What is Alerzo?
Alerzo operates a full-stack, tech-driven supply chain and logistics platform headquartered in Ibadan, Nigeria. The company specializes in processing orders and providing essential warehousing and fulfillment solutions for suppliers. Furthermore, Alerzo extends its services to offer storefront delivery directly to informal retailers, thereby streamlining operations within the local retail ecosystem. This integrated approach aims to enhance efficiency and accessibility in the Nigerian market.
How much funding has Alerzo raised?
Alerzo has raised a total of $16M across 2 funding rounds:
Angel/Seed
$5.5M
Series A
$10.5M
Angel/Seed (2020): $5.5M with participation from Signal Hill and The Baobab Network
Series A (2021): $10.5M led by FJ Labs and Nosara Capital
Key Investors in Alerzo
FJ Labs
FJ Labs is a venture capital firm with a strong focus on marketplace businesses, known for its extensive portfolio and support for visionary founders aiming for significant market transformation.
Nosara Capital
Nosara Capital is a venture capital firm that specializes in investing in online marketplaces globally, aiming to support innovative businesses and entrepreneurs in scaling their ventures.
Signal Hill
Signal Hill Capital Group is an independent advisory boutique focused on M&A and private capital raising for growth companies, particularly within the technology, media, and telecommunications sectors.
What's next for Alerzo?
The recent major enterprise-level funding positions Alerzo for significant scaling and operational expansion. With a focus on strengthening its supply chain and logistics capabilities, the company is poised to deepen its market penetration among informal retailers. This strategic investment will likely fuel further technological development and geographic reach, solidifying Alerzo's role as a key player in digitizing retail operations in Nigeria and potentially across Africa.
See full Alerzo company page
