Proc360

Operating

Procurement platform helping African businesses buy from China safely with supplier verification, escrow payments, inspections and logistics

Updated Source: SLA Startup IndexHow we verify →
Total raised
$10K
disclosed
Last round
$10K
Grant
Rounds
1
Investors
1
on record

About Proc360

Proc360 (Proc360 by Checkit) is a Lagos-based procurement platform that helps African wholesalers and SMEs source products directly from China. It verifies suppliers, holds payments in escrow, inspects goods in China before shipment, and handles freight, customs clearance and delivery. Customers begin on WhatsApp through Ruby, the company's AI procurement assistant. The company says it has teams in Lagos, Accra and Guangzhou, serves traders in Nigeria and Ghana, and earns revenue from trade fees, transaction fees, partner commissions and FX margins. In October 2026 Disrupt Africa reported the company-stated figures of US$750,000 in trade enabled across 4,900 transactions and 2,700 businesses transacting on the platform.

Proc360 funding1 round

Proc360 has raised $10K across 1 disclosed round. The latest is a $10K Grant announced 02 Oct 2026, led by Standard Chartered Foundation.

AnnouncedRoundLead · investorsAmount
02 Oct 2026Proc360 GrantStandard Chartered Foundation$10K

Proc360 founders & team

Proc360 competitorssame sector · similar funding

  • Odyssey Energy Solutions

    Odyssey Energy Solutions streamlines financing and deployment of distributed renewable energy. · Nigeria

  • DrugStoc

    DrugStoc is a Nigerian Pharmaceuticals startup that offers secure and interactive procurement services · Nigeria

All 3 Procurement startups in Nigeria

Frequently asked about Proc360

Where is Proc360 based?
Proc360 is headquartered in Lagos, Nigeria.
Who founded Proc360?
Proc360 was founded by Fara Popoola (Co-Founder & CEO) and Michael Adisa (Co-Founder & CTO).
Who is the CEO of Proc360?
Fara Popoola is Proc360's Co-Founder & CEO.
How much funding has Proc360 raised?
Proc360 has raised $10K across 1 disclosed round. Its latest, a $10K Grant, was announced on Oct 02, 2026.
Who has invested in Proc360?
Backers include Standard Chartered Foundation.
What sector is Proc360 in?
Proc360 operates in Procurement, Supply Chain Management and B2B.