Companies · Pharma

Chekkit

Africa · Pharma

Diligence memoA one-page analyst read on Chekkit — recommendation, valuation, rhythm, risks.
$500K
Total raised · real
1
Rounds
Latest step-up
Top 71%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Tue Aug 10 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

Chekkit 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. Valuation uses the pharma sector profile.

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

Fair
  • Modeled value is 0.92× the median modeled value of Pre-Seed Pharma companies in 2019–2021 (20 peers) — value vs value, same stage and era.
  • Within the normal band (92% of peer median) for its niche.
Dormant
  • Last raise 4.9 yr ago; this sector typically re-raises about every 16 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.
Where it sits in Pharma

Chekkit is one of 310 Pharma companies tracked from Africa. By capital raised it ranks in the long tail (ahead of 30% of sector peers), and in the long tail by modeled valuation est..

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

Nigerian anti-counterfeiting startup Chekkit has raised a US$500,000 pre-seed funding round to help it expand its operations within the pharmaceutical and FMCG industries.

Nigerian anti-counterfeiting startup Chekkit has raised a US$500,000 pre-seed funding round to help it expand its operations within the pharmaceutical and FMCG industries.

pharma

As reported in public records reported — not modeled.

NG
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$5.0M$10M$15M$20MPre-Seed · 2021-08-10 Raised $500K (real) Modeled valuation $12M (est)$500K$12MPre-Seed2021

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$500K · 2021

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

Modeled valuation trajectory
$12.3M
Base estimate est.
$280K
Conservative case
$100.0M
Upside case
$2.8M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Pre-Seeda round under $1.0M). Valuation is modeled from stage benchmarks scaled by the pharma sector profile. 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.
25%
Survival probability
10% low · 46% high
1.80×/yr
Annual markup
2.44×/yr upside case
4.9 yr
Elapsed time used
4.9 yr actual, capped for stale marks
pharma
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
4.9 yr
On record since
2021
First round
1
Rounds on file
How it compares to the market

Benchmarked against 310 companies in Pharma. 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) 0.1× of median
This company$500K
Sector median$6.4M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 1.6× above median
This company$500K
Sector median$307K
Modeled value — vs sector median (estimate, all stages) 0.2× of median
This company$12.3M
Sector median$62.5M

Raised more than 30% of sector peers (real $). Modeled value above 38% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Pre-Seed) 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 #11 of 20.

This companyCohort peer
$10.0M$100.0M$100K$1.0M$10.0MCapital raised (log)Jupiter Therapeutics, Inc. · Pre-Seed Raised $1.0M · modeled $47.3M (est)Tavros Therapeutics, Inc. · Pre-Seed Raised $1000K · modeled $47.3M (est)Kalytera Therapeutics, Inc. · Pre-Seed Raised $2.2M · modeled $35.9M (est)Veterinary Radiation Oncology of the Chesapeake, LLC · Pre-Seed Raised $925K · modeled $29.6M (est)Chamishi Therapeutics, Inc. · Pre-Seed Raised $490K · modeled $23.2M (est)Ikaika Therapeutics, Inc. · Pre-Seed Raised $1.0M · modeled $22.5M (est)Organoid Therapeutics, Inc. · Pre-Seed Raised $445K · modeled $21.0M (est)Mindset Pharma Inc. · Pre-Seed Raised $694K · modeled $20.7M (est)Neurexis Therapeutics, Inc. · Pre-Seed Raised $500K · modeled $16.1M (est)Hyka Therapeutics Inc. · Pre-Seed Raised $307K · modeled $14.5M (est)Naturomed Therapeutics, Ltd. · Pre-Seed Raised $585K · modeled $12.0M (est)Chekkit (this company) Raised $500K · modeled $12.3M (est)Chekkit
CompanyStageRaised · realValue · estvs peer med.
Jupiter Therapeutics, Inc.Pre-Seed$1.0M$47.3M3.52×
Tavros Therapeutics, Inc.Pre-Seed$1000K$47.3M3.52×
Kalytera Therapeutics, Inc.Pre-Seed$2.2M$35.9M2.67×
Veterinary Radiation Oncology of the Chesapeake, LLCPre-Seed$925K$29.6M2.20×
Chamishi Therapeutics, Inc.Pre-Seed$490K$23.2M1.73×
Ikaika Therapeutics, Inc.Pre-Seed$1.0M$22.5M1.67×
Organoid Therapeutics, Inc.Pre-Seed$445K$21.0M1.57×
Mindset Pharma Inc.Pre-Seed$694K$20.7M1.54×
Neurexis Therapeutics, Inc.Pre-Seed$500K$16.1M1.20×
Hyka Therapeutics Inc.Pre-Seed$307K$14.5M1.08×
Chekkit this companyPre-Seed$500K$12.3M0.92×
Naturomed Therapeutics, Ltd.Pre-Seed$585K$12.0M0.90×
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$500K2021-08-10$2.8M$12.3M45%
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$500K2021-08-10
    • First recorded raise — entered as Pre-Seed.
Intelligence
Modeled next raise
$800K
Modeled next size est.range $520K$1.3M
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

Chekkit 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
NG
Jurisdiction
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
Avery Therapeutics, Inc.PharmaPre-Seed$500K$23.7Msame sector · same stage
Insignis Therapeutics Inc.PharmaPre-Seed$500K$4.2Msame sector · same stage
Mirata BioPharma, LLCPharmaPre-Seed$500K$23.7Msame sector · same stage
Neurexis Therapeutics, Inc.PharmaPre-Seed$500K$16.1Msame sector · same stage
Pharma Acuity, Inc.PharmaPre-Seed$500K$3.9Msame sector · same stage
Senolytic Therapeutics, Inc.PharmaPre-Seed$500K$23.7Msame sector · same stage
Chamishi Therapeutics, Inc.PharmaPre-Seed$490K$23.2Msame sector · same stage
Mizar Therapeutics, Inc.PharmaPre-Seed$519K$1.4Msame sector · same stage
Frequently asked
How much funding has Chekkit raised?
Chekkit has raised approximately $500K in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Chekkit's estimated valuation?
Provath's modeled valuation for Chekkit is approximately $12.3M (modeled range $280K–$100.0M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Chekkit at?
Chekkit's latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Tue Aug 10.
What does Chekkit do and where is it based?
Chekkit operates in the Pharma sector, based in Africa. Nigerian anti-counterfeiting startup Chekkit has raised a US$500,000 pre-seed funding round to help it expand its operations within the pharmaceutical and FMCG industries.
Explore related

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

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