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  • 2012
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ABOUT

Jumia Group operates a range of online marketplaces across Africa. Founded in 2012, by European venture builder Rocket Internet, Jumia now has presence in 14 African countries. In June 2016, Africa Internet Group merged all its online platforms including food, real estate, automobile, travel, and general goods market into one company, Jumia Group. Jumia got listed on New York Stock Exchange in April 2019, raising USD 196 Mn.   

Jumia Group IN NEWS

Funding Rounds: 10Total Funding: $999.00 M
Month/Year Amount Round Type Investors Lead Investor
April 2019 $56 M Corporate Mastercard
December 2018 $84 M Corporate Pernord Ricard
October 2017 $80 M Debt Goldman Sachs, Orange, AXA Group, Millicom Systems, Commonwealth Development Corporation (CDC), Summit Partners, Rocket Internet
July 2016 $55 M Venture Capital Commonwealth Development Corporation (CDC)
March 2016 $326 M Series C Rocket Internet, Goldman Sachs, AXA Group, MTN
November 2014 $150 M Pre-Series C Orange, AXA Group, Millicom Systems, Summit Partners, Rocket Internet, MTN, Goldman Sachs
June 2013 $35 M Venture Capital Millicom Systems
March 2013 $26 M Venture Capital Summit Partners
January 2013 $143 M Series B Millicom Systems
January 2012 $44 M Pre-Series A Millicom Systems, Blakeney Management, Rocket Internet

Funding History graph

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Name Designation Social Links  
Sacha Poignonnec Co-Founder & Co-CEO
Jeremy Hodara Co-Founder & Co-CEO
Tunde Kehinde Co-Founder
Raphael Kofi Afaedor Co-founder
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Company Name Date Amount Stake Source
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