Business · Companies · 2 days ago

Lagos Life reaches $10 million valuation eight days after launch

Lagos Life reaches $10 million valuation eight days after launch

Lagos Life is an app that went live eight days before announcing its new valuation.

It says the company is valued at $10 million after a $500,000 funding round.

The round was backed by the CEOs of Flutterwave, Terra Industries and Mono, among others.

The valuation is a measure of what investors think the company is worth, not money it has necessarily earned.

Sources

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