Taeillo
TypePrivate
IndustryFurniture E commerce , Retail
Founded2018
Key people
Jumoke Dada (CEO)
Websitetaeillo.com

Taeillo is a Nigerian furniture company specialising in African-inspired designs.[1]

History

The company was founded by Jumoke Dada in 2018.[2][3][4]

In December 2018, Taeillo ran an exhibit to showcase new designers of furniture, textile and lighting.[5]

In February 2020, Taeillo set up an augmented reality exhibition at Lagos social media week.

In October 2021, Taeillo held an exhibition at Eko Design series during Lagos Design Week [6]

In June 2022, Taeillo was featured on CNN's Inside Africa.[7]

Funding

Taeillo raised about $3 million in funding over three rounds, starting from a $365, 000 pre-seed round in 2019.[8] Its first round was backed by Montane Capital, Co-Creation Hub (CcHub) and B-Knight. In January 2021, CcHub added another $150,000 investment.[9] In December 2022 the company raised $2.5 million in seed funding from Lagos-based investor Aruwa Capital Management, to help it scale its existing operations in Kenya.[10][11]

References

  1. ↑ "Taeillo: Meet The Furniture Company Leveraging Tech To Reshape The Face Of Contemporary Design". techbuild.africa. April 15, 2020.
  2. ↑ "Meet Jumoke Dada, craftsman who makes afro-urban furniture". Businessday NG. April 9, 2018.
  3. ↑ "How Taeillo is using AR/VR to change the experience of furniture shoppers in Africa". techpoint.africa. September 2, 2020.
  4. ↑ "'Taeillo is the concept of a home that reflects African beauty'". Guardian Nigeria. October 13, 2018.
  5. ↑ "Creatives Cocoon Mentoring Program by Taeillo will showcase aspiring design talent in Furniture, Textile and Lighting Design". Livin Spaces. October 18, 2018.
  6. ↑ "HIGHLIGHTS FROM EKO DESIGN EXHIBITION". Terracotta & Silk. November 10, 2021.
  7. ↑ "Designed in Africa". CNN. May 6, 2022 – via edition.cnn.com.
  8. ↑ "Taeillo's Funding History". StartupList Africa.
  9. ↑ "Home". Co-Creation Hub Nigeria (CcHUB).
  10. ↑ Kene-Okafor, Tage (December 12, 2022). "Nigerian startup Taeillo raises funding to scale its online furniture e-commerce platform". TechCrunch.
  11. ↑ "Taeillo raises $2.5 million fund from new partnership with Aruwa Capital". Technext 24. December 12, 2022.
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