Kobo360 is a tech-enabled digital logistics platform that aggregates end-to-end haulage operations.
Kobo provides SMEs with turn-key solutions to challenges hampering their ability to scale. The company was founded on the desire to provide solutions that drive efficiency and growth in verticals where these are challenges.
Kobo360 was founded in 2016 and is based in Yaba, Lagos, Nigeria.
Kobo360 has designed effective solutions for the challenges in the logistics space by connecting asset owners in the industry with the MSMEs that need their services.
Kobo is also preparing to enter the agro-trading space by developing a marketplace that connects farmers with buyers all over the world. The marketplace will effectively eliminate the high cost of middlemen for smallholder farmers and significantly increase their profits.
Kobo360 is backed by leading investors including Goldman Sachs, Y Combinator, International Finance Corporation, & Western Technology Investment among others. The company raised $20M in it's latest funding of a "Series A" round on Aug 14, 2019. This new financing brings Kobo360's total funding to $37.3M to-date.