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Autochek
Automotive marketplace offering car sales, financing, and maintenance services with extensive vehicle data and inspection options
About Autochek
Autochek Africa operates as a comprehensive automotive marketplace in Nigeria, facilitating the buying and selling of both new and used cars. The platform serves individual car buyers, sellers, and dealers by providing a seamless experience through its extensive database of vehicle listings, which includes detailed information on trims, photos, and reviews. Autochek's business model revolves around connecting buyers with sellers and offering value-added services such as car financing and maintenance. The company generates revenue through transaction fees, financing commissions, and service charges for maintenance and inspections. By partnering with major car distributors, Autochek ensures a wide range of affordable options for brand new cars. The platform also offers a mobile app for enhanced user convenience, enabling users to access 360-degree automotive solutions at their fingertips.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2011
- Headquarters
- Lagos, Nigeria
- Employees
- 362
- Open positions
- 1
- Dealroom signal
- 78.9/100
- Industry
- Transportation
- Sub-industry
- Search, Buy & Rent
- Sector
- Transportation
- Business model
- Marketplace & ecommerce
- Client focus
- b2c
- Investment activity
- 7 companies, latest Apr 2023
- Capital deployed
- —
- Preferred round
- ACQUISITION
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VC✓Equity / VC | Sep 2024 | $0 | — | Plug and Play | — |
| SEED✓Equity / VC | Oct 2021 | $13M | $52M | TLcom Capital · Ask Capital · Lateral Frontiers · Mobility 54 | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Autochek is 82K monthly website visits, down 41.4% over the last three months. Autochek's team grew 7.4% over the past year.
Open positions
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
| Company | Headquarters | Status | Employees | Total funding | Valuation |
|---|---|---|---|---|---|
Rental Cars UAERent a Car Dubai | Car Rental, Hire & Lease in Dubai - Rental Cars UAE |
Dubai, United Arab Emirates | Operational | 148 | — | — |
CargiantLondon's Largest Used Car Dealership |
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VirtuoProvides a range of cars on demand that can be unlocked all with a phone |
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ShareACamperRental platform for motorhomes and caravans |
Cologne, Germany | Acquired | |||
BikesBooking.comRent a motorcycle, scooter or bicycle in any part of the world |
Dublin, Ireland | Operational | |||
FLOYT Mobility GmbH | Billiger-Mietwagen, CarigamiMobility Marketplace to compare and book Car Rental, Car Sharing, ... more |
Cologne, Germany | Acquired | |||
Auto Escape GroupCar rental in 125 countries |
Pertuis, France | Acquired | |||
AirvyTransportation |
Bordeaux, France | Acquired |
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
AutoTagerCairo, Egypt
→
CoinAfriqueBeau Bassin-Rose Hill, MauritiusClassifieds site focused on french speaking african countries
$11Mvaluation
Kifal AutoCasablanca, MoroccoOffers a new way to buy and sell used cars
$3.3Mvaluation
ChekiDurban, South AfricaOnline marketplace where Nigeria's car dealers, importers, and private sellers post their cars for sale
→
Cheki UgandaUgandaVehicles for Sale in Uganda - New and Used | Cheki
→
Cheki GhanaGhanaVehicles for Sale in Ghana - Used and New | Cheki
→
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed10 investors entered at this stage
Musha Ventures
MSA Capital
TLcom Capital
Lateral Frontiers
4DX Ventures
Golden Palm Investments
Kepple Africa Ventures
Ask Capital
Mobility 54
Enza Capital
Series A1 investor entered at this stage
Other known investors3 additional known investors
Norrsken22
Novo Capital
Uncovered Fund
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Autochek on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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