Four years after its official launch, Sokowatch, a Kenya-based B2B eCommerce startup has closed a $14 million Series A round.
The round was led by Quona Capital with participation from Amplo, Breyer Capital, Vertex Ventures, Timon Capital and repeat investor 4DX Ventures.
With the fresh capital, the startup wants to broaden its client services and target new African markets. Sokowatch provides a platform that connects merchants directly to local and multinational suppliers such as Unilever and Proctor and Gamble.
The startup raised a $2 million seed round in 2018 and afterwards expanded across East Africa; Rwanda, Tanzania and Uganda.