About OkHi
OkHi is a company based in Nairobi (Kenya) founded in 2014.. OkHi has raised $4.36 million across 6 funding rounds from investors including Visa, Interswitch and Gates Foundation. OkHi offers products and services including OkHi Verification and Integration Service. OkHi operates in a competitive market with competitors including HomeZada, Taz Technologies, HouseAccount, PostTag and HomeBinder, among others.
- Headquarter Nairobi, Kenya
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Sectors
Real Estate & Construction
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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
$4.36 M (USD)
in 6 rounds
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Latest Funding Round
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Investors
Visa
& 10 more
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Employee Count
Employee Count
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Products & Services of OkHi
OkHi offers a comprehensive portfolio of products and services, including OkHi Verification and Integration Service. 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.
AI tool for verifying customer addresses in financial services.
Platform for seamless mobile app address capture and verification.
Funding Insights of OkHi
OkHi has successfully raised a total of $4.36M across 6 strategic funding rounds. 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 6
- Last Round Last Round
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First Round
First Round
(01 Oct 2014)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2024 | Amount | Seed - OkHi | Valuation | Visa |
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| Mar, 2022 | Amount | Seed - OkHi | Valuation | Chapel Hill Denham | |
| Sep, 2020 | Amount | Seed - OkHi | Valuation | Angel Investment Network |
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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 OkHi
OkHi has secured backing from 11 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Visa, Interswitch and Gates Foundation. 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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Garage.com is operated as a platform connecting customers to garage door service providers.
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Founded Year | Domain | Location | |
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Seed-stage tech investments are focused on Europe and the US.
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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 OkHi
| 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 - OkHi
| 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 |
Okhi Comparisons
Competitors of OkHi
OkHi 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 HomeZada, Taz Technologies, HouseAccount, PostTag and HomeBinder, 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 |
Property-related information is managed by homeowners via an online platform.
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| domain | founded_year | HQ Location |
Offers professional services for application development and customization.
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| domain | founded_year | HQ Location |
Home management is enabled via SaaS for homeowners' properties.
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| domain | founded_year | HQ Location |
Web-based address lookup and validation are provided for logistics delivery.
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| domain | founded_year | HQ Location |
Residential home management is enabled via a SaaS platform.
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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 Okhi
Frequently Asked Questions about OkHi
When was OkHi founded?
OkHi was founded in 2014.
Where is OkHi located?
OkHi is headquartered in Nairobi, Kenya.
Is OkHi a funded company?
OkHi is a funded company, having raised a total of $4.36M across 6 funding rounds to date. The company's 1st funding round was a Seed of $1.79M, raised on Oct 01, 2014.
What does OkHi do?
OkHi was founded in 2014 in Nairobi, Kenya, as a provider of address standardization solutions tailored for delivery operations. Physical addresses, consisting of GPS coordinates and gate photos, are generated and shared through a mobile app. These addresses enable deliveries, access to finance, and emergency services. Additional features such as location-based pricing, fraud detection, geo-marketing, and route optimization are incorporated into the platform.
Who are the top competitors of OkHi?
OkHi's top competitors include HomeZada, HouseAccount and NavCode.
What products or services does OkHi offer?
OkHi offers OkHi Verification and Integration Service.
Who are OkHi's investors?
OkHi has 11 investors. Key investors include Visa, Interswitch, Gates Foundation, Angel Investment Network, and Chapel Hill Denham.