Kwik Delivery successfully closed its $1.7 million pre-Series A financing round

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Ndaman Joshua Olayinka
Tech Zealot and Passionate about writing everything concerning it. I support Arsenal.

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.

Read more: Kwik Delivery expands its delivery service to 4-wheels vehicles, becomes first full-stack last-mile delivery platform in Nigeria

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.

Read more: Kwik delivery and MasterCard partner to provide discounts to Nigeria MasterCard holders

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