PayGo Energy logo

PayGo Energy

Operating

PayGo Energy is a distribution service that harnesses the power of pay-as-you-go-technology

Updated Source: SLA Startup IndexHow we verify →
Total raised
$8.5M
disclosed
Last round
$3.5M
Venture
Rounds
8
since 2014
Investors
11
on record
Employees
11-50

About PayGo Energy

PayGo Energy's software and hardware make buying and selling gas in emerging markets, easy. We bring you closer to your customers through connected devices; convert analog processes to digital through our fully integrated tools; and unlock rich customer insights through real-time data.

PayGo Energy funding8 rounds

All 8 rounds →

PayGo Energy has raised $8.5M across 8 disclosed rounds. The latest is a $3.5M Venture announced 29 Aug 2018.

Capital growthrunning total of disclosed rounds
  1. $100KGrantGrant, $100K, $100K raised to date
  2. $1.4MSeedSeed, $1.4M, $1.5M raised to date
  3. $3.5MSeries ASeries A, $3.5M, $5M raised to date
  4. $3.5MVentureVenture, $3.5M, $8.5M raised to date

SLA Funding Index · grey is capital raised before each round · 4 undisclosed rounds not drawn

AnnouncedRoundLead · investorsAmount
29 Aug 2018PayGo Energy VentureNot disclosed$3.5M
29 Nov 2017PayGo Energy GrantUnited States Agency for International DevelopmentNot disclosed
15 Aug 2017PayGo Energy Series AEnergy Access Ventures$3.5M
16 Jun 2017PayGo Energy Non-equity AssistanceSpring AcceleratorNot disclosed
21 Apr 2017PayGo Energy SeedEnergy Access Ventures +6$1.4M
01 May 2016PayGo Energy GrantCatalyst Fund$100K
15 Mar 2016PayGo Energy Convertible NoteVillage Capital +1Not disclosed
10 Jan 2016PayGo Energy GrantD-PrizeNot disclosed

PayGo Energy founders & team

Full team →

PayGo Energy competitorssame sector · similar funding

  • Giraffe Bioenergy

    Giraffe Bioenergy is a Kenya-based clean energy startup transforming cassava into ethanol cooking fuel. · Kenya

  • Sun King

    Sun King designs, distributes and finances Sun King solar home energy solutions to households and businesses who lack reliable access to the grid. · Kenya

  • BURN

    BURN is a Kenyan clean energy startup working to create the world’s most efficient biomass, liquid fuel, and electric cookstoves. · Kenya

  • Zeno

    African EV startup building motorcycles, batteries, and energy infrastructure. · Kenya

  • BioLite

    Clean-energy products for off-grid households and outdoor users. · Kenya

  • Miale Solar

    Miale Solar delivers B2B solar solutions via PPAs and installations, helping industries reduce costs sustainably. · Kenya

All 10 Clean Energy startups in Kenya

Frequently asked about PayGo Energy

Where is PayGo Energy based and when was it founded?
PayGo Energy is headquartered in Nairobi, Kenya and was founded in 2014.
Who founded PayGo Energy?
PayGo Energy was founded by Fausto Marcigot (CTO & Co-Founder), Mark O'Keefe (Co-founder & VP of Product), Nick Quintong (CEO & Co-Founder) and Mike Hahn (Co-Founder & Head of Hardware Development).
Who is the CEO of PayGo Energy?
Nick Quintong is PayGo Energy's CEO & Co-Founder.
How much funding has PayGo Energy raised?
PayGo Energy has raised $8.5M across 8 disclosed rounds. Its latest, a $3.5M Venture, was announced on Aug 29, 2018.
Who has invested in PayGo Energy?
Backers include United States Agency for International Development, Energy Access Ventures, Spring Accelerator, Aster and 7 others.
What sector is PayGo Energy in?
PayGo Energy operates in Clean Energy, Energy and Oil and Gas.