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Radar · Retail in Lagos

Best Retail Companies in Lagos, Nigeria

The 137 best Retail companies in Lagos, Nigeria in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: TradeDepot.

137companies tracked
$540.7Mdisclosed funding
0unicorns
42have raised

Ranked: Best Retail companies in Lagos

#CompanyDisclosed fundingLast roundEmployeesFounderTech stackWeb popularityRecent signals
1TradeDepot
Provider of software solutions for B2B manufacturers and retailers for redistribution of stocks
$123M40 mo ago396Michael Ukpong
Chief Technology Officer and Co-Founder
Mapbox GL JSGoogle MapsAnimate.css+23Top 5M—
2Konga
Retail chain of toys, mobile & accessories, and electronics
$78M112 mo ago—Prince Ekeh
Co-CEO
Cart FunctionalityAlgoliaNode.js+40Top 100k—
3Konga.com
Retail chain of toys, mobile & accessories, and electronics
$78M112 mo ago800Prince Ekeh
Co-CEO
Cart FunctionalityAlgoliaNode.js+40Top 100k—
4Sabi
Provider of informal distribution logistics solutions for businesses
$66M37 mo ago240Anu Adasolum
Co-Founder & CEO
Node.jsZohoReact+12Top 50M1 award
5Stitches Africa
Online retailer of handcrafted apparel and accessories by African designers
$50M7 mo ago—Franklin Peters
Co-Founder
Cart FunctionalityTurbopackFirebase+17Top 50M1 job opening · 1 internship
6Jiji
Online classified marketplace platform for exchanging goods and services
$50M78 mo ago—Anton Volianskyi
Founder & CEO
WixSentryBootstrap+10Top 50M—
7Vendease
Online B2B marketplace offering food products
$23M44 mo ago212Tunde Kara
Co-Founder/ CEO
TypeScriptZohoTailwind CSS+12Top 50M—
8OmniRetail
Supply-chain digitization solutions for retailers and brands
$20M13 mo ago—Deepankar Rustagi
Founder & CEO
Node.jsThree.jsUbuntu+19Top 5M1 award
9Foodstock Farmers Market
Online marketplace for connecting farmers with customers
$9M113 mo ago—Omotayo Omolere
Founder & CEO
———
10Omnibiz
Provider of software solutions for grocery retailers
$8M36 mo ago125—SentryAzure Front DoorAzure+13Top 500k—
11Traction Apps
Provider of e-commerce solutions for businesses
$6M34 mo ago193Dolapo Adejuyigbe
Co-Founder
WordPressMySQLPHP+25Top 5M—
12DealDey
Deals Platform
$6M136 mo ago138Kehinde Oriola
CEO
———
13Duplo
Provider of B2B payments solutions
$6M45 mo ago31Tunde Akinnuwa
Co-Founder
WordPressMySQLPHP+32Top 5M1 internship
14Bumpa
Provider of suite solution for businesses
$4M44 mo ago31—SentryApple iCloud MailGoogle Workspace+25Top 1M3 job openings
15MAKA
Online marketplace offering casual wear for men and women
$3M30 mo ago—Diana Kyereko
Co-Founder & CEO
———
16Taeillo
Internet first brand of home furniture
$3M42 mo ago97Jumoke Dada
Founder
Cart FunctionalityShopifyBootstrap+16Top 5M—
17Sendbox
Web-based application for on-demand delivery management services
$2M56 mo ago64Olusegun Afolahan
Co-Founder
SentryTypeScriptGraphQL+17Top 10M—
18RooomXIX
Wholesaler of clothes and fashion accessories
$2M58 mo ago29Gebenga Adeyefa
CEO
———
19Renda
Provider of shipping and fulfillment solutions for e-commerce businesses
$1M25 mo ago57Ope Onaboye
Founder & CEO
Node.jsRadix UIMUI+12Top 50M—
20Shopex TV
E-distributor offering multi-category products
$885K48 mo ago77Isi Abebe
Founder
Cart FunctionalityWooCommerceWordPress+40Top 5M—
21Medsaf
Online B2B marketplace for medicines
$330K97 mo ago20Vivian Nwakah
Co-Founder
———
22Rabawa
Online social marketplace platform for multi-category products
$163K61 mo ago4————
23SureBids
Online retail voucher aggregator
$125K118 mo ago24————
24Zowasel
Online deal aggregator platform
$100K58 mo ago26—Animate.cssBootstrapApache HTTP Server+6Top 10M1 partnership
25Joovlin
Provider of payments solution for online merchants
$100K68 mo ago6————
26MOBicure
Smartphone app for child health monitoring
$100K104 mo ago27————
27GYST
Local Business Directory Search Engine
$100K195 mo ago—Sim Shagaya
CEO
———

