About Spiro
Spiro is a company based in Nairobi (Kenya) founded in 2019 by Mansoor Ali Khan Al Buhari. It operates as a Mobility-as-a-Service and Direct-to-Consumer (D2C). Spiro has raised $390 million across 9 funding rounds from investors including Société Générale, Afreximbank and European Union. Spiro offers products and services including EKON 450M1, Battery Swapping Technology, and Spiro IoT. Spiro operates in a competitive market with competitors including Mazi Mobility, DominionEV and HANLIN AFRICA, among others.
- Headquarter Nairobi, Kenya
- Founders Mansoor Ali Khan Al Buhari
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Mobilite Smart Solutions India Private Limited
- Date of Incorporation 13 Dec, 2022
- Jurisdiction Delhi, Delhi, India
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Annual Revenue
$2.3 K (USD)0as on Mar 31, 2023
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Net Profit
-$359.11 (USD)0as on Mar 31, 2023
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EBITDA
$115.37 (USD)0as on Mar 31, 2023
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Total Equity Funding
$390 M (USD)
in 9 rounds
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Latest Funding Round
$55 M (USD), Series E
Jun 22, 2026
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Investors
Société Générale
& 8 more
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Employee Count
Not available
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Products & Services of Spiro
Spiro offers a comprehensive portfolio of products and services, including EKON 450M1, Battery Swapping Technology, and Spiro IoT.
Electric motorbike designed for speed and comfort in mobility.
Automated battery swaps ensure convenience for electric vehicle users.
IoT solutions are provided for enhanced vehicle connectivity features.
Funding Insights of Spiro
Spiro has successfully raised a total of $390M across 9 strategic funding rounds. The most recent funding activity was a Series E round of $55 million completed in June 2026. 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.
Investors in Spiro
Spiro has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include Société Générale, Afreximbank and European Union.
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Investor details for Spiro
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Investments & Acquisitions by Spiro
Investment portfolio details for Spiro
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Financial Statements - Spiro
Detailed financials for Spiro
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Spiro Comparisons
Peer comparison for Spiro
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Competitors of Spiro
Spiro operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Mazi Mobility, DominionEV and HANLIN AFRICA, among others.
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Multi-category electric vehicle mobility solutions are provided.
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Produces high-quality electric motorcycles.
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Manufactures high-quality electric two-wheelers for sustainable urban mobility.
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Detailed competitors of Spiro
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Latest news on Spiro
Complete news archive for Spiro
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Frequently Asked Questions about Spiro
Spiro was founded in 2019.
Spiro is headquartered in Nairobi, Kenya.
Kaushik Burman is the current CEO of Spiro.
Spiro is a funded company, having raised a total of $390M across 9 funding rounds to date.
Annual revenue of Spiro is $2.3K as on Mar 31, 2023.
Spiro is engaged in providing innovative electric transportation solutions across Africa, aimed at transforming urban mobility. The company operates in the electric vehicle sector, specializing in motorbikes and battery-swapping technology. Solutions are designed to reduce carbon emissions and promote a cleaner environment. Operations span multiple countries, with a focus on community empowerment through job creation and local entrepreneurship. Advanced technology, including proprietary apps and IoT, is integrated to enhance accessibility and convenience for users. Commitment to sustainability is reflected in efforts to support renewable energy and responsible battery recycling practices.
Spiro's top competitors include Mazi Mobility, DominionEV and HANLIN AFRICA.
Spiro offers EKON 450M1, Battery Swapping Technology, and Spiro IoT.
Spiro has 9 investors. Key investors include Société Générale, Afreximbank, European Union, FEDA, and Nithio.