FundedIQ
Financial Services

Thumeza

We’ve been active in the logistics industry for the past 4 years, having started out as a last mile service provider. We transitioned to a freight centric platform connecting small scale transporters to large enterprises with goods to be moved. We’ve experienced the joys of landing a large client and the lows of realizing we can’t afford to service their load. This realization is what led to our eventual transition to providing working capital financing to the logistics industry. Lack of access to credit adversely affects hundreds of thousands of transporters, large and small enterprises who depend on them across the continent. This means that as a small scale transporter, options for quick access to assistance are extremely limited should a transporter get a post-paid trip, have a breakdown in transit, need to pay for insurance or simply need to service their vehicle and meet other day to day operational needs. Throughout these transitions one thing has remained the same - our dedication towards working with small scale transporters. This hands on experience has lead our drive to provide empathetic alternative financing solutions powered by data, generated by transporters day-to-day operations, for transporters businesses to grow.

www.thumeza.io Johannesburg, South Africa 1-10 employees
Total raised
$10k
Rounds
1
Latest
Series Unknown
Jul 2023

We’ve been active in the logistics industry for the past 4 years, having started out as a last mile service provider. We transitioned to a freight centric platform connecting small scale transporters to large enterprises with goods to be moved. We’ve experienced the joys of landing a large client and the lows of realizing we can’t afford to service their load. This realization is what led to our eventual transition to providing working capital financing to the logistics industry. Lack of access to credit adversely affects hundreds of thousands of transporters, large and small enterprises who depend on them across the continent. This means that as a small scale transporter, options for quick access to assistance are extremely limited should a transporter get a post-paid trip, have a breakdown in transit, need to pay for insurance or simply need to service their vehicle and meet other day to day operational needs. Throughout these transitions one thing has remained the same - our dedication towards working with small scale transporters. This hands on experience has lead our drive to provide empathetic alternative financing solutions powered by data, generated by transporters day-to-day operations, for transporters businesses to grow.

Thumeza has raised $10k across 1 round. Its most recent round was a Series Unknown of $10k in Jul 2023. Full funding history, investors, and team are detailed below.

Funding history

1 round · 1 visible Unlock with plan

1 round on record.

Date
Round
Amount
Lead investor
Jul 10, 2023
Series Unknown
$10k

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