Diligence memo · auto-generated · as of July 2, 2026
First Circle Capital, VeendHQ
First Circle Capital, VeendHQ has raised $330K over 1 round; too few niche peers to rank its valuation yet.
Businessfiled
First Circle Capital, VeendHQ is a private company, based in Africa. We are excited to announce that we hit yet another milestone this quarter. We have raised a $330,000 pre-seed fund.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
First Circle Capital, VeendHQ has raised $330K 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: $330K on 2022-06-14.
Most recent recorded round closed around 2022-06-14.
Valuation (modeled)modeled
Provath models First Circle Capital, VeendHQ at approximately $3.2M (range $220K–$20M). 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 97% of those peers.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.