Headquartered in Nairobi, Kenya, Jumba is a construction technology company that is simplifying construction in Africa. Through its B2B marketplace, Jumba connects hardware stores and construction sites to manufacturers of construction materials.
Launched in April 2022, Jumba serves customers in 60% of Kenya’s regions. The company is layering financial services through its bank partners to provide buy now pay later options for its customers.
$ 10 million annualized GMV achieved in the first seven months
Chandaria Capital is a valuable investor that has proven to be insightful in its understanding of business operations in the continent. I am excited to work with an investor who believes in and understands the opportunity in Africa’s construction sector.
Founders: Kagure Wamunyu
Year Founded: 2022