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- Kenya’s construction tech startup Jumba, has announced it has raised a $4.5 million seed round.
- The funds will be used to further develop their tech and extend their growth in East Africa and beyond.
- Jumba simplifies the sourcing of construction materials through a common marketplace for retailers and developers.
Kenya’s construction tech startup Jumba, has announced it has raised a $4.5 million seed round. The funds will be used to further develop their tech and extend their growth in East Africa and beyond.
Jumba launched its marketplace in April 2022 and already serves customers in over 60 percent of the counties in Kenya.
The company creates efficiencies in the construction materials supply chain by offering digital transactions and transparent pricing for manufacturers, hardware stores and construction sites. Hardware store owners use Jumba’s platform as a one stop shop for all construction materials, benefiting from pricing and supply visibility as well …