Diligence memo · auto-generated · as of July 2, 2026
Farid
Farid has raised $250K over 1 round; too few niche peers to rank its valuation yet.
Businessfiled
Farid is a private company, based in Africa. Egyptian ed-tech startup Farid has raised US$250,000 in pre-seed funding from Saudi businesswoman Amal bint Abdulaziz Al-Ajlan, at a time when the company is entering into several strategic partnerships with schools across Egypt to quicken its expansion.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Farid has raised $250K in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $250K on 2024-09-23.
Most recent recorded round closed around 2024-09-23.
Valuation (modeled)modeled
Provath models Farid at approximately $906K (range $167K–$2.8M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Not enough dated financing history to read a financing rhythm.
Comparablesmixed
Capital scale ranks ahead of 97% of sector peers (8525 compared).
Modeled value ranks above 96% of those peers.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.