Marketplace · Seed
Marula Market
A produce marketplace that pays farms in 48 hours. Raising seed capital to expand after r42m gmv annualised.
Round progress
••• of $1,800,000
Instrument
Equity
Min cheque
$25K
Valuation cap
•••
Deadline
160 days
Committed capital and the valuation cap open after sign-in.
Problem
Farmers wait 60 days for retail payment and absorb spoilage losses.
Solution
Aggregated demand, cold-chain routing and instant settlement.
Traction
R42M GMV annualised, 260 farms, 14 retail buyers.
Team
Ex-Shoprite procurement and Yoco payments; 33 people.
Use of funds
60% engineering and product, 25% go-to-market hires, 15% compliance and working capital.
Early-stage investing carries a high risk of losing all capital. GAIN does not hold investor funds and does not give investment, legal or tax advice.