Gebeya Secures $2m Seed Money

February 8 , 2020


Gebeya Secures $2m Seed Money

Gebeya Inc, a local education technology firm that runs an online software marketplace, sealed two million dollars in seed  round money from three investors. Partech, Orange Digital Ventures and Consonance Investment Manager provided the company with the seed money. Partech is a venture capital investment firm with operating offices in San Francisco, Paris, Berlin and Dakar. Orange Digital Ventures Africa is an initiative of Orange Group with a dedicated investment of 50 million euros to support tech entrepreneurship in Africa. Consonance Investment Managers, based in Mauritius, invests in early-stage and growing businesses across sub-Saharan Africa. Gebeya, which was established in 2016 in Ethiopia, has graduated over 600 tech talents. The company secured a half-million-dollar grant from the International Finance Corporation to provide scholarships to 250 female software engineers through the Digital Gender Ethiopia Programme.


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