Mecho Overview

  • Founded
  • 2019
Founded
  • Status
  • Private
  • Employees
  • 39
Employees
  • Latest Deal Type
  • Seed
  • Latest Deal Amount
  • $2.15M
Latest Deal Amount
  • Investors
  • 11

Mecho General Information

Description

Developer of an on-demand auto repair and maintenance platform designed for individuals and businesses in Africa. The company's platform allows users to register and signup for products and services to schedule maintenance and pairs technicians from a network of certified mechanics and automobile technicians, thereby enabling customers to get seamless vehicle maintenance, inspection, and repair services in an easy and hassle-free manner.

Contact Information

Website
www.mechoautotech.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Automotive
Other Industries
Application Software
Other Services (B2C Non-Financial)
Primary Office
  • 10 Hughes Avenue
  • Alagomeji, Yaba
  • Lagos, 101245
  • Nigeria
+234 0700 0000 0000

Mecho Timeline

202020212022
Financing RoundFinancing RoundCaptured Employee CountEstimated Employee Growth
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Mecho Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Seed Round 09-Feb-2022 $2.15M 00.000 Completed Generating Revenue
3. Early Stage VC (Series 1) 22-Nov-2021 00000 Completed Generating Revenue
2. Accelerator/Incubator 21-Jun-2021 $125K $125K 00.000 Completed Startup
1. Early Stage VC 05-Jun-2021 Completed Startup
To view Mecho’s complete valuation and funding history, request access »

Mecho Executive Team (2)

Name Title Board Seat Contact Info
Olusegun Owoade Co-Founder & Chief Executive Officer
Ayoola Akinkunmi Co-Founder & Chief Operating Officer
To view Mecho’s complete executive team members history, request access »

Mecho Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Mecho Investors (11)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Future Africa Venture Capital Minority 000 0000 000000 0
HoaQ Venture Capital Minority 000 0000 000000 0
Silver Squid Angel (individual) Minority 000 0000 000000 0
V8 Capital Partners Venture Capital Minority 000 0000 000000 0
Abdulhamid Hassan Angel (individual) Minority 000 0000 000000 0
You’re viewing 5 of 11 investors. Get the full list »

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