Printivo.com secures seed funding to drive digital printing

Printivo.com, Nigeria-based digital printing startup has closed on seed financing from early-stage technology venture capital firm, EchoVC Partners. The six-figure investment will be used to significantly broaden the company’s product range, increase headcount, accelerate customer acquisition and scale the business. Initially servicing Nigeria’s booming SME sector, Printivo is poised to capitalise on and grow Nigeria’s […]

Printivo.com, Nigeria-based digital printing startup has closed on seed financing from early-stage technology venture capital firm, EchoVC Partners.
The six-figure investment will be used to significantly broaden the company’s product range, increase headcount, accelerate customer acquisition and scale the business.
Initially servicing Nigeria’s booming SME sector, Printivo is poised to capitalise on and grow Nigeria’s $200m print market, which has until now, had no credible online presence.
Speaking on the investment, Olu’yomi Ojo, Printivo co-founder and CEO, said: “Securing institutional seed financing means we can accelerate the growth of our online print services & community platform and achieve the ambitious targets we have set for ourselves, as we transform an industry that has, until now, lacked digital infrastructure, investment and innovation. We can now transition print from bricks & mortar ‘mom-and-pop’ stores that struggle to scale and meet quality requirements, to online ordering and direct delivery, while enabling job creation and distribution. We are in the process of removing the friction for companies that want access to great design, transparent pricing, high quality products and fast turnaround on orders. Simple, yes, but something local printers have historically been unable to provide.”