About Taeillo
Taeillo is a company based in Lagos (Nigeria) founded in 2015 by Jumoke Dada.. Taeillo has raised $2.65 million across 2 funding rounds from investors including CcHub and Aruwa Capital Management. Taeillo offers products and services including Sofas, Tables, Chairs, Beds, and Consoles. Taeillo operates in a competitive market with competitors including Majeurs Chesterfield, Maksaro, Timber Treat and Nolimit, among others.
- Headquarter Lagos, Nigeria
- Founders Jumoke Dada
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Taeillo Nigeria
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.65 M (USD)
in 2 rounds
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Latest Funding Round
$2.5 M (USD), Series A
Dec 12, 2022
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Investors
CcHub
& 1 more
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Employee Count
Employee Count
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Products & Services of Taeillo
Taeillo offers a comprehensive portfolio of products and services, including Sofas, Tables, Chairs, Beds, and Consoles. 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 home use with various designs
Functional tables for living spaces with durable materials
Stylish chairs designed for comfort and everyday use
Supportive beds with modern frames for bedrooms
Decorative consoles for storage and display purposes
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Human Resources and Administration
2 people
Leadership Team
1 people
Finance and Accounting
1 people
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Funding Insights of Taeillo
Taeillo has successfully raised a total of $2.65M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $2.5 million completed in December 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 2
- Last Round Series A — $2.5M
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First Round
First Round
(19 Feb 2021)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2022 | Amount | Series A - Taeillo | Valuation | Aruwa Capital Management |
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| Feb, 2021 | Amount | Seed - Taeillo | Valuation | CcHub |
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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 Taeillo
Taeillo has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include CcHub and Aruwa Capital 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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Aruwa Capital Management is engaged in investment management services.
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Founded Year | Domain | Location | |
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Multiple sectors are accelerated and incubated by CcHub in Africa.
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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 Taeillo
| 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 - Taeillo
| 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 |
Taeillo Comparisons
Competitors of Taeillo
Taeillo 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 Majeurs Chesterfield, Maksaro, Timber Treat and Nolimit, 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 |
Furniture including beds, sofas, and tables is offered online.
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| domain | founded_year | HQ Location |
Online retailer offering modern furniture and home decor with secure payments.
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| domain | founded_year | HQ Location |
Sells high-quality wooden doors, furniture, and interior items for homes and offices.
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| domain | founded_year | HQ Location |
Designs, manufactures, and sells durable furniture using premium materials in Nigeria.
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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 Taeillo
Frequently Asked Questions about Taeillo
When was Taeillo founded?
Taeillo was founded in 2015 and raised its 1st funding round 6 years after it was founded.
Where is Taeillo located?
Taeillo is headquartered in Lagos, Nigeria. It is registered at Lagos, Lagos State, Nigeria.
Is Taeillo a funded company?
Taeillo is a funded company, having raised a total of $2.65M across 2 funding rounds to date. The company's 1st funding round was a Seed of $150K, raised on Feb 19, 2021.
What does Taeillo do?
Taeillo was founded in 2015 in Lagos, Nigeria, as an internet-first brand in the home furniture sector. A range of products, including barstools, kitchen furniture, benches, coffee tables, consoles, chairs, ottomans, and sofas, is offered through its online platform. Customization services are provided based on user preferences, supporting operations focused on direct-to-consumer sales in the region.
Who are the top competitors of Taeillo?
Taeillo's top competitors include Majeurs Chesterfield, Maksaro and Timber Treat.
What products or services does Taeillo offer?
Taeillo offers Sofas, Tables, Chairs, Beds, and Consoles.
Who are Taeillo's investors?
Taeillo has 2 investors. Key investors include CcHub, and Aruwa Capital Management.