Amount Raised
$2.4 Million
Round Type
Seed
LagosFinancial ServicesFinanceDescription
Mecho Autotech, a startup offering automotive spare parts, vehicle repairs and maintenance services, has raised a $2.4 million pre-Series A round. The firm targets the Nigerian market, where 90% of the country’s more than 12 million registered cars (mainly used) require regular maintenance to avoid recurring breakdowns.
Quick answer
Mecho Autotech raised $2.4 Million in a Seed round, dated September 14, 2023. Mecho Autotech is based in Lagos, Lagos State, Nigeria.
- How much did Mecho Autotech raise?
- Mecho Autotech raised $2.4 Million in a Seed round on September 14, 2023.
- What does Mecho Autotech do?
- We are a company with a large network of seasoned technicians available for all your vehicle Repair and Maintenance needs.
- Where is Mecho Autotech based and how big is it?
- Mecho Autotech is based in Lagos, Lagos State, Nigeria.
- Who are the decision-makers at Mecho Autotech?
- Fundz holds 1 contact at Mecho Autotech. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Finance around the same time
Companies in the same sectors as Mecho Autotech that raised within 45 days of this round, from Fundz verified event records.
- Iink raised $12M (Series A) on October 19, 2023.
- Finzly raised $10M on October 16, 2023.
- Streamex Corp. raised $861K (Seed) on October 12, 2023.
- Untangled Finance raised $14M (Funding Round) on October 11, 2023.
- ZSuite Technologies, Inc. raised $3.2M (Series A) on October 11, 2023.
- Beeline Holdings raised $6.5M on September 29, 2023.
Who to call at Mecho Autotech, and when
A new round usually means Mecho Autotech is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Mecho Autotech raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Mecho Autotech, from your own LinkedIn network
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Related People
Mecho Autotech raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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