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Vendease
Vendease

Vendease

Vendease: Africa's online marketplace for direct food supply to restaurants.

Operating headquarters
Lagos, NG🇳🇬
Founded
2019
Accelerator
Y Combinator logoY CombinatorW21
Overview
Compare
Fundraising
Employees
Library

Vendease, founded with a mission to streamline food procurement for restaurants in Africa, offers a digital marketplace that connects eateries directly with farms and food manufacturers. By eliminating middlemen, Vendease enables restaurants to order supplies efficiently and affordably, ensuring delivery within 24 hours. Their platform also includes tools for e-procurement, point of sales, cost management, and inventory tracking, aiming to enhance operational efficiency and profitability for their clients.

Notable figures associated with Vendease include its founders and key investors who have supported its growth in the food tech industry. The company has achieved significant milestones, such as reducing supply chain inefficiencies and lowering costs for numerous restaurants across Africa. Vendease's impact is evident in its contribution to the modernization of food procurement processes, fostering a more sustainable and economically viable restaurant industry in the region.

Vendease - Similar Companies

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Vendease - Quick Facts

Who are Vendease's competitors?

Companies similar to Vendease include FoodCourt, Heyfood, ToMarket and DepoDone.

When was Vendease founded?

Vendease was founded in 2019.

Where is Vendease's headquarters located?

Vendease's headquarters is located in Lagos, NG.

When was Vendease's last funding round?

Vendease's most recent funding round was for $10M (USD) in September 2022.

How much has Vendease raised to-date?

As of Sep 26, 2022, Vendease has raised a total of $33.3M (USD).

How many employees does Vendease have?

Vendease has 234 employees as of Feb 24, 2024.

Vendease - Classification

Ownership
  • Venture Capital
Technology
  • Analytics
Geographic Exposure
  • Africa
Model
  • Platform
Revenue
  • Recurring
  • Transactional
Customer
  • Small Business
Main Product
  • Food Supply
  • Software
Tags
  • Marketplace
  • SaaS
NAICS
  • 490000Transportation and Warehousing
  • 492000Couriers and Messengers
  • 492100Couriers and Express Delivery Services
SIC
  • 7300Business Services
  • 7380Miscellaneous Business Services
  • 7389Business Services, Not Elsewhere Classified
Show 5 more industry codes
NAICS
  • 310000Manufacturing
  • 311000Food Manufacturing
  • 560000Administrative and Support and Waste Management and Remediation Services
  • 561000Administrative and Support Services
SIC
  • 2000Food And Kindred Products