Diligence memo · auto-generated · as of July 2, 2026

CashBackApp

CashBackApp has raised $475K over 1 round; too few niche peers to rank its valuation yet.

Diligence furtherNo decisive signal either way from the public record alone — the call needs primary diligence beyond the filings.

Businessfiled

CashBackApp is a private company, based in Kenya, Africa. Kenyan customer loyalty startup CashBackApp has raised a US$475,000 pre-seed funding round to help scale its service in Kenya and prepare for expansion to neighbouring countries.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

CashBackApp has raised $475K 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: $475K on 2021-08-19.

Most recent recorded round closed around 2021-08-19.

Valuation (modeled)modeled

Provath models CashBackApp at approximately $6.7M (range $317K–$54M). 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 97% of sector peers (8525 compared).

Modeled value ranks above 97% of those peers.

Risks & flagsmixed

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.