Alerzo, a Nigerian business to business e-commerce retail startup, has secured $10.5 million in its new round of funding.

Nosara Capital conducted the recent round with participation from FJ Labs and family offices from the U.S., Europe and Asia.

With the Series A investment round, Alerzo has so far raised total funding of $20 million to date.

Alerzo is planning to use the fresh capital to expand operations and its business reach.