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Sabi | Company profile, Business Model, and Operations

Recieved Funding?
yes
Type of Funding
Series B Funding, Seed funding
Number of Funding Phases
5
Business Type
Private Company

All you need to know about Sabi

About Us

Sabi is the foremost infrastructure provider in Africa, facilitating the distribution of physical goods and essential commodities for the global energy transition.

Our platform empowers a diverse range of users, including merchants, exporters, distributors, and global importers, to enhance their capabilities and expand their businesses through Sabi's technological infrastructure.

This infrastructure grants access to physical goods supply and demand, logistics, financial services, and valuable data insights.

Simply put, Sabi provides digital infrastructure, optimizing supply chains for diverse market needs.

  • Year Founded: April 2021
  • Headquarters: Lagos, Nigeria
  • Employees: 201-500

Our Vision

Sabi's commitment to sustainability aligns perfectly with our vision of a thriving and adaptable commercial sector in Africa.

Our Core Values

1. Trust

Central to Sabi's mission is trust. We believe in cultivating trust-filled relationships that serve as the bedrock for enduring partnerships.

2. Sustainable Impact

Each partnership is a testament to our collaborative spirit, underpinned by a mutual commitment to sustainability.

3. Diversity & Education

Through unwavering support and dedication, we champion the growth ambitions of our partners, enriching their journey with education and insights for informed decision-making.

Our Services

Sabi’s services address the supply-chain needs of businesses operating around the world.

  1. Supply Chain Management: Sabi offers a digital platform that optimizes supply chains, catering to various market needs, we facilitate timely and cost-effective access to physical goods and commodities.
  2. Sustainability and Compliance: We set a higher bar for sustainability, merging global compliance with an accurate responsiveness to local and social concerns.
  3. Financial Services: Sabi promotes financial inclusion through the provision of fit-for-purpose solutions customized for users.

Sabi Platforms

Sabi's innovative platform seamlessly integrates advanced tools and services, simplifying both domestic and cross-border supply chain transactions.

1. Sabi Trace | Cross-Border Commodities Operating System

TRACE, which stands for Technology Rails for African Commodity Exchange, is an advanced digital platform created to enhance the local value of African exports.

It promotes ethical procurement and connects domestic commodity supply with global demand. Committed to efficiency and transparency, TRACE offers a range of tools that redefine the trading process.

With workflow management and thorough buyer and seller verification and KYC protocols, it guarantees that every transaction is traceable and reliable.

From smooth contract execution and ongoing quality assurance to nearly real-time logistics and aggregation tracking, every stage is made more efficient.

At the core of its services are specialized payment solutions and adaptable financing choices, catering to the financial needs of both buyers and sellers.

In addition to its services, TRACE reflects Sabi's commitment to integrating contemporary technology with Africa's trade landscape.

Our advanced traceability management tools ensure adherence to the highest ethical norms, embodying a vision in which technology strengthens Africa's position in global trade.

2. Sabi Market | The Digital Facilitator for B2B Trade:

Sabi Market, the digital facilitator for B2B Trade, was created to meet the specific needs of the rapidly evolving consumer-goods sector in frontier markets. With a focus on user needs, it acts as a central platform where wholesalers, last-mile retailers, logistics partners, and financiers interact with the supply from regional distributors.

Sabi Market combines advanced technology to streamline the supply chain and integrated finance to support all participants in the distribution of physical goods in frontier markets.

This includes a flexible logistics system for on-time deliveries and product quality, as well as a range of financial tools tailored to different business requirements.

By providing customized financial solutions, the aim is to ease the financial pressures often associated with bulk purchases.

The platform's design emphasizes security and transparency, incorporating features to verify both buyers and sellers, thereby building trust in every transaction.

3. Financial Services

A key component of a successful business is its ability to access dependable financial services, especially in emerging markets where achieving financial stability can be challenging.

Small and medium-sized enterprises (SMEs) frequently face a significant challenge: they struggle to easily conduct transactions and obtain credit in environments that are not always favorable.

This lack of financial assistance can significantly hinder their ability to take advantage of market opportunities and can further restrict them to relying on cash transactions. This is where Sabi's integrated financial services become important.

We don't just provide a service, we provide essential support. Our customized financial solutions tackle the challenges of insufficient payment tools, preventing the resulting loss of sales and income.

Additionally, by making it easier to access credit, we enable businesses to meet their operational needs, take advantage of growth opportunities, and strengthen themselves against unexpected economic obstacles. Sabi merchants aren't just surviving—they're flourishing.

What Products does Sabi Offer?

  • Merchbuy
  • Sabi Wallet
  • OMS
  • Supplier Platform
  • Driver app
  • Agent app and many more.

Key Facts

  • Year Founded: April 2020
  • Headquarters: Lagos, Nigeria
  • Employees: 201-500
  • Has secured $38 million in Series B funding, valuing the company at $300 million.
  • At the end of 2021, Anu Adasolum and Ademola Adesina, executives at Sabi, stated to TechCrunch that the company had more than 175,000 merchants in its network and was achieving a $200 million annualized GMV run rate.
Related Topics


Industry

Ademola Adesina
Anu Adasolum

Sabi
Business Model

The Company major services and product include: A digital platform that optimizes supply chains catering to various market needs, Sustainability and Compliance by merging global compliance with an accurate responsiveness to local and social concerns, and financial Services, through the provision of fit-for-purpose solutions customized for users.

The Company was Founded
The Company was established on
April 1, 2021
HeadQuarters
The Company has its Operational Headquarters at Lagos, Nigeria
Industry
The Company is contributing to the development of the Industry E-Commerce, FinTech, IT Services
Staff Strength since Inception
The Company prides in her team member of about 101 - 500 active members

Sabi Business Model

The Company major services and product include: A digital platform that optimizes supply chains catering to various market needs, Sustainability and Compliance by merging global compliance with an accurate responsiveness to local and social concerns, and financial Services, through the provision of fit-for-purpose solutions customized for users.

yes
Have they recieved Funding from VCs
yes
Have they recieved Funding from VCs
yes
How many number of Funding rounds?
$3B
Company Net worth as of 2023

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