Companies

Eversend

Africa

Diligence memoA one-page analyst read on Eversend — recommendation, valuation, rhythm, risks.→
$706K
Total raised · real
1
Rounds
—
Latest step-up
Top 4%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Tue Jun 02 2020 00:00:00 GMT+0000 (Coordinated Universal Time)

Eversend has raised $706K 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.

Ugandan startup Eversend, a digital-only finance platform providing cross-border money transfers among other services, has secured EUR634,000 (US$706,000) in investment through a Seedrs crowdfunding campaign.

Ugandan startup Eversend, a digital-only finance platform providing cross-border money transfers among other services, has secured EUR634,000 (US$706,000) in investment through a Seedrs crowdfunding campaign.

As reported in public records reported — not modeled.

UG
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 · 2020-06-02 Raised $706K (real) Modeled valuation $16M (est)$706K$16MPre-Seed2020

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$706K · 2020

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

Modeled valuation trajectory
$16.3M
Base estimate est.
$471K
Conservative case
$185.0M
Upside case
$3.9M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Pre-Seed — a 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
6.1 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
—
Avg between rounds
—
Capital velocity
6.3 yr
On record since
2020
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)▼ 0.5× of median
This company$706K
Sector median$1.3M
Modeled value — vs sector median (estimate, all stages)▲ 1.1× above median
This company$16.3M
Sector median$14.6M

Raised more than 97% 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$706K2020-06-02$3.9M$16.3M45%
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$706K2020-06-02
    • First recorded raise — entered as Pre-Seed.
Intelligence
—
Modeled next raise
$1.1M
Modeled next size est.range $734K–$1.8M
—
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

Eversend 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
UG
Jurisdiction
Frequently asked
How much funding has Eversend raised?
Eversend has raised approximately $706K in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Eversend's estimated valuation?
Provath's modeled valuation for Eversend is approximately $16.3M (modeled range $471K–$185.0M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Eversend at?
Eversend's latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Tue Jun 02.
What does Eversend do and where is it based?
Eversend is a private company, based in Africa. Ugandan startup Eversend, a digital-only finance platform providing cross-border money transfers among other services, has secured EUR634,000 (US$706,000) in investment through a Seedrs crowdfunding campaign.
Explore related

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

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