Termii Raises $3.65 Million to Reimagine Digital Communication in Africa
Termii, a Nigerian-based startup, has recently raised $3.65 million in a seed round of funding to reimagine digital communication in Africa. The funding was led by TLcom Capital, with participation from Y Combinator, Techstars, and other investors.
Termii is a platform that enables businesses to communicate with their customers in a more efficient and cost-effective manner. The platform is powered by ChatGPT, a natural language processing (NLP) technology that enables businesses to create automated conversations with their customers. The company also provides a suite of tools for businesses to manage their customer conversations.
The funding will be used to expand Termii’s team and to build out its platform. The company plans to use the funds to develop new features and to explore ways in which its technology can be used to improve customer experience.
The company’s CEO, Adebayo Adebayo, said in a statement: “We are excited to have the support of TLcom Capital and other investors to help us accelerate our mission to make digital communication more efficient and cost-effective for businesses in Africa. We believe that our technology can help businesses to better engage with their customers and to provide a better customer experience.”
Termii’s platform is currently being used by businesses in Nigeria, Kenya, and Ghana. The company plans to expand its reach to other African countries in the near future.
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