Chowdeck secures $2.5 million seed funding
- Chowdeck has secured $2.5 million in seed funding from investors including YCombinator, Goodwater Capital, and FounderX Ventures.
- The company has acquired over 500,000 users and more than 3,000 riders since its launch in October 2021.
- Chowdeck aims to double down on its market leadership in 8 Nigerian cities and expand into other cities with the new funding.
Chowdeck's success in securing seed funding and acquiring a large user base demonstrates the growing demand for on-demand delivery services in Nigeria. With its efficient logistics operation and partnerships with popular restaurants, the company is well-positioned to capitalize on this trend. The commitment to excellent customer experiences and expansion plans indicate a positive outlook for Chowdeck's future growth.
