Driving Change: Peach Cars KE Secures 11M Series A Funding to Revolutionize Car Ownership in Sub-Saharan Africa

Peach Cars KE is thrilled to announce a major milestone in our journey towards transforming car ownership in sub-Saharan Africa. We have successfully raised 11,000,000 to propel our innovative business model and further cement our leadership in the automotive e-commerce space. Since our inception, Peach Cars KE has been dedicated to revolutionizing the automotive marketplace by leveraging cutting-edge technology and combining it with robust offline operations. Our unique approach addresses the real pain points faced in buying and selling locally-used vehicles, ensuring our customers experience unmatched quality, convenience, and value. The infusion of this new capital will allow us to accelerate the development of Africa's first full-stack automotive service. By building on our successful beginnings as an online marketplace, we look to expand our offerings into every facet of car ownership. Our vision is to create a seamless journey that caters to all aspects of automotive needs—extending from discovery and purchase to maintenance, financing, and beyond. This comprehensive service is designed to not only simplify the car ownership experience but also create lasting relationships with our customer base, reinforcing our belief that cars are much more than just a collection of mechanical parts. They are gateways to new experiences, deeper connections, and a wealth of opportunities. With the strong support of our investors and partners, this funding will be instrumental in scaling our operations across sub-Saharan Africa. We are excited to introduce groundbreaking features and innovative solutions that empower our community and redefine the automotive landscape. The road ahead is full of promise, and we are eager to drive forward together—delighting our customers at every turn in the journey of life.