Nigerian startup Termii raised $3.65M in fresh funding led by Ventures Platform

 

Nigerian startup Termii raised $3.65M in fresh funding led by Ventures Platform.  Termii provides communication infrastructure to increase customer engagement via SMS, voice messaging, and email. The firm intends to use the proceeds to drive growth, develop new products, and promote products in new markets. Termii has raised $5.2M from investors, of which $1.4M came through a seed funding round in 2021. The startup has over 10,000 clients using its API and no-code dashboard to increase customer engagement.  The Y Combinator-backed startup claims its annual recurring revenue (ARR) has increased 30x.  FinTech Collective, Launch Africa Ventures, Nama Ventures, Aidi Ventures, NOA Capital, and others participated in the current funding round