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MAX

max.ng

Founded Year

2015

Stage

Unattributed VC | Alive

Total Raised

$63.25M

Last Raised

$24.02M | 9 mos ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+20 points in the past 30 days

About MAX

MAX's mobile application provides commuters access to safe, affordable, and on-demand motorcycle-transport services and is currently available on both Android and iOS platforms. Working with MAX Champions (drivers), passengers, and various communities, the company aims to make moto-taxis safe, affordable, and accessible to Africans. MAX began as a delivery service in 2015 and has since extended its product platform to include vehicle financing solutions and electric vehicle development.

Headquarters Location

25b Bisola Durosinmi Etti dr, Lekki Phase 1

Lagos,

Nigeria

+234 (0) 700 6293 6864

Missing: MAX's Product Demo & Case Studies

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ESPs containing MAX

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTHMARKET STRENGTHLEADERHIGHFLIEROUTPERFORMERCHALLENGER
Transportation & Logistics / Supply Chain Tech

Similar to on-demand delivery, companies in this market execute last-mile delivery for retailers. But last-mile shipping networks do not have a consumer-facing app. Instead, these companies offer white-label delivery services for retailers. These solutions can also support a variety of shipping needs, from single deliveries via scooter or larger scale batch deliveries that use trucks.

MAX named as Highflier among 12 other companies, including Roadie, Lalamove, and Go Bolt.

Missing: MAX's Product & Differentiators

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Research containing MAX

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned MAX in 1 CB Insights research brief, most recently on Oct 13, 2021.

Expert Collections containing MAX

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

MAX is included in 4 Expert Collections, including Supply Chain & Logistics Tech.

S

Supply Chain & Logistics Tech

3,761 items

Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).

S

Smart Cities

2,026 items

M

Mobility-as-a-Service

560 items

Companies developing solutions to streamline the way people move themselves. Includes companies providing on-demand access to passenger vehicles and micromobility solutions as well as companies integrating multiple modes of transport, including public transit, into one service.

F

Fintech

3,455 items

Excludes US-based companies

MAX Patents

MAX has filed 1 patent.

The 3 most popular patent topics include:

  • Bookbinding
  • Engine technology
  • Coastal artillery
patents chart

Application Date

Grant Date

Title

Related Topics

Status

6/28/2019

11/22/2022

Bookbinding, Book arts, Print production, Graphic design, Book publishing

Grant

Application Date

6/28/2019

Grant Date

11/22/2022

Title

Related Topics

Bookbinding, Book arts, Print production, Graphic design, Book publishing

Status

Grant

Latest MAX News

Is Mobility Startup MAX Preparing For Its Expansion and Official Launch In Ghana?

Oct 31, 2022

Nigerian mobility tech startup Metro Africa Xpress Inc ( MAX ) looks like they are gearing up for a launch in Ghana soon. According to the company’s LinkedIn page , they have several job positions in Ghana for prospective employees including a Verification officer, a Growth Expansion Lead, and more. The company had originally planned to enter Ghana in the first quarter of 2022 after raising $31 million in a Series B funding round. The company started out as a delivery startup using motorcycles to fulfil customer orders before eventually venturing into ride-hailing, and now are currently into vehicle subscription and financing services. We’ll wait and see what the official word from MAX and publish a follow up if and when the company announces its official launch in Ghana. Related

MAX Web Traffic

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Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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MAX Frequently Asked Questions (FAQ)

  • When was MAX founded?

    MAX was founded in 2015.

  • Where is MAX's headquarters?

    MAX's headquarters is located at 25b Bisola Durosinmi, Lagos.

  • What is MAX's latest funding round?

    MAX's latest funding round is Unattributed VC.

  • How much did MAX raise?

    MAX raised a total of $63.25M.

  • Who are the investors of MAX?

    Investors of MAX include Novastar Ventures, Lightrock, Global Ventures, Proparco, Legatum Foundry Fellows and 9 more.

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