
Drive45
OperatingDrive45 enables vehicle ownership for enterprise and retail customers through a Rent-to-Own mobility subscription model.
- Fleet Management
- Lagos, Nigeria
- Debt Financing
- Founded 2021
- drive45mobility.com ↗
- Total raised
- $3M
- disclosed
- Last round
- $3M
- Debt Financing
- Rounds
- 3
- since 2021
- Investors
- 2
- on record
- Employees
- 11-50
About Drive45
Drive45 enables vehicle ownership for enterprise and retail customers through a Rent-to-Own mobility subscription model. This tech-enabled mobility platform offers a vehicle subscription model in Nigeria, allowing individuals and businesses to own cars without upfront payments.
Drive45 funding3 rounds
All 3 rounds →Drive45 has raised $3M across 3 disclosed rounds. The latest is a $3M Debt Financing announced 09 Sep 2026.
Who has invested in Drive45
| Announced | Round | Lead · investors | Amount |
|---|---|---|---|
| 09 Sep 2026 | Drive45 Debt Financing | TLG Capital | $3M |
| 16 May 2025 | Drive45 Debt Financing | Cascador | Not disclosed |
| 16 May 2025 | Drive45 Seed | Cascador | Not disclosed |
Drive45 founders & team
Full team →- Oluwaseyi AdefemiCo-Founder & CEO
- Oluwaseyi AdefemiCo-Founder & CEO
- Soumobroto GangulyCofounder & Chairman
- Soumobroto GangulyCofounder & Chairman
Drive45 competitorssame sector · similar funding
More Fleet Management startups in Africa
- Fleetsimplify
Monetizing ride-sharing vehicles made effortless · Kenya
- eWAKA
eWAKA Mobility Limited is Africa’s foremost electromobility company, which is set to revolutionise emobility across the continent. · Kenya
- AlFleet
AlFleet is an Egyptian car rental service app connecting customers to car rental companies. · Egypt
- AT Instruments
AT Instruments is an Egyptian IoT startup which uses AI to solve problems in the MaaS industry. · Egypt
- Tracker Connect
Tracker Connect provides vehicle safety solutions such as vehicle tracking, stolen vehicle recovery systems, and fleet management · South Africa
- GoMetro
Empowering fleet operators worldwide with data-driven mobility solutions. · South Africa
Frequently asked about Drive45
- Where is Drive45 based and when was it founded?
- Drive45 is headquartered in Lagos, Nigeria and was founded in 2021.
- Who founded Drive45?
- Drive45 was founded by Oluwaseyi Adefemi (Co-Founder & CEO), Oluwaseyi Adefemi (Co-Founder & CEO), Soumobroto Ganguly (Cofounder & Chairman) and Soumobroto Ganguly (Cofounder & Chairman).
- Who is the CEO of Drive45?
- Oluwaseyi Adefemi is Drive45's Co-Founder & CEO.
- How much funding has Drive45 raised?
- Drive45 has raised $3M across 3 disclosed rounds. Its latest, a $3M Debt Financing, was announced on Sep 09, 2026.
- Who has invested in Drive45?
- Backers include TLG Capital and Cascador.
- What sector is Drive45 in?
- Drive45 operates in Fleet Management, Transportation and Supply chain.