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Nigeria home services Eden Life secures US$1.4M funding

Fueled by the seed funding, the platform applies a vertical integration strategy to ensure it owns and manages the entire supply chain while delivering service without the need for third-party services

Eden Life
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Eden Life has secured a $1.4 million new capital investment to go into building in-house technology, develop kitchens, operational hubs, and part of the construction of new tech-based platforms in a fresh effort to boost Africa’s services industry – in what is Nigeria’s first home concierge services for professionals.

This funding round was led by LocalGlobe, a UK-based venture capital firm focussed on seed and impact investments, alongside participation from Samurai Incubate, Village Global, Future Africa, Enza Capital, and Rising Tide Africa.

Users can rely on Eden Life to schedule food, laundry, and cleaning services. Total funding to date totals at $2 million following a pre-seed backing from the original founder of Andela. Fueled by the seed funding, the platform applies a vertical integration strategy to ensure it owns and manages the entire supply chain while delivering service without the need for third-party services. Since its launch, the app has achieved 60,000 service claims.

LocalGlobe General Partner Remus Brett pointed out the customer obsession with “the future of home services in Africa.” Nadayar Enegesi who is the co-founder of Eden Life and Andela described the app as tailored for professionals who do not want work distractions but want to scale Eden with other professionals from all walks of life. LocalGlobe has previously invested in top companies such as Zoopla, Transferwise, Moo, and others.

Source: ITWeb

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