In order to get ready for its next stage of growth, Nigerian startup Gigmile, which is developing a mobility financing platform for gig workers, has closed a seed round of funding.
Gigmile was established in 2022 by former Jumia country managers Kayode Adeyinka and Samuel Esiri with the goal of enabling thousands of marginalized workers to access vital mobility resources and assist them in achieving long-term economic stability.
Securing revenue-generating vehicles is a major obstacle for gig workers who want to work in delivery, ride-hailing, logistics, and passenger mobility. The majority of workers in Africa’s mostly informal economy are excluded by traditional financial institutions’ demands for collateral, a lengthy credit history, and formal documentation.
Through a lease-to-own model, Gigmile’s flagship platform, Gamma Mobility, fills this gap by enabling gig workers to finance, manage, and eventually own cars, tricycles, motorcycles, and personal commuting vehicles.
Over 10,000 vehicles have been deployed thus far; 8,500 of them are currently in use, and 1,500 of them are fully owned. As it gets ready for its next stage of growth, the startup has raised an undisclosed sum of seed money in a round led by current investor Enza Capital, with participation from Norrsken Africa Fund and Seedstars International Ventures.
Gigmile currently operates in 13 cities throughout Ghana and Nigeria and has raised a total of US$21 million in debt and equity financing. It aims to reach US$100 million in financed mobility assets by 2027 and intends to grow into over 15 new cities over the course of the next year. Additionally, it anticipates starting Series A talks in early 2026.
The platform’s financial, social, and sustainability outcomes across its present markets are detailed in the startup’s 2025 Impact Report. According to the startup, the results show a technology-driven, scalable, and capital-efficient model that can drive profitability and quantifiable social impact in emerging markets.
“With this Impact Report, we are proud to show how technology, structured financing, and strong partnerships can unlock economic mobility at scale,” said Kayode Adeyinka, co-founder and CEO of Gigmile. “Our model proves that mobility financing can be profitable, scalable, and deeply transformational. This funding enables us to serve more riders, onboard more women, and execute on our clean mobility roadmap.”
