Peach Cars KE

e-commerce solution revolutionizing car ownership in sub-Saharan Africa.

General Information
Company Name
Peach Cars KE
Founded Year
2020
Location (Offices)
Nairobi, Kenya +2
Founders / Decision Makers
Number of Employees
34
Industries
Marketplaces, Automotive
Funding Stage
Seed
Social Media

Peach Cars KE - Company Profile

Peach Cars KE is an e-commerce solution that is aiming to revolutionize car ownership in sub-Saharan Africa. Launched in 2020, this innovative startup has positioned itself as an automotive marketplace. It leverages technology and robust offline operations to address pain points in the market for locally-used vehicles, ultimately delivering quality, convenience, and value to its customers. Peach Cars KE goes beyond simply selling cars; it believes that cars are a gateway to experiences, relationships, and opportunities that make life worth living. The company's ambitious goal is to build Africa's first full-stack automotive service, encompassing all aspects of car ownership while consistently delighting customers at every step of the journey. In a significant milestone, Peach Cars KE secured a $5.00M Seed Round investment on 15 June 2023. The investment came from notable backers, including The University of Tokyo Edge Capital, Hiroaki Ohta, Peter Kenevan, Shintaro Yamada. With its compelling vision and recent infusion of capital, Peach Cars KE is poised to make waves in the sub-Saharan Africa automotive market.

Taxonomy: automotive marketplace, technology, locally-used vehicles, convenience, value, full-stack automotive service, car ownership, marketplace, vehicle information, hassle-free transactions, customer delight, Sub-Saharan Africa

Funding Rounds & Investors of Peach Cars KE (1)

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Funding Stage Amount No. Investors Investors Date
Seed Round $5.00M 4 Hiroaki Ohta, Peter Kenevan +1 15 Jun 2023

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