iProcure

company

About

iProcure is a Kenyan startup focused on optimizing rural supply chains.

  • 101 - 250

Details

Last Funding Type
Series B
Last Funding Money Raised
Sh100M
Industries
Agriculture,Analytics,Information Technology,Logistics,Packaging Services,Software,Supply Chain Management
Founded date
Jan 1, 2013
Number Of Employee
101 - 250
Operating Status
Active

iProcure is a Nairobi-based start-up working to optimize the agriculture input supply chain in rural Kenya. iProcure’s web and mobile technology solution improves agriculture retailers’ operations. It lets them manage ordering based on inventory, point of sale activities, and client profiles along with geo-located purchasing patterns, real-time agent performance and transaction analysis, and built-in mobile payments. As a result, retailers can better predict demand with business intelligence data, improve inventory management, and streamline distribution efficiency.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
Sh100M
iProcure has raised a total of Sh100M in funding over 2 rounds. Their latest funding was raised on Sep 7, 2017 from a Series B round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Sep 7, 2017 Series B Sh100M 1 Safaricom Detail

Investors

Number of Lead Investors
Number of Investors
1
1
iProcure is funded by 1 investors. Safaricom are the most recent investors.
Investor Name Lead Investor Funding Round
Safaricom Yes Series B