Nigerian-based delivery services company, Errand360, has secured an undisclosed amount of pre-seed funding.
Leveraging the funds raised, Errand360 will acquire infrastructures, expand, and grow its business across the entire African continent.
Adetola Adele, chief executive officer and team lead at Errand360, said the goal of the company is to become the biggest eco-friendly delivery company in Africa, that will provide very affordable delivery services while ensuring the sustainability of a virile and clean environment.
Starting with the use of bicycles, Errand360 plans to introduce other eco-friendly means of delivery for more efficient services.
The company’s mission to establish a sustainable delivery system is being validated by Prof Ndubuisi Ekekwe of Tekedia Capital and Chairman, board of directors, Errand360 Tech Services, who syndicated the whole fund for the company.
Commending Errand360, Prof Ekekwe said: “Errand360 is building one of the most important infrastructures in the last mile logistics categories in Africa in a sustainable way.”
“By using bicycles to deliver goods, I saw a vision structured to protect our environment even when providing critical services in the economy. This is an amazing playbook, run by brilliant young people. And with that, the whole fundraising process happened within two weeks,” he said.
Launched in March 2021, Errand360 technology services is led by Adetola Adele, CEO, David Ayodeji Jaiyeola, CIO, and Kolade Akosile, head of business operations.
Aimed at enabling users to have access to affordable delivery services while promoting a sustainable environment, the delivery hub is tailored to serve users with demand for quick errands and delivery services.
Errand360’s lightweight user-friendly app makes the process seamless with the click of a button. Food deliveries, pharmaceutical products, grocery shopping, domestic errands, among others, are services offered by the company.