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Alerzo

Operating

Alerzo is a B2B e-commerce retail startup based in Ibadan, Nigeria.

Updated Source: SLA Startup IndexHow we verify →
Total raised
$16M
disclosed
Last round
$10.5M
Series A
Rounds
4
since 2019
Investors
4
on record
Employees
501-1,000

About Alerzo

Alerzo is a B2B e-commerce retail startup based in Ibadan, Nigeria.

Alerzo funding4 rounds

All 4 rounds →

Alerzo has raised $16M across 4 disclosed rounds. The latest is a $10.5M Series A announced 20 Aug 2021, led by Nosara Capital.

Capital growthrunning total of disclosed rounds
  1. $25KPre-seedPre-seed, $25K, $25K raised to date
  2. $500KPre-seedPre-seed, $500K, $525K raised to date
  3. $5MSeedSeed, $5M, $5.5M raised to date
  4. $10.5MSeries ASeries A, $10.5M, $16M raised to date

SLA Funding Index · grey is capital raised before each round

AnnouncedRoundLead · investorsAmount
20 Aug 2021Alerzo Series ANosara Capital +2$10.5M
01 Aug 2020Alerzo SeedNot disclosed$5M
17 Jul 2020Alerzo Pre-seedNot disclosed$500K
28 Feb 2020Alerzo Pre-seedThe Baobab Network$25K

Alerzo founders & team

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Frequently asked about Alerzo

Where is Alerzo based and when was it founded?
Alerzo is headquartered in Lagos, Nigeria and was founded in 2019.
Who founded Alerzo?
Alerzo was founded by Adewale Opaleye (Founder & CEO).
Who is the CEO of Alerzo?
Adewale Opaleye is Alerzo's Founder & CEO.
How much funding has Alerzo raised?
Alerzo has raised $16M across 4 disclosed rounds. Its latest, a $11M Series A, was announced on Aug 20, 2021.
Who has invested in Alerzo?
Backers include FJ Labs, Galaxy Investment Partners, Nosara Capital and The Baobab Network.
What sector is Alerzo in?
Alerzo operates in B2B, Retail and Logistics.