Diligence memo · auto-generated · as of July 2, 2026
BasiGo Inc
BasiGo Inc has raised $44M over 8 rounds; too few niche peers to rank its valuation yet.
Businessfiled
BasiGo Inc operates in Mobility / Logistics, based in CLAYMONT. Kenyan startup BasiGo, an electric vehicle technology and financing company bringing electric bus services to Sub-Saharan Africa, has raised a US$4.3 million seed funding round to help it commercialise its business model and begin local assembly of electric buses.
Sub-sector tags: mobility.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
BasiGo Inc has raised $44M in disclosed capital across 8 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $25M on 2024-10-21.
Most recent recorded round closed around 2025-08-27.
Valuation (modeled)modeled
Provath models BasiGo Inc at approximately $4.2M (range $2.3M–$6.0M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Historic cadence: a new round about every 6 months.
Last raise 10 mo ago; this sector typically re-raises about every 10 months.
Raising on or ahead of the sector's normal rhythm.
The last round was 24.7× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 97% of Mobility / Logistics peers (431 compared).
Modeled value ranks above 73% of those peers.
Closest niche peers: Zeno, Chowdeck Logistics Inc..
Peoplefiled
6 named people on file across officers, directors and signatories.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.