What is Jibu?
Jibu Inc. is a social enterprise dedicated to empowering local entrepreneurs in emerging markets by providing affordable access to drinking water and other essential products through a robust franchising model. Operating across eight countries, Jibu has established over 191 production franchises, successfully distributing 600 million liters of water and creating 14,000 retail points. The company's core mission is to transform local entrepreneurship, thereby improving livelihoods and wellness within communities by equipping local owners with essential resources and support for lasting solutions.
How much funding has Jibu raised?
Jibu has raised a total of $8.1M across 2 funding rounds:
Series A
$1.1M
Series B
$7M
Series A (2015): $1.1M, investors not publicly disclosed
Series B (2017): $7M led by Segal Family Foundation, Conrad N. Hilton Foundation, Maclellan Foundation, NRD Capital, Stone Family Foundation, Danone Communities, and Asia Africa Investment and Consulting
Key Investors in Jibu
Segal Family Foundation
Segal Family Foundation is a philanthropic organization focused on empowering grassroots leaders and shifting power to communities across Sub-Saharan Africa, aiming for equitable and effective development.
Conrad N. Hilton Foundation
The Hilton Foundation works globally to improve the lives of disadvantaged individuals through initiatives addressing homelessness, early childhood development, and refugee support, recognizing impactful humanitarian efforts.
Stone Family Foundation
The Stone Family Foundation accelerates positive change in social issues, with a focus on improving access to water in Africa and Asia, and addressing mental health and youth support in the UK.
What's next for Jibu?
The substantial enterprise-level funding, particularly the recent strategic investment, positions Jibu for significant scaling and expansion. This capital infusion is expected to fuel further development of its franchising network, enhance operational efficiencies, and potentially broaden its product offerings. The company's focus on social impact and sustainable business models suggests a trajectory aimed at deepening its market penetration and increasing its positive influence on community well-being and economic empowerment in emerging economies.
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