Kenya: Supply chain platform Sote raises $3m seed round

Supply-chain-focused company Sote has raised a $3 million seed round largely led by MaC Venture Capital, with participation from other investors that include Acceleprise, Backstage Capital, Future Africa, and Rob Solomon – chairman at GoFundMe.

The company – co-founded by Felix Orwa and Meka Este-McDonald – has launched Africa’s first licensed tech-enabled customs clearing and forwarding service.

As a tech-based company that provides solutions to its customers, industrial importers and exporters, Sote aims to be a transparent resource for all parties involved in clearing and forwarding.

“We are positioning ourselves as a technology company that happens to provide supply chain services,” said Sote co-founder/CEO, Felix Orwa. “By providing tech-enabled supply chain services, we introduce meaningful visibility and transparency to industrial importers and exporters such as manufacturers and retailers in a space that traditionally runs on calls, text, emails and paper.”

“Sote’s central position in Africa’s supply chain is an opportunity to unify all the supply chain players in a single platform and provide ERP solutions to their customers and supply chain partners,” said MaC VC founding partner and Sote board member Marlon Nichols.

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