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		<title>Eden Life raises $1.4M seed to supply residence companies to busy Africans – TechCrunch</title>
		<link>https://losgatosnewsandevents.com/eden-life-raises-1-4m-seed-to-supply-residence-companies-to-busy-africans-techcrunch/</link>
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		<pubDate>Sun, 19 Dec 2021 01:07:06 +0000</pubDate>
				<category><![CDATA[Home services]]></category>
		<category><![CDATA[14M]]></category>
		<category><![CDATA[Africans]]></category>
		<category><![CDATA[busy]]></category>
		<category><![CDATA[Eden]]></category>
		<category><![CDATA[home]]></category>
		<category><![CDATA[life]]></category>
		<category><![CDATA[Provide]]></category>
		<category><![CDATA[raises]]></category>
		<category><![CDATA[seed]]></category>
		<category><![CDATA[services]]></category>
		<category><![CDATA[TechCrunch]]></category>
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					<description><![CDATA[<p>Life in Lagos, Nigeria&#8217;s trading city, is not for the faint of heart. The city with around 14 million inhabitants is the largest in sub-Saharan Africa. And due to traffic jams and long hours, most busy professionals find it difficult to cope with everyday tasks like cooking or cleaning the house. Although restaurants and household &#8230;</p>
<p>The post <a href="https://losgatosnewsandevents.com/eden-life-raises-1-4m-seed-to-supply-residence-companies-to-busy-africans-techcrunch/">Eden Life raises $1.4M seed to supply residence companies to busy Africans – TechCrunch</a> appeared first on <a href="https://losgatosnewsandevents.com">Los Gatos News And Events</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p></p>
<p id="speakable-summary"><span style="font-weight: 400;">Life in Lagos, Nigeria&#8217;s trading city, is not for the faint of heart.  The city with around 14 million inhabitants is the largest in sub-Saharan Africa. </span></p>
<p><span style="font-weight: 400;">And due to traffic jams and long hours, most busy professionals find it difficult to cope with everyday tasks like cooking or cleaning the house</span><span style="font-weight: 400;">.</span></p>
<p><span style="font-weight: 400;">Although restaurants and household cleaning companies offer options for people who want to outsource these tasks, the market is still open to providers who can offer more convenience and quality</span><span style="font-weight: 400;">.</span></p>
<p><span style="font-weight: 400;">Eden life, </span><span style="font-weight: 400;">strategically</span><span style="font-weight: 400;">    Positioning itself as the premier platform for home service needs has raised a $ 1.4 million seed round to increase its market share</span><span style="font-weight: 400;">.</span></p>
<p><span style="font-weight: 400;">LocalGlobe, a UK-based venture capital company, led the way. </span><span style="font-weight: 400;">Africa-focused VCs Samurai Incubate, Future Africa, Village Global, Rising Tide Africa and Enza Capital took part</span><span style="font-weight: 400;">.</span></p>
<p><span style="font-weight: 400;">In 2019 Nadayar Enegesi, Prosper Otemuyiwa and Silm Momoh founded Eden Life. </span><span style="font-weight: 400;">The platform enables customers to schedule three housekeeping services &#8211; eating, laundry and cleaning &#8211; via a mobile application</span><span style="font-weight: 400;">.</span></p>
<p><span style="font-weight: 400;">When the founders, Ex-Andelans (a term to describe former Andela employees), launched the home service app two years ago, it caused quite a few eyebrows</span><span style="font-weight: 400;">. </span><span style="font-weight: 400;">At that time, founders were increasingly launching projects in the fintech, e-commerce and logistics sectors, so it was surprising to see Enegesi and his co-founders move into an area that many believed was not profitable for a technology company in Nigeria. </span></p>
<p><span style="font-weight: 400;">&#8220;The reason was personal for us,&#8221; said Enegesi, CEO of the startup and co-founder of Unicorn Andela, in an interview. </span><span style="font-weight: 400;">The founders started talking about the concept of home services </span><span style="font-weight: 400;">simple</span><span style="font-weight: 400;">    when the now popular idea that Nigerians were en masse to leave in search of greener pastures took shape</span><span style="font-weight: 400;">.</span></p>
<p><span style="font-weight: 400;">Enegesi could understand why people really wanted to move. </span><span style="font-weight: 400;">Comparing his previous stay in Toronto with Lagos, the CEO found that his quality of life in a city that has been described in several reports as one of the worst places in the world has been massively affected</span><span style="font-weight: 400;">.</span></p>
