Diligence memo · auto-generated · as of July 2, 2026
Hotels.ng
Hotels.ng has raised $1.2M over 1 round; too few niche peers to rank its valuation yet.
Businessfiled
Hotels.ng operates in Hospitality / Travel, based in Nigeria, Africa. Nigeria’s Hotels.ng raises $1.2 million from Omidyar Network, EchoVC.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Hotels.ng has raised $1.2M 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: $1.2M on 2015-05-26.
Most recent recorded round closed around 2015-05-26.
Valuation (modeled)modeled
Provath models Hotels.ng at approximately $28M (range $1.1M–$217M). 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 11.1 yr ago; this sector typically re-raises about every 14 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 95% of Hospitality / Travel peers (1027 compared).
Modeled value ranks above 96% 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.