Companies

DigsConnect

Alexandria · Africa

Diligence memoA one-page analyst read on DigsConnect — recommendation, valuation, rhythm, risks.
$830K
Total raised · real
1
Rounds
Latest step-up
Top 3%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Fri Mar 15 2019 00:00:00 GMT+0000 (Coordinated Universal Time)

DigsConnect has raised $830K 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.

SA student accommodation startup DigsConnect raises $830k 0 By Tom Jackson on March 15, 2019 News , Southern Africa South African student accommodation marketplace DigsConnect has raised ZAR12 million (US$830,000) in funding to build out its team and its offering. Launched early last year, the DigsConnect platform allows landlords, estate agents and property managers to post their property listings , with students then searching and filtering through these listings to find accommodation that suits their needs, and also find other students to live with.

SA student accommodation startup DigsConnect raises $830k 0 By Tom Jackson on March 15, 2019 News , Southern Africa South African student accommodation marketplace DigsConnect has raised ZAR12 million (US$830,000) in funding to build out its team and its offering. Launched early last year, the DigsConnect platform allows landlords, estate agents and property managers to post their property listings , with students then searching and filtering through these listings to find accommodation that suits their needs, and also find other students to live with.

As reported in public records reported — not modeled.

ZA
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 · 2019-03-15 Raised $830K (real) Modeled valuation $19M (est)$830K$19MPre-Seed2019

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$830K · 2019

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

Modeled valuation trajectory
$19.2M
Base estimate est.
$553K
Conservative case
$217.5M
Upside case
$4.6M
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. 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.
30%
Survival probability
12% low · 55% high
1.55×/yr
Annual markup
2.10×/yr upside case
6.0 yr
Elapsed time used
7.3 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
7.3 yr
On record since
2019
First round
1
Rounds on file
How it compares to the market

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.

Total raised — vs sector median (real $, all stages) 0.6× of median
This company$830K
Sector median$1.3M
Modeled value — vs sector median (estimate, all stages) 1.3× above median
This company$19.2M
Sector median$14.6M

Raised more than 98% of sector peers (real $). Modeled value above 98% of peers (estimate).

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$830K2019-03-15$4.6M$19.2M45%
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$830K2019-03-15
    • First recorded raise — entered as Pre-Seed.
Intelligence
Modeled next raise
$1.3M
Modeled next size est.range $863K$2.1M
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

DigsConnect 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
ZA
Jurisdiction
Frequently asked
How much funding has DigsConnect raised?
DigsConnect has raised approximately $830K in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is DigsConnect's estimated valuation?
Provath's modeled valuation for DigsConnect is approximately $19.2M (modeled range $553K–$217.5M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is DigsConnect at?
DigsConnect's latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Fri Mar 15.
What does DigsConnect do and where is it based?
DigsConnect is a private company, based in Alexandria, Africa. SA student accommodation startup DigsConnect raises $830k 0 By Tom Jackson on March 15, 2019 News , Southern Africa South African student accommodation marketplace DigsConnect has raised ZAR12 million (US$830,000) in funding to build out its team and its offering. Launched early last year, the DigsConnect platform allows landlords, estate agents and property managers to post their property listings , with students then searching and filtering through these listings to find accommodation that suits their needs, and also find other students to live with.
Explore related

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

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