Diligence memo · auto-generated · as of July 2, 2026
Busha
Busha has raised $4.2M over 1 round; too few niche peers to rank its valuation yet.
Businessfiled
Busha is a private company, based in Africa. Nigerian cryptocurrency exchange Busha has raised a US$4.2 million seed funding round to scale across Africa.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Busha has raised $4.2M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $4.2M on 2021-11-24.
Most recent recorded round closed around 2021-11-24.
Valuation (modeled)modeled
Provath models Busha at approximately $46M (range $3.8M–$250M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Not enough dated financing history to read a financing rhythm.
Comparablesmixed
Capital scale ranks ahead of 99% of sector peers (8525 compared).
Modeled value ranks above 99% of those peers.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.