Top 12 Retail companies in Lagos

#1
Series C · Lagos, Lagos · founded 2024
$50Mraised
▾

Online retailer of handcrafted apparel and accessories by African designers. It offers curated, exclusive pieces. The company connects designers with customers seeking unique, culturally inspired fashion.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 54 LinkedIn followers
Hiring: 1 hiring post in 12 mo (public) · hiring: Sales Personnel
Funding rounds
  • Nov 2025Series C$50M
Founders & team
Franklin PetersCo-Founder
Investors
Cedrus Group, JF ADVISORY GROUP
Tech stack
Cart FunctionalityFirebaseGoogle AnalyticsHstsMicrosoft 365Next.Js
#2
Series A · Lagos, Lagos · founded 2019
$20Mraised
▾

Supply-chain digitization solutions for retailers and brands. The platform digitizes the supply chain from distributors to retailers. It provides finance, warehousing, distribution, and sales automation solutions.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 10k LinkedIn followers — 7.2% of this cohort's audience
Activity: 1 awards announced in 12 mo
Funding rounds
  • Apr 2025Series A$20M
  • Apr 2024Series A—
Founders & team
Deepankar RustagiFounder & CEO
Investors
Goodwell Investments, Alitheia Capital, Norfund, Timon Capital, Ventures Platform, Aruwa Capital Management
Tech stack
AzureAzure Front DoorCloudflareCloudflare Bot ManagementCore-JsFacebook Pixel
#3
Series B · Lagos, Lagos · founded 2015 · 396 employees
$123Mraised
▾

Provider of software solutions for B2B manufacturers and retailers for redistribution of stocks. The company provides dashboard to suppliers enabling them to manage secondary distribution which includes retail coverage and demand discovery and manages orders & inventories. They can also have a real-time view of the prices and discounts available from every major brand & can order those products which are then delivered to them as the order is routed to the appropriate nearby depot.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 11k LinkedIn followers — 7.9% of this cohort's audience
Funding rounds
  • Feb 2023Conventional Debt$5M
  • Dec 2021Conventional Debt—
  • Nov 2021Series B$110M
  • Jul 2020Series A$10M
Founders & team
Michael UkpongChief Technology Officer and Co-FounderOnyekachi IzukanneCo-Founder & CEO
Investors
IFC, NovaStar, Sahel Capital, Endeavor, Partech Partners, MSA Capital
Tech stack
Amazon CloudfrontAmazon S3Amazon Web ServicesAnimate.CssBootstrapBootstrap Icons
#4
Series B · Lagos, Lagos · founded 2020 · 240 employees
$66Mraised
▾

Provider of informal distribution logistics solutions for businesses. It enables the informal trade sector by bringing merchants, distributors, and resellers into its network. It also provides customer acquisition, cash flow management, logistics management, inventory management, sales order management, and more.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 12k LinkedIn followers — 8.8% of this cohort's audience
Activity: 2 awards announced in 12 mo
Funding rounds
  • May 2023Series B$38M
  • Apr 2022Series B—
  • Nov 2021Series A$6M
  • 2020Seed$2M
Founders & team
Anu AdasolumCo-Founder & CEOAdemola AdesinaCo-Founder
Investors
CRE Venture Capital, Janngo, Atlantica Ventures, Waarde Capital, FinTech Collective, Norrsken22
Tech stack
CloudflareCloudflare Browser InsightsGoogle Tag ManagerHttp/3LottiefilesMicrosoft 365
#5
Series A · Lagos, Lagos · founded 2017 · 212 employees
$23.3Mraised
▾

