Companies · Mobility / Logistics

ZenoNew on the radar

Africa · Mobility / Logistics

Diligence memoA one-page analyst read on Zeno — recommendation, valuation, rhythm, risks.
$25.0M
Total raised · real
1
Rounds
Latest step-up
Top 6%
Sector rank · raised
Series B
Latest stage · inferred · Wed Mar 11 2026 00:00:00 GMT+0000 (Coordinated Universal Time)

Zeno has raised $25M over 1 round; too few niche peers to rank its valuation yet.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the mobility sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Active
  • Last raise 4 mo ago; this sector typically re-raises about every 10 months.
  • Raising on or ahead of the sector's normal rhythm.
Where it sits in Mobility / Logistics

Zeno is one of 431 Mobility / Logistics companies tracked from Africa. By capital raised it ranks among the largest (ahead of 95% of sector peers), and among the largest by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

East African electric mobility and distributed energy services company Zeno has raised US$25 million in funding to expand its electric vehicle and charging operations across the region.

East African electric mobility and distributed energy services company Zeno has raised US$25 million in funding to expand its electric vehicle and charging operations across the region.

mobility

As reported in public records reported — not modeled.

US
Jurisdiction
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$25M$50M$75M$100MSeries B · 2026-03-11 Raised $25M (real) Modeled valuation $92M (est)$25M$92MSeries B2026

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Series B$25.0M · 2026

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 25%.

Modeled valuation trajectory
$91.7M
Base estimate est.
$56.3M
Conservative case
$118.7M
Upside case
$138.9M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ba $15M–$40M round). Valuation is modeled from stage benchmarks scaled by the mobility sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
61%
Survival probability
41% low · 75% high
1.28×/yr
Annual markup
1.55×/yr upside case
0.3 yr
Elapsed time used
0.3 yr actual, capped for stale marks
mobility
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
0.3 yr
On record since
2026
First round
New
First-time filer
How it compares to the market

Benchmarked against 431 companies in Mobility / Logistics. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 6.3× above median
This company$25.0M
Sector median$4.0M
Latest round — vs other Series B rounds in sector (real $, this stage) 1.6× above median
This company$25.0M
Sector median$16.0M
Modeled value — vs sector median (estimate, all stages) 3.8× above median
This company$91.7M
Sector median$24.2M

Raised more than 95% of sector peers (real $). Modeled value above 94% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series B) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0B$10.0M$100.0MCapital raised (log)Chowdeck Logistics Inc. · Series B Raised $15.4M · modeled $66.6M (est)BasiGo Inc · Series B Raised $44.1M · modeled $4.2M (est)Zeno (this company) Raised $25.0M · modeled $91.7M (est)Zeno
CompanyStageRaised · realValue · estvs peer med.
Zeno this companySeries B$25.0M$91.7M1.38×
Chowdeck Logistics Inc.Series B$15.4M$66.6M1.00×
BasiGo IncSeries B$44.1M$4.2M0.06×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Series B$25.0M2026-03-11$138.9M$91.7M45%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Series B$25.0M2026-03-11
    • First recorded raise — entered as Series B.
Intelligence
Modeled next raise
$40.0M
Modeled next size est.range $26.0M$64.0M
Last step-up
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Registry & provenance

Zeno is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
American Global Logistics Investment 2, LLCMobility / LogisticsSeries B$26.0M$18.1Msame sector · same stage
American Global Logistics LLCMobility / LogisticsSeries B$26.0M$18.1Msame sector · same stage
Cofactr IncMobility / LogisticsSeries B$26.4M$90.1Msame sector · same stage
Fin Mile Logistics, Inc.Mobility / LogisticsSeries B$19.0M$20.9Msame sector · same stage
Chowdeck Logistics Inc.Mobility / LogisticsSeries B$15.4M$66.6Msame sector · same stage
BasiGo IncMobility / LogisticsSeries B$44.1M$4.2Msame sector · same stage
BostaMobility / LogisticsSeries B$6.7Msame sector · same stage
Buy It Mobility Networks Inc.Mobility / LogisticsSeries A$23.2M$16.9Msame sector
Frequently asked
How much funding has Zeno raised?
Zeno has raised approximately $25.0M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Zeno's estimated valuation?
Provath's modeled valuation for Zeno is approximately $91.7M (modeled range $56.3M–$118.7M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Zeno at?
Zeno's latest modeled financing stage is Series B. Its most recent recorded round closed around Wed Mar 11.
What does Zeno do and where is it based?
Zeno operates in the Mobility / Logistics sector, based in Africa. East African electric mobility and distributed energy services company Zeno has raised US$25 million in funding to expand its electric vehicle and charging operations across the region.
Explore related

See where Zeno sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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