About Skygarden
Skygarden is a company based in Nairobi (Kenya) founded in 2015 was acquired by Lipa Later in December 2022. Skygarden has raised $5.3 million across 3 funding rounds from investors including Lipa Later, Katapult and SANAD Fund. Skygarden operates in a competitive market with competitors including Jumia, Digital Comrade, MyHiba, potafriQ and Jamboshop, among others.
- Headquarter Nairobi, Kenya
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Sectors
Retail
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Phone
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Website
Locked
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Social
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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
$5.3 M (USD)
in 3 rounds
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Latest Funding Round
$4 M (USD), Series A
Jun 14, 2021
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Investors
Lipa Later
& 8 more
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Employee Count
Not available
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Acquired by
Lipa Later
(Dec 05, 2022)
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People of Skygarden
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Funding Insights of Skygarden
Skygarden has successfully raised a total of $5.3M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $4 million completed in June 2021. 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 Skygarden
Skygarden has secured backing from 9 investors, including venture fund and angel investors. Prominent investors backing the company include Lipa Later, Katapult and SANAD Fund.
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Funding and advisory services are provided to MENA MSMEs.
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Investor details for Skygarden
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Investments & Acquisitions by Skygarden
Investment portfolio details for Skygarden
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Financial Statements - Skygarden
Detailed financials for Skygarden
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Skygarden Comparisons
Peer comparison for Skygarden
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Competitors of Skygarden
Skygarden 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 Jumia, Digital Comrade, MyHiba, potafriQ and Jamboshop, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Multi-category products are offered through an online marketplace platform.
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Operates an online marketplace for multi-category products.
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Online platform for buying categories like clothing, electronics, and health products.
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Multi-category products are offered via an online marketplace platform.
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Hosts a digital marketplace featuring multi-category products for consumers.
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Detailed competitors of Skygarden
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Latest news on Skygarden
Complete news archive for Skygarden
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Frequently Asked Questions about Skygarden
Skygarden was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Skygarden is headquartered in Nairobi, Kenya.
Skygarden is a funded company, having raised a total of $5.3M across 3 funding rounds to date.
An online marketplace was established in 2015 in Nairobi, Kenya, focusing on e-commerce across various sectors. Products encompassing electronics, fashion, beauty, stationery, home improvement, hardware, baby and kids items, among others, are facilitated through the platform. Operations are supported by a mobile application available on the Android platform, enabling access for users in the region.
Skygarden's top competitors include Jumia, potafriQ and Digital Comrade.
Skygarden has 9 investors. Key investors include Lipa Later, Katapult, SANAD Fund, Aavishkaar Capital, and KSK Angel Fund.