Rise.ng Secures $150,000 Pre-seed Funding


Nigerian startup Rise.ng has raised $150,000 in seed funding as it prepares to launch its business operations in the country.

Olawunmi Oyedeji founded the company in 2019 after watching a reality TV show in which influencers swapped jobs with their fans for a day. 

Small- and medium-sized enterprises (SMEs) are given an opportunity to showcase their products and services on the platform.

The company takes advantage of this to provide the best selection of artisans and vendors for anyone’s day-to-day needs.

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Essentiallyrise.ng provides artisans/vendors who use its platform with access to a dashboard.

This dashboard allows the customer to promote their services or products with a safe finance setup.

Consequently, this setup makes their payment seamless and secure without much difficulty.

In turn, the customer benefits from working with a vendor/artisan who has been verified and has insurance cover in case of an unforeseen event.

READ: Robotics Company Syrius Secures $7M in Funding

According to Rise.ng it plans to revolutionize service delivery focusing on low-income earners.

This is specifically for artisans and vendors who lack access to digital/online visibility.

Additionally, the company will grow its customer base as it claims to be the starting search point for such services in Nigeria.

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