ANGEL & SEED ROUND · NOW OPEN

Help us carry Africa's commerce.

KANGORA lets people shop many merchants in one basket and receive one predictable delivery. We are raising a seed round to open our first Lagos hubs, put drivers on dense routes and prove the model before we scale.

SHOPMERCHANTHUBCONSOLIDATEROUTEDELIVER
01 · PURPOSE

Why this round exists

Online shopping in Nigeria breaks at delivery. Each merchant ships separately, costs are unpredictable and customers wait for several riders. KANGORA fixes the middle with hubs and routes.

Prove the promise

Show that one basket from many merchants can reach the customer in one delivery, next day or in two days, at a profit.

Build route density

Concentrate orders in a few Lagos zones so each driver trip carries more packages and earns more.

Lay the rails

Create the merchant, hub and driver systems, including SMS and USSD, that can be repeated in other African cities.

1 order

Many merchants, one customer-facing order

1 delivery

Packages consolidated at the hub

1–2 days

Predictable, not instant, so routes stay efficient

Zones

Customer addresses are never exposed publicly

02 · WHERE THE SEED MONEY GOES

Use of funds: ₦900M over 18 months

Most of the money goes into things customers can feel: hubs, drivers, and a shop that works. Percentages are planning figures.

Hubs & vehicles30% · ₦270,000,000

Three Lagos hubs (Yaba, Ikeja, Lekki), scanners, racking, vehicle leases and fuel.

Technology & product25% · ₦225,000,000

Marketplace, seller recommendation, order splitter, route engine, driver app and SMS/USSD layer.

Merchant & customer growth20% · ₦180,000,000

Onboarding 300 merchants, launch promos and first-order discounts in target zones.

Team & operations15% · ₦135,000,000

Hub managers, dispatch, support, finance and engineers.

Working capital, compliance & reserve10% · ₦90,000,000

Merchant payout float, insurance, licences, legal and a safety buffer.

Milestones the seed round should reach

3

Active Lagos hubs

300

Verified merchants

60

Contracted drivers

95%

On-time delivery inside the promise window

03 · FUNDING PATH

From angel cheque to Series C

Each stage unlocks a bigger network. Figures for later rounds are indicative targets and depend on results.

OPEN NOW

Angel

₦315M
  • Founders' network and early believers
  • Fund the manual pilot and first hub
  • Prove delivery promise with 10 merchants and 5 drivers
OPEN NOW

Seed

₦585M
  • Completes the ₦900M round
  • Three hubs, 300 merchants, 60 drivers
  • Automate routing and alerts
FUTURE

Series A

₦4.5B
  • Prove unit economics in Lagos
  • Open Abuja and Port Harcourt
  • Launch Express tier
FUTURE

Series B

₦20B
  • Scale across Nigeria
  • Add Same-Day in dense zones
  • Payments and merchant financing
FUTURE

Series C

₦75B+
  • Expand to Ghana, Kenya and beyond
  • Cross-border merchant network
  • Move toward profitability at scale

What investors get

  • Monthly updates with hub and route metrics
  • Access to the live demo and pilot data
  • Pro-rata rights in later rounds (to be agreed)

All figures on this page are illustrative planning numbers for discussion, not a promise of returns. This page is not an offer of securities. Any investment is subject to formal documents, due diligence and applicable Nigerian law.

04 · INVEST

Talk to the founders

Tell us who you are and the cheque size you're considering. We'll send the investor deck and set up a call.