About Maad
Maad is a company based in Dakar (Senegal) founded in 2019 by Jessica Long. Maad has raised $2.52 million across 3 funding rounds from investors including Proparco, Ventures Platform and Seedstars International Ventures. Maad offers products and services including E-commerce App, Analytics Platform, Management Module, and Digital Wallet.
- Headquarter Dakar, Senegal
- Founders Jessica Long
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Sectors
TechnologyRetail
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$2.52 M (USD)
in 3 rounds
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Latest Funding Round
$2.3 M (USD), Seed
May 13, 2024
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Investors
Proparco
& 7 more
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Employee Count
Not available
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Products & Services of Maad
Maad offers a comprehensive portfolio of products and services, including E-commerce App, Analytics Platform, Management Module, and Digital Wallet.
App for retailers to order FMCG products and receive in 24 hours
Platform for real-time tracking of product sales and performance data
Tool for retailers to manage inventory and operations efficiently
Wallet for electronic payments and funding in retail transactions
People of Maad
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Funding Insights of Maad
Maad has successfully raised a total of $2.52M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $2.3 million completed in May 2024. 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.
Investors in Maad
Maad has secured backing from 8 investors, including venture fund investors. Prominent investors backing the company include Proparco, Ventures Platform and Seedstars International Ventures.
| Investor | Description | Founded Year | Domain | Location |
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Economic development investments are financed through specialized solutions by Proparco.
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Venture capital investments in African companies addressing innovation and infrastructure needs.
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Investments are made in pre-seed and seed stage tech startups.
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Investor details for Maad
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Investments & Acquisitions by Maad
Investment portfolio details for Maad
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Financial Statements - Maad
Detailed financials for Maad
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Maad Comparisons
Peer comparison for Maad
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Competitors of Maad
Detailed competitors of Maad
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Latest news on Maad
Complete news archive for Maad
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Frequently Asked Questions about Maad
Maad was founded in 2019 and raised its 1st funding round 4 years after it was founded.
Maad is headquartered in Dakar, Senegal.
Jessica Long is the current CEO of Maad. They have also founded this company.
Maad is a funded company, having raised a total of $2.52M across 3 funding rounds to date.
Maad was founded in 2019 in Dakar, Senegal, within the software sector focused on field operations. Data collection through customizable forms is supported, alongside route optimization and performance metrics. Geographical analysis and data visualization tools are provided for operational insights. Data verification processes, performance monitoring, and automated reporting are integrated into the platform to streamline field activities.
Maad offers E-commerce App, Analytics Platform, Management Module, and Digital Wallet.
Maad has 8 investors. Key investors include Proparco, Ventures Platform, Seedstars International Ventures, Reflect Ventures, and Oui Capital.