Fundraising Fox

Shekel Mobility

YC W23

Lagos, NG · Founded 2022 · 18 employees · 11 known investors

Shekel Mobility is a B2B marketplace and management system that provides auto dealerships with financial services (including credit facilities), operational automation, and cross-border transaction capabilities across emerging markets.

Also known as Shekel Mobility Limited

B2B MarketplacesFintechMobility & TransportationB2BNeobankNigeriaUnited States of AmericaAfricaAmerica / Canada

Founders & leadership· Y Combinator alumni (W23)

Shekel Mobility was founded in 2022 by Benjamen Oladokun, Valentine Mayaki, and Sanmi Olukanmi.

BOBenjamen Oladokun
Benjamen OladokuninFounderBenjamen founded his first company at age 17 and has led teams developing mobility products in sub-Saharan Africa. He founded Shekel Mobility.
VMValentine Mayaki
Valentine MayakiinFounderValentine Mayaki is a software engineer with over a decade of experience building applications across fintech and other sectors. He previously worked at Nextravel and Andela.
SOSanmi Olukanmi
Sanmi OlukanmiinCo-FounderHe has founded and exited multiple automotive ventures over the past decade, with experience in sourcing, business strategy, and growth. He studied Engineering Physics at Obafemi Awolowo University.
SO
Seun OkunfolamiChief Product Officer

Investors · 11

Also in the syndicate · 5

Heirloom VCMaiora CapitalPageOne Lab Inc.Phoenix Investment ClubPioneer Ventures

Funding

SEC filings, press & company announcements

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

The YC application· Winter 2023 batch

What they told YC

Describe what your company does in 50 characters or less.
The company describes itself as a neobank and trading platform for car dealerships.
How long have each of you been working on this? How much of that has been full-time? Please explain.
The founders have worked on the company for over 20 months, part-time for the first 15 months before all moving to full-time.

Summarized from the founders' answers on their Y Combinator profile.

Images

Shekel Mobility photo

In the news

Frequently asked questions

What does Shekel Mobility do?
Shekel Mobility is a B2B marketplace and management system that provides auto dealerships with financial services (including credit facilities), operational automation, and cross-border transaction capabilities across emerging markets.
Who founded Shekel Mobility?
Shekel Mobility was founded by Benjamen Oladokun, Valentine Mayaki, Sanmi Olukanmi in 2022.
Who are Shekel Mobility's investors?
Shekel Mobility's investors include Cross Culture Ventures, MaC Venture Capital, Ventures Platform, Y Combinator, Rebel Fund, Unpopular Ventures.
Where is Shekel Mobility headquartered?
Shekel Mobility is headquartered in Lagos, NG.