Type | Private |
---|---|
Industry | Furniture E commerce , Retail |
Founded | 2018 |
Key people | Jumoke Dada (CEO) |
Website | taeillo |
Taeillo is a Nigerian furniture company specialising in African-inspired designs. [1]
The company was founded by Jumoke Dada in 2018. [2] [3] [4]
In December 2018, Taeillo ran an exhibit to showcase new designers of furniture, textile and lighting. [5]
In February 2020, Taeillo set up an augmented reality exhibition at Lagos social media week.[ citation needed ]
In October 2021, Taeillo held an exhibition at Eko Design series during Lagos Design Week [6]
In June 2022, Taeillo was featured on CNN's Inside Africa. [7]
Taeillo raised about $3 million in funding over three rounds, starting from a $365, 000 pre-seed round in 2019. [8] Its first round was backed by Montane Capital, Co-Creation Hub (CcHub) and B-Knight. In January 2021, CcHub added another $150,000 investment. [9] In December 2022 the company raised $2.5 million in seed funding from Lagos-based investor Aruwa Capital Management, to help it scale its existing operations in Kenya. [10] [11]
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