Diligence memo · auto-generated · as of July 2, 2026
Bwala
Bwala looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Bwala operates in Mobility / Logistics, based in Africa. Kenyan logistics startup Bwala Africa has raised KES24 million (US$238,000) in debt financing as it launches BwalaPay to meet the rising demand for last mile e-commerce connectivity and safety.
Sub-sector tags: ecommerce/retail, mobility.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Bwala has raised $238K in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $238K on 2018-09-04.
Most recent recorded round closed around 2018-09-04.
Valuation (modeled)modeled
Provath models Bwala at approximately $5.0M (range $143K–$56M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.00× the median modeled value of Pre-Seed Mobility / Logistics companies in 2016–2018 (5 peers) — value vs value, same stage and era. Within the normal band (100% of peer median) for its niche.
Financing rhythm & timingmixed
Last raise 7.8 yr ago; this sector typically re-raises about every 10 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 71% of Mobility / Logistics peers (431 compared).
Modeled value ranks above 73% of those peers.
Closest niche peers: Polaris Mobility, Inc., Meter Feeder, Inc., HitchHiker, GoLorry Inc.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.