Business · Companies · 2 days ago
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.
Lagos Life reached a $10 million valuation eight days after it went live.
The announcement followed a $500,000 funding round.
The round was backed by the CEOs of Flutterwave, Terra Industries and Mono, among others.
- Who
- Lagos Life announced the valuation. The round was backed by the CEOs of Flutterwave, Terra Industries and Mono, among others.
- What
- Lagos Life reached a $10 million valuation after a $500,000 funding round.
- When
- Eight days after the app went live.
- Where
- Not stated.
- Why
- The valuation followed a $500,000 funding round.
This story does not have two clearly opposing sides.
No direct quotes in the coverage so far.
This story does not have a timeline yet.
- Valuation
- $10 million
- Funding round
- $500,000
- Time after launch
- Eight days
- Backers named
- CEOs of Flutterwave, Terra Industries and Mono
Sources
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