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Safaricom

company

About

Safaricom is a mobile network operator that offers internet connectivity, information management, voice, and communication solutions.

Highlights

Stock Symbol
nbo:SCOM
Total Funding Amount
$2.59B
Funding Rounds
2
Investors
1
Investments
9
Lead Investments
6

Details

Last Funding Type
Post-IPO Secondary
Last Funding Money Raised
$2.59B
Industries
Mobile,Optical Communication,Telecommunications
Founded date
Apr 1, 1997
Number Of Employee
5001 - 10000
Operating Status
Active
Stock Symbol
nbo:SCOM
Legal Name
Safaricom Plc
Also Known As
Safaricom Cloud Services

Safaricom is a mobile network operator that offers internet connectivity solutions, information management solutions, voice solutions, and communication solutions. It serves small businesses, medium businesses, and large corporates.

The company’s services and offerings include international calls and roaming; data storage, recovery, and backup; online information storage and archiving; mobile banking services; wide area networks, managed Wi-Fi solutions, point-to-point connectivity, 4G connection, and Fiber to Buildings; IT consultancy; virtual collaboration, voice conferencing, and video conferencing; messaging services and voice services; music services; and more.

Safaricom was founded in 1997 and is based in Nairobi, Kenya.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$2.59B
Safaricom has raised a total of $2.59B in funding over 2 rounds. Their latest funding was raised on May 15, 2017 from a Post-IPO Secondary round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
May 15, 2017 Post-IPO Secondary $2.59B 1 Vodacom — Detail
Jan 1, 2002 IPO — — — — Detail

Investments

Number of Investments
Number of Lead Investments
9
6
Safaricom has made 9 investments. Their most recent investment was on Jan 14, 2020, when Circle Gas raised $25M.
Date Company Name
Round Money Raised Industry Lead Investor
Jan 14, 2020 Circle Gas
Corporate Round $25M Energy Yes
Aug 6, 2019 M-Pesa
Corporate Round Sh407M Finance Yes
Apr 19, 2018 MSURVEY
Series A $3.50M Cloud Computing —
Sep 7, 2017 iProcure
Series B Sh100M Agriculture Yes
Feb 13, 2017 FarmDrive
Series Unknown — Agriculture Yes
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Investors

Number of Lead Investors
Number of Investors
1
1
Safaricom is funded by 1 investors. Vodacom are the most recent investors.
Investor Name Lead Investor Funding Round
Vodacom Yes Post-IPO Secondary

Employee Profiles

Number of Employee Profiles
42
Safaricom has 42 current employee profiles, including Board member Susan Mudhune
Susan Mudhune
Board member
Joseph Wanjohi
Employee
Sunil Sood
Board member
Shikoh Gitau
Executive
Serpil Timuray
Board member
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Exits

Safaricom has had 1 exits. Safaricom most notable exits include M-Pesa

Date Company Name Exit Type Industry
Apr 6, 2020 M-Pesa M&A Finance Detail

Acquisition

Safaricom has acquired 1 organizations. Their most recent acquisition was yuMobile on Sep 1, 2014. They acquired yuMobile for $120M.

Date Company Name
Industry Acquisition Type Price
Sep 1, 2014 yuMobile
Telecommunications acquisition $ 120M Detail
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