Maad

B2B e-commerce in Francophone Africa

General Information
Company Name
Maad
Founded Year
2020
Location (Offices)
Senegal +2
Founders / Decision Makers
Number of Employees
63
Industries
B2B, Information Technology, Marketplaces +1
Funding Stage
Seed
Social Media

Maad - Company Profile

Maad is a rising star in the Francophone Africa's B2B e-commerce landscape, offering a comprehensive digital platform aimed at modernizing informal retail. Launched in 2020 and headquartered in Senegal, Maad has swiftly garnered attention and recently received a significant $2.30M Seed Round investment on 13th May 2024. High-profile investors such as Oui Capital, Launch Africa, Ventures Platform, Voltron Capital, Reflect Ventures, Alumni Ventures, and Seedstars have expressed confidence in the company's potential. Maad caters to small retailers by providing a user-friendly mobile app that facilitates streamlined supply management, reliable delivery, competitive pricing, and access to working capital through delayed payment options. Additionally, the platform offers valuable market insights to FMCG brands, enabling them to track market share, deploy targeted promotions, and maximize sales in specific areas. The innovative approach and rapid growth of Maad underscore its promising future in the realm of B2B e-commerce within the deeply significant Francophone African market.

Taxonomy: B2B e-commerce, Francophone Africa, digital services, small retailers, FMCG brands, working capital loans, wholesale distribution, marketplace, technology-driven solution, Dakar, Senegal

Funding Rounds & Investors of Maad (6)

View All
Funding Stage Amount No. Investors Investors Date
Seed Round $2.30M 7 Seedstars, Alumni Ventures 13 May 2024
Debt Financing $900.00K 1 13 May 2024
Seed Round Unknown 1 01 Oct 2023
Seed Round Unknown 1 24 Aug 2023
Debt Financing €200.00K 1 16 Jun 2023

View All 6 Funding Rounds

Latest News of Maad

View All

No recent news or press coverage available for Maad.

Similar Companies to Maad

View All
Tradesnest - Similar company to Maad
Tradesnest The No. 1 global B2B Distribution Partnership Platform that connects innovative Brands with Distributors.
DIRECT | Empowering Retailers - Similar company to Maad
DIRECT | Empowering Retailers Empowering Retailers with the Power of Technology & Brands
zíro - Similar company to Maad
zíro Financial Services for the Retail Value Chain
StockNSell Inc - Similar company to Maad
StockNSell Inc A marketplace to Buy and Sell consumer goods.