About PBP
PBP is a company based in Nairobi (Kenya) founded in 2019 by Hedvig Alexander.. PBP has raised $14.5 million across 5 funding rounds from investors including Flexport, TRANSFORM and Altos Ventures Management. PBP offers products and services including Dropship Platform and Curated Product Catalog. PBP operates in a competitive market with competitors including B2B Growth Pro, Saviour Solutions Limited, Bulk Mall, BUYMOREMALL and Safaripay, among others.
- Headquarter Nairobi, Kenya
- Founders Hedvig Alexander
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Sectors
Retail
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Email
***********
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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
$14.5 M (USD)
in 5 rounds
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Latest Funding Round
$5.6 M (USD), Grant
Mar 13, 2023
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Investors
Flexport
& 8 more
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Employee Count
Employee Count
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Products & Services of PBP
PBP offers a comprehensive portfolio of products and services, including Dropship Platform and Curated Product Catalog. 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.
Enables retailers to import and sell sustainable products without inventory
Provides vetted, responsibly-made items for retail integration
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Funding Insights of PBP
PBP has successfully raised a total of $14.5M across 5 strategic funding rounds. The most recent funding activity was a Grant round of $5.6 million completed in March 2023. 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 5
- Last Round Grant — $5.6M
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First Round
First Round
(01 Mar 2021)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2023 | Amount | Grant - PBP | Valuation |
investors |
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| Mar, 2023 | Amount | Series A - PBP | Valuation | Altos Ventures Management | |
| Nov, 2022 | Amount | Grant - PBP | 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 PBP
PBP has secured backing from 9 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Flexport, TRANSFORM and Altos Ventures Management. 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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Early-stage companies are funded by this venture capital firm.
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Founded Year | Domain | Location | |
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Seed-stage investments are directed toward North American startups.
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Founded Year | Domain | Location | |
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Venture capital firm investing in early-stage companies across fintech, healthcare, and multiple sectors
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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 PBP
| 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 - PBP
| 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 |
Pbp Comparisons
Competitors of PBP
PBP 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 B2B Growth Pro, Saviour Solutions Limited, Bulk Mall, BUYMOREMALL and Safaripay, 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 |
Multi-category products are facilitated through an online B2B marketplace.
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| domain | founded_year | HQ Location |
Serves as an e-distributor offering a wide range of multi-category products.
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| domain | founded_year | HQ Location |
Operates an online B2B shopping store with a wide range of multi-category products.
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| domain | founded_year | HQ Location |
Operates a digital hub for businesses to connect, network, and facilitate deals.
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| domain | founded_year | HQ Location |
E-distributor platform offering multi-category products for enterprises and consumers.
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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 Pbp
Frequently Asked Questions about PBP
When was PBP founded?
PBP was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is PBP located?
PBP is headquartered in Nairobi, Kenya.
Is PBP a funded company?
PBP is a funded company, having raised a total of $14.5M across 5 funding rounds to date. The company's 1st funding round was a Grant of $330K, raised on Mar 01, 2021.
What does PBP do?
PBP was founded in 2019 in Nairobi, Kenya, as an online B2B marketplace. Multi-category products, such as home decor, lighting, mirrors, accessories, apparel, bags, toys, and others, are bought and sold on the platform. Operations focus on connecting suppliers and buyers in the e-commerce sector, with transactions facilitated digitally across various product lines.
Who are the top competitors of PBP?
PBP's top competitors include B2B Growth Pro, Saviour Solutions Limited and Bulk Mall.
What products or services does PBP offer?
PBP offers Dropship Platform and Curated Product Catalog.
Who are PBP's investors?
PBP has 9 investors. Key investors include Flexport, TRANSFORM, Altos Ventures Management, Golden Ventures, and Susa Ventures.
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