Companies · Other

Banro Corp

TORONTO · Other

Diligence memoA one-page analyst read on Banro Corp — recommendation, valuation, rhythm, risks.
$18.1M
Total raised · real
2
Rounds
12.3×
Latest step-up
Top 17%
Sector rank · raised
Series B
Latest stage · inferred · Thu Apr 25 2013 00:00:00 GMT+0000 (Coordinated Universal Time)

Banro Corp looks fair against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 0.81× the median modeled value of Series B Other companies in 2013–2015 (273 peers) — value vs value, same stage and era.
  • Within the normal band (81% of peer median) for its niche.
Dormant
  • Last raise 13.2 yr ago; this sector typically re-raises about every 11 months.
  • Silent for over 3× the sector's normal cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Other

Banro Corp is one of 25008 Other companies tracked from TORONTO. By capital raised it ranks in the upper tier (ahead of 84% of sector peers), and among the largest by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$125M$250M$375M$500MSeed · 2011-02-24 Raised $1.4M (real) Modeled valuation $25M (est)$1.4M$25MSeed2011Series B · 2013-04-25 Raised $17M (real) Modeled valuation $279M (est)$17M$279MSeries B2013+$17MCumulative $18M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Seed$1.4M · 2011
Series B$16.8M · 2013no Series A on file

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Series A — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$278.7M
Base estimate est.
$41.9M
Conservative case
$1.1B
Upside case
$93.2M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ba $15M–$40M round). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Seed · modeled $25.4M · 2011-02-242011Series B · modeled $278.7M · 2013-04-252013
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
68%
Survival probability
45% low · 83% high
1.28×/yr
Annual markup
1.55×/yr upside case
6.0 yr
Elapsed time used
13.2 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
26 mo
Avg between rounds
$8.4M/yr
Capital velocity
15.4 yr
On record since
2011
First round
2
Rounds on file
How it compares to the market

Benchmarked against 25008 companies in Other. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 8.9× above median
This company$18.1M
Sector median$2.0M
Latest round — vs other Series B rounds in sector (real $, this stage) 0.9× of median
This company$16.8M
Sector median$19.6M
Modeled value — vs sector median (estimate, all stages) 16× above median
This company$278.7M
Sector median$17.7M

Raised more than 84% of sector peers (real $). Modeled value above 91% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series B) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #179 of 273.

This companyCohort peer
$100.0M$1.0B$10.0M$100.0MCapital raised (log)PL Parent, LLC · Series B Raised $40.0M · modeled $664.6M (est)ComplexCare Holdings, Inc. · Series B Raised $40.0M · modeled $664.6M (est)Sprinklr, Inc. · Series B Raised $72.5M · modeled $664.6M (est)Globaltranz Enterprises, Inc. · Series B Raised $50.0M · modeled $664.6M (est)Halco Acquisition Corp · Series B Raised $40.0M · modeled $663.8M (est)SI Ultimate OpCo Holding Corp · Series B Raised $39.5M · modeled $656.3M (est)Captek Topco, Inc. · Series B Raised $39.1M · modeled $649.8M (est)Clarity Holdco, L.P. · Series B Raised $39.0M · modeled $648.2M (est)Crowley Holdings Preferred, LLC · Series B Raised $39.0M · modeled $648.0M (est)Aspeq Equity Investment Llc · Series B Raised $38.3M · modeled $636.3M (est)Munch's Holdings, LLC · Series B Raised $37.8M · modeled $627.6M (est)FranConnect Holdings, LLC · Series B Raised $37.1M · modeled $616.4M (est)Banro Corp (this company) Raised $18.1M · modeled $278.7M (est)Banro Corp
CompanyStageRaised · realValue · estvs peer med.
PL Parent, LLCSeries B$40.0M$664.6M1.93×
ComplexCare Holdings, Inc.Series B$40.0M$664.6M1.93×
Sprinklr, Inc.Series B$72.5M$664.6M1.93×
Globaltranz Enterprises, Inc.Series B$50.0M$664.6M1.93×
Halco Acquisition CorpSeries B$40.0M$663.8M1.92×
SI Ultimate OpCo Holding CorpSeries B$39.5M$656.3M1.90×
Captek Topco, Inc.Series B$39.1M$649.8M1.88×
Clarity Holdco, L.P.Series B$39.0M$648.2M1.88×
Crowley Holdings Preferred, LLCSeries B$39.0M$648.0M1.88×
Aspeq Equity Investment LlcSeries B$38.3M$636.3M1.84×
Munch's Holdings, LLCSeries B$37.8M$627.6M1.82×
FranConnect Holdings, LLCSeries B$37.1M$616.4M1.79×
Banro Corp this companySeries B$18.1M$278.7M0.81×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Seed$1.4M2011-02-24$6.8M$25.4M90%
Series B$16.8M2013-04-25$93.2M$278.7M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Seed$1.4M2011-02-24
    • First recorded raise — entered as Seed.
  2. Series B$16.8M2013-04-25
    • Raised again after 26 mo — slower than the ~11 mo sector norm.
    • Round 12.3× larger than the prior — scaling up.
Intelligence
2015 ~Q2
Modeled next raise · ~26mo cadence
$50.3M
Modeled next size est.range $32.7M$80.5M
12.3×
Last step-up
$8.4M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
John Clarke7 other2013-04
Arnold T. Kondrat1 other2011-02
Donat K. Madilo1 other2011-02
Geoffrey K. Farr1 other2011-02
Richard T. Lachcik1 other2011-02
Simon Village1 other2011-02
Bernard T. Van Rooyen2011-02
Bernard Van Rooyen2013-04
Brian K. Scallan2011-02
Dan K. Bansah2011-02
Desire K. Sangara2011-02
Gary K. Chapman2011-02
Jacobus K. Nel2013-04
John T. Clarke2011-02
Koos K. Nels2011-02
Naomi K. Nemeth2013-04
Peter K. Gundy2013-04
Peter T. Cowley2011-02
Peter T. Ruxton2011-02
Simon K. Village2013-04
Thinus K. Vorster2013-04
Tomas K. Sipos2011-02
Registry & provenance

Banro Corp is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1286597
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Loncor Gold Inc.Mining & ResourcesSeries A$32.2M$4.8Mnetwork4 shared operators
Jetti ResourcesOtherSeries B$18.1M$301.6Msame sector · same stage
Jacob Ash Holdings IncOtherSeries B$18.1M$301.1Msame sector · same stage
NEXGENT Inc.OtherSeries B$18.2M$302.1Msame sector · same stage
DigitalBridge Communications Holdings Corp.OtherSeries B$18.2M$303.0Msame sector · same stage
Mikawaya Holdings, IncOtherSeries B$18.0M$299.7Msame sector · same stage
Zipline Medical IncOtherSeries B$18.3M$272.2Msame sector · same stage
Intermediate Clutch, LLCOtherSeries B$18.0M$299.1Msame sector · same stage
Frequently asked
How much funding has Banro Corp raised?
Banro Corp has raised approximately $18.1M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Banro Corp's estimated valuation?
Provath's modeled valuation for Banro Corp is approximately $278.7M (modeled range $41.9M–$1.1B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Banro Corp at?
Banro Corp's latest modeled financing stage is Series B. Its most recent recorded round closed around Thu Apr 25.
What does Banro Corp do and where is it based?
Banro Corp operates in the Other sector, based in TORONTO.
Explore related

See where Banro Corp sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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