Termii, a leading African communications platform, has secured $3.6 million in funding to enhance business communication through mobile channels.

Target Information

Termii, a communications platform founded by Ayomide Awe, Atinuke Idowu, and Gbolade Emmanuel during their time at the University of Lagos, specializes in leveraging technology to facilitate mobile communication for businesses across Africa. The founders envisioned Termii as a solution that empowers companies to engage with their customers through various mobile channels, effectively transforming the landscape of communication on the continent.

Termii allows businesses to utilize messaging platforms for customer verification, engagement, and support through its robust infrastructure. Its services include SMS, email, voice, and instant messaging, and it integrates seamlessly with third-party applications. The platform boasts an impressive 95% message delivery rate and has successfully processed over 400 million transactions for over 10,000 businesses, including reputable companies like Sterling Bank and Paystack.

Industry Overview in Africa

The communications industry in Africa is undergoing rapid transformation, fueled by the increasing adoption of mobile technology and the Internet. With a booming population of mobile users, businesses now recognize the necessity of effectiv

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Not specified

invested in

Termii

in 2023

in a Other VC deal

Disclosed details

Transaction Size: $4M

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