Fundz

Peach Cars, A Kenyan Used-Car Marketplace, Raises $5M In Seed Investment

PRIVATEJun 15, 2023

Amount Raised

$5 Million

Round Type

Seed

NairobiManufacturingSoftwareAutomotive

Description

Kenyan automotive marketplace Peach Cars is announcing its $5 million seed round led by Japan-based The University of Tokyo Edge Capital Partners (UTEC) and other angel investors, including Shintaro Yamada (founder and CEO of Mercari), Peter Kenevan (VP, Head of Japan at PayPal), and Hiroaki Ohta (general partner at Japan’s Waseda University Ventures).

Quick answer

Peach Cars raised $5 Million in a Seed round, dated June 15, 2023. Peach Cars is based in Nairobi, Nairobi County, Kenya.

How much did Peach Cars raise?
Peach Cars raised $5 Million in a Seed round on June 15, 2023.
What does Peach Cars do?
At Peach, we believe cars are more than their component parts - they're a gateway to the experiences, relationships, and opportunities that make life worth living.
Where is Peach Cars based and how big is it?
Peach Cars is based in Nairobi, Nairobi County, Kenya. Fundz records about 65 employees.
Who are the decision-makers at Peach Cars?
Fundz holds 1 contact at Peach Cars. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Automotive and Manufacturing around the same time

Companies in the same sectors as Peach Cars that raised within 45 days of this round, from Fundz verified event records.

  • Ampcontrol raised $10M (Series A) on July 26, 2023.
  • itopia raised $2.1M (Seed) on July 25, 2023.
  • DEFSEC Technologies raised $5.6M on July 21, 2023.
  • RedHill Biopharma Ltd raised $2.7M (Seed) on July 21, 2023.
  • Farizon raised $600M (Funding Round) on July 20, 2023.
  • Parsec Automation raised an undisclosed amount (Corporate Round) on July 18, 2023.

Who to call at Peach Cars, and when

A new round usually means Peach Cars is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Peach Cars raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Peach Cars, from your own LinkedIn network

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Company Information

Company

Peach Cars

Location

Nairobi, Nairobi County, Kenya

About

At Peach, we believe cars are more than their component parts - they're a gateway to the experiences, relationships, and opportunities that make life worth living. Our aim is to build Africa's first full-stack automotive service, spanning all aspects of car ownership and delighting our customers at every turn in the road.

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Fundz sees it the moment Peach Cars raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

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Peach Cars raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.