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Somo Revenue and Competitors

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Nairobi,

Location

N/A

Total Funding

NonProfit

Industry

Estimated Revenue & Valuation

  • Somo's estimated annual revenue is currently $15.7M per year.(i)
  • Somo's estimated revenue per employee is $140,000

Employee Data

  • Somo has 112 Employees.(i)
  • Somo grew their employee count by -30% last year.

Somo's People

NameTitleEmail/Phone
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$35M27534%N/AN/A
#2
$15M42730%N/AN/A
#3
$15M1409%N/AN/A
#4
$750M250790%N/AN/A
#5
$15M862%N/AN/A
#6
$7.5M38-5%N/AN/A
#7
$7.5M14515%N/AN/A
#8
$7.5M585%N/AN/A
#9
$7.5M1032%N/AN/A
#10
$15M18310%N/AN/A
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What Is Somo?

Somo is a business accelerator that supports social entrepreneurs working to transform low-income communities. We invest in community-led initiatives and provide the resources entrepreneurs need to build sustainable enterprises. These resources include business training, funding, access to new markets and tailored advising and mentorship.

keywords:N/A

N/A

Total Funding

112

Number of Employees

$15.7M

Revenue (est)

-30%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Somo News

2022-04-20 - SoMo sees 25pc rise in second charge lending

SoMo has seen a 25 per cent rise in second charge lending in the last 12 months, as businesses look to grow post-pandemic.

2022-04-19 - Q&A: Alaa al-Yassiri, director general of SOMO

Q&A: Alaa al-Yassiri, director general of SOMO. The head of Iraq's state oil marketer discusses expanding and diversifying export routes and the...

2022-04-17 - Minority-owned businesses net unprecedented bid awards in SoMo Walls redevelopment

SoMo Walls, a $5 million redevelopment project off of South Monroe Street between Oakland Avenue. Bids given to minority-owned businesses for...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$35.7M117-27%N/A
#2
$24.1M12046%N/A
#3
$69.7M13216%$5M
#4
$23.1M14019%N/A
#5
$64.1M14549%$99M