About Afrimarket
Afrimarket is a company based in Paris (France) founded in 2013. Afrimarket has raised $14.56 million across 2 funding rounds from investors including Proparco, Global Innovation Fund and Orange Digital Ventures. Afrimarket offers products and services including Téléviseur LED, Fer à vapeur, Bouilloire Électrique, and Infinix Hot 6 Pro. Afrimarket operates in a competitive market with competitors including Amazon, Veepee, Groupon, Goop and PriceMinister, among others.
- Headquarter Paris, France
- SectorsRetail
- Email••••••••
- Website afrimarket.ci
- Social LinkedIn X Facebook
- Legal Name Afrimarket
- Total Equity Funding$14.56M (USD)
in 2 rounds
- Latest Funding Round$11.16M (USD), Series B
Jul 2016
- InvestorsProparco
& 3 more
Products & Services of Afrimarket
Afrimarket offers a comprehensive portfolio of products and services, including Téléviseur LED, Fer à vapeur, Bouilloire Électrique, and Infinix Hot 6 Pro.
Television with integrated regulator and decoder for viewing
Steam iron for clothing with 130 ml capacity
Electric kettle for boiling water up to 2 liters
Mobile phone with camera and battery features
Funding Insights of Afrimarket
Afrimarket has successfully raised a total of $14.56M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $11.16 million completed in July 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $14.56M
- Total Rounds 2
- Last Round Series B — $11.16M
- First Round $3.4M
(Jan 2015)
- Investors Count 4
All 2 funding rounds of Afrimarket with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2016 | $11.16M | Series B | – | Global Innovation Fund | |
| Jan 2015 | $3.4M | Series A | – | BIM, Orange Digital Ventures | – |
4 investors in total: 4 institutional.
Investors in Afrimarket
Afrimarket has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Proparco, Global Innovation Fund and Orange Digital Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Social innovations are funded via grants, loans, and equity investments. | – | globalinnovation.fund | London, United Kingdom | |
Economic development investments are financed through specialized solutions by Proparco. | 1977 | proparco.fr | Paris, France | |
- | – | digitalventures.orange.com | - | |
- | – | biminvestments.com | - |
Investor details for Afrimarket
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Afrimarket
3 dated milestones of Afrimarket across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Afrimarket is founded.
- Funding First funding round of $3.4M.
- Funding Latest funding round, Series B, of $11.2M.
Competitors of Afrimarket
Afrimarket operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Amazon, Veepee, Groupon, Goop and PriceMinister, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| amazon.com | 1994 | Seattle, United States | $8M | 1,556,000 | Multi-category products are offered through an online marketplace. | |
| veepee.com | 2001 | Saint-denis, France | – | – | Online platform for discounted fashion, home, and beauty flash sales. | |
| groupon.com | 2007 | Chicago, United States | – | 969 | Online marketplace offering deals on multi-category products and services | |
| goop.com | 2008 | New York, United States | $75M | 210 | Multi-category products are retailed online by Goop. | |
| priceminister.com | 2000 | Paris, France | $9.13M | – | Online marketplace for diverse e-commerce products is operated. | |
| brandalley.co.uk | 2005 | London, United Kingdom | – | 138 | Multi-category products are retailed online through flash sales. | |
| bazarchic.com | 2006 | Paris, France | $9.1M | – | Apparel, accessories, and home goods are retailed online across categories. | |
| appchoose.io | 2015 | Saint Ouen, France | – | – | Discounted products are provided via an app to registered members. |
Detailed competitors of Afrimarket
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Afrimarket
The website of Afrimarket (afrimarket.ci) receives about 2.1K visits a month.
- Monthly visits2.1K
▼ 8.1% vs previous month
Websites whose visitors overlap most with Afrimarket. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
leblogcdiscountvoyages.com | leblogcdiscountvoyages.com | 100% | – | #12,013,558 | – |
Similar companies to Afrimarket
10 companies that operate in the same segment as Afrimarket (Marketplaces & General E-Commerce), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Multi-category consumer products are offered via an online marketplace platform. | 2007 | Bengaluru, Karnataka, India | USD 12.12 B | – | – | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 542.17 M | 1,108 | |
Multi-category consumer products are sold via an online marketplace. | 2010 | Seoul, South Korea | USD 3.9 B | USD 34.53 B | 95,000 | |
Multi-category products are sold via an online marketplace platform. | 2012 | Singapore, Singapore | USD 689.63 M | – | – | |
Multi-category products are offered through an online marketplace. | 1994 | Seattle, Washington, United States | USD 8 M | – | – | |
Multi-category second-hand products are offered via online marketplace platform. | 2007 | Moscow, Russia | USD 161 M | – | – | |
Used multi-category products are traded on an online marketplace platform. | 2013 | Minato, Tokyo, Japan | USD 117.3 M | USD 1.41 B | – | |
Multi-category consumer products are sold via an online marketplace platform. | 1999 | Buenos Aires, Argentina | – | USD 28.89 B | 84,210 | |
App-based marketplace and classified platform for multi-category products | 2013 | Barcelona, Catalonia, Spain | USD 370.56 M | – | – | |
Multi-category consumer products are offered via an online marketplace. | 1998 | Moscow, Russia | USD 442.27 M | – | – |
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Frequently Asked Questions about Afrimarket
Afrimarket was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Afrimarket is headquartered in Paris, France.
Afrimarket is a funded company, having raised a total of $14.56M across 2 funding rounds to date. The company's 1st funding round was a Series A of $3.4M, raised on Jan 2015.
Afrimarket was established in 2013 and is headquartered in Paris, France. An online platform is operated to provide diverse products for delivery, primarily targeting users in regions such as Côte dIvoire via its .ci domain. Services are structured to function without the necessity of a bank account, enabling broader accessibility in the e-commerce sector. Operations focus on straightforward product sourcing and logistics for non-banked customers across specified geographies.
Afrimarket's top competitors include Amazon, BrandAlley and Goop.
Afrimarket offers Téléviseur LED, Fer à vapeur, Bouilloire Électrique, and Infinix Hot 6 Pro.
Afrimarket has 4 investors. Key investors include Proparco, Global Innovation Fund, Orange Digital Ventures, and BIM.
Afrimarket operates through Afrimarket.