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ARED

Operating

ARED provides smart connectivity solution and distribution of digital services in Africa.

Updated Source: SLA Startup IndexHow we verify →
Total raised
$400K
disclosed
Last round
$250K
Series A
Rounds
3
since 2013
Investors
4
on record
Employees
1-10

About ARED

Founded in January 2013, ARED mostly a technology company for social good. We started our journey by developing a smart solar kiosk platform to bridge the gap of online/offline connectivity and distribution of digital services included government services in rural, semi urban areas and refugee camps. We created the first and only one stop shop platform in the market that allow people to access any services, charge their phone, connect the internet and consume offline digital content from one location. We have around 100 of those kiosks spread in 2 countries, we served 150000 unique customer a year and process over 500000 digital transaction a year. We recently added new services for our business customer where we offer smart data and content management system for wifi users. Internet pricing still real high in Africa and a lack of analytics and understanding of customer usage of the internet is still high. We provide our custmize router system included our software solution to businesses that can better manage their customer usage but also build better engagement when customers use their facilities such as offline customer feedback, digital menu, games etc...

ARED funding3 rounds

All 3 rounds →

ARED has raised $400K across 3 disclosed rounds. The latest is a $250K Series A announced 01 Apr 2019, led by Erick Yong.

Capital growthrunning total of disclosed rounds
  1. $50KPre-seedPre-seed, $50K, $50K raised to date
  2. $100KSeedSeed, $100K, $150K raised to date
  3. $250KSeries ASeries A, $250K, $400K raised to date

SLA Funding Index · grey is capital raised before each round

AnnouncedRoundLead · investorsAmount
01 Apr 2019ARED Series AErick Yong$250K
17 May 2018ARED SeedGray Matters Capital$100K
04 May 2016ARED Pre-seedVillage Capital +1$50K

ARED founders & team

Frequently asked about ARED

Where is ARED based and when was it founded?
ARED is headquartered in Kicukiro, Rwanda and was founded in 2013.
Who founded ARED?
ARED was founded by Henri Nyakarundi (Founder).
How much funding has ARED raised?
ARED has raised $400K across 3 disclosed rounds. Its latest, a $250K Series A, was announced on Apr 01, 2019.
Who has invested in ARED?
Backers include Erick Yong, Gray Matters Capital, Village Capital and VilCap Investments.
What sector is ARED in?
ARED operates in Ad Network.