When was Spiro founded?

Spiro was founded in 2019 and raised its 1st funding round within a year of its incorporation.

Where is Spiro located?

Spiro is headquartered in Nairobi, Kenya.

How many employees does Spiro have?

As of Mar 31, 2026, the latest employee count at Spiro is 1061.

Is Spiro a funded company?

Spiro is a funded company, having raised a total of $100M across 6 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Jan 01, 2019.

When was the latest funding round of Spiro?

Spiro's latest funding was a $***** Conventional Debt round on Feb 24, 2026, with participation from 3 investors.

Where does Spiro rank among its competitors?

Spiro ranks 1st amongst 4 active competitors, only 1 of which is funded. Spiro, which secured $50M in Feb, 2026.

Who are the top competitors of Spiro?

Spiro's top competitors include Mazi Mobility, DominionEV and HANLIN AFRICA. Among them, Spiro secured the most recent funding round in February, 2026.

Spiro - 2026 Company Profile, Team, Funding & Competitors

Company Details

Manufacturer of electric two-wheelers. The company offers multiple varieties of vehicles such as bikes, scooters, and more with features like lithium-ion batteries, speed charging, and more. Users can locate and swap vehicle batteries by providing relevant details like user details, payment details.

Website: www.spironet.com/
Social
Email ID: *****@spironet.com
Phone Number: +254 **********

Key Metrics

Founded Year

2019

Location

Nairobi, Kenya

Stage

Series D

Total Funding

$100M in 6 rounds

Latest Funding Round

Conventional Debt, Feb 24, 2026, $*****

Investors

FEDA & 5 more

Ranked

1^st among 4 active competitors

Employee Count

1,061 as on Mar 31, 2026

Similar Companies

Velca & 464 more

View Spiro's full profile

Spiro has raised a total funding of $100M over 6 rounds. Its first funding round was on Jan 01, 2019. Its latest funding round was a Conventional Debt round on Feb 24, 2026 for $*****. 3 investors participated in its latest round. Spiro has 6 institutional investors.

Here is the list of recent funding rounds of Spiro:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 24, 2026	8748573	Conventional Debt	8048407	1432836	2234627	8929668
Feb 16, 2026	7038107	Conventional Debt	6744992	2245304	4522950	Nithio
Oct 21, 2025	8441643	Series D	8357838	2812466	FEDA	2355106

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View details of Spiro's funding rounds and investors

The founders of Spiro is Mansoor Ali Khan Al Buhari. Kaushik Burman is the CEO of Spiro.

Here are the details of Spiro's key team members:

Mansoor Ali Khan Al Buhari: Founder of Spiro.

View details of Spiro's Founder profiles and Board Members

Spiro's employee count trend

Spiro has 1,061 employees as of Mar 26. Here is Spiro's employee count trend over the years:

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Top competitors of Spiro include Mazi Mobility, DominionEV and HANLIN AFRICA. Here is the list of Top 10 competitors of Spiro, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Spiro 2019, Nairobi (Kenya), Series D	Manufacturer of electric two-wheelers	$100M	Societe Generale, Afreximbank & 4 others	59/100
2nd	Mazi Mobility 2020, Nairobi (Kenya), Funding Raised	Provider of technology facilitating transportation access and management for organizations	-	Satgana, Holocene	27/100
3rd	DominionEV 2021, Nairobi (Kenya), Unfunded	Manufacturer of electric motorcycles	-	-	16/100
4th	HANLIN AFRICA 2023, Nairobi (Kenya), Unfunded	Manufacturer of electric two-wheelers	-	-	16/100