KEMMCOM Media and Communications

Nigerian CaaS Startup, Termii raises $3.65M to drive expansion in Africa

By: Inimfon Asifa

Nigerian communications-as-a-service startup, Termii, has secured $3.65 million in new financing, bringing its total funding to date to slightly over $5 million. The latest funding round, as announced by CEO, Gbolade Emmanuel, will primarily fuel the company’s expansion initiatives and the development and promotion of both existing and new products in new markets.

The start-up’s primary focus for expansion lies in Francophone African countries, with the Ivory Coast being the initial target, as opposed to the previously planned North African expansion. Termii was founded by Gbolade Emmanuel and Ayomide Awe in 2019, aiming to address the growing need for exceptional communication channels among African businesses.