Spiro - About the company
Spiro is a series E company based in Nairobi (Kenya), founded in 2014 by Mansoor Ali Khan Al Buhari. It operates as a Manufacturer of electric two-wheelers. Spiro has raised $390M in funding from FEDA. The company has 1521 active competitors, including 121 funded and 51 that have exited. Its top competitors include companies like Ather Energy, Gogoro and Oben Electric.
Company Details
Manufacturer of electric two-wheelers. The company offers multiple varieties of vehicles such as bikes, scooters, and more with features like lithium-ion batteries, speed charging, and more. Users can locate and swap vehicle batteries by providing relevant details like user details, payment details.
- Website
- www.spironet.com/
- Email ID
- *****@spironet.com
- Phone Number
- +254 **********
Key Metrics
Founded Year
2014
Location
Nairobi, Kenya
Stage
Series E
Total Funding
$390M in 9 rounds
Latest Funding Round
Ranked
17th among 1521 active competitors
Employee Count
1,231 as on Jun 30, 2026
Investment & Acquisitions
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Spiro's funding and investors
Spiro has raised a total funding of $390M over 9 rounds. Its first funding round was on Jan 01, 2019. Spiro has 10 institutional investors.
Here is the list of recent funding rounds of Spiro:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 22, 2026 | 1335547 | Series E | 5528471 | 8793973 | 5840217 | 4831100 |
Jun 01, 2026 | 2686021 | Series E | 2783494 | 4009508 | 7489080 | |
Feb 24, 2026 | 9059398 | Conventional Debt | 3957782 | 1278372 | 7405025 |
View details of Spiro's funding rounds and investors
Spiro's founders and board of directors
Founder? Claim ProfileThe founders of Spiro is Mansoor Ali Khan Al Buhari. Kaushik Burman is the CEO of Spiro.
Here are the details of Spiro's key team members:
- Mansoor Ali Khan Al Buhari: Founder of Spiro.
- Kaushik Burman: CEO of Spiro.
View details of Spiro's Founder profiles and Board Members
Spiro's employee count trend
Spiro has 1,231 employees as of Jun 26. Here is Spiro's employee count trend over the years:
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Spiro's Competitors and alternates
Top competitors of Spiro include Ather Energy, Gogoro and Oben Electric. Here is the list of Top 10 competitors of Spiro, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Ather Energy 2013, Bengaluru (India), Public | Manufacturer of smart electric scooters with connected software, charging infrastructure, and ecosystem services | $502M | 85/100 | |
2nd | Platform offering electric scooters and operator of battery swapping networks | $765M | 77/100 | ||
3rd | Oben Electric 2020, Bengaluru (India), Series A | Platform offering two wheeler motorcycle products | $37.6M | 75/100 | |
4th | Manufacturer of electric scooters, mopeds, motorcycles, and related accessories | $50M | 74/100 | ||
5th | Ultraviolette 2016, Bengaluru (India), Series E | Manufacturer of electric motorcycles, components, rider safety equipment, and charging infrastructure | $149M | 74/100 | |
6th | Developer of electric motorcycles and related digital platform for riders | $40.3M | 70/100 | ||
7th | Zero Motorcycles 2006, Scotts Valley (United States), Series G | Manufacturer of electric motorcycles, related accessories, and associated merchandise | $584M | 70/100 | |
8th | Segway-Ninebot 2012, Beijing (China), Series C | Manufacturer of multi-category electric vehicles | $240M | 69/100 | |
9th | Simpl Energy 2019, Bengaluru (India), Series B | Manufacturer of electric scooters designed for urban and long-distance travel | $98.9M | 67/100 | |
10th | Ola Electric 2017, Bengaluru (India), Public | Manufacturer of electric scooters, motorcycles, and energy storage solutions | $1B | 66/100 | |
17th | Manufacturer of electric two-wheelers | $390M | 60/100 |
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Spiro's Investments and acquisitions
Spiro has acquired Coexlion. Spiro has not made any investments as of now.Reports related to Spiro
Here is the latest report on Spiro's sector:
News related to Spiro
Media has covered Spiro for a total of 19 events in the last 1 year, 5 of them have been about company updates and 1 about people movement.
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Spiro Secures $55 Million in Funding from NewTrails Capital to Expand Electric Mobility in AfricaChief Information Officer Africa Ltd•Jun 23, 2026•Spiro
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Houdini Bio secures £1.5m to improve gene and cell therapiestechbuild.africa•Jun 22, 2026•FEDA, Spiro, Equitane, Nithio and 1 other
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Spiro Appoints Karen DeVault as Senior Vice President of Global Growth AccountsPR Newswire•Jun 12, 2026•Spiro
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Spiro Secures $215 Million for Africa EV Growth PlansSMEStreet.in•Jun 01, 2026•Spiro, Impact Fund Denmark, Equitane
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Spiro acquires Coexlion to strengthen engineering capabilities for Africa’s EV marketInnovation-village•May 28, 2026•Coexlion, Spiro
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Spiro raises $50 million to expand bikes and battery swap stationsTechnext•Feb 24, 2026•Spiro, Afreximbank, Nithio
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