About Moko
Moko is a company based in Nairobi (Kenya) founded in 2017 by Fiorenzo Conte and Eric Kouskalis.. Moko has raised $4.5 million across 3 funding rounds from investors including Victoria Commercial Bank, Novastar Ventures and Talanton. Moko offers products and services including Sofas, Mattresses, Beds, Coffee Tables, and Carpets. Moko operates in a competitive market with competitors including Hardwood Furnitures and Bach Furniture, among others.
- Headquarter Nairobi, Kenya
- Founders Fiorenzo Conte, Eric Kouskalis
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Sectors
Consumer
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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
$4.5 M (USD)
in 3 rounds
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Latest Funding Round
$2 M (USD), Debt – Conventional
Oct 13, 2022
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Investors
Victoria Commercial Bank
& 4 more
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Employee Count
Employee Count
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Products & Services of Moko
Moko offers a comprehensive portfolio of products and services, including Sofas, Mattresses, Beds, Coffee Tables, and Carpets. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Comfortable seating options for modern home setups
Quality sleep solutions for everyday use
Sturdy frames designed for home comfort
Functional tables for living spaces
Decorative and durable floor coverings
Storage units for entertainment setups
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Funding Insights of Moko
Moko has successfully raised a total of $4.5M across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $2 million completed in October 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 Debt – Conventional — $2.0M
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2022 | Amount | Series B - Moko | Valuation | Talanton , AlphaMundi | |
| Oct, 2022 | Amount | Debt – Conventional - Moko | Valuation |
investors |
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| Sep, 2018 | Amount | Series A - Moko | Valuation | Novastar Ventures |
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| 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 Moko
Moko has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Victoria Commercial Bank, Novastar Ventures and Talanton. 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 investing in multiple sectors
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Founded Year | Domain | Location | |
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Talanton is engaged in faith-driven impact investing in East Africa.
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Founded Year | Domain | Location | |
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Blink is operated as an international single-family office.
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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 Moko
| 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 - Moko
| 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 |
Moko Comparisons
Competitors of Moko
Moko 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 Hardwood Furnitures and Bach Furniture, 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 |
Sells wooden furniture for living rooms, dining rooms, offices online.
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| domain | founded_year | HQ Location |
Manages an e-commerce store offering multi-category consumer products.
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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 Moko
Frequently Asked Questions about Moko
When was Moko founded?
Moko was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Moko located?
Moko is headquartered in Nairobi, Kenya.
Is Moko a funded company?
Moko is a funded company, having raised a total of $4.5M across 3 funding rounds to date.
What does Moko do?
Moko was established in 2017 in Nairobi, Kenya, as an internet-first platform focused on furniture retail. Various items such as sofas, mattresses, beds, tables, TV stands, and carpets are offered through the online domain moko.co.ke. Operations center on e-commerce delivery within the Kenyan market, with co-founders Fiorenzo Conte and Eric Kouskalis leading the venture in the home furnishings sector.
Who are the top competitors of Moko?
Moko's top competitors include Hardwood Furnitures and Bach Furniture.
What products or services does Moko offer?
Moko offers Sofas, Mattresses, Beds, Coffee Tables, and 2 more products and services.
Who are Moko's investors?
Moko has 5 investors. Key investors include Victoria Commercial Bank, Novastar Ventures, Talanton, AlphaMundi, and Blink.