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.
Access Full Deal Insights
You’re viewing a public preview of this deal. To unlock full access to ca. 50,000 other deals in our database and join ca. 400 M&A professionals who are using it daily, sign up for Dealert.
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
Similar Deals
Goodwell Investments and Alitheia Capital → Hinckley E-Waste Recycling Ltd.
2025
Not specified
invested in
Termii
in 2023
in a Other VC deal
Disclosed details
Transaction Size: $4M