Companies · Manufacturing / Industrial

Founders Factory Africa

Africa · Manufacturing / Industrial

Diligence memoA one-page analyst read on Founders Factory Africa — recommendation, valuation, rhythm, risks.
$114.0M
Total raised · real
1
Rounds
Latest step-up
Top 2%
Sector rank · raised
Series D+
Latest stage · inferred · Tue Aug 15 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

Founders Factory Africa has raised $114M 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. Valuation uses the manufacturing sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

At-risk
  • Last raise 2.9 yr ago; this sector typically re-raises about every 13 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.
Where it sits in Manufacturing / Industrial

Founders Factory Africa is one of 629 Manufacturing / Industrial companies tracked from Africa. By capital raised it ranks among the largest (ahead of 99% of sector peers), and among the largest by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

Founders Factory Africa has secured an additional US$113 million in funding from Mastercard Foundation and Johnson & Johnson to scale its model to better serve founders across the African tech ecosystem.

Founders Factory Africa has secured an additional US$113 million in funding from Mastercard Foundation and Johnson & Johnson to scale its model to better serve founders across the African tech ecosystem.

As reported in public records reported — not modeled.

US
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$500M$1.0B$1.5B$2.0BSeries D+ · 2023-08-15 Raised $114M (real) Modeled valuation $1.0B (est)$114M$1.0BSeries D+2023

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
Series D+$114.0M · 2023

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A, Series B, Series C — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 17%.

Modeled valuation trajectory
$1.0B
Base estimate est.
$658.9M
Conservative case
$1.6B
Upside case
$950.0M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series D+a $100M–$400M round). Valuation is modeled from stage benchmarks scaled by the manufacturing sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
12%
Dilution assumption
Implied ownership sold in the financing.
87%
Survival probability
69% low · 96% high
1.08×/yr
Annual markup
1.21×/yr upside case
2.9 yr
Elapsed time used
2.9 yr actual, capped for stale marks
manufacturing
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
2.9 yr
On record since
2023
First round
1
Rounds on file
How it compares to the market

Benchmarked against 629 companies in Manufacturing / Industrial. 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) 29× above median
This company$114.0M
Sector median$4.0M
Latest round — vs other Series D+ rounds in sector (real $, this stage) 1.1× above median
This company$114.0M
Sector median$102.0M
Modeled value — vs sector median (estimate, all stages) 73× above median
This company$1.0B
Sector median$14.1M

Raised more than 99% of sector peers (real $). Modeled value above 100% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series D+) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful.

Not enough valued peers in this cohort to chart positioning.

CompanyStageRaised · realValue · estvs peer med.
Founders Factory Africa this companySeries D+$114.0M$1.0B1.22×
Koch Industries IncSeries D+$1.4B$649.2M0.78×
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.
Series D+$114.0M2023-08-15$950.0M$1.0B45%
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. Series D+$114.0M2023-08-15
    • First recorded raise — entered as Series D+.
Intelligence
Modeled next raise
$182.4M
Modeled next size est.range $118.6M$291.8M
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

Founders Factory Africa 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
US
Jurisdiction
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Industrial Services Investments, LLCManufacturing / IndustrialSeries D+$152.9M$1.7Bsame sector · same stage
Mach Industries Inc.Manufacturing / IndustrialSeries D+$186.1M$803.4Msame sector · same stage
Corporate Equipment Leasing LLCManufacturing / IndustrialSeries D+$250.0M$1.8Bsame sector · same stage
Oblong Industries, Inc.Manufacturing / IndustrialSeries C$107.3M$107.7Msame sector
Particle Industries, Inc.Manufacturing / IndustrialSeries B$129.2M$24.0Msame sector
Time Manufacturing Investments, LLCManufacturing / IndustrialSeries C$89.5M$1.0Bsame sector
Koch Industries IncManufacturing / IndustrialSeries D+$1.4B$649.2Msame sector · same stage
Bolder Industries, Inc.Manufacturing / IndustrialSeries C$81.2M$784.0Msame sector
Frequently asked
How much funding has Founders Factory Africa raised?
Founders Factory Africa has raised approximately $114.0M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Founders Factory Africa's estimated valuation?
Provath's modeled valuation for Founders Factory Africa is approximately $1.0B (modeled range $658.9M–$1.6B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Founders Factory Africa at?
Founders Factory Africa's latest modeled financing stage is Series D+. Its most recent recorded round closed around Tue Aug 15.
What does Founders Factory Africa do and where is it based?
Founders Factory Africa operates in the Manufacturing / Industrial sector, based in Africa. Founders Factory Africa has secured an additional US$113 million in funding from Mastercard Foundation and Johnson & Johnson to scale its model to better serve founders across the African tech ecosystem.
Explore related

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

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