Tech firm OkHi raises Sh77m from investors for expansion

The startup has received $750,000 (Sh77 million) in funding. PHOTO | FILE 

By John Gachiri

In Summary

• US-based Garage Capital and Google’s former chief financial officer Patrick Pichette are some of the investors in the Nairobi-based tech startup.

OkHi, a Kenyan startup which designs physical address systems, has received $750,000 (Sh77 million) in funding from local and international investors.

US-based Garage Capital and Google’s former chief financial officer Patrick Pichette are some of the investors in the Nairobi-based tech startup.

OkHi, which was started in early 2014, allows users to get an address that consists of a GPS point and a photo of the user’s gate. These two sets of data make it easier for taxi, ambulance and courier service providers to know the exact physical address of the user which shortens delivery time.

Juniper Kitchen, a Nairobi-based pub, and online retail store Jumia are some of the companies that are using OkHi for deliveries

“We couldn’t be more excited about the investors who we have onboard, not only do they help validate the opportunity ahead of us, but more importantly they bring a huge amount of experience to the business that will be critical to our success,” said OkHi co-founder and chief executive Timbo Drayson in a statement.

The address can be shared through a mobile phone app.

OkHi has already mapped addresses on Ngong Road, in Lavington, Kilimani and Westlands suburbs of Nairobi.

The startup says that the addresses can also be used by financial institutions and other service providers. The funds will be used to support operations.