Taeillo

Taeillo is a Nigerian furniture company specialising in African-inspired designs.[1]

Taeillo
TypePrivate
IndustryFurniture E commerce , Retail
Founded2018
Key people
Jumoke Dada (CEO)
Websitetaeillo.com

History

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.

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]

Funding

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]

References
  1. "Taeillo: Meet The Furniture Company Leveraging Tech To Reshape The Face Of Contemporary Design". techbuild.africa. April 15, 2020.
  2. "Meet Jumoke Dada, craftsman who makes afro-urban furniture". Businessday NG. April 9, 2018.
  3. "How Taeillo is using AR/VR to change the experience of furniture shoppers in Africa". techpoint.africa. September 2, 2020.
  4. "'Taeillo is the concept of a home that reflects African beauty'". Guardian Nigeria. October 13, 2018.
  5. "Creatives Cocoon Mentoring Program by Taeillo will showcase aspiring design talent in Furniture, Textile and Lighting Design". Livin Spaces. October 18, 2018.
  6. "HIGHLIGHTS FROM EKO DESIGN EXHIBITION". Terracotta & Silk. November 10, 2021.
  7. "Designed in Africa". CNN. May 6, 2022 – via edition.cnn.com.
  8. "Taeillo's Funding History". StartupList Africa.
  9. "Home". Co-Creation Hub Nigeria (CcHUB).
  10. Kene-Okafor, Tage (December 12, 2022). "Nigerian startup Taeillo raises funding to scale its online furniture e-commerce platform". TechCrunch.
  11. "Taeillo raises $2.5 million fund from new partnership with Aruwa Capital". Technext 24. December 12, 2022.
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