Best Auto Companies in Lagos, Nigeria
The 31 best Auto companies in Lagos, Nigeria in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Autocheck Africa.
Our analysis of 256 Auto companies
$29.3b in tracked funding; 77% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2021.
Ranked: Best Auto companies in Lagos
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Autocheck Africa Provider of an online platform for buying and financing used cars | $17M | 60 mo ago | Seed | Iyamu Mohammed Co-Founder | 2011 | SentryNode.jsMUI+21 | — |
| 2 | Jet Motor Company Manufacturer of automotive motors | $9M | 79 mo ago | Series A | Chidi Ajaere CEO | 2018 | Node.jsReactNext.js+4 | — |
| 3 | Cars45 Online C2B car buying platform | $5M | 114 mo ago | Acquired | — | 2016 | Node.jsVue.jsNuxt.js+5 | — |
| 4 | Mecho Autotech Provider of repair and maintenance services aggregator | $5M | 37 mo ago | Seed | — | 2021 | — | — |
| 5 | Fixit45 Company providing servicing and maintenance for automobiles | $2M | 37 mo ago | Seed | Pankaj Bohhra Co-Founder | 2020 | Apple iCloud MailGoogle WorkspaceNode.js+22 | — |
| 6 | ETAP Provider of vehicle insurance policies with options for flexible payment plans | $2M | 54 mo ago | Seed | Ibraheem Babalola CEO | 2021 | — | — |
| 7 | ChekiNigeria Online platform to buy and sell cars | — | 184 mo ago | Acquired | Carey Eaton Co-Founder | 2010 | — | — |
| 8 | C&I Leasing Finance Leases & other ancillary services provider | — | 241 mo ago | Acquired | Andrew Otike Odibi CEO & MD | 1990 | WordPressMySQLPHP+19 | — |
Top 8 Auto companies in Lagos
#1
Seed · Lagos, Lagos · founded 2021 · 58 employees$4.7Mraised▾
Provider of repair and maintenance services aggregator. The platform provides a directory of workshop that allows users to search and find repair workshops in real time. It allows users to book inspection and repair services. The platform offers an app for customers to book services online and schedule time based on requirement and services.
- Sep 2023Seed$2.4M
- Feb 2022Seed$2.1M
- Nov 2021Seed—
- 2021Seed$125K
#2
Seed · Lagos, Lagos · founded 2020 · 30 employees$1.9Mraised▾
It is an auto-tech company that provides high-quality servicing and maintenance for automobiles. They aim to enable efficient interactions across multiple aftermarket stakeholders in the automotive industry.
- Sep 2023Seed$1.9M
#3
Seed · Lagos, Lagos · founded 2011 · 250 employees$16.9Mraised▾
Provider of an online platform for buying and financing used cars. The platform offers listings of used vehicles with options for loan applications. It also provides resources such as a blog, FAQs, and information about terms of service. The company aims to facilitate automotive commerce through its online marketplace.
- Oct 2021Seed$13.1M
- Aug 2020Seed$3.8M
#4
Seed · Lagos, Lagos · founded 2021 · 14 employees$1.5Mraised▾
Provider of vehicle insurance policies with options for flexible payment plans. It offers third-party and comprehensive coverage. The business provides a tool to verify vehicle documents. It also provides driving insights based on driving behavior.
- Apr 2022Seed$1.5M
#5
Series A · Lagos, Lagos · founded 2018 · 1 employees$9Mraised▾
Manufacturer of automotive motors
- Mar 2020Series A$9M
#6
Acquired · Lagos, Lagos · founded 2016 · 328 employees$5Mraised▾
Cars45 is an online C2B car buying platform. The platform allows the used car sellers to obtain a free online quote and schedule a free inspection at an inspection centre. Based on the physical inspection of the car, it makes an offer to the users. If accepted, the company claims to wire payment to the owner's bank account within 45 minutes.
- May 2017Series A$5M
#7
Acquired · Lagos, Lagos · founded 2010—raised▾
Cheki is an online platform to buy and sell cars. Offers an online advertising platform for car dealers, importers and private sellers. Also provides Japanese import cars to Nigeria. Users can also get leads for insurance provider and can buy auto parts. Cheki.com.ng is a division of Cheki Africa Medi. Based out of Lagos, Nigeria.
- 2011Seed—
#8
Acquired · Lagos, Lagos · founded 1990 · 501 employees—raised▾
C&I Leasing is the leading brand for finance leases and other ancillary services in Nigeria. It has a balance sheet of approximately $136 million, operates in key locations in Nigeria and Ghana. It is the largest leasing company in Nigeria and the only leasing company quoted on the Nigerian Stock Exchange. It expanded its operations into the leasing of oilfield support vessels, to the oil and gas industry, is owning / managing a fleet of 18 vessels.
- Sep 2006PE—
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Auto coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
What Lagos researches in autonomous vehicles
- Universidad de Los Lagos9
- Lagos State Health Service Commission1
- University of Lagos1
- Aidjan-Lagos Corridor Organization1
Common questions
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.