Alerzo Limited is the leading business-to-business e-commerce platform in Nigeria. Our mission is to leverage technology to empower retailers in the informal sector, so they are equipped to run profitable & sustainable businesses.
Location: Nigeria, Lagos, Tatala
Employees: 501-1000
Total raised: $20M
Founded date: 2019
Investors 1
| Date | Name | Website |
| - | The Baobab... | thebaobabn... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 20.08.2021 | Series A | $20M | - |
Mentions in press and media 15
| Date | Title | Description |
| 15.09.2025 | From posters to products: How Afolake Odubote designed her way into tech | For Afolake Odubote, design wasn’t the plan; it was the discovery. What began as a side task, creating posters during an entrepreneurship programme in 2021, quickly became a calling that would shape her career in product design. “I didn’t s... |
| 15.03.2025 | Expert predicts trade surplus for Nigeria in 2025 | Dele Akintola, CEO of Alerzo, has provided a broader perspective on Nigeria’s current account outlook, citing key macroeconomic factors that are driving the country towards a potential trade surplus in 2025. He made this known while speakin... |
| 01.03.2025 | Can DSTV survive beyond 5 years? Analysts weigh in | DSTV, Nigeria’s leading pay-TV provider, faces increasing scrutiny as analysts question its long-term viability in an era dominated by streaming services. Experts have raised concerns about the company’s business model, competitiveness, and... |
| 19.04.2023 | Digitizing the supply chain drove investment increase in African agrifoodtech in 2022 | Data Snapshot is a regular AFN feature analyzing agrifoodtech market investment data provided by our parent company, AgFunder. Click here for more research from AgFunder and sign up to our newsletters to receive alerts about new research re... |
| 19.08.2022 | Nigerian e-commerce platform, Omnibiz, raises $15 million pre-Series A | Image Source: Omnibiz Omnibiz, a Nigerian B2B e-commerce company, has recently secured a $15 million pre-Series A investment led by Timon Capital. The raise is structured as a $5M equity and $10M debt investment deal and saw participation f... |
| 05.05.2022 | The Baobab Network grows its portfolio to 25 as it invests in five new African start-ups. | The Baobab Network (TBN), a Nairobi-based accelerator that invests in early-stage technology companies across Africa, has announced its latest cohort of investee companies. The cohort of five start-ups, which includes businesses in Egypt, N... |
| 23.08.2021 | Alerzo Raises $10.5M in Series A Funding | Alerzo, an Ibadan, Nigeria-based B2B e-commerce retail startup, raised $10.5m in Series A funding. The round led by Nosara Capital with participation from FJ Labs and several family offices from the U.S., Europe and Asia, including Michael ... |
| 21.08.2021 | Nigeria and Singapore-based Alerzo raises $20 million to bring Nigeria’s informal retail sector online | --> --> Alerzo, a business-to-business technology and services platform focused on Nigeria’s informal retail sector announced US$10.5 million in Series A funding, bringing total funding to more than $20 million. The round was led by N... |
| 21.08.2021 | Nigeria’s Alerzo raises $10.5m to digitize informal retail supply chain in Nigeria | In a traditional African market, traders commonly set aside a particular day to visit manufacturing factories or wholesalers to restock. On this day, in addition to battling with unstable price structure, stressful transit process, and mali... |
| 20.08.2021 | Daily Crunch: Alerzo lands $10.5 million Series A for digitizing Nigeria’s mom-and-pop stores | To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello and welcome to Daily Crunch for August 20, 2021. The week is finished, but our work to catch up with ... |
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