Africa: Nigerian Startup, Jise food delivery app, raises $100,000 Angel funding, starts operations in Lagos


Nigerian startup firm, Jise, a food-only delivery platform, has announced that its food service app has raised $100,000 angel funding from investors in Nigeria and Europe.

The firm in a statement said it has also started operations in Lagos.

According to Nairametric, the startup is led by 4 co-founders and they are, Marvelous Gbenro as CEO, Tokurah Majid as VP Growth & Operations, Ibukun Olasupo as VP Customer Engagement and Jeremy Osazuwa Agbonze VP Technology.

READ: Tourism: Nigerian Startup Firm,Vendease gets $3.2M to help hotels and restaurants buy food supplies in Africa

What Jise is saying about the funding
In a statement released by the startup, it said, “Following the Covid-19 outbreak in 2020, the demand for food and groceries delivery services has increased around the world. This new normal has had consumers demanding a better food delivery service in Nigeria, Jise has seized this opportunity to provide a food delivery platform focusing on providing fast and affordable delivery services starting with Lagos.

“Jise is similar to Doordash in the US or Deliveroo in Europe with its sole focus on delivering meals within 25 minutes. Jise was birthed due to the inadequacies and the problems caused by delivery partners who are multi-category focused that results in unfulfilled or late food deliveries, which then leads to disappointment that invariably threatens brand integrity of most of our local restaurants.

A solution was therefore created by building a shared logistics platform that enables restaurants to effectively deliver their meals in the fastest possible time leveraging clusters of independent delivery personnel, while simultaneously enabling growth for restaurants via a connected marketplace (integrated solution) – JISE.

READ: Tourism: Spanish Food delivery Firm, Glovo to invest 3.5 million euros in Ghana, to expand operations in West Africa

“The company seeks to be the game-changer (The DoorDash for Nigeria) in the food delivery sector by providing an effective food ordering and food delivery platform that handles delivery & takeout from the best local restaurants at very affordable costs to its consumers.

“In the wake of starting its operation officially today, Jise has raised $100,000 angel investment from notable investors including Backroom Capital (Nigeria), Winston Capital (Ireland) and also a few angel investors including Jonny Enagwolor, Co-Founder.”

What experts are saying about the new investment
Leonard Lynch investor at Winston Capital said, “At Winston Capital, we are always looking for the best teams to invest in and at Jise, we see it as a great opportunity to invest in a great team. We are delighted to continue to support the start-up ecosystem in Nigeria with our second investment on the continent. The Jise team led by Marvelous is building the Just Eat or Doordash of Nigeria and we are excited to be part of their journey.”

What you should know about Jise
Jise has gone live by signing up more than 40 restaurant menus on their platform, first within the Lekki Phase 1 axis of Lagos.
It hopes to provide meals within 25 minutes to customers in this axis then gradually expand their community-based model starting with bicycle runners across Lagos in preparation for the holiday season.



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