Eze, a Nigerian wholesale marketplace specializing in new and used electronics, has raised $3.7 million in seed funding. The investment round was led by Right Side Capital Management, with participation from notable angel investors such as C2 Ventures, Boro Capital, and EVPI Investments.
As a business-to-business (B2B) platform, Eze facilitates the wholesale trade of electronic devices, including mobile phones, laptops, and tablets. The marketplace connects a vast network of customers worldwide to over 200,000 assessed SKUs, ready for purchase.
Josh Nzewi, the CEO and co-founder of Eze, expressed enthusiasm for the support from investors, emphasizing the company’s mission to enable unfettered access to consumer electronics globally. Nzewi stated, “Our goal remains to become the go-to destination for B2B buyers and sellers in the electronics industry, especially in emerging markets, and this investment will help us achieve that goal.”
With the newly acquired funds, Eze plans to expand its presence into South America, Europe, and Africa, targeting new markets. Additionally, the company intends to strengthen its technological infrastructure, enhancing the platform’s capabilities and providing increased customer value.