Companies · Fintech

CrowdForceWinter 2020Acquired

Abuja · Federal Capital Territory, Nigeria · Fintech · founded 2020 · https://crowdforce.io/

Diligence memoA one-page analyst read on CrowdForce — recommendation, valuation, rhythm, risks.
$3.6M
Total raised · real
1
Rounds
Latest step-up
Top 20%
Sector rank · raised
Series A
Latest stage · inferred · Wed Feb 16 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

CrowdForce 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 fintech 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 0.82× the median modeled value of Series A Fintech companies in 2022–2024 (32 peers) — value vs value, same stage and era.
  • Within the normal band (82% of peer median) for its niche.
Dormant
  • Last raise 4.4 yr ago; this sector typically re-raises about every 12 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.
Where it sits in Fintech

CrowdForce is one of 1063 Fintech companies tracked from Abuja, Federal Capital Territory, Nigeria, on record since 2020. By capital raised it ranks in the upper tier (ahead of 81% of sector peers), and in the upper tier by modeled valuation est..

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

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

Crowdforce is an app that allows any local merchant in Africa,…

CrowdForce is an app that allows any local merchant in Africa, starting with Nigeria to become a bank branch within minutes.

Fintech
Find CrowdForce online

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$25M$50M$75M$100MSeries A · 2022-02-16 Raised $3.6M (real) Modeled valuation $53M (est)$3.6M$53MSeries A2022

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
Series A$3.6M · 2022

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 33%.

Modeled valuation trajectory
$52.6M
Base estimate est.
$4.7M
Conservative case
$196.4M
Upside case
$16.4M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the fintech sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
53%
Survival probability
29% low · 72% high
1.51×/yr
Annual markup
1.90×/yr upside case
4.4 yr
Elapsed time used
4.4 yr actual, capped for stale marks
fintech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
4.4 yr
On record since
2022
First round
1
Rounds on file
How it compares to the market

Benchmarked against 1063 companies in Fintech. 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) 0.8× of median
This company$3.6M
Sector median$4.3M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.6× of median
This company$3.6M
Sector median$6.1M
Modeled value — vs sector median (estimate, all stages) 1.2× above median
This company$52.6M
Sector median$45.0M

Raised more than 81% of sector peers (real $). Modeled value above 84% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) 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 #21 of 32.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)Thndr · Series A Raised $20.0M · modeled $294.6M (est)Peach Payments · Series A Raised $31.0M · modeled $284.2M (est)Bite Ninja, Inc. · Series A Raised $15.4M · modeled $164.7M (est)Kinside Inc. · Series A Raised $16.7M · modeled $151.9M (est)Plerk Holdings LLC · Series A Raised $12.0M · modeled $142.8M (est)GroMo, Inc. · Series A Raised $11.0M · modeled $141.3M (est)RYSE Inc. · Series A Raised $10.0M · modeled $112.6M (est)Neural Payments, Inc. · Series A Raised $13.2M · modeled $107.0M (est)Bizao · Series A Raised $8.2M · modeled $100.4M (est)Purestream Trading Technologies Inc. · Series A Raised $24.9M · modeled $90.4M (est)Ccl Trading Co Inc · Series A Raised $7.5M · modeled $90.1M (est)Pioneer Valley Trading Company, Llc · Series A Raised $8.0M · modeled $83.8M (est)CrowdForce (this company) Raised $3.6M · modeled $52.6M (est)CrowdForce
CompanyStageRaised · realValue · estvs peer med.
ThndrSeries A$20.0M$294.6M4.60×
Peach PaymentsSeries A$31.0M$284.2M4.44×
Bite Ninja, Inc.Series A$15.4M$164.7M2.57×
Kinside Inc.Series A$16.7M$151.9M2.37×
Plerk Holdings LLCSeries A$12.0M$142.8M2.23×
GroMo, Inc.Series A$11.0M$141.3M2.21×
RYSE Inc.Series A$10.0M$112.6M1.76×
Neural Payments, Inc.Series A$13.2M$107.0M1.67×
BizaoSeries A$8.2M$100.4M1.57×
Purestream Trading Technologies Inc.Series A$24.9M$90.4M1.41×
Ccl Trading Co IncSeries A$7.5M$90.1M1.41×
Pioneer Valley Trading Company, LlcSeries A$8.0M$83.8M1.31×
CrowdForce this companySeries A$3.6M$52.6M0.82×
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.
Series A$3.6M2022-02-16$16.4M$52.6M45%
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. Series A$3.6M2022-02-16
    • First recorded raise — entered as Series A.
Intelligence
Modeled next raise
$5.8M
Modeled next size est.range $3.7M$9.2M
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

CrowdForce 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
Prestamype Fintech Group Holdings LtdFintechSeries A$4.2M$32.9Msame sector · same stage
Marble Pay, Inc.FintechSeries A$4.2M$45.8Msame sector · same stage
Poros Trading Company, LLCFintechSeries A$4.2M$89.5Msame sector · same stage
Revio Pay IncFintechSeries A$4.3M$33.0Msame sector · same stage
Maple AviationFintechSeries A$4.3M$10.4Msame sector · same stage
TalentirFintechSeries A$4.3M$10.4Msame sector · same stage
PaymentoFintechSeries A$4.5M$26.1Msame sector · same stage
Altair Wealth Systems Holdings, LLCFintechSeries A$4.7M$56.3Msame sector · same stage
Semantically similar

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.

CompanySectorStageValue · estMatch
MarketForce
The SuperApp for neighbourhood merchants in Africa.
FintechSeed$12.3M85%
Wave
Mobile money app for Africa
Fintech79%
Nomba
Banking and payments for businesses in Africa
FintechSeries B$339.9M77%
Bridgecard
Card issuer for Africa
FintechPre-Seed$6.9M76%
Shout
Real-Time Classifieds
Fintech76%
Spring in Africa
Investing in innovation
Fintech76%
Floatpays Inc
SA fintech startup Floatpays raises $4m seed funding round for African expansion 0 By Tom Jackson on January 26, 2022 News , Southern Africa South African on-demand pay provider Floatpays has secured just under US$4 million in an oversubscribed seed funding round to help it expand across Africa. Founded in 2019 and a participant in the S21 cohort of the Silicon Valley-based Y Combinator accelerator , Floatpays is a technology platform that enables on-demand access to pay, seamless savings functionality and financial education to build employee financial wellness.
FintechSeed$65.7M75%
BuyPower
Modern bill payment platform for African businesses and consumers.
Fintech75%
Frequently asked
How much funding has CrowdForce raised?
CrowdForce has raised approximately $3.6M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is CrowdForce's estimated valuation?
Provath's modeled valuation for CrowdForce is approximately $52.6M (modeled range $4.7M–$196.4M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is CrowdForce at?
CrowdForce's latest modeled financing stage is Series A. Its most recent recorded round closed around Wed Feb 16.
What does CrowdForce do and where is it based?
CrowdForce operates in the Fintech sector, based in Abuja, Federal Capital Territory, Nigeria. Crowdforce is an app that allows any local merchant in Africa,…
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