Diligence memo · auto-generated · as of July 2, 2026
Hepstar
Hepstar has raised $2.0M over 1 round; too few niche peers to rank its valuation yet.
Businessfiled
Hepstar operates in Insurance, based in Cape Town, Africa. By Milad Mosapoor (Own work) [Public domain], via Wikimedia Commons Cape Town insurance startup Hepstar bags $2m funding 0 By Tom Jackson on February 24, 2016 News , Southern Africa Cape Town-based digital insurance distribution startup Hepstar has received US$$2 million in funding from Amadeus Capital Partners, which it plans to use to expand its global reach, accelerate its tech development and grow its brand. Launched in 2013, Hepstar helps the likes of airlines, e-commerce and travel companies to maximise revenue from ancillaries, ands has over the last year grown its presence across Afric
Sub-sector tags: ecommerce/retail, insurance.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Hepstar has raised $2.0M 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: $2.0M on 2016-02-24.
Most recent recorded round closed around 2016-02-24.
Valuation (modeled)modeled
Provath models Hepstar at approximately $37M (range $1.8M–$292M). 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
Last raise 10.4 yr ago; this sector typically re-raises about every 12 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 76% of Insurance peers (146 compared).
Modeled value ranks above 83% of those peers.
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.