Kwik Delivery, leading last-mile delivery tech company launched in Lagos in 2019 announces today that it has closed its pre-Series A financing round. The company successfully raised $ 1.7 million in equity from institutional and high net worth investors.
Romain POIROT-LELLIG, Founder & CEO of Kwik Delivery explained “the company has demonstrated to customers and investors alike its efficiency as well as the relevance of its bold technology-based approach during a most challenging period,” “This financing round is enabling us to grow even faster and to disrupt and conquer new markets.”
A year ago, Lagos-based logistics startup, Kwik Delivery also secured an undisclosed amount of funding from the founder of French video games company, Ubisoft SA to help expand its operations.
Early this month, the company expanded its app-based breakthrough delivery service to 4-wheels delivery vehicles. This includes vehicles such as hatchbacks, pick-ups, SUV, vans and small trucks up to 5 tons. It’s B2B delivery platform focuses on providing reliable delivery services inside large Nigerian cities by connecting riders and customers. The service currently covers Lagos and Abuja. With its latest $1.7m pre-Series A Fund, the logistics startup plans to expand into new markets.
About Kwik Delivery
It is an on-demand, last-mile delivery platform that connects African businesses to independent delivery riders, dubbed Kwiksters. The Kwik platform is currently open to Kwiksters operating in Lagos State. The app is available on iOS and Android. It is the trading name of Africa Delivery Technologies SAS.