🇷🇼 Kigali, Rwanda
Moja Mobility
Electric two-wheeler fleet for boda-boda riders
MobilitySeries AESG 90
Round size
$18M
Valuation
$95M
ARR
$6.4M
YoY growth
152%
Conviction
79
/ 100
79/100
Medium risk
Team
110
Founded
2021
Investment thesis
Why now
Lease-to-own e-bikes lower rider TCO 38% vs. petrol while meeting Rwanda's 2030 EV mandate.
- 4,200 bikes deployed
- Govt PPP signed Q1
- Battery swap network in 14 cities
Score breakdown
6-factor weighted model
Diligence checklist
- Founder references
- Cap table & legal review
- Customer calls (5+)
- Cohort & retention data
- Regulatory memo
- ESG audit
Comparable deals
No direct comparables in pipeline.