OkadaBooks
Ikoyi, Lagos, Nigeria
How OkadaBooks hit $676.2K revenue and 421.5K customers in 2021.
Developer of a book reading and publishing platform designed to help publish and distribute books across Nigeria and sub-Saharan Africa. The company's platform provides easy publishing and selling of 8,000+ books via online payment option, enabling Nigerian authors to simplify the process of creating, spreading and selling their books in a matter of minutes and users to read books without ever leaving their couch via smartphone.
2013
Founded
$676.2K
2021 Revenue
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YOY
$1.2M
Funding
OkadaBooks Revenue
In 2021, OkadaBooks revenue run rate hit $676.2K in revenue.
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2021
OkadaBooks hit $676.2K in revenue in 2021
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2013
OkadaBooks launched in 2013 with $0 revenue
OkadaBooks Funding History
No funding has been reported for OkadaBooks yet.
Team
OkadaBooks has 20 total employees and 8 sales reps that carry a quota. They have 421,513 customers an engineering team of 7 and a marketing team of 5.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 20 |
| Engineer | 7 (35%) |
| Sales | 8 (40%) |
| Marketing | 5 (25%) |
Founder / CEO
Okechukwu Ofili
Okechukwu Ofili launched OkadaBooks in 2013 as a means of bridging the gap between writers, publishers and readers. Ofili grew up in Lagos, Nigeria and later moved to the United States, where he earned a Mechanical Engineering degree from the University of Houston. He graduated among the top 5 students in his class and returned to Nigeria where he got a job in a top oil and gas firm. In 2010, his writing took off, with his work mostly on BellaNaija and YNaija. He continued to explore his passion for public speaking and storytelling and now has authored two books — How Intelligence Kills and How Stupidity Saved My Life. After the launch of his platform, Ofili quit his job to focus solely on growing his platform which saw it to win MTN App of the year for the African Market in 2013. As at January 2018, the app had recorded over 180,000 registered users and a million ebook downloads. The app is now being used as a source of income by many writers, some who have earned over half a million Naira on the platform. Due to the success of his e-book platform, Ofili has gone on to be named as one of Venture Africa's 40 African Innovators to Watch and a place on the Quartz Africa 2016 Innovators list.
Q&A
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Customers
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OkadaBooks Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Okechukwu Ofili | CEO | [email protected] | - |
OkadaBooks Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Okechukwu Ofili | CEO | [email protected] | - |
Frequently Asked Questions about OkadaBooks
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When was OkadaBooks founded?
OkadaBooks was founded in 2013.
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How much revenue does OkadaBooks generate?
OkadaBooks generates $676.2K in revenue.
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Who is the CEO of OkadaBooks
The CEO of OkadaBooks is Okechukwu Ofili.
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How much funding does OkadaBooks have?
OkadaBooks raised $1.2M.
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How many employees does OkadaBooks have?
OkadaBooks has 20 employees.
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Where is OkadaBooks headquarters?
OkadaBooks is headquartered at Ikoyi, Lagos, Nigeria
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