Loystar

Lagos, Nigeria Founded: 2015 • Age: 11 yrs
Platform offering suite software for retail businesses
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About Loystar

Loystar is a company based in Lagos (Nigeria) founded in 2015.. Loystar operates in a competitive market with competitors including CallidusCloud, RELEX, Wasoko, Bizom and FiveStars, among others.

  • Headquarter Lagos, Nigeria
  • Sectors
    Retail
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Retail → Retail Technology & Automation
Technology → Enterprise Software & Productivity Solutions
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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Funding Insights of Loystar

  • Total Funding
  • Total Rounds 3
  • Last Round
  • First Round
  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2019 Amount Seed - Loystar Valuation NESG
Oct, 2016 Amount Seed - Loystar Valuation Arise
Aug, 2016 Amount Seed - Loystar Valuation African Startup Institute
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Loystar

Loystar has secured backing from 4 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Nigerian Economic Summit Group, Arise Invest and African Startup Institute. 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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Private equity and debt investments are managed across Africa.
Founded Year Domain Location
A think tank focused on Nigerian economic reform advocacy.
Founded Year Domain Location
Provides comprehensive educational support services for institutions and startups.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Loystar

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Loystar

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Loystar Comparisons

Employees
+
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Competitors of Loystar

Loystar 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 CallidusCloud, RELEX, Wasoko, Bizom and FiveStars, 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
Cloud-based solutions for sales, marketing, and pipeline management are provided.
domain founded_year HQ Location
Unified platform for retail and supply chain planning is offered.
domain founded_year HQ Location
Online B2B marketplace offering groceries for enterprises
domain founded_year HQ Location
Retail intelligence platform is developed for brands and B2B retailers.
domain founded_year HQ Location
Provider of customer loyalty program which integrates with merchant POS systems
domain founded_year HQ Location
Cloud-based retail POS solutions
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Loystar

Frequently Asked Questions about Loystar

When was Loystar founded?

Loystar was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Where is Loystar located?

Loystar is headquartered in Lagos, Nigeria. It is registered at Lagos, Lagos State, Nigeria.

What does Loystar do?

Loystar was founded in 2015 in Lagos, Nigeria, within the retail software sector. A platform is provided that enables the design of customer loyalty programs based on budgets and criteria, along with customer engagement and point-based rewards. Additional services include inventory management, invoice and receipt handling, barcode tracking, reporting, and accounting features. Solutions are delivered through a subscription model.

Who are the top competitors of Loystar?

Loystar's top competitors include Bizom, RELEX and Wasoko.

Who are Loystar's investors?

Loystar has 4 investors. Key investors include Nigerian Economic Summit Group, Arise Invest, African Startup Institute, and Tim Draper.

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