Retailloop Technologies

Retailoop is an AI Enterprise Commerce Platform for emerging markets that helps large retailers , chain stores and developers build scalable commerce solutions with amazing tools.

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One Liner

One Liner
Retailoop is an AI Enterprise Commerce Platform for emerging markets that helps large retailers , chain stores and developers build scalable commerce solutions with amazing tools.

What Problem We are Solving

Problem
Core problem: Retailloop is solving the need for a scalable, secure, and flexible eCommerce and retail platform for businesses and also inefficient supply chain for manufacturers and distributors in sub saharan Africa. Pain and challenge: Large retailers struggle with manual processes causing inefficiencies and errors in data entry, order fulfillment, and inventory management. Lack of automation leads to tedious workflows, while inventory challenges result in lost sales. Scaling operations becomes difficult, limiting growth potential.

About Us

About Us
Retailloop is a full stack cloud AI automation platform that helps large retailers and chain stores improve their in-store operations and streamline their distribution processes . we provides a number of features that can help large retailers to track inventory , monitor sales , create an online storefront , payment processing , shipping integration and also enabling them access to financial credits.

Venture Highlights

Highlights
 
  • Revenue: $150K
  • Partnerships: Mybalanceapp (escrow platform) +300 
  • Expansion: Rwanda, Kenya, South Africa
  • Integration: Africa Free Routing (Bitcoin payments)
  • Signed Contracts: Annual value of $146,650
  • Partnership with VendHQ (financial credits)
  • Onboarded:
     
  •  
    • Afri-health (healthtech startup) +100K stores
    • Michkay Yogurt (manufacturer): 1,500+ stores
    • The Lifter Child (healthtech startup) 
    • Onboarded Flexilearn (Edtech startup) 
    • Vaniah Yogurt (manufacturer) +500 stores
    • Supplya (e-commerce startup) +300 stores


  • Web Summit Qatar 2024 Invitation Alpha Startup Programme.
  • AFDB Accelerator (Africa Tech Startup Forum)
  • Exhibition at Web Summit Qatar.
  • Exhibition at Omniverse Summit Lagos.
  • Product showcase at the Mastercard Foundation
  • Hindsight Ventures Accelerator programme .
  • Design thinking workshop (SAP training).
  • StartUS insights top 10 new large scale retail companies in the US.
  • $5,000  Grant, Founder Factory Academy.
  • Top 20 finalist startup bootcamp
  • Top 15 startups Startup bootcamp fintech accelerator
  • Closed $205,000
  • Top 20 startups Zenith Bank, Zecathon 2024
  • Pitched at SLUSH 2024 in Helsinki, Finland 


Business Model

Business Model
Our business model is B2B.

Competitive Advantage

Quote
What makes us special is our unqiue AI approach and also our fair pricing/ real-time support for merchants.

Revenue

Revenue To Date
$150K
MRR
$10K
Revenue YTD
$150K
Burn Rate
$5K

Users

Total Users
20
Total Users (Past 30 Days)
5
Daily Active Users
5
Monthly Active Users
5
Total Paying Users
20
MoM Growth Users
5%
Organic Traffic %
50%

Customer Costs

CAC
$8.00
LTV
$320.00
Churn
N/A
Margins
100%

Go-To Market Strategy

Business Strategy
  • Huge Discount Offering
  • Leverage Existing partnership
  • Strategic Campaigns on Social Media
  • Agent network

Team

Emeka Ehinze
Emeka Ehinze

CEO
Olusola Akinsulere
Olusola Akinsulere

CTO
Henry Oriaku
Henry Oriaku

CPO

Competitive Analysis

Competitive Analysys

None of our competitors  satisfies availability in Sub Saharan Africa.


Competitor Website
Odoo www.odoo.com
Netsuite www.netsuite.com
SAP www.sap.com

Networking

Networking
We are open to meeting up to grab a coffee, or just to chat. We would really enjoy your feedback and insight into our venture and would be happy to discuss anything that you are currently working on to see if we can be of service!

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Capital

Loading...
Name Amount
Amount Left $800,000.00
Amount Raised (This Round) $0.00
Amount Raise To Date N/A
Investment Type N/A
Type of Raise Equity
Valuation
$3.4M

TAM SAM SOM

TAM
$1.4T
SAM
$140B
SOM
$28B

Business Stage

Business Stage
Paying Customers

Business Type

Business Types
Investor-Backed, Venture Capital Backed

Categories

SaaS
Enterprise
B2B2C
B2B
E-Commerce
Technology

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Last Updated: 04/12/24