LagRide
A ride-hailing platform in Lagos, Nigeria, that provides drivers with a path to vehicle ownership through a rent-to-own model.
Country
Nigeria
Sector
Mobility
Stage
—
Founded
2022
Accelerator
—
Raising
Actively Raising
About LagRide
LagRide is a ride-hailing service launched in partnership with the Lagos State Government to provide clean, safe, and reliable transportation. The platform aims to empower drivers by enabling them to own their vehicles over a four-year period, transitioning them from renters to asset owners. Its fleet is comprised of compressed natural gas (CNG) vehicles, aligning with government goals for fuel-cost reduction and clean energy, and it competes directly with established players like Uber and Bolt in the Lagos market.
Funding Rounds
| Year | Round | Amount | Investors |
|---|---|---|---|
| No funding rounds recorded. | |||