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Termii Inc | Company profile, Business Model, and Operations

Recieved Funding?
yes
Type of Funding
Angel investors, Venture capital, Series B Funding, Seed funding
Number of Funding Phases
3
Business Type
Private Company

All you need to know about Termii Inc

About Us

Termii is a cross-channel messaging and customer engagement platform. It provides a mobile virtual solution through short message service (SMS), email, and voice text. 

It offers businesses to send personalized messages and track engagement, and the results of their campaigns. The company was founded in 2014 and is based in Lagos, Nigeria.

Our History

Following a rebrand and an official launch in October 2017, Termii now helps businesses retain their existing customers by effectively segmenting them based on an individual’s unique needs while also driving personalised marketing messages that suit every client’s peculiarity.

At the moment, Termii is headquartered in Lagos, Nigeria but also serves customers in Morocco, Ghana, and Benin Republic.

Termii has raised $30,000 seed fund from Future Hub, a China-Africa early-stage startup investment and incubation plan backed by Transsion.

This makes Termii the first startup funded by Future Hub backed by Transsion, established in September to raise equity-based investments of up to $300,000 for early-stage African startups.

Termii is solving customer retention challenges for businesses through an API-based communication infrastructure which drives a repeated interaction between customers and brands, while also providing multi-channel real-time messaging. And the platform uses a per-billing wallet system.

Our Vision

To help millions of businesses communicate with their customers easily across multiple countries and channels

Our Mission

To enable global communication capabilities for the next generation of technology businesses

Our Core Values

Excellence, Professionalism, Customer Centricity, Ownership, and Simplicity in Approach.

Our Services

The company (Termii) helps African businesses use messaging channels to verify and authenticate customer transactions. 

They help African businesses communicate with customers across SMS, email, voice, and instant messaging channels. 

The company has built a platform that helps tech businesses across Africa to use messaging channels to engage, verify and authenticate customer transactions. 

The team has built capability to deliver verification and user-based notifications across Africa and the middle-east, which jointly comprises up to a billion people.

With Termii businesses can:

  • Verify customer identity & transactions
  • Send product notifications to customers
  • Generate personality and engagement insights from customer transactions

Our Business Model

Termii runs a B2B2C model and leverages a virtual wallet system that is tied to a bank account. This makes it easy for its customers to make payments to the platform using mobile money, bank transfer, and credit cards.

The startup charges its customers’ wallets on a per-message basis, as well as on every successful customer verification made towards customers’ contacts. 

It runs a developer-first approach while also providing dashboard tools for sales and marketing teams within companies who decide to run non-API-based engagement campaigns.

Company Co-founders
Umar Faruq Akinwunmi
Gbolade Emmanuel
Related Topics

Termii Inc
Business Model

The Company major services and product include: Business, customer communication, personalized messaging, B2B2C

The Company was Founded
The Company was established on
March 10, 2014
HeadQuarters
The Company has its Operational Headquarters at 1A Towobola Street, Gbagada Lagos, Nigeria.
Industry
The Company is contributing to the development of the Industry B2B, Media & Communications
Staff Strength since Inception
The Company prides in her team member of about 51 - 100 active members

Termii Inc Business Model

The Company major services and product include: Business, customer communication, personalized messaging, B2B2C

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

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