About Cassava
Cassava is a company based in Abuja (Nigeria) founded in 2021.. Cassava operates in a competitive market with competitors including IndiGG, XPLA, GARI, xPortal and Pop Social, among others.
- Headquarter Abuja, Nigeria
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Sectors
TechnologyMedia & Entertainment Financial Services
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Email
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Yield Guild
& 4 more
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Employee Count
Employee Count
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Funding Insights of Cassava
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2022 | Amount | Seed - Cassava | Valuation | CMT Digital , Yield Guild |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Cassava
Cassava has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Yield Guild, DRAGONFLY and Adaverse. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage blockchain technology companies are invested in by the firm.
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Founded Year | Domain | Location | |
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Mirana Ventures is focused on blockchain and Web3 investments.
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Founded Year | Domain | Location | |
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Venture capital and equity principal services are provided by Dragonfly.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Cassava
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Cassava
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cassava Comparisons
Competitors of Cassava
Cassava 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 IndiGG, XPLA, GARI, xPortal and Pop Social, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online community-based gaming platform
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| domain | founded_year | HQ Location |
Provider of technical support services gaming sectors
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| domain | founded_year | HQ Location |
Crypto-based social media platform
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| domain | founded_year | HQ Location |
Intelligent wallet for crypto management, trading, and earning yields securely.
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| domain | founded_year | HQ Location |
Web3 users are connected through a social networking platform.
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| domain | founded_year | HQ Location |
Web3 platform for t brands, celebrities & artists the ability to enhance, promote, license, and sell their work
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Cassava
When was Cassava founded?
Cassava was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is Cassava located?
Cassava is headquartered in Abuja, Nigeria. It is registered at Abuja, Federal Capital Territory, Nigeria.
What does Cassava do?
Cassava was founded in 2021 in Abuja, Nigeria, as a blockchain-based platform in the digital content sector. Content creation is facilitated, with NFTs or social tokens issued in exchange for user consumption. CSV tokens are earned by participants through activities such as engaging, playing, creating, watching, and listening. Operations focus on decentralized rewards within the creator economy, accessible via the domain cassava.network.
Who are the top competitors of Cassava?
Cassava's top competitors include IndiGG, Roll and Cosmic Wire.
Who are Cassava's investors?
Cassava has 5 investors. Key investors include Yield Guild, DRAGONFLY, Adaverse, CMT Digital, and Mirana Ventures.