Autochek Africa

Autochek Africa is an Automotive Technology development company that builds solutions aimed at enabling and enhancing commerce within the automotive sector.

Autochek looks to bring the sales and servicing of cars in Africa online.

Autochek Africa was founded in 2020 by Etop Ikpe. The company is headquartered in Lagos, Lagos, Nigeria.

Autochek focuses on solutions that improve access to Auto loans, quality maintenance / aftersales services, warranty solutions, and transactional marketplaces.

Autochek is aimed at creating the digital infrastructure for a new system to better coordinate sales, servicing, and vehicle records of the car market in Nigeria and broader Africa.

 

Autochek has created a network of partners and standards. The company generates revenues through fees charged on consumer transactions and commissions paid by dealers and service shops on the platform. Consumers can sign up and use the Autochek app for free.

 

Autochek has raised $3.4M in a pre-Seed funding round on Nov 18, 2020. The financing was co-led by TLcom Capital and 4DX ventures, with participations from Golden Palm Investments, Lateral Capital, MSA Capital, and Kepple Africa Ventures also joined the investment round.

 

 

  • Year founded: 2020
  • Funding Info: $3.4M over 1 Round (Latest Funding Type: Pre-Seed)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: NA
  • City/Town: Lagos
  • State: Lagos
  • Country: Nigeria
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