<p><span style="font-weight: 400;">While widespread stressors such as inadequate power supplies and poor roads are out of reach for citizens, the founders believed that the provision of domestic services such as food delivery and laundry was within reach and would improve the quality of life for some urban workers</span><span style="font-weight: 400;">.</span></p>
<p><span style="font-weight: 400;">After Eden Life.  raised a $ 600,000 pre-seed round for family and friends, </span><span style="font-weight: 400;">started to aim</span><span style="font-weight: 400;">    Millennials and Gen Zs that </span><span style="font-weight: 400;">hectic lives, especially in the tech field who work as executives, developers and freelancers</span><span style="font-weight: 400;">.</span></p>
<p id="caption-attachment-2217257" class="wp-caption-text"><strong>Credit:</strong> Eden life</p>
<p><span style="font-weight: 400;">Customers can subscribe to one or three of the services, and according to the company, people try their food services before the others and it&#8217;s not hard to see why.</span><span style="font-weight: 400;"> </span></p>
<p><span style="font-weight: 400;">Initially, Eden employed a simple distribution model of delivering groceries selected by customers from a variety of third-party suppliers</span><span style="font-weight: 400;">.  But the process soon became a challenge for the company </span><span style="font-weight: 400;">of a</span><span style="font-weight: 400;">    Quality point of view.</span></p>
<p><span style="font-weight: 400;">&#8220;You are </span><span style="font-weight: 400;">simple</span><span style="font-weight: 400;">    so many questions about standards.  We have learned that many of these small service companies do not have the tools or equipment to deliver at a high level, ”said Enegesi.  “We learned that many of them have no training for their employees.  We have learned that they do not have the right business processes in order to be able to output the same quality every time. &#8220;</span></p>
<p><span style="font-weight: 400;">At the end of last year, the company realized it had to invest in setting and building these standards if it was to deliver the best customer experience.</span><span style="font-weight: 400;">. </span><span style="font-weight: 400;">What followed was a vertical integration with the grocery department when Eden launched its kitchen and is now producing its meals. </span><span style="font-weight: 400;">significant</span><span style="font-weight: 400;">    Enhancing the dining experience for customers</span><span style="font-weight: 400;">.</span></p>
<p><span style="font-weight: 400;">Access to laundry and house cleaning services is available </span><span style="font-weight: 400;">easy</span><span style="font-weight: 400;">    however different. </span><span style="font-weight: 400;">For the former, Eden works with established laundromats in various locations in Lagos and has a network of freelancers that it trains quarterly to do the cleaning</span><span style="font-weight: 400;">.  Then logistics company Gokada handles about 75% of the company&#8217;s food and laundry deliveries.</span></p>
<p><span style="font-weight: 400;">What is the traction like for the company?  For my part, I am an avid user of Eden&#8217;s food service and more than</span><span style="font-weight: 400;">    600 people use one to three of the services.  The average customer uses two services five times a week.</span></p>
<p><span style="font-weight: 400;">Across the board, customers pay an average subscription of $ 100 per month &#8211; a fee that can and can cover a daily meal plan or weekly cleaning </span><span style="font-weight: 400;">biweekly</span><span style="font-weight: 400;">    Laundry schedule</span><span style="font-weight: 400;">. </span><span style="font-weight: 400;">These plans are monitored by trained professionals called gardeners who are in constant communication with Eden users to provide prompts and receive feedback.</span></p>
<p><span style="font-weight: 400;">A quick calculation of the customer base and average subscription shows that Eden has about $ 60,000 in monthly revenue. </span><span style="font-weight: 400;">However</span><span style="font-weight: 400;">, the CEO declined to comment on any particular number, just saying that the company had more sales than the proposed number.  </span></p>
<p><span style="font-weight: 400;">According to LocalGlobe General Partner Remus Brett, Eden&#8217;s customer obsession and attention to detail stood out along with a key first mover advantage for the main investor</span><span style="font-weight: 400;">.</span></p>