Online B2B marketplace offering food products. It offers bread, meat and seafood, fruits, vegetables, water beverages, and grains. The platform claims to manage businesses by financing the procurement and purchase of goods for businesses.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 12k LinkedIn followers — 8.6% of this cohort's audience
Funding rounds
  • Sep 2022Conventional Debt$10M
  • Sep 2022Series A$20M
  • Oct 2021Seed$3.2M
  • 2021Seed$125K
Founders & team
Tunde KaraCo-Founder/ CEO
Investors
Y Combinator, Global Founders Capital, Hustle Fund, Liquid 2 Ventures, Hack VC, Soma Capital
#6
Seed · Lagos, Lagos · founded 2010 · 125 employees
$8Mraised
▾

Provider of software solutions for grocery retailers. The solutions provided are sourcing and distribution management, inventory management, financing solutions for stock keeping, and supply chain management. The company claims it also provides logistics services and reports and insights.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 23k LinkedIn followers — 16.9% of this cohort's audience
Funding rounds
  • Jun 2023Seed—
  • Aug 2022Seed$5M
  • Aug 2022Conventional Debt$10M
  • Aug 2021Seed$3M
Investors
Aruwa Capital Management, Timon Capital, Tangerine, Musha Ventures, SUNU Capital, Rising Tide Africa
Tech stack
AzureAzure Front DoorBabelCdnjsClevertapCloudflare
#7
Seed · Lagos, Lagos · founded 2020 · 57 employees
$1.3Mraised
▾

Provider of shipping and fulfillment solutions for e-commerce businesses. It is a tech platform with physical infrastructure for fulfillment and warehousing. The features include a storage facility, inventory management, real-time stock management, order processing for retail distribution, and last-mile delivery services. Businesses can also track delivery packages in real time.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 6k LinkedIn followers — 4.4% of this cohort's audience
Activity: 2 partnerships (incl. Makemepretty) announced in 12 mo
Funding rounds
  • May 2024Seed$1.3M
  • May 2024Conventional Debt$600K
  • Dec 2022Seed$20K
Founders & team
Ope OnaboyeFounder & CEO
Investors
Techstars, Ingressive Capital, Founders Factory Africa, Magic Fund, Golden Palm Investments, Reflect Ventures
Tech stack
Framer SitesGoogle WorkspaceHostgatorHstsHttp/3Open Graph
#8
Acquired · Lagos, Lagos · founded 2018 · 193 employees
$6Mraised
▾

Provider of e-commerce solutions for businesses. Its solution offerings include payments management, inventory management, customer management, online storefront design, development, analytics, reporting, back-office business operations, invoicing, and more. Its mobile application is available on Android and iOS platforms. The company also offers retail solutions for offline businesses.

Funding rounds
  • Aug 2023Seed$6M
Founders & team
Dolapo AdejuyigbeCo-FounderMayowa AlliCo-Founder
Investors
Ventures Platform, P1 Ventures, Luno Expeditions, Outlierz Ventures, Africa Fintech Collective, First Circle Capital
Tech stack
AddtoanyAddtoany Share ButtonsBootstrapBootstrap IconsContact Form 7Core-Js
#9
Acquired · Lagos, Lagos · founded 2012
$78.5Mraised
▾

Operates retail store of consumer goods

LinkedIn Pulse recent public activity · Jul 2026
Audience: 17k LinkedIn followers — 12.4% of this cohort's audience
Funding rounds
  • Feb 2017Series C—
  • Oct 2014Series C$40M
  • Jan 2014Series B$25M
  • 2013Series A$10M
Founders & team
Prince EkehCo-CEONick ImudiaCo-CEO
Investors
Kinnevik, Naspers
Tech stack
AlgoliaAmazon AlbAmazon S3Amazon Web ServicesApple Sign-InBootstrap
#10
Seed · Lagos, Lagos · founded 2021
$2.6Mraised
▾

Online marketplace offering casual wear for men and women. The product catalog includes t-shirts, shirts, skirts, jeans, sweatshirts, jackets, and more.

