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Mecho Autotech

YC S21

Lagos, NG · Founded 2021 · 35 employees · 15 known investors

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Mecho Autotech operates a mobile app and network of verified mechanics and parts suppliers that connects vehicle owners in Africa with maintenance and repair services, offering an alternative to expensive branded garages and unvetted roadside mechanics.</description> </invoke>

Also known as Mecho Autotech Ltd

Advanced ManufacturingE-commerceMarketplacesMobility & TransportationAuto CommerceMarketplaceUnited States of AmericaNigeriaAmerica / CanadaAfrica

Founders & leadership· Y Combinator alumni (S21)

Mecho Autotech was founded in 2021 by Olusegun Owoade.

OOOlusegun Owoade
Olusegun OwoadeFounder, Operations, Strategy & ManagementOlusegun Owoade has over a decade of experience in actuarial and risk consulting at major firms including Ernst & Young and Kobo360, where he served as Chief Risk Officer. He holds a postgraduate diploma in Actuarial Science from the University of Leicester and a bachelor's degree in Statistics from LAUTECH.
MA
Matthew AriyoFounder
SO
Segun OwoadeFounder
AA
Ayoola AkinkunmiFounderuntil 2023

Investors · 15

Future Africalisted by Future AfricaLagos · $100K – $500K

How we know: Future Africa's portfolio page · funding news · africa.businessinsider.com · Y Combinator's founder network · Not right? Tell us

Global Brainlisted by Global BrainTokyo · $100K

How we know: Global Brain's portfolio page · funding news · techcrunch.com · open dataset · 5k.vc investor directory · Not right? Tell us

Ingressive Capitallisted by Ingressive CapitalLagos · $500K

How we know: Ingressive Capital's portfolio page · incubees.com · Not right? Tell us

Ventures Platformlisted by Ventures PlatformAbuja · $50K – $1M

How we know: Ventures Platform's portfolio page · funding news · techcrunch.com · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us

Y Combinatorlisted by Y CombinatorSan Francisco · $500K

How we know: the Y Combinator directory · open dataset · 5k.vc investor directory · Not right? Tell us

Cathexis VenturesreportedHouston · $250K – $1Mvia Mark Friday · inferred

How we know: africa.businessinsider.com · the VCSheet dataset · Y Combinator's founder network · Not right? Tell us

Cresset CapitalreportedAtlanta

How we know: Y Combinator's founder network · Not right? Tell us

Harvard Management CompanyreportedAllston

How we know: Y Combinator's founder network · Not right? Tell us

HoaQreported$25K – $350K

How we know: Y Combinator's founder network · Not right? Tell us

Tekedia CapitalreportedLagos · $1K

How we know: africa.businessinsider.com · Y Combinator's founder network · Not right? Tell us

V8 Capital PartnersreportedLagos

How we know: africa.businessinsider.com · Y Combinator's founder network · Not right? Tell us

Also in the syndicate · 3

Hoaq CapitalSilver SquidUncovered Fund

Funding

SEC filings, press & company announcements

$4.5M disclosed across 2 rounds · 2022–2023

Source: company announcements and press reports — follow each round's link for the claim.

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KoviKovi provides vehicle rental services for rideshare and delivery app drivers in Brazil, with options for monthly rentals and purchase plans that include maintenance, roadside support, and flexible payment based on kilometers driven.
CovetlyA marketplace where collectors buy, sell, and trade collectible items such as vinyl toys, comics, and similar merchandise.

Companies working in the same space as Mecho Autotech.

Legal entities · 1

corporate structure
Mecho Autotech Inc

In the news

Mecho Autotech raises $2.4M, ventures into wholesale spare parts distribution | TechCrunchtechcrunch.com · Sep 2023Mecho Autotech gets $2.15M to expand vehicle maintenance and repair services in Nigeria – TechCrunchtechcrunch.com · Feb 2022

Frequently asked questions

What does Mecho Autotech do?
Mecho Autotech operates a mobile app and network of verified mechanics and parts suppliers that connects vehicle owners in Africa with maintenance and repair services, offering an alternative to expensive branded garages and unvetted roadside mechanics.</description> </invoke>
Who founded Mecho Autotech?
Mecho Autotech was founded by Olusegun Owoade in 2021.
Who are Mecho Autotech's investors?
Mecho Autotech's investors include Ajim Capital, Future Africa, Global Brain, Ingressive Capital, Ventures Platform, Y Combinator, Cathexis Ventures, Cresset Capital and 4 more.
How much funding has Mecho Autotech raised?
Mecho Autotech has disclosed $4.5M raised across 2 rounds.
Where is Mecho Autotech headquartered?
Mecho Autotech is headquartered in Lagos, NG.