<p><span style="font-weight: 400;">He said his company &#8220;fell in love with Eden Life&#8217;s vision for the future of home services in Africa&#8221; ​​and that &#8220;combining that advantage with a core team with a proven track record of building African technology to an unrivaled level makes Eden Life an exciting one.&#8221; Brings away &#8220;.  of growth</span><span style="font-weight: 400;">. &#8221; </span></p>
<p><img decoding="async" aria-describedby="caption-attachment-2217255" loading="lazy" class="size-large wp-image-2217255" src="https://techcrunch.com/wp-content/uploads/2021/10/61E821B6-52B0-4C78-9F90-5104490E1D48.jpeg?w=680" alt="Eden life" width="680" height="385" srcset="https://techcrunch.com/wp-content/uploads/2021/10/61E821B6-52B0-4C78-9F90-5104490E1D48.jpeg 1200w, https://techcrunch.com/wp-content/uploads/2021/10/61E821B6-52B0-4C78-9F90-5104490E1D48.jpeg?resize=150,85 150w, https://techcrunch.com/wp-content/uploads/2021/10/61E821B6-52B0-4C78-9F90-5104490E1D48.jpeg?resize=300,170 300w, https://techcrunch.com/wp-content/uploads/2021/10/61E821B6-52B0-4C78-9F90-5104490E1D48.jpeg?resize=768,435 768w, https://techcrunch.com/wp-content/uploads/2021/10/61E821B6-52B0-4C78-9F90-5104490E1D48.jpeg?resize=680,385 680w, https://techcrunch.com/wp-content/uploads/2021/10/61E821B6-52B0-4C78-9F90-5104490E1D48.jpeg?resize=50,28 50w" sizes="auto, (max-width: 680px) 100vw, 680px"/></p>
<p id="caption-attachment-2217255" class="wp-caption-text"><strong>Credit:</strong> Eden life</p>
<p><span style="font-weight: 400;">Since its inception, Eden Life has provided over 60,000 services in Lagos alone.  The company has yet to penetrate other markets in Nigeria and will not use these funds to do so. </span><span style="font-weight: 400;">Instead, Eden plans to build its in-house technology, scale its team, and use food production facilities and operational centers for sales (which provides an opportunity to explore the dark kitchen model).</span><span style="font-weight: 400;">.</span></p>
<p><span style="font-weight: 400;">&#8220;Lagos is a tough market and we have to make sure everything works,&#8221; said Enegesi.  “We had to keep working on the fine-tuning and are currently concentrating on making things run very smoothly here.  After that we will have talks about where to expand next. &#8220;</span></p>
<p><span style="font-weight: 400;">Africa is the fastest urbanizing continent in the world with a growing middle class. </span><span style="font-weight: 400;">And although Eden Life does not plan to penetrate other markets, some regional players such as the home cleaning service SweepSouth are currently moving into the West African country</span><span style="font-weight: 400;">.</span></p>
<p><span style="font-weight: 400;">But Enegesi is not worried;  the models are very different. </span><span style="font-weight: 400;">Eden operates horizontally combining grocery, laundry and house cleaning services, while SweepSouth takes a more vertical approach to house cleaning</span><span style="font-weight: 400;">.</span></p>
<p><span style="font-weight: 400;">From a lean model perspective, it seems a better model to run a single service and add more as you scale than to run three services </span><span style="font-weight: 400;">simultaneously</span><span style="font-weight: 400;">.  Nevertheless, the expansive model has worked perfectly for Eden so far.</span></p>
<p><span style="font-weight: 400;">&#8220;Our strength is operational complexity because solving any of these things is not going to give our customers the experience we want,&#8221; said the CEO.</span><span style="font-weight: 400;">    “It is important that we create a complete living experience for people, and does that mean it can take longer than other things?  Sure, but it also means that people will have a hard time going up against us.  As I said, it&#8217;s personal and there has to be something like that.  and </span><span style="font-weight: 400;">Happily,</span><span style="font-weight: 400;">    We are the ones who can do it. &#8220;</span></p>
<p><span style="font-weight: 400;">Although Eden has a vertical integration strategy to own and manage its entire supply chain and deliver its services without the need for third party vendors, it will also bring more horizontal products to market in the coming months</span><span style="font-weight: 400;">.</span></p>
<p>The post <a href="https://losgatosnewsandevents.com/eden-life-raises-1-4m-seed-to-supply-residence-companies-to-busy-africans-techcrunch/">Eden Life raises $1.4M seed to supply residence companies to busy Africans – TechCrunch</a> appeared first on <a href="https://losgatosnewsandevents.com">Los Gatos News And Events</a>.</p>
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