Funding rounds
  • Dec 2023Seed$2.6M
Founders & team
Diana KyerekoCo-Founder & CEO
Investors
4DX Ventures, Janngo, Palm Drive Capital
#11
Unfunded · Lagos, Lagos · founded 2012 · 800 employees
$78.5Mraised
▾

Operator of an online shopping store intended to ensure optimum levels of convenience and customer satisfaction with the retail process. The company's online shopping store engages in selling books, home appliances, mobile phones and tablets, toys, computers and groceries, enabling individuals get a simple and convenient way to shop online and get things delivered.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 17k LinkedIn followers — 12.4% of this cohort's audience
Founders & team
Leo EkehCo-FounderNick ImudiaCEOPrince EkehCEO
Investors
Naspers, Kinnevik
Tech stack
AlgoliaAmazon AlbAmazon S3Amazon Web ServicesApple Sign-InBootstrap
#12
Series C · Lagos · founded 2014
$50Mraised
▾

Online classified marketplace platform for exchanging goods and services

LinkedIn Pulse recent public activity · Jul 2026
Audience: 6k LinkedIn followers — 4.3% of this cohort's audience
Funding rounds
  • Dec 2019Series C$21M
Founders & team
Anton VolianskyiFounder & CEO
Investors
Knuru, TA Ventures, Flyer One Ventures, Kepple Africa Ventures, Allrise Capital, Digital Spring Ventures

Funding & investor landscape

$540.7Mtotal disclosed funding
30companies funded
49disclosed rounds
0rounds last 90 days
Most active investors
Ventures Platform5 rounds
Y Combinator5 rounds
Musha Ventures4 rounds
Techstars4 rounds
Aruwa Capital Management3 rounds
CRE Venture Capital3 rounds
MEST3 rounds
Magic Fund3 rounds
Timon Capital3 rounds
440.NG2 rounds

Notable founders

Franklin Peters
Co-Founder · Stitches Africa
Deepankar Rustagi
Founder & CEO · OmniRetail
Michael Ukpong
Chief Technology Officer and Co-Founder · TradeDepot
Onyekachi Izukanne
Co-Founder & CEO · TradeDepot
Anu Adasolum
Co-Founder & CEO · Sabi
Ademola Adesina
Co-Founder · Sabi
Tunde Kara
Co-Founder/ CEO · Vendease
Ope Onaboye
Founder & CEO · Renda
Dolapo Adejuyigbe
Co-Founder · Traction Apps
Mayowa Alli
Co-Founder · Traction Apps
Prince Ekeh
Co-CEO · Konga
Nick Imudia
Co-CEO · Konga
Prism market signals · Nigeria · country-scoped Prism corpus, 984,623 docs

Market landscape — 10 sub-themes by coverage

Share of Retail coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

Common questions

How many Retail companies are there in Lagos, Nigeria?
Radar tracks 137 indexable Retail companies headquartered in Lagos, Nigeria that meet our profile-completeness bar.
What is the total funding raised by Retail companies in Lagos, Nigeria?
The Retail companies in Lagos, Nigeria on this list have raised a combined $540.7M in disclosed equity funding across 30 funded companies.
Which is the highest-funded Retail company in Lagos, Nigeria?
TradeDepot is the highest-funded Retail company in Lagos, Nigeria, with $123M in disclosed equity funding.
How many Retail companies in Lagos, Nigeria are funded?
30 of the 137 Retail companies in Lagos, Nigeria on this list have disclosed at least one equity funding round.
How many Retail unicorns are there in Lagos, Nigeria?
None of the Retail companies in Lagos, Nigeria on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Lagos, Nigeria Retail companies?
The most active investors in Lagos, Nigeria Retail companies on this list include Ventures Platform, Y Combinator, Musha Ventures, Techstars, Aruwa Capital Management.
Rohit KhannaTrends & Stories

Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.

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