Getbamba

Getbamba

An android application allowing micro-merchants across Africa to run their entire business utilizing their phones. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
€12—17m (Dealroom.co estimates May 2022.)
Johannesburg Gauteng (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD2023
Revenues<1m
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DateInvestorsAmountRound
*

$3.2m

Seed
Total Funding€2.9m

Recent News about Getbamba

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Bamba, accessible at getbamba.com, is a startup focused on empowering micro merchants in Africa by providing mobile-first enterprise software. The company is co-founded by Bastian Gotter, who has a decade of experience in founding, investing in, and exiting startups across Africa, and Martin Schramm, who has 15 years of experience in building scalable e-commerce and digital finance products in Europe and Africa.

Bamba operates in the African market, specifically targeting micro merchants—small business owners who often operate with limited resources. The company's software solutions are designed to simplify business operations for these merchants, making it easier for them to manage their businesses efficiently. By focusing on mobile-first technology, Bamba ensures that its tools are accessible to users who primarily rely on smartphones for their business activities.

The business model of Bamba revolves around offering enterprise software as a service (SaaS). This means that micro merchants pay a subscription fee to use Bamba's software, which provides them with various tools to manage their business operations, such as inventory management, sales tracking, and customer relationship management. This subscription-based model ensures a steady stream of revenue for Bamba while providing continuous value to its clients.

Bamba's financial backing comes from high-profile venture capitalists, including 468 Capital, Presight Ventures, and Jigsaw. This funding supports the company's growth and development, allowing it to offer competitive wages and foster a remote work environment. Bamba's culture emphasizes autonomy, responsibility, and creativity, promoting a collaborative atmosphere where talented individuals can thrive.

In summary, Bamba is a startup dedicated to making business operations easier for micro merchants in Africa through mobile-first enterprise software. It operates on a subscription-based model and is backed by prominent venture capitalists.

Keywords: Micro merchants, Africa, Mobile-first, Enterprise software, SaaS, Subscription model, Business management, Venture capital, Remote work, Entrepreneurship.