LA · Nigeria · founded 2022 · https://chowdeck.com
Diligence memoA one-page analyst read on Chowdeck — recommendation, valuation, rhythm, risks.→Chowdeck has raised $2.5M 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.
AI analyst read est. — model-extracted from this company's public description, not a verified fact. 30%
operates a technology-led product inferred from public copy
Grounded in: “You are a venture analyst”
On-demand food delivery for Africa
Founded in October 2021, currently based in Lagos, Nigeria, Africa’s most populous city, Chowdeck is an on-demand food delivery service and marketplace where people can purchase their favourite meals from a wide range of restaurants. Whether local or continental, customers can buy food in a few short steps and have it delivered to their doorstep in under 30 minutes. Chowdeck is on a mission to empower restaurants in Africa to deliver meals to customers anywhere and anytime. Part of our unique offering to the restaurants listed on our marketplace is that we’ll help them grow, and so far, most of the restaurants we work with can boast of this achievement. With their help and the help of an ambitious team of relentless and fearless riders, we’ve delivered over 80,000 meals in the last six months in two major cities in Lagos. We’ve come this far because we’re passionate about understanding the teething pains of delivery service in Africa and believe strongly in a world where ordering a meal is seamless.
As reported in public records reported — not modeled.
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.
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.
Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.
Round size and date are reported; the stage label is inferred from round size (latest is Seed — a $1.0M–$4.0M round). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.
Not enough modeled valuation points to chart a trajectory.
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.
Raised more than 99% of sector peers (real $). Modeled value above 98% of peers (estimate).
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.
| Stage | Amount · real | Announced | Post-money · est | Value · est | Conf. |
|---|---|---|---|---|---|
| Seed | $2.5M | 2024-05-01 | $12.5M | $11.2M | 45% |
Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.
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.
Chowdeck is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.
Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.
| Company | Sector | Stage | Value · est | Match |
|---|---|---|---|---|
| Chow Central Inc Asset Light Chipotle for Africa | Food & Beverage | — | — | 81% |
| Chowdeck Logistics Inc. | Mobility / Logistics | Series B | $66.6M | 77% |
| FoodCourt Virtual Restaurants & Stores for Africa | Food & Beverage | — | — | 74% |
| Tablevibe All-in-one digital ordering system for restaurants | Mobility / Logistics | — | — | 72% |
| beU delivery Food delivery service in Africa | — | — | — | 72% |
| Chowbus, Inc. | Other Technology | Series C | $322.0M | 71% |
| Mobydish MobyDish, a tech-enabled service, allowing anyone to place a catering… | — | — | — | 70% |
| Perfekto Grocery subscription service against food waste in Latam | Fintech | — | — | 70% |
See where Chowdeck sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.
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