Diligence memo · auto-generated · as of July 2, 2026
Mecho Autotech
Mecho Autotech has raised $2.1M over 1 round; too few niche peers to rank its valuation yet.
Businessfiled
Mecho Autotech is a private company, based in Lagos, LA, Nigeria; LA, Nigeria. On-demand auto maintenance & repairs
Sub-sector tags: Auto Commerce, Marketplace, E-commerce.
Capital & rounds (filed)filed
Mecho Autotech has raised $2.1M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $2.1M on 2022-02-09.
Most recent recorded round closed around 2022-02-09.
Valuation (modeled)modeled
Provath models Mecho Autotech at approximately $22M (range $1.9M–$112M). 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
Not enough dated financing history to read a financing rhythm.
Comparablesmixed
Capital scale ranks ahead of 99% of sector peers (8525 compared).
Modeled value ranks above 99% of those peers.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.