PEG

company

About

PEG is an asset financing company, provides solar energy products to off-grid customers in Ghana.

  • 101 - 250

Details

Last Funding Type
Series A
Last Funding Money Raised
$4.30M
Industries
Commercial Lending,Electronics,Energy,Financial Services,Solar
Founded date
Jan 1, 2013
Number Of Employee
101 - 250
Operating Status
Active

PEGAfrica is an asset financing company currently selling Pay As You Go solar energy products to off-grid customers in Ghana, Cote d'Ivoire, and Senegal. PEG’s Pay As You Go solar systems give our customers access to better quality light, mobile phone charging, and appliances like radios and televisions.

Hugh Whalan and Nate Heller founded PEG in 2013. It has its headquarters in Accra in Ghana.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$37.80M
PEG has raised a total of $37.80M in funding over 2 rounds. Their latest funding was raised on Mar 22, 2019 from a Series C round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Mar 22, 2019 Series C $20M 1 Detail
Aug 31, 2017 Series B $13.50M 1 Detail
Jun 16, 2016 Series A $4.30M 1 Detail

Investors

Number of Lead Investors
Number of Investors
2
PEG is funded by 2 investors. responsAbility and Engie are the most recent investors.
Investor Name Lead Investor Funding Round
responsAbility Series C
Engie Series B