Wasoko - About the company
Wasoko is a series B company based in Nairobi (Kenya), founded in 2013 by Troels Plenge and Daniel Yu. It operates as an Online retailer of everyday consumer goods providing delivery services to shops. Wasoko has raised $152M in funding from investors like The University of Chicago, Tiger Global Management and Impact Engine, with a current valuation of $*****. The company has 71 active competitors, including 14 funded and 6 that have exited. Its top competitors include companies like CallidusCloud, Wooqer and Linx.
Company Details
Online retailer of everyday consumer goods providing delivery services to shops. It offers an application for shop owners to order products. Customer service agents and field sales agents are available to assist with registration. The company provides a credit facility for purchasing goods and later payment.
- Website
- wasoko.com
- Email ID
- *****@wasoko.com
- Phone Number
- +254 **********
Key Metrics
Founded Year
2013
Location
Nairobi, Kenya
Stage
Series B
Total Funding
$152M in 13 rounds
Latest Funding Round
Post Money Valuation
$***** as on Mar 27, 2024
Investors
Ranked
1st among 71 active competitors
Employee Count
582 as on Jun 30, 2026
Investment & Acquisitions
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Wasoko's funding and investors
Wasoko has raised a total funding of $152M over 13 rounds. Its first funding round was on Feb 2015. Its latest funding round was a Series B round on Mar 16, 2022 for $*****. 8 investors participated in its latest round. Wasoko has 40 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of Wasoko:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 16, 2022 | 8685132 | Series B | 1332906 | 1437483 | 5322283 | 7983237 |
Feb 21, 2020 | 5177004 | Series A | 1377318 | 9145066 | 5929676 | |
Feb 2019 | 3121831 | Seed | 9244210 | 7028421 | 7248279 |
View details of Wasoko's funding rounds and investors
Wasoko's founders and board of directors
Founder? Claim ProfileHere are the details of Wasoko's key team members:
- Troels Plenge: Former Co-Founder of Wasoko.
- Daniel Yu: Founder & CEO of Wasoko. Contact Info: 1 email address
View details of Wasoko's Founder profiles and Board Members
Wasoko's employee count trend
Wasoko has 582 employees as of Jun 26. Here is Wasoko's employee count trend over the years:
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Wasoko's Competitors and alternates
Top competitors of Wasoko include CallidusCloud, Wooqer and Linx. Here is the list of Top 10 competitors of Wasoko, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Online retailer of everyday consumer goods providing delivery services to shops | $152M | 67/100 | ||
2nd | CallidusCloud 1996, Pleasanton (United States), Acquired | Cloud-based sales, marketing and pipeline management solutions | $89.3M | 61/100 | |
3rd | Wooqer 2014, San Jose (United States), Seed | Provider of software for managing operations across multiple business locations | $6M | 60/100 | |
4th | Cloud-based suite software for the retail industry | - | 58/100 | ||
5th | OneStock 2010, London (United Kingdom), Series A | Cloud-based backend management tool for omnichannel retailers | $72M | 56/100 | |
6th | Twiga Foods 2013, Nairobi (Kenya), Series C | Online marketplace platform offering farm products | $110M | 55/100 | |
7th | Platform offeirng cloud based end to end eCommerce and retail solution | $23.4M | 53/100 | ||
8th | Kilimo Fresh 2018, Dar es Salaam (Tanzania), Seed | Online platform offering multi-category grocery products | $250K | 52/100 | |
9th | PIM for interaction between FMCG brands and retailers | $51.6M | 52/100 | ||
10th | iVend Retail 2004, New York City (United States), Series C | Retail management software for offline retail stores | $60M | 50/100 |
Looking for more details on Wasoko's competitors? Click here to see the top ones
Wasoko's Investments and acquisitions
Wasoko has a total of 1 investment in Tushop. Wasoko has not made any acquisitions as of now.Reports related to Wasoko
Here is the latest report on Wasoko's sector:
News related to Wasoko
Media has covered Wasoko for a total of 2 events in the last 1 year, 1 of them has been about people movement.
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COMESA Investigates Wasoko-MaxAB Merger Over Market Competition ConcernsInnovation-village•Oct 15, 2025•Wasoko, Maxab
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Wasoko Founder Daniel Yu Steps Back From Full-Time Role After MaxAB MergerTechMoran•Sep 23, 2025•Wasoko
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Wasoko and MaxAB hire ex-Cruise CTO to lead AI initiativesAfrica Business Communities•Oct 31, 2024•Wasoko, Maxab
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Pioneering Merger Reshapes Africa's Digital Retail LandscapeTech In Africa•Sep 04, 2024•Wasoko, Maxab
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Africa B2b Startups Wasoko And Maxab Officially Complete MergerTech Labari•Aug 27, 2024•Wasoko, Maxab
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Wasoko and MaxAB combine forces in Africa’s "largest tech merger"Techpoint.Africa•Aug 27, 2024•Wasoko, Maxab
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Kenyan court vacates order compelling Wasoko to retain 9 ex-employeesTechpoint.Africa•Jun 12, 2024•Wasoko
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