Diligence memo · auto-generated · as of July 2, 2026
Fez Delivery
Fez Delivery looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Fez Delivery operates in Mobility / Logistics, based in Africa. Nigeria’s Fez Delivery, a logistics and delivery company, has raised a US$1 million seed funding round to accelerate its development and grow its team.
Sub-sector tags: mobility.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Fez Delivery has raised $1.0M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $1.0M on 2023-03-30.
Most recent recorded round closed around 2023-03-30.
Valuation (modeled)modeled
Provath models Fez Delivery at approximately $6.0M (range $810K–$23M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.46× the median modeled value of Seed Mobility / Logistics companies in 2022–2024 (24 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Last raise 3.3 yr ago; this sector typically re-raises about every 10 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 74% of Mobility / Logistics peers (431 compared).
Modeled value ranks above 74% of those peers.
Closest niche peers: Amitruck, Freterium, Minturn Logistics LLC, TruckBook Logistics, Inc., Colony Logistics, Inc..
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.