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Bamba

Operating

Bamba uses Mobile, SMS and IVR channels to enable Market Research Firms & Development Aid Organizations to gain insights from users.

Updated Source: SLA Startup IndexHow we verify →
Total raised
$4.7M
disclosed
Last round
$3.2M
Seed
Rounds
5
since 2012
Investors
16
on record
Employees
11-50

About Bamba

Bamba, a TechStars company, is a real-time data gathering platform to access and engage the 1.5B people in the emerging markets on their mobile feature phones.

We use Mobile, SMS and IVR channels to enable Market Research Firms & Development Aid Organizations to gain insights from our users. We provide instant mobile airtime payouts to subsidize their income and ultimately motivate our users to provide the data our clients need in days, not months.

Our technology is ready for use in 122 countries on over 400 telecoms. Our User Acquisition Algorithm & Predictive Response Engine provides targeted demographics and high response rates. We have offices in Washington, DC, Nairobi, Lagos & Toronto.

Bamba funding5 rounds

All 5 rounds →

Bamba has raised $4.7M across 5 disclosed rounds. The latest is a $3.2M Seed announced 18 May 2022, led by 468 Capital.

Capital growthrunning total of disclosed rounds
  1. $100KConvertible NoteConvertible Note, $100K, $100K raised to date
  2. $250KSeedSeed, $250K, $350K raised to date
  3. $1.1MSeedSeed, $1.1M, $1.4M raised to date
  4. $3.2MSeedSeed, $3.2M, $4.7M raised to date

SLA Funding Index · grey is capital raised before each round · 1 undisclosed round not drawn

AnnouncedRoundLead · investorsAmount
18 May 2022Bamba Seed468 Capital +6$3.2M
14 Feb 2017Bamba SeedWinshall Walt +6$1.1M
24 Nov 2016Bamba SeedDarshan Chandaria$250K
01 Mar 2016Bamba Convertible NoteNot disclosed$100K
15 Feb 2016Bamba SeedTechstarsNot disclosed

Bamba founders & team

Bamba competitorssame sector · similar funding

  • Stahili

    Stahili is a new Kenya-based e-commerce platform that rewards users for participating in surveys and shopping activities. · Kenya

  • Dalberg Research

    Dalberg Research provides research and analysis that offers clients actionable solutions to their problems. · Kenya

All 3 Business Intelligence startups in Kenya

Frequently asked about Bamba

Where is Bamba based and when was it founded?
Bamba is headquartered in Nairobi, Kenya and was founded in 2012.
Who founded Bamba?
Bamba was founded by Bastian Gotter (Founder & CEO).
Who is the CEO of Bamba?
Bastian Gotter is Bamba's Founder & CEO.
How much funding has Bamba raised?
Bamba has raised $4.7M across 5 disclosed rounds. Its latest, a $3.2M Seed, was announced on May 18, 2022.
Who has invested in Bamba?
Backers include Thomas Stafford, Presight Capital, MPGI, Leonard Stiegeler and 12 others.
What sector is Bamba in?
Bamba operates in Business Intelligence, SaaS and Market Research.