FundedIQ
Information Technology

MarketForce: Funding, Investors & Team (Oct 2026)

MarketForce connects Africa’s informal retail outlets and consumers directly to suppliers of consumer goods and financial services by digitizing orders, delivery, and payments with the aim of solving the last mile distribution challenge.

marketforce360.com LinkedIn Nairobi, Kenya 51-100 employees
Total raised
$2.2M
Rounds
3
Latest
Seed
Nov 2021

MarketForce has raised $2.2M across 3 funding rounds on record, the most recent a Seed announced in Nov 2021.

MarketForce Company Profile and Key Stats

Total funding raised
$2.2M
across 3 rounds on record
Funding rounds on record
3
1 with no disclosed amount
Latest funding round
Seed
Nov 2021
Employees
51-100
reported band
Headquarters
Nairobi, Kenya

Latest funding round on record: Nov 2021.

MarketForce Funding Rounds

Date
Round
Amount
Seed
Undisclosed
Seed
$2.0M
Undisclosed round
$200k

1 of 3 rounds was announced without a disclosed amount and is excluded from the total.

MarketForce raised $200k in an undisclosed round announced in Aug 2020.

11 months later, a Seed of $2.0M was announced in Jul 2021.

4 months later, a Seed was announced in Nov 2021 with no disclosed amount.

MarketForce Founders and Leadership Team

Name
Role
Contact
Frank Van Bree
CEO
—
Tesh Mbaabu
CEO
—

No contact details are on record for this team yet.

MarketForce Funding Compared to Other Information Technology Startups

Segment
Companies
Median round
96
$4.7M
17,153
$3.1M

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MarketForce Funding FAQs

What does MarketForce do?

MarketForce connects Africa’s informal retail outlets and consumers directly to suppliers of consumer goods and financial services by digitizing orders, delivery, and payments with the aim of solving the last mile distribution challenge.

How much funding has MarketForce raised?

MarketForce has raised $2.2M across 3 rounds on record.

When did MarketForce last raise funding?

MarketForce's most recent funding round on record was announced in Nov 2021. The amount was not disclosed.

Who is the CEO of MarketForce?

Frank Van Bree is listed as CEO at MarketForce.

Where is MarketForce headquartered?

MarketForce is based in Nairobi, Nairobi Area, Kenya.

How many employees does MarketForce have?

MarketForce is in the 51-100 employee band.

About FundedIQ's MarketForce Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for MarketForce is left off this page rather than filled in.

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