About Lynk
Lynk is a company based in Nairobi (Kenya) founded in 2015 was acquired by Eden in April 2022.. Lynk operates in a competitive market with competitors including Ziada, Yes Plz, Kazilinks, SixFolks and LetaWera, among others.
- Headquarter Nairobi, Kenya
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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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Funding Insights of Lynk
- Total Funding Total Funding
- Total Rounds 3
- Last Round Last Round
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First Round
First Round
(01 Dec 2015)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2019 | Amount | Seed - Lynk | Valuation | Lateral Frontiers | |
| May, 2017 | Amount | Seed - Lynk | Valuation |
investors |
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| Dec, 2015 | Amount | Grant - Lynk | Valuation |
investors |
| 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 Lynk
Lynk has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Safaricom, Eden and Cornerstone. 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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Venture capital firm focused on early-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 | |
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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 Lynk
| 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 - Lynk
| 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 |
Lynk Comparisons
Competitors of Lynk
Lynk 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 Ziada, Yes Plz, Kazilinks, SixFolks and LetaWera, 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 |
An online marketplace for hiring local service professionals is operated.
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| domain | founded_year | HQ Location |
Coffee brand established in 2016 in Vernon, United States.
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| domain | founded_year | HQ Location |
Delivers an app-based platform for various local services.
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| domain | founded_year | HQ Location |
Functions as an app-based marketplace connecting users to various local services.
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| domain | founded_year | HQ Location |
Provides an online platform for booking multi-category local services.
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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 Lynk
When was Lynk founded?
Lynk was founded in 2015.
Where is Lynk located?
Lynk is headquartered in Nairobi, Kenya.
What does Lynk do?
Lynk was founded in 2015 in Nairobi, Kenya, as an online marketplace in the home services sector. Households are linked with artisans and professionals for tasks such as painting and repairs. Service requests are submitted by users on the platform and forwarded to available providers. Jobs are accepted by interested providers through replies to messages, with operations centered on lynk.co.ke.
Who are Lynk's investors?
Lynk has 5 investors. Key investors include Safaricom, Eden, Cornerstone, Lateral Frontiers, and Novastar Ventures.
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