Omniretail Overview
- Year Founded
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2019
- Status
-
Private
- Employees
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560
- Latest Deal Type
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Accelerator/Inc
- Investors
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25
Omniretail General Information
Description
Developer of a unified distribution platform designed to optimize retail processes through supply chain visibility. The company's technology provides real-time sales tracking, automated inventory management, integrated payment processing, AI-powered sales tools, a logistics partner network, and digital credit assessment, enabling local businesses to manage trade transactions and restock inventory through a digital framework.
Contact Information
Website
www.omniretail.africaCorporate Office
- 6, Causeway road
- Ijora
- Lagos, 101253
- Nigeria
Corporate Office
- 6, Causeway road
- Ijora
- Lagos, 101253
- Nigeria
Omniretail Timeline
Omniretail Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 8. Accelerator/Incubator | Completed | Profitable | ||||
| 7. Later Stage VC (Series A) | 01-Jul-2025 | Completed | Profitable | |||
| 6. Secondary Transaction - Private | 21-Apr-2025 | Completed | Profitable | |||
| 5. Accelerator/Incubator | Completed | Profitable | ||||
| 4. Accelerator/Incubator | 02-May-2024 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series A) | 01-Jul-2022 | Completed | Generating Revenue | |||
| 2. Seed Round | 01-Oct-2021 | $3M | $4M | Completed | Generating Revenue | |
| 1. Seed Round | 01-Dec-2019 | $1M | $1M | Completed | Startup |
VC Exit Predictor
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Omniretail Comparisons
Industry
Financing
Details
Omniretail Competitors (16)
One of Omniretail’s 16 competitors is Sabi, a Venture Capital-Backed company based in Lagos, Nigeria.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Sabi | Venture Capital-Backed | Lagos, Nigeria | ||||
| TradeDepot | Venture Capital-Backed | San Francisco, CA | ||||
| Oze | Venture Capital-Backed | Accra, Ghana | ||||
| Creatio | Private Equity-Backed | Boston, MA | ||||
| Sendy (Business/Productivity Software) | Formerly VC-backed | Nairobi, Kenya |
Omniretail Signals
Omniretail Investors (25)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Alitheia Capital | Impact Investing | Minority | ||
| Aruwa Capital Management | Growth/Expansion | Minority | ||
| Flour Mills of Nigeria | Corporation | Minority | ||
| Goodwell Investments | Impact Investing | Minority | ||
| Norfund | Impact Investing | Minority |
Omniretail Acquisitions (1)
Omniretail’s most recent deal was a Merger/Acquisition with Traction Apps. The deal was made on 21-Oct-2024.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Traction Apps | 21-Oct-2024 | Merger/Acquisition | Other Hardware |
Omniretail Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Traction Apps | Lagos, Nigeria | 2018 |
Omniretail FAQs
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When was Omniretail founded?
Omniretail was founded in 2019.
-
Where is Omniretail headquartered?
Omniretail is headquartered in Lagos, Nigeria.
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What is the size of Omniretail?
Omniretail has 560 total employees.
-
What industry is Omniretail in?
Omniretail’s primary industry is Business/Productivity Software.
-
Is Omniretail a private or public company?
Omniretail is a Private company.
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What is Omniretail’s current revenue?
The current revenue for Omniretail is .
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How much funding has Omniretail raised over time?
Omniretail has raised $29.7M.
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Who are Omniretail’s investors?
Alitheia Capital, Aruwa Capital Management, Flour Mills of Nigeria, Goodwell Investments, and Norfund are 5 of 25 investors who have invested in Omniretail.
-
Who are Omniretail’s competitors?
Sabi, TradeDepot, Oze, Creatio, and Sendy (Business/Productivity Software) are some of the 16 competitors of Omniretail.
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