Jumba is a Kenyan construction technology platform that aims to make constructing a house seamless, efficient, and affordable. Founded in 2022, Jumba streamlines B2B construction material purchases and financing, empowering hardware retailers and real estate developers to access the supplies they need.
Jumba provides a one-stop shop for construction materials and a short-term financing option. The platform connects manufacturers, suppliers, and customers to ensure a seamless supply chain. Hardware retailers and developers can order materials online, with Jumba’s sales team assisting with sourcing. The company negotiates discounted prices with manufacturers and manages logistics, which makes construction materials more affordable and accessible.
Jumba offers short-term financing options to retailers through its bank partners. Plans are underway to provide long-term credit to developers, ensuring they can complete projects without financial challenges.
They have recorded impressive growth, covering 60% of Kenya’s 47 counties. With $4.5 million in seed funding from investors like LocalGlobe and Enza Capital, the company is scaling its operations to meet growing demand.
Jumba’s co-founder and CEO, Kagure Wamunyutu, aims to bridge Kenya’s 80% housing deficit. “Our vision remains verticalization in construction, solving problems in the sector,” she says. “Kenya is our core market, and we plan to scale before exploring new markets.”
Jumba’s approach has received recognition, including $150,000 in non-equity assistance from Google for Startups. Luke Mostert, Head of Investments at Future Africa, praises Jumba’s potential to alleviate supply chain inefficiencies.
Jumba is helping more people achieve their dream of owning a home by making the process simpler and more affordable. With an easy-to-use platform and various financing options, Jumba aims to tackle the challenges in the construction industry. This way, they are set to change how homes are built and owned in Africa.
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