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We set out in September of 2019 with an ambitious goal of disrupting the distribution of staple foods to consumers in Nigeria, hence making them more affordable. Especially so for the millions of low-income and vulnerable families in urban areas, but at the same time, we wanted to build an extremely profitable enterprise.

Our plan was to develop, deploy and optimize innovative technology and processes, while having the goal to scale to hundreds of thousands (potentially millions) of recurring customers, monthly. The end goal is to onboard millions of unbanked and underbanked users unto the platform, analyse their payment habits and other alternative data, then offer them tailored micro financial services. Grocedy was thus born.

Two years later and we are executing our plans to the point where we cannot satisfy the current demand for our offering. Our achievements didn't go unnoticed as we were selected by the prestigious, world-renowned, StartupBootCamp to participate in an intensive, 3 month accelerator program as one of the top ten tech startups in Africa. (https://disrupt-africa.com/2021/06/24/10-startups-picked-for-startupbootcamp-afritech-telecel-accelerator-programme/).

To further our growth, as well as cater to our current (over 10,500) customers, we are raising a $1,500,000 round using the Simple Agreement for Future Equity with a Post Money Valuation Cap of $12,500,000. 

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