Companies · AI / ML
Africa · AI / ML
Diligence memoA one-page analyst read on Elves — recommendation, valuation, rhythm, risks.→Elves 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 ai/ml sector profile.
Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.
Elves is one of 2067 AI / ML companies tracked from Africa. By capital raised it ranks in the upper tier (ahead of 75% 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.
Egyptian AI startup Elves raises $2m seed round.
Egyptian AI startup Elves raises $2m seed round.
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 scaled by the ai/ml sector profile. Directional, not a quoted figure.
Not enough modeled valuation points to chart a trajectory.
Benchmarked against 2067 companies in AI / ML. 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 75% of sector peers (real $). Modeled value above 89% of peers (estimate).
A tighter cohort than the sector chart above — only companies at the same stage (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 #10 of 18.
| Company | Stage | Raised · real | Value · est | vs peer med. |
|---|---|---|---|---|
| Bellrock Intelligence, Inc. | Seed | $8.8M | $148.9M | 1.68× |
| Laer AI, Inc. | Seed | $3.0M | $135.1M | 1.52× |
| Pulse Labs AI, Inc. | Seed | $2.6M | $116.6M | 1.31× |
| CounterFlow AI, Inc. | Seed | $2.5M | $113.2M | 1.27× |
| PAX Holdings, LLC | Seed | $2.5M | $111.0M | 1.25× |
| DOC.AI Inc | Seed | $2.3M | $101.0M | 1.14× |
| Tend AI Inc | Seed | $2.0M | $88.8M | 1.00× |
| Omnify.Ai, Inc. | Seed | $2.0M | $88.8M | 1.00× |
| Sfp Ml Ii Lp | Seed | $2.0M | $88.8M | 1.00× |
| Elves this company | Seed | $2.0M | $88.8M | 1.00× |
| R2.ai, Inc. | Seed | $2.0M | $88.8M | 1.00× |
| Clover Intelligence, Inc. | Seed | $2.0M | $87.7M | 0.99× |
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 | $2.0M | 2017-12-08 | $10.0M | $88.8M | 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.
Elves is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.
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.
| Company | Sector | Stage | Raised · real | Value · est | Why similar |
|---|---|---|---|---|---|
| Ainstein AI Inc. | AI / ML | Seed | $2.0M | $69.7M | same sector · same stage |
| Docu.ai, Inc. | AI / ML | Seed | $2.0M | $42.4M | same sector · same stage |
| Ekyam.ai, Inc. | AI / ML | Seed | $2.0M | $7.7M | same sector · same stage |
| Omnify.Ai, Inc. | AI / ML | Seed | $2.0M | $88.8M | same sector · same stage |
| Sfp Ml Ii Lp | AI / ML | Seed | $2.0M | $88.8M | same sector · same stage |
| Tend AI Inc | AI / ML | Seed | $2.0M | $88.8M | same sector · same stage |
| Flo Artificial Intelligence, Inc. | AI / ML | Seed | $2.0M | $88.8M | same sector · same stage |
| R2.ai, Inc. | AI / ML | Seed | $2.0M | $88.8M | same sector · same stage |
See where Elves sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.
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