Electric Transits Africa
PrivateLast Round
Series A
Oct 23, 2024
Total Funding Raised
$59.9M
Company Overview
Electric Transits Africa is an e-mobility company that provides electric vehicle leasing, maintenance, insurance, and charging infrastructure services to commercial clients in East Africa.
Sector
Mobility, Transportation & Logistics
Verticals
Electric Vehicles, EV Charging, Fleet Management, Clean Transportation
Business Model
B2B
Customer Profile
Subscription SaaS, Usage-Based SaaS
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Electric Transits Africa Comps
Public and private peers based on sector, stage, and business model.
| Company | Status | Est. Valuation | Rev Multiple |
|---|---|---|---|
| OpenAI | Private | $86.0B | ~40x |
| Cohere | Private | $5.0B | -- |
| Competitor 1 | Public | $XX.XB | XXx |
| Competitor 2 | Public | $XX.XB | XXx |
Electric Transits Africa Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series A | Oct 23, 2024 | ||||
| Debt | Oct 23, 2024 | ||||
| VC Round | Apr 3, 2024 | ||||
| Debt | Dec 5, 2023 | ||||
| Grant | Nov 1, 2023 | ||||
Seed | Nov 1, 2022 |
Electric Transits Africa Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| USAID | Grant |
| Novastar Ventures | Series A, Seed |
| Mobility 54 Investment | VC Round, Series A, Seed |
| Spring Ventures | Seed |
| Climate Capital | Seed, Pre Seed |
| Africa50 | Series A |
| My Climate Journey Collective | Seed |
Market signals
Structured signals derived from secondary market and firmographic data.
- Dec 5, 2023
$5M round led by British International Investment.
Electric Transits Africa Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Electric Transits Africa's valuation, stock price, and market status.