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
Key Metrics
Founded Year
2015
Location
Nairobi, Kenya
Stage
Acquired
Total Funding
$5.3M in 3 rounds
Latest Funding Round
Ranked
5th among 55 active competitors
Employee Count
18 as on Jun 30, 2026
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 |
View details of Skygarden's funding rounds and investors
Skygarden's founders and board of directors
Founder? Claim ProfileThe founders of Skygarden are Martin Majlund and Christian Grubak.
Here are the details of Skygarden's key team members:
- Martin Majlund: COO/CMO & Co-Founder of Skygarden.
- Christian Grubak: CEO & Co-Founder of Skygarden. Contact Info: 1 phone number
View details of Skygarden's Founder profiles and Board Members
Skygarden's employee count trend
Skygarden has 18 employees as of Jun 26. Here is Skygarden's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Amazon 1994, Seattle (United States), Public | Online retailer of various products including electronics, clothing, and groceries | $8M | 85/100 | |
2nd | Online marketplace offering multi-category products | $593M | 81/100 | ||
3rd | Recharge.com 2012, Nijmegen (Netherlands), Acquired | Online retailer of mobile top-ups, gift cards, and payment cards | $60.3M | 69/100 | |
4th | Online shopping store | - | - | 45/100 | |
5th | Online marketplace for multi-category products | $5.3M | 44/100 | ||
6th | Happy Wishy 2014, Nairobi (Kenya), Unfunded | Online retailer of fashion, beauty products, accessories, gift cards, and games | - | - | 41/100 |
7th | Online marketplace for multi-category products | - | - | 40/100 | |
8th | Digital Comrade 2019, Eldoret (Kenya), Unfunded | Online marketplace offering multi-category products | - | - | 33/100 |
9th | Online marketplace for multi-category products | - | - | 31/100 | |
10th | Online retailer offering multi-category consumer products | - | - | 28/100 |
Looking for more details on Skygarden's competitors? Click here to see the top ones
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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Kenya’s BNPL platform Lipa later acquires e-commerce startup Sky.GardenTechMoran•Dec 07, 2022•Lipa Later, Skygarden
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E-commerce startup Sky.Garden faces closure after failing to raise fundingAfrica Business Communities•Oct 03, 2022•Skygarden
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Sky.Garden, a Kenyan e-commerce firm, has raised $4 million in a Series A funding roundTechgist Africa•Jun 15, 2021•Skygarden, SANAD, Aavishkaar Capital, Uncovered Fund and 1 other
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Sky.Garden partners with Interswitch to launch Instant mobile money seller payment options for its vendorsAfrica Business Communities•Apr 20, 2018•Skygarden, Interswitch
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Here’s how 2 Kenyan startups raised a combined $3.2m in funding this weekVentureburn•Feb 07, 2018•Skygarden, Katapult Accelerator, Futuristic, TRK Group and 2 others
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Kenyan e-commerce startup Sky.Garden raises $1.2m fundingDisrupt Africa•Feb 06, 2018•Skygarden, Katapult Accelerator, Futuristic, TRK Group and 1 other
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