Termii, an African communications-as-a-service startup, has secured a $3.65 million investment to support its expansion into Francophone Africa starting with Ivory Coast.
Led by Fintech Collective and Ventures Platform, the round also featured a number of investors including Launch Africa Ventures, Nama Ventures, Aidi Ventures, Ralicap Ventures, Now Venture Partners, Vastly Valuable Ventures, NOA Capital, Assembly Investors, Probability Ventures, Adamantium Fund, MyAsia VC, Uncovered Fund, Afropreneur Angel Group, and angel investors Aubrey Hruby and Eamon Jubbawy.
Founded in 2017 by Emmanuel Gbolade and Tayo Awe, Termii helps African businesses communicate with customers across SMS, email, voice, and instant messaging channels. The startup aims to enhance its suite of solutions, notably through its mobile app solution called “TermiiGo,” which is Africa’s first cross-company mobile virtual solution.
TermiiGo offers features such as direct-to-mobile notifications, rich SMS messaging, time-based OTPs (one-time passwords), and cost-effective local and international calling for enterprise businesses.
Emmanuel Gbolade, co-founder of Termii said: “We are thrilled to have the support of such esteemed investors who share our vision of empowering businesses to easily engage and support their customers anywhere in Africa.”