Roam
OperatingRoam provides accessible, low-cost, and low-emission transport solutions for the vast population across Kenya and the greater African continent.
- Manufacturing
- Nairobi, Kenya
- Debt Financing
- Founded 2017
- roam-electric.com ↗
- Total raised
- $43.4M
- disclosed
- Last round
- $201K
- Debt Financing
- Rounds
- 7
- since 2017
- Investors
- 11
- on record
- Employees
- 201-500
About Roam
Roam exists to provide accessible, low-cost, and low-emission transport solutions for the vast population across Kenya and the greater African continent who primarily rely on public transport to get around.
In Africa, the devastating impact of the climate and air pollution crisis, driven mainly by fossil fuel-powered transportation, is becoming even more apparent. This calls for us to reimagine how we commute.
10 of the largest cities by 2100 will be in Africa. These cities’ residents transport needs must be addressed. Picture a world where all these motorcycles and buses were electric. That is the future we are working towards here at Roam! We are designing, developing and deploying electric motorcycles and buses that are affordable, reliable and tailored to meet the unique needs of African cities.
We are opening Africa to a new frontier, a new electric revolution and in the process changing the way we move around the continent. All the while impacting our users' lives fundamentally by lowering transport fares and increasing their income.
Roam funding7 rounds
All 7 rounds →Roam has raised $43.4M across 7 disclosed rounds. The latest is a $201K Debt Financing announced 10 Jun 2026, led by CEI Africa.
- $2.5MGrantGrant, $2.5M, $2.5M raised to date
- $5MSeedSeed, $5M, $7.5M raised to date
- $10MDebt FinancingDebt Financing, $10M, $17.5M raised to date
- $14MSeries ASeries A, $14M, $31.5M raised to date
- $10MDebt FinancingDebt Financing, $10M, $41.5M raised to date
- $1.6MDebt FinancingDebt Financing, $1.6M, $43.1M raised to date
- $201KDebt FinancingDebt Financing, $201K, $43.4M raised to date
SLA Funding Index · grey is capital raised before each round
Who has invested in Roam
| Announced | Round | Lead · investors | Amount |
|---|---|---|---|
| 10 Jun 2026 | Roam Debt Financing | CEI Africa | $201K |
| 28 Nov 2025 | Roam Debt Financing | CEI Africa +1 | $1.6M |
| 24 May 2024 | Roam Debt Financing | U.S. International Development Finance Corp | $10M |
| 14 Feb 2024 | Roam Series A | Equator +5 | $14M |
| 14 Feb 2024 | Roam Debt Financing | U.S. International Development Finance Corp | $10M |
| 02 Nov 2021 | Roam Seed | At One Ventures +2 | $5M |
| 02 Nov 2021 | Roam Grant | Not disclosed | $2.5M |
Roam founders & team
Full team →- Mikael GångeCo-Founder & Chief Commercial Officer
- Mikael GångeCo-Founder & Chief Commercial Officer
- Brett MangelCOO
- Alex PitkinCTO
Roam competitorssame sector · similar funding
- ZenoNairobi, Kenya
- Ampersand Electric MotorcyclesNyarugenge, Rwanda
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Frequently asked about Roam
- Where is Roam based and when was it founded?
- Roam is headquartered in Nairobi, Kenya and was founded in 2017.
- Who founded Roam?
- Roam was founded by Mikael Gånge (Co-Founder & Chief Commercial Officer) and Mikael Gånge (Co-Founder & Chief Commercial Officer).
- How much funding has Roam raised?
- Roam has raised $43M across 7 disclosed rounds. Its latest, a $200.9K Debt Financing, was announced on Jun 10, 2026.
- Who has invested in Roam?
- Backers include CEI Africa, Lendahand, U.S. International Development Finance Corp, Equator and 7 others.
- What sector is Roam in?
- Roam operates in Manufacturing, Automotive and Electric Vehicles.
