Diligence memo · auto-generated · as of July 2, 2026
Flood
Flood has raised $2.5M over 1 round; too few niche peers to rank its valuation yet.
Businessfiled
Flood is a private company, based in SA, Africa. SA’s Flood raises $2.5m to digitise offline commerce in emerging markets 0 By Tom Jackson on August 6, 2025 News , Southern Africa South African startup Flood, a “SuperApp-as-a-Service” platform, has raised US$2.5 million in seed funding to expand its operations. Founded by serial entrepreneur André de Wet, Flood is a mobile-first digital commerce platform designed to power clicks-to-mortar retail in emerging markets.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Flood has raised $2.5M 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: $2.5M on 2025-08-06.
Most recent recorded round closed around 2025-08-06.
Valuation (modeled)modeled
Provath models Flood at approximately $7.0M (range $2.3M–$14M). 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 99% 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.