi-category consumer products
-
-
28/100
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Skygarden's Investments and acquisitions

Skygarden has made no investments or acquisitions yet.

Reports related to Skygarden

Here is the latest report on Skygarden's sector:

News related to Skygarden

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Sky.Garden unveils rebranded e-commerce ecosystemAfrica Business CommunitiesDec 04, 2023Skygarden
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