About Eden
Eden is a company based in Lagos (Nigeria) founded in 2019 by Prosper Otemuyiwa.. Eden has raised $1.4 million across 3 funding rounds from investors including Samurai Incubate, Black Founders Fund and LocalGlobe. Eden has completed 2 acquisitions, including Lynk and Lynk. Eden operates in a competitive market with competitors including Bookings Africa, AnyworkX, Get It Done Now, Our Haven and Findworka, among others.
- Headquarter Lagos, Nigeria
- Founders Prosper Otemuyiwa
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Sectors
Business 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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Total Equity Funding
$1.4 M (USD)
in 3 rounds
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Latest Funding Round
$100 K (USD), Grant
Sep 06, 2022
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Investors
Samurai Incubate
& 6 more
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Employee Count
Employee Count
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Investments & Acquisitions
Lynk
& 1 more
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Funding Insights of Eden
Eden has successfully raised a total of $1.4M across 3 strategic funding rounds. The most recent funding activity was a Grant round of $100 thousand completed in September 2022. 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 Total Funding
- Total Rounds 3
- Last Round Grant — $100,000
- First Round First Round
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2022 | Amount | Grant - Eden | Valuation |
investors |
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| Oct, 2021 | Amount | Seed - Eden | Valuation | LocalGlobe | |
| Jul, 2020 | Amount | Seed - Eden | Valuation | Village Global |
| 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 Eden
Eden has secured backing from 7 investors, including venture fund investors. Prominent investors backing the company include Samurai Incubate, Black Founders Fund and LocalGlobe. 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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Founded Year | Domain | Location | |
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Venture capital firm focused on seed-stage investments
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Founded Year | Domain | Location | |
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Venture capital firm investing in multiple sectors
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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 Eden
Eden has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Lynk and Lynk. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Online marketplace for multiple home maintenance & repairing services
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2015 | ||||
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Enterprise knowledge management is facilitated by a cloud-based collaboration platform.
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Eden
| 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 |
Eden Comparisons
Competitors of Eden
Eden 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 Bookings Africa, AnyworkX, Get It Done Now, Our Haven and Findworka, 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 |
Local services are booked through an online multi-local marketplace.
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| domain | founded_year | HQ Location |
Operates an app-based marketplace for multi-local services.
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| domain | founded_year | HQ Location |
Hosts a digital marketplace for various multi-local services.
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| domain | founded_year | HQ Location |
Offers mobile and SaaS-based solutions for domestic services.
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| domain | founded_year | HQ Location |
Online marketplace for local service professionals
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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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Latest news on Eden
Frequently Asked Questions about Eden
When was Eden founded?
Eden was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Eden located?
Eden is headquartered in Lagos, Nigeria. It is registered at Lagos, Lagos State, Nigeria.
Is Eden a funded company?
Eden is a funded company, having raised a total of $1.4M across 3 funding rounds to date.
What does Eden do?
Eden is dedicated to helping individuals live their best lives with ease. The company aims to provide solutions or services that simplify daily challenges, though specific sectors or offerings are not detailed. Their approach is centered on improving user experience through undisclosed products or platforms.
Who are the top competitors of Eden?
Eden's top competitors include Bookings Africa, Findworka and AnyworkX.
Who are Eden's investors?
Eden has 7 investors. Key investors include Samurai Incubate, Black Founders Fund, LocalGlobe, Future Africa, and Village Global.
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