Yebo Fresh : Bridge Round Opportunity

​Yebo Fresh is an ecommerce platform that brings quality goods and services to South Africa’s township market (or ‘Mass Market’), which is worth over USD 17bn annually and is growing faster than formal retail. 

​In the three short years since its inception, Yebo Fresh has grown to serve 25+ major township communities in the greater Cape Town and Johannesburg areas, including 2,800 township outlets and generating annual sales of R42m for the 2022 financial year. 

​The township economy is ready for a digital revolution and Yebo Fresh aspires to firmly establish its position as SA’s leading township ecommerce platform. 

​Yebo Fresh is currently looking to raise a bridge round in order to expand its tech team, regional coverage and product offering. The round is being anchored by two current investors, with this additional opportunity available to select investors for a limited allocation, at a minimum of $1000 a share.

​Join the simple.Capital() team on Tuesday, 29 March 2022 at 19:00 SAST with the Founder of Yebo Fresh, Jessica Boonstra, and board member and author of Third World Child and Kasinomics, GG Alcock. We will be discussing their current traction, their future plans, as well as their upcoming investment round and how investors can participate and invest.

​Access the deal memo here.