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
Usage-Based SaaS, Subscription SaaS
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Electric Transits Africa Comparables
Compare Electric Transits Africa with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Equator Mobility | 85% | |
| Kabisa | 78% | |
| Jufan Industrial Co., Ltd. | 77% |
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.
- Oct 23, 2024
$18M raised from British International Investment and DFC.
- Dec 5, 2023
$5M round led by British International Investment.
Electric Transits Africa Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
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Request accessFrequently Asked Questions
Common questions about Electric Transits Africa's valuation, stock price, and market status.
Is Electric Transits Africa a public or private company?
Electric Transits Africa is a private company.
What is the current stock price of Electric Transits Africa?
Electric Transits Africa is a private company with no public stock price. No recent secondary market data is available.
How much is Electric Transits Africa worth (valuation)?
Valuation information for Electric Transits Africa is not publicly available.
Can I buy Electric Transits Africa stock?
Electric Transits Africa shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.
When was Electric Transits Africa's last funding round?
Electric Transits Africa's most recent funding round was Series A on October 23, 2024.
Who are the main investors in Electric Transits Africa?
Key investors in Electric Transits Africa include Novastar Ventures, Africa50.
Will Electric Transits Africa IPO soon?
No public IPO plans have been announced for Electric Transits Africa.
How can I track Electric Transits Africa secondary market activity?
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