BetaStore gives better access to informal retailers to the widest assortment of FMCG goods at wholesale price and delivers to their stores. The retailers don't need to go to the open markets and visit tens of suppliers to source for basic goods.
Location: Nigeria, Lagos
Employees: 51-200
Phone: +234 815 554 6404
Total raised: $2.5M
Founded date: 2020
Investors 2
| Date | Name | Website |
| - | Consonance... | consonance... |
| - | Founder In... | fi.co/ |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 31.05.2022 | Series A | $2.5M | - |
Mentions in press and media 4
| Date | Title | Description |
| 29.09.2022 | The biggest moonshots from 500 Global’s latest Demo Day | It’s demo day season. This morning marked the kickoff of VC firm 500 Global’s Fall 2022 Demo Day, which saw over a dozen startups give their best pitches to prospective investors — and customers. Participants ran the gamut from fintech and ... |
| 30.05.2022 | Nigeria-based startup, Betastore raises $2.5 million for African expansion | --> --> Nigerian-based startup, Betastore has closed a $2.5 million in pre-series A funding to facilitate its expansion to Ghana, the Democratic Republic of Congo, and Cameroon by the end of this year. The company secured the fund fro... |
| 30.05.2022 | Central Africa: Betastore Gets $2.5m to Solve Stock-Outs, Financing Challenges for Informal Retailers in West and Central Africa | About 80% of household retail in sub-Saharan Africa is delivered through informal channels, which perennially face several challenges like stockouts, leading to an instability in earnings, and a lack of attractiveness to financiers. These c... |
| 30.05.2022 | Betastore gets $2.5M to solve stock-outs, financing challenges for informal retailers in West and Central Africa | About 80% of household retail in sub-Saharan Africa is delivered through informal channels, which perennially face several challenges like stockouts, leading to an instability in earnings, and a lack of attractiveness to financiers. These c... |