Twiga Foods

Twiga Foods is a business-to-business marketplace platform that sources produce directly from farmers and delivers it to urban retailers.

Twiga bridges gaps in food & market security to achieve an efficient, fair and transparent market. Source quality produce from farmers and deliver to vendors.

Twiga Foods was founded in 2013 by Peter Njonjo and Grant Brooke. The company is headquartered in Nairobi, Kenya.

Twiga Foods is using a mobile-based, cashless, business-to-business (B2B) supply platform to access distribution into the millions of small and medium size vendors in African urban markets.

Twiga buys produce from a network of farmers and delivers it to thousands of informal vendors, has recently become a magnet for foreign investors, making it one of the most funded start-ups in the region.

 

Twiga Foods serves around 3,000 outlets a day with produce through a network of 17,000 farmers and 8,000 vendors. Parties can coordinate goods exchanges via mobile app using M-Pesa mobile money for payment.

 

Twiga Foods is backed by Goldman Sachs, IFC, TLcom Capital, Creadev and others. The compan raised $30M ($23.75M (Sh2.44B) from a "Series B" financing and $6.25 from debt financing) on Oct 28, 2019. This brings Twiga's total funding to $36.25M to date.

 

 

  • Year founded: 2013
  • Funding Info: $36.25M over 3 Rounds (Latest Funding Type: Series B)
  • Yearly Revenue: $5M-$10M (2019)
  • Employee Size: 201-500
  • Business Valuation: NA
  • City/Town: Nairobi
  • State: Nairobi
  • Country: Kenya
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