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Mecho Autotech

Mecho Autotech logo

Mecho Autotech

On-demand auto maintenance & repairs

mechoautotech.com
HQ: Lagos, LA, Nigeria; LA, Nigeria
11-50
Industrials

Company research

Public company, workplace, funding, and market signals

Updated Jul 29, 2026

Overview

Lagos-based automotive aftersales startup that uses an app and vetted workshop network to book repairs, maintenance, inspections, and spare-parts services for individual car owners and fleet operators.

Primary product

On-demand auto maintenance, repairs, and fleet-management app

Founded

2021

Headquarters

Yaba, Lagos, Nigeria

Team size

40-50

Industry

Vehicle Repair and Maintenance

Sub-industry

Automotive aftersales marketplace

Offices

10 Hughes Street, Alagomeji, Yaba, Lagos, Nigeria
Lagos, Nigeria

Business model

Marketplace/aggregator for vetted mechanics and workshops
B2B fleet maintenance services
B2C maintenance and repair services
Subscription-based maintenance plans
Spare-parts wholesale/distribution
App-based booking, payment, and service matching

Funding

Stage

pre-Series A

Total raised

$5.3M

Latest round

pre-Series A · Sep 2023

Latest amount

$2.4M

pre-Series A

Sep 2023 · Global Brain Corporation

$2.4M

strategic investment / pre-Series A

Apr 2023 · Global Brain Corporation

seed

Feb 2022 · Future Africa

$2.2M

pre-seed

Nov 2021 · Ingressive Capital

People & investors

Leadership

Olusegun Owoade

Co-founder & CEO

Godwin E. Asuelimen

Co-founder & COO

Founders

Ayoola Akinkunmi

Co-founder

Investors

Cathexis Ventures
Future Africa
Global Brain
Global Brain Corporation
HoaQ Capital
Ingressive Capital
Mono's CEO Abdul Hassan
Silver Squid
Tekedia Capital
Uncovered Fund
V8 Capital
Ventures Platform
Y Combinator

Work & culture

Public messaging emphasizes quality control, transparency, convenience, and a tech-enabled customer-first approach built around vetted mechanics and reliable service delivery.

Compensation

No public compensation bands or salary data found.

Product & market

Pricing

Commission on repairs and spare parts, plus subscription-based maintenance plans and wholesale spare-parts margins.

Differentiators

  • —Vetted network of mechanics and workshops
  • —App-based booking, payment, and mechanic matching
  • —VIN-based maintenance scheduling and cost estimation
  • —B2B and B2C coverage
  • —Own/approved garages in Lagos
  • —Spare-parts sourcing and distribution
  • —Fleet maintenance data capture and dashboards
  • —Bank-linked financing for vendors and workshops

Technology

Flutter
Dart
Angular
Node.js
NestJS
MongoDB
Tailwind
Webpack
Firebase
AWS Lambda
EKS
Google Analytics
AppsFlyer
QuickBooks
Zoho
Git
TypeScript
Jest
Mocha
Cypress

Customers

Individual vehicle owners
Corporate fleet operators
Shuttlers
Moove
Tolaram Group
Kobo
Workshops and workshop owners

Competitors

OgaService
Autorescue
Fixespoint
FixIt45

Scale & contact

Estimated revenue

$1M-$10M

Estimated monthly visits

9.3K

Traffic estimate as of Nov 2024

hello@mechoautotech.com+234 700 009 1191

Signals & risks

Layoff
Dec 2024

Reported restructuring with undisclosed layoffs from a 40-person team; remaining full-time staff were moved to contract roles amid macroeconomic and FX pressure.

Source
Other
Dec 2024

Former employees alleged delayed salaries, unpaid rent, electricity disconnections at the office, and senior departures including finance and sales heads.

Source
Other
Dec 2024

Former employees alleged that a promised inventory-finance app announced alongside the 2023 funding round never launched.

Source

Latest news

YC-backed Mecho Autotech restructures amid macroeconomic challenges and FX volatility

TechCabal · Dec 2024

Reported layoffs, contract conversions, and operating stress tied to inflation, FX volatility, and the cost of importing spare parts.

How Mecho Autotech is going from a vehicle repair and maintenance startup to a data company anticipating $400 million in yearly revenue

TechPoint Africa · Oct 2023

Explains the company’s data-driven angle, fleet dashboards, spare-parts expansion, and ambitious revenue potential.

Mecho Autotech raises $2.4M, ventures into wholesale spare parts distribution

TechCrunch · Sep 2023

Announced a $2.4M pre-Series A round and a pivot/expansion into wholesale after-sales spare-parts distribution.

Nigeria's Mecho Autotech to launch version 2.0 of vehicle management app and automotive spare parts marketplace

TechMoran · May 2023

Covers the planned Mecho Mart marketplace and a new app version focused on fleet management and spare parts procurement.

Mecho Autotech raises $2.15M to expand vehicle maintenance and repair services in Nigeria

TechCrunch · Feb 2022

Announced a $2.15M seed round and described the B2B/B2C repair-and-maintenance business model.

Engineering blogFacebookLinkedIn company pageMecho Fleet appTechCabal 2024 restructuring storyTechCrunch 2022 funding storyTechCrunch 2023 funding storyTechPoint 2023 profileX / TwitterY Combinator company page
SourcesY Combinator company pageMecho blog funding announcement (Feb 2022)Mecho blog maintenance/subscription postMecho blog contact/service postMecho blog pre-Series A announcementLinkedIn company pageGoogle Play app listingTechCrunch Feb 2022 funding storyTechCrunch Sep 2023 funding storyTechCabal Dec 2024 restructuring storyTechPoint Oct 2023 profileTechMoran May 2023 product expansion storyIngressive Capital investment announcementJETRO article on Global Brain investmentThe Org leadership page

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