Auto tech platform Fixit45 recently concluded a successful pre-seed funding round, securing $1.9 million in investments. The round was supported by several notable investors, including Launch Africa Ventures, Soumobroto Ganguly, and David DeLucia, along with several angel investors who believe in Fixit45’s mission.
Fixit45 aims to make advancements in the African automotive aftermarket sector through innovation and technology. The funds raised will primarily be used to improve access to quality repairs and spare parts while expanding into new markets.
Fixit45 recently entered into a partnership with Bolt, a global ride-hailing platform, to offer autocare, vehicle repair, and maintenance services to ride-hailing drivers. The collaboration aims to reduce disruptions in the mobility sector and help drivers optimize their income.
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The partnership is rooted in the recognition of the mobility industry’s significance in driving economic growth and shared prosperity. Fixit45’s commitment to providing autocare and auto-repair services aligns with Bolt’s mission to redefine urban mobility and empower its partners.
Under this partnership, drivers on the Bolt platform will gain access to subscription-based plans that provide autocare, vehicle repair, and maintenance services from Fixit45’s service network across the country. Additionally, drivers will benefit from repair financing, spare parts discounts, unlimited diagnostics, periodic car wash services, and tire maintenance.
Justus Obaoye, CEO and Co-Founder of Fixit45, stressed the importance of mitigating disruptions in the mobility sector, stating that this partnership aims to minimize downtime for drivers, increase earnings, improve vehicle reliability, and ensure quick service turnaround times.
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Established in 2021 by Justus Obaoye (CEO), Abdulazeez Ogunjobi (CTO), and Pankaj Bohhra (COO), Fixit45 is committed to innovating the African automotive aftermarket sector. The company’s mission is to improve access to high-quality repairs and spare parts while contributing to economic growth in the mobility industry.
Charles Rapulu Udoh
Charles Rapulu Udoh is a Lagos-based lawyer, who has several years of experience working in Africa’s burgeoning tech startup industry. He has closed multi-million dollar deals bordering on venture capital, private equity, intellectual property (trademark, patent or design, etc.), mergers and acquisitions, in countries such as in the Delaware, New York, UK, Singapore, British Virgin Islands, South Africa, Nigeria etc. He’s also a corporate governance and cross-border data privacy and tax expert.
As an award-winning writer and researcher, he is passionate about telling the African startup story, and is one of the continent’s pioneers in this regard