Tugende
Kampala, Uganda

Total Funding Amount
US $33,980,000

Categories:
financial services,
Founded:
2012
Founders:
Michael Wilkerson, Matt Brown
Countries:
Uganda
Funding Status:
Early-Stage
Employees:
1-50

Description

At Tugende, we create opportunity through ownership. We’re a for-profit social enterprise in Uganda that helps safe, reliable motorcycle taxi (boda-boda) drivers buy their own motorcycles, giving them the means to control their own tools of employment and kick starting a path to financial independence.


Recent Funding for Tugende


Logo
Investor
Amount / Round
Date / Source
Investor/Location
Angel | Enza Capital | Partech Partners Kampala, Uganda | Nairobi, Kenya | Paris, France
Amount/Round
US $3,600,000 Equity
Date/Source
31 Mar 2021 Source 
Investor/Location
Social Venture Fund (SVF) | Segal Family Foundation | Denali Venture Philanthropy | Toyota Tsusho Corporation | Angel Washington, DC, US | New Jersey, United States | Colorado, United States | Nagoya, Japan | Kampala, Uganda
Amount/Round
US $6,300,000 Equity
Date/Source
13 Jul 2020 Source 
Investor/Location
Undisclosed Investor -
Amount/Round
US $13,000,000 Equity
Date/Source
18 Nov 2019 Source 
Investor/Location
PG Impact Investments California, US
Amount/Round
US $5,000,000 Debt
Date/Source
18 Feb 2019 Source 
Investor/Location
OPIC - Overseas Private Investment Corporation Washington, USA
Amount/Round
US $5,000,000 Debt
Date/Source
16 Jul 2018 Source 
Investor/Location
Undisclosed Investor -
Amount/Round
US $780,000 Equity
Date/Source
15 Jan 2015 Source 
Investor/Location
Undisclosed Investor -
Amount/Round
US $300,000 Equity
Date/Source
10 Dec 2013 Source