This funding comes as part of Village Capital’s Reducing Inequalities Investment Facility, backed by FMO’s MASSIF Fund, which has now invested $1.6 million across four startups.

While customer funds remained secure, the attackers downloaded sensitive customer information, including names, social security numbers, bank account numbers, and contact information.

Shiprazor’s end-to-end management capabilities encompass a Shipping Aggregator, Fleet Management System (FMS), Returns Management System (RMS), Customer Experience/Notification System, and Address Verification System, ensuring a seamless logistics process from start to finish.

“Our journey began in 2012, and since then, we’ve been committed to supporting innovation and growth in African startups.”