Jibu

company

About

Jibu capitalizes and equips entrepreneurs to establish affordable access to basic necessities.

  • Colorado Springs,Colorado,United States
  • 101 - 250

Details

Last Funding Type
Series B
Last Funding Money Raised
$7M
Industries
Social Entrepreneurship,Water
Founded date
Jan 1, 2012
Number Of Employee
101 - 250
Operating Status
Active

Jibu provides a comprehensive, turn-key start-up package for local entrepreneurs to start their own neighborhood businesses by treating and packaging water in reusable bottles.

450 million East Africans do not have reliable access to safe drinking water. Jibu currently works within this emerging market in the Democratic Republic of the Congo, Rwanda and Uganda and plans to expand to surrounding countries in the coming years.

Jibu provides seed-financing and support to equip East African entreprenerus with the materials needed to launch safe drinking water franchises. Jibu offers an opportuntiy for local entrepreneurs to make drinking water 75% cheaper than bottled water, at the same price as boiling water, but with the convenience of door-side delivery and the aspirational association with bottled water.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
$8.10M
Jibu has raised a total of $8.10M in funding over 2 rounds. Their latest funding was raised on Feb 1, 2018 from a Series B round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Feb 1, 2018 Series B $7M 7 Detail
Jan 1, 2018 Debt Financing 1 Detail
Jul 2, 2015 Series Unknown 1 Detail
Jan 15, 2015 Series A $1.10M Detail

Employee Profiles

Number of Employee Profiles
1
Jibu has 1 current employee profiles, including Executive Galen Welsch
Executive