Brastorne

Brastorne

Private
Gaborone, South-East DistrictConsumer & Commercehttps://www.brastorne.com

Last Round

Grant

Feb 6, 2023

Total Funding Raised

$775,000

Company Overview

Brastorne is a Botswana-based technology company focused on connecting rural and underserved populations in Africa to the digital economy. The company develops solutions that work on basic feature phones without requiring internet access, utilizing Unstructured Supplementary Service Data (USSD) technology. Its mission is to bridge the digital divide for millions of Africans who cannot afford smartphones or data plans. Brastorne's key products include mAgri, a platform for farmers providing access to markets, information, and finance; Mpotsa, an SMS-based question-and-answer service; and Vuka, a social chat application. The company partners with major telecommunication providers, like Orange, to expand its services across the continent, with operations in Botswana, the Democratic Republic of the Congo, Cameroon, and Guinea. Brastorne has received recognition and funding from programs like the Google Black Founders Fund and MIT Solve.

Sector

Consumer & Commerce

Verticals

Cloud Communications, Vertical SaaS, Mobile Commerce, Social Media

Business Model

B2B2C

Customer Profile

Subscription SaaS, Revenue Share, Government Contracts

AI Layer

Non-AI

Keywords

USSD platformfeature phone appsrural connectivityMNO partnershipsdumb phone appsdigital inclusionmAgrimobile for developmentagricultural information servicefarmer marketplaceB2B2C platformSMS servicesfeature phone super appmicro-subscriptionsIVR services

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Brastorne Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Brastorne Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
GrantFeb 6, 2023
GrantSep 18, 2022
GrantSep 7, 2022
GrantOct 27, 2021

Key People

Founding team and executive leadership

Stimela Martin Thato

Co-Founder And Chief Executive Officer

Founding Team

Brastorne Investors

Notable investors and investment history

Brastorne Filings

SEC and related filings with document metadata.

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Brastorne Filings

SEC and related filings with document metadata.

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Firmographic Details

HeadquartersGaborone, South-East District
Employee Range35
Year Founded2013
Last FundingFeb 6, 2023

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