Kenyan-based construction technology startup, Jumba, has secured $1 million in a new funding round led by Enza Capital with participation from Seedstars International Ventures, Chandaria Capital, Future Africa, Logos Ventures, First Check Africa and a number of other angel investors.

Jumba is a B2B construction technology platform that was established only two months ago - in April 2022. The startup bridges the gap between construction service providers by providing an online platform that allows B2B operators of hardware stores (construction materials retailers), to seamlessly interact and do business.

Jumba is undoubtedly on a pedestal for great growth having secured this pre-seed funding barely two months after launching. According to the founders, the funds will be used to modify its technology offerings as well as expand its reach to capture markets in major cities across Kenya.

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Speaking about this round, Jumba CEO, Kagure Wamunyu disclosed: “We have started to expand our products according to regional demands and the needs of hardware stores. The idea is to make Jumba the source of all construction materials in Kenya and, when we eventually grow, beyond its borders.”

Managing partner at Enza Capital, Mike Mompi also disclosed: “Africa’s populations are rapidly growing and increasingly urbanizing, and the construction industry is a core economic engine supporting sustainable growth Across Africa. In a $10 trillion industry yet to be reshaped by technology, we are thrilled to be backing Kagure and the exceptional team-building Jumba.”