Topship

Topship

Private
Lagos, LagosMobility, Transportation & Logisticshttps://www.topship.africa

Last Round

Seed

May 16, 2022

Total Funding Raised

$3M

Company Overview

Topship is a logistics technology company that provides a platform for African businesses to manage international shipping. Described as the 'Flexport for Africa,' the company offers a digital solution for exporting and importing parcels, cargo, and freight. Founded in 2020 by Moses O Enenwali and Junaid Babatunde, Topship aims to simplify cross-border trade for African merchants by connecting them with a network of global courier services and enabling them to book, track, and manage shipments. The company serves thousands of merchants, helping them ship to over 150 countries. Topship is a graduate of the Y Combinator accelerator program and has secured seed funding from investors including Flexport.

Sector

Mobility, Transportation & Logistics

Verticals

Freight & Transportation, Logistics Software, E-commerce, Last-Mile Delivery

Business Model

B2B

Customer Profile

Usage-Based SaaS, Freemium

AI Layer

Non-AI

Keywords

African logisticsfreight forwardingdigital shipping platformFlexport for Africaimport export platformshipping APIe-commerce logisticsshipping to Nigeriashipping from Nigeriaair freightsea freightpackage forwardinglogistics aggregatorcustoms clearanceasset-light logistics

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Topship 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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Topship Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
SeedMay 16, 2022
SeedJan 18, 2022
AngelJun 18, 2021

Key People

Founding team and executive leadership

Junaid Babatunde

Chief Technology Officer

Executive Team

Topship Investors

Notable investors and investment history

Topship Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Topship Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersLagos, Lagos
Employee Range18
Year Founded2020
Last FundingMay 16, 2022

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