Funding Details
- Awarder
- WeFunder
- Date Award
- June 13, 2024
- Vertical
- Mobile Advertising
- Funding URL
- View Funding Page
- Premoney Valuation
-
$9,000,000,000,000
- Valuation
-
$9,000,000,000,000
Company Info
- Traction
- KEIPhone has over 400,000 users and generates over $10k MRR. They have partnerships with major brands in the market and have launched a beta version of their marketplace.
- Organizations Involved
- Techstars, Goodwater Capital, Conscious Venture Fund
- Founders
- Lauren Hendricks, Joseph Capito
- Company Description
- KEIPhone is changing the way Africa pays for devices and data by providing advertisers with access to consumers at their moment of first digital engagement. They target the 70% of the population in Africa that is unconnected and generate revenue through lockscreen advertisements. Users earn points when viewing content that they can use to purchase data or premium content. With over 400,000 users in less than 1 year and generating over $10k MRR, KEIPhone has raised over $900K from investors including Techstars, Goodwater Capital, and Conscious Venture Fund.
- Market
- Africa
- Location
-
Silver Spring,
MD,
US
- Coinvestors
- Techstars, Goodwater Capital, Conscious Venture Fund
Links