---
title: "Maad raises $3.2M seed funding"
url: https://daily.dev/posts/maad-raises-3-2m-seed-funding-ryazrtfgz
source_url: https://techcrunch.com/2024/05/13/maad-raises-3-2-seed-fundin/
type: article
source: "TechCrunch"
published: 2024-05-14T03:48:53.388Z
updated: 2024-05-14T03:48:51.523Z
tags: ["startup", "ecommerce"]
reading_time: 3
upvotes: 2
comments: 0
language: en
---

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# Maad raises $3.2M seed funding

**[TechCrunch](https://daily.dev/sources/tc)** · 3 min read · 2 upvotes · 0 comments

## Summary

Maad, a B2B e-commerce startup based in Senegal, has raised $3.2 million in seed funding to support its growth in the country and explore opportunities in the wider Francophone region. The funding round was led by Ventures Platform and included participation from various investors. Maad's end-to-end distribution platform helps informal retailers source fast-moving consumer goods directly from suppliers, addressing stockouts and inventory costs. The startup plans to expand its coverage within Senegal and enter a new market in the Francophone regions.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://techcrunch.com/2024/05/13/maad-raises-3-2-seed-fundin/>

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---

Tags: [#startup](https://daily.dev/tags/startup), [#ecommerce](https://daily.dev/tags/ecommerce)

[View this post on daily.dev](https://daily.dev/posts/maad-raises-3-2m-seed-funding-ryazrtfgz)