PeachCarsKe Secures $11M Series A Funding to Revolutionize Car Ownership in Sub-Saharan Africa

PeachCarsKe is thrilled to announce a powerful milestone with a remarkable funding round of $11,000,000, underscoring our commitment to revolutionizing car ownership in sub-Saharan Africa. Our innovative e-commerce solution began its journey with an automotive marketplace designed to minimize the challenges typically associated with buying and selling locally-used vehicles. This significant investment will accelerate our vision to evolve into Africa’s first full-stack automotive service, addressing every facet of car ownership—from acquisition to aftersales support—while providing exceptional convenience, quality, and value for our customers. By harnessing cutting-edge technology and combining it with robust offline operations, we have successfully alleviated market pain points, making the car ownership process more seamless and accessible for thousands across the region. At PeachCarsKe, we firmly believe that cars are not just machines on wheels; they embody gateways to enriching experiences, enduring relationships, and countless opportunities that shape lives and communities. The newly raised funds will propel us further on this mission, enabling us to expand our platform, enhance user experience, and integrate additional services that cover insurance, financing, maintenance, and more, forming a comprehensive ecosystem that is truly customer-centric. As we continue to innovate and break barriers in the automotive sector, this funding acts as a catalyst to not only scale our operations across broader territories but also to solidify our standing as a pioneering force in the evolving landscape of automotive commerce in Africa. We thank our investors, partners, and loyal customers for believing in our vision and joining us on this transformative journey.