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Soko Funding & Investors

San Francisco, CA

SOKO is a manufacturing platform built using mobile technology to connect independent, distributed artisans to the global marketplace. Its technology suite and mobile app organize over 2300 independent, artisans throughout Kenya to manufacture their jewelry. It has created an efficient and demand-responsive virtual factory. Millenials and Gen Z consumers are constantly looking for brands that align with their values and are opting for brands that adopt sustained and measurable social impact. Its business model and BCorp certification validate and distinguish us from our competition. Its model also provides economic opportunity and financial inclusion for marginalized artisans who are now earning 4.8X more than an average Kenyan workshop. So, unlike centralized factory production, they are using technology to empower human capital, not displace it.

joinsoko.com

Total Amount Raised: $8,314,992

Soko Funding Rounds

  • Series A

    $2,575,000

    Series A Investors

    Novastar Ventures
    Unreasonable
  • Convertible Note

    $1,000,000

  • Convertible Note

    $1,000,000

  • Convertible Note

    $1,000,000

  • Series A

    $1,380,000

    Series A Investors

    Novastar Ventures
    Unreasonable
  • Seed

    $659,995

  • Series A

    $699,997

    Series A Investors

    Novastar Ventures
    Cordes Foundation
    Pipeline Angels
    Unreasonable
    Grassroots Business Fund
Funding info provided by Diffbot.