Companies

Cartnshop

Africa

Diligence memoA one-page analyst read on Cartnshop — recommendation, valuation, rhythm, risks.→
$400K
Total raised · real
1
Rounds
—
Latest step-up
Top 4%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Mon Feb 28 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

Cartnshop has raised $400K over 1 round; too few niche peers to rank its valuation yet.

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

Kenyan startup Cartnshop, which enables African SMES to set up online stores quickly and affordably, has raised US$400,000 in funding as it prepares to commercialise next month.

Kenyan startup Cartnshop, which enables African SMES to set up online stores quickly and affordably, has raised US$400,000 in funding as it prepares to commercialise next month.

As reported in public records reported — not modeled.

KE
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$1.3M$2.5M$3.8M$5.0MPre-Seed · 2022-02-28 Raised $400K (real) Modeled valuation $4.5M (est)$400K$4.5MPre-Seed2022

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
Pre-Seed$400K · 2022

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$4.5M
Base estimate est.
$267K
Conservative case
$30.6M
Upside case
$2.2M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Pre-Seed — a round under $1.0M). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
30%
Survival probability
12% low · 55% high
1.55×/yr
Annual markup
2.10×/yr upside case
4.3 yr
Elapsed time used
4.3 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
—
Avg between rounds
—
Capital velocity
4.6 yr
On record since
2022
First round
1
Rounds on file
How it compares to the market

Benchmarked against 8525 companies in this sector. 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)▼ 0.3× of median
This company$400K
Sector median$1.3M
Modeled value — vs sector median (estimate, all stages)▼ 0.3× of median
This company$4.5M
Sector median$14.6M

Raised more than 97% of sector peers (real $). Modeled value above 97% of peers (estimate).

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.
Pre-Seed$400K2022-02-28$2.2M$4.5M45%
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. Pre-Seed$400K2022-02-28
    • First recorded raise — entered as Pre-Seed.
Intelligence
—
Modeled next raise
$640K
Modeled next size est.range $416K–$1.0M
—
Last step-up
—
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.

Registry & provenance

Cartnshop 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
KE
Jurisdiction
Frequently asked
How much funding has Cartnshop raised?
Cartnshop has raised approximately $400K in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Cartnshop's estimated valuation?
Provath's modeled valuation for Cartnshop is approximately $4.5M (modeled range $267K–$30.6M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Cartnshop at?
Cartnshop's latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Mon Feb 28.
What does Cartnshop do and where is it based?
Cartnshop is a private company, based in Africa. Kenyan startup Cartnshop, which enables African SMES to set up online stores quickly and affordably, has raised US$400,000 in funding as it prepares to commercialise next month.
Explore related

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

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