After successfully completing Google training, Kenyan Online retailer and leisure experiences booking service Cloud9xp is seeking to raise up to $500,000 to accelerate its expansion plans.
Launched in 2015 by fourth-year college friends Emmanuel Miriti, Tesh Mbaabu and Mesongo Sibuti, Cloud9xp Cloud9 is an online retailer of experiences and merchandise, selling a range of outdoor activities and branded apparel.
The three started off the startup as a retailer of “High On Life” apparel, and pivoted into an experience/leisure company one year later, as we looked to assist positive, fun-seeking free spirits like ourselves in looking for amazing experiences all over the continent.
Cloud Nine Africa Limited’s Tesh Mbaabu, Mesongo Sibuti and Daisy Isiaho said the firm is raising round of funding after completing Google developers Launch Pad programme.
“We put in around Sh8 million when we launched Cloud9 but now we are looking to raise $500,000 (Sh50 million) for marketing, get our brand out and increase the database for experiences,” said Mr Mbaabu, Cloud9 chief executive said in an interview at IMPACT HUB Lagos.
Towards late 2017, the startup raised over $74,000 (Kshs 7.5 million) from two lions, Darshan Chandaria and Wandia on an episode of KCB Lion’s Den.
He said the company targets to expand to South Africa because of its huge tourism market that attracts more than 20 million tourists annually.