About M Kopa
M Kopa is an Energy & Utilities company based in Nairobi (Kenya) founded in 2011 by Chad Larson. Affordable solar power is provided to households in Kenya. It operates in the Energy & Utilities and Financial Services sectors. M Kopa has raised $240.65 million across 22 funding rounds from investors including Sumitomo Corporation, Standard Bank and International Finance Corporation. Its website m-kopa.com draws about 135 thousand monthly visits. M Kopa offers products and services including Smartphones, Digital Loans, Health Cover, Device Protection, and Affordable Data. Its focus areas include Energy, Solar Energy, Solar-as-a-service and Financing. Its legal entity is M-KOPA Holdings Limited.
Company details
M-KOPA was founded in 2011 in Nairobi, Kenya, as a provider of solar energy solutions. Affordable solar systems are distributed to households through pay-as-you-go financing models in the renewable energy sector. Operations focus on East Africa, where access to clean power is enabled for off-grid communities. Co-founder Chad Larson leads key initiatives in sustainable energy delivery.
- Headquarters Nairobi, Kenya
- Founders Chad Larson
- SectorsEnergy & UtilitiesFinancial Services
- Email••••••••
- Phone•••• ••••
- Website m-kopa.com
- Social LinkedIn X Facebook Instagram
- Legal Name M-Kopa Holdings Limited
- Total Equity Funding$240.65M (USD)
in 22 rounds
- Latest Funding Round$51M (USD), Debt – Conventional
Jun 2024
- InvestorsSumitomo Corporation
& 31 more
Products & Services of M Kopa
M Kopa offers a comprehensive portfolio of products and services, including Smartphones, Digital Loans, Health Cover, Device Protection, and Affordable Data.
Affordable smartphones via installment payments for daily use.
Loans provided after payments to build user credit history.
Hospital coverage linked to smartphone ownership for protection.
Protection plans to keep devices functional for users.
Data bundles for staying online with M-KOPA devices.
Funding Insights of M Kopa
M Kopa has successfully raised a total of $240.65M across 22 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $51 million completed in June 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $240.65M
- Total Rounds 22
- Last Round Debt – Conventional — $51M
- Investors Count 32
Latest 10 of 22 funding rounds of M Kopa with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2024 | $51M | Debt – Conventional | – | – | |
| May 2023 | $200M | Debt – Conventional | – | – | |
| May 2023 | $55M | Series D | – | Sumitomo | |
| Aug 2022 | Series D | – | – | ||
| Mar 2022 | $75M | Series D | – | Broadscale Group, Generation Investment Management | |
| Mar 2021 | $300,000 | Grant | – | – | |
| Dec 2018 | Series D | – | Sumitomo | – | |
| Mar 2018 | $10M | Series D | – | British International Investment | |
| Nov 2017 | $51.25M | Series D | – | British International Investment | – |
| Oct 2017 | $80M | Debt – Conventional | – | – |
32 investors in total: 32 institutional.
Investors in M Kopa
M Kopa has secured backing from 32 investors, including institutional and venture fund investors. Prominent investors backing the company include Sumitomo Corporation, Standard Bank and International Finance Corporation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Impact investments are managed through a diversified family office portfolio. | bluehaveninitiative.com | Cambridge, United States | ||
Investments are directed toward growth-stage companies generating scalable impact. | 2009 | lightrock.com | London, United Kingdom | |
Private equity investment fund | 2012 | broadscale.com | New York, United States | |
Development financing is provided for entrepreneurial ventures in emerging markets. | 1970 | fmo.nl | The Hague, Netherlands | |
IFC is focused on private sector development in emerging markets. | 1956 | ifc.org | ||
Government agency focused on small and medium-sized businesses | 1948 | bii.co.uk | London, United Kingdom | |
Investments in equities, bonds, infrastructure, and impact projects are managed. | 2012 | mirova.com | Paris, France | |
Private equity firm focused on sustainable investments | generationim.com | London, United Kingdom | ||
Venture capital firm focused on seed-stage investments | localglobe.vc | London, United Kingdom | ||
Investment management services are provided to various clients. | hepcocapitalmanagementllc.com | Philadelphia, United States |
Investor details for M Kopa
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of M Kopa
163 people are tracked at M Kopa (57 in leadership, 106 in team).
| Name | Role | Group |
|---|---|---|
Chad Larson | Co-Founder | Leadership |
Nena Sanderson | Managing Director, Mobility | Leadership |
Freeman White | Head Of Product, Emobility | Leadership |
Nicole E. | Head Of Product | Leadership |
Sarah MacHungo . | Human Resource Business Partner-operations | Leadership |
Haijo Kuper | COO | Leadership |
Owen Scott | Chief Technology Officer | Leadership |
Jesse Moore | CEO & Co-founder | Leadership |
Juan José Guerrero Cerezuela | Head Of Engineering | Leadership |
Yesse Oenga | CMO & Managing Director, Africa | Leadership |
Tsakane Ngoepe | Product Director, Lending Platform | Leadership |
Anne-Marie Headley | Chief People Officer | Leadership |
Oluseye Odiyi | Global Head Of Customer Support | Leadership |
Betsy R. | Product Director, Customer Retention | Leadership |
Liz Makena Nyanchoka | Head Of Customer Care | Leadership |
Chris Powell | Group Director Of Security & IT | Leadership |
Jordan Hiebert | Head Of Technology - Mobility | Leadership |
Cameron Kyle Perumal | Director Int Strategy & Growth | Leadership |
Daniela Nina Berger | Head Of Operations | Leadership |
Mayur Patel | Chief Commercial Officer | Leadership |
143 more people are available in the full profile.
Complete people profiles for M Kopa
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of M Kopa
3 dated milestones of M Kopa across 13 years, from founding to its latest funding, stage changes and deals.
- Founded M Kopa is founded.
- Funding First funding round.
- Funding Latest funding round, Debt – Conventional, of $51.0M.
Web traffic of M Kopa
The website of M Kopa (m-kopa.com) receives about 134.8K visits a month.
- Monthly visits134.8K
Websites whose visitors overlap most with M Kopa. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| jobwebkenya.com | 100% | 680.7K | #621,093 | View details | |
| kplc.co.ke | 100% | 291.7K | #129,002 | View details | |
| fintech-alliance.com | 99% | #2,592,471 | View details | ||
| tekedia.com | 99% | #361,703 | View details | ||
techeconomy.ng | techeconomy.ng | 99% | #702,919 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 10 similar websites and full traffic analytics for M Kopa
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Frequently Asked Questions about M Kopa
M Kopa was founded in 2011.
M Kopa is headquartered in Nairobi, Kenya.
M Kopa is a funded company, having raised a total of $240.65M across 22 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $80M, raised on Oct 2011.
M-KOPA was founded in 2011 in Nairobi, Kenya, as a provider of solar energy solutions. Affordable solar systems are distributed to households through pay-as-you-go financing models in the renewable energy sector. Operations focus on East Africa, where access to clean power is enabled for off-grid communities. Co-founder Chad Larson leads key initiatives in sustainable energy delivery.
M Kopa offers Smartphones, Digital Loans, Health Cover, Device Protection, and Affordable Data.
M Kopa has 32 investors. Key investors include Sumitomo Corporation, Standard Bank, International Finance Corporation, Nithio, and Stanbic Bank Uganda.
M Kopa operates through M-Kopa Holdings Limited.
The website of M Kopa receives about 135 thousand visits a month.