Diligence memo · auto-generated · as of July 3, 2026
Connexa Sports Technologies Inc.
Connexa Sports Technologies Inc. looks fair against its niche peers and is active on financing cadence.
Businessfiled
Connexa Sports Technologies Inc. operates in Sports & Fitness, based in SMYRNA.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Connexa Sports Technologies Inc. has raised $11M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $5.9M on 2022-02-04.
Most recent recorded round closed around 2025-06-30.
Valuation (modeled)modeled
Provath models Connexa Sports Technologies Inc. at approximately $16M (range $6.3M–$27M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.95× the median modeled value of Series A Sports & Fitness companies in 2025–2027 (8 peers) — value vs value, same stage and era. Within the normal band (95% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 41 months.
Last raise 12 mo ago; this sector typically re-raises about every 14 months.
Raising on or ahead of the sector's normal rhythm.
The last round was 1.3× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 84% of Sports & Fitness peers (214 compared).
Modeled value ranks above 64% of those peers.
Closest niche peers: Aequus Sports, LLC, Signing Day Sports, Inc., 716 Sports Complex LLC, ALT Sports Data, Inc., Q30 Sports Science, LLC.
Peoplefiled
11 named people on file across officers, directors and signatories.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.