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Vendease

Vendease

Private
LagosConsumer & Commercehttps://www.vendease.com/

Last Round

Series A

Extension

Feb 19, 2025

Est. Valuation

$1.79M

Total Funding Raised

$43.33M

Company Overview

Vendease is a food technology company that provides a digital platform for efficient food procurement and supply chain management tailored for restaurants and hospitality operations.

Sector

Consumer & Commerce

Verticals

E-commerce, Supply Chain, BNPL, Point-of-Sale

Business Model

B2B

Customer Profile

Marketplace Commission, Subscription SaaS, Payment Processing Fee, Hardware + Subscription

AI Layer

Non-AI

Keywords

food procurementB2B marketplacefood supply chainrestaurant techbuy now pay laterBNPLvertical SaaSinventory managementembedded financerestaurant OSpoint of salePOSfood logisticse-procurementcredit financing

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Vendease Comparables

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Vendease Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series A ExtensionFeb 19, 2025
DebtSep 26, 2022
Series ASep 26, 2022
SeedOct 25, 2021
AcceleratorMar 23, 2021

Key People

Founding team and executive leadership

Gatumi Aliyu

Co-Founder Chief Product Officer

Founding Team

Wale Oyepeju

Co-Founder And Chief Technology Officer

Founding Team

Olumide Fayankin

Chief Executive Officer, Co-Founder COO At Vendease

Founding Team

Tunde Kara

Co-Founder CEO

Founding Team

Vendease Investors

Notable investors and investment history

Vendease investors
InvestorRounds
PartechSeries A
Global Founders CapitalSeed
GREE VR Capital, LLCSeries A
Magic FundSeries A, Seed
PartechSeries A
Magic FundSeries A, Seed
Liquid 2 VenturesSeed

Market signals

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  • Feb 27, 2025

    120 employees, 44% of staff, laid off in second round of cuts.

Vendease Filings

SEC and related filings with document metadata.

Data table
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Vendease Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Vendease's valuation, stock price, and market status.

Firmographic Details

HeadquartersLagos
Employee Range136
Year Founded2019
Last FundingFeb 19, 2025

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