Companies · Ecommerce / Retail

Kasha

Africa · Ecommerce / Retail

Diligence memoA one-page analyst read on Kasha — recommendation, valuation, rhythm, risks.→
$1.0M
Total raised · real
1
Rounds
—
Latest step-up
Top 33%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Wed Apr 01 2020 00:00:00 GMT+0000 (Coordinated Universal Time)

Kasha looks fair against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the retail sector profile.

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

Fair
  • Modeled value is 1.01× the median modeled value of Pre-Seed Ecommerce / Retail companies in 2019–2021 (5 peers) — value vs value, same stage and era.
  • Within the normal band (101% of peer median) for its niche.
Dormant
  • Last raise 6.3 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.
Where it sits in Ecommerce / Retail

Kasha is one of 123 Ecommerce / Retail companies tracked from Africa. By capital raised it ranks mid-pack (ahead of 68% of sector peers), and in the upper tier by modeled valuation est..

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

Rwandan startup Kasha, an e-commerce platform improving women’s access to genuine health, hygiene and self-care products, has secured a US$1 million investment from Finnfund to expand further across Africa.

Rwandan startup Kasha, an e-commerce platform improving women’s access to genuine health, hygiene and self-care products, has secured a US$1 million investment from Finnfund to expand further across Africa.

ecommerce/retail

As reported in public records reported — not modeled.

RW
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$2.5M$5.0M$7.5M$10MPre-Seed · 2020-04-01 Raised $1.0M (real) Modeled valuation $7.8M (est)$1.0M$7.8MPre-Seed2020

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
Pre-Seed$1.0M · 2020

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$7.8M
Base estimate est.
$600K
Conservative case
$89.0M
Upside case
$5.6M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Pre-Seed — a round under $1.0M). Valuation is modeled from stage benchmarks scaled by the retail sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
27%
Survival probability
11% low · 50% high
1.32×/yr
Annual markup
1.78×/yr upside case
6.0 yr
Elapsed time used
6.3 yr actual, capped for stale marks
retail
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
—
Avg between rounds
—
Capital velocity
6.5 yr
On record since
2020
First round
1
Rounds on file
How it compares to the market

Benchmarked against 123 companies in Ecommerce / Retail. 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)▼ 0.4× of median
This company$1.0M
Sector median$2.7M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage)▲ 1.0× above median
This company$1.0M
Sector median$989K
Modeled value — vs sector median (estimate, all stages)▼ 0.6× of median
This company$7.8M
Sector median$12.4M

Raised more than 68% of sector peers (real $). Modeled value above 74% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Pre-Seed) 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. This company ranks #2 of 5.

This companyCohort peer
$1.0M$10.0M$100K$1.0M$10.0MCapital raised (log)Afrikrea · Pre-Seed Raised $1.0M · modeled $7.8M (est)AfricaSokoni · Pre-Seed Raised $995K · modeled $7.8M (est)Wuilt · Pre-Seed Raised $535K · modeled $3.8M (est)DressCode · Pre-Seed Raised $250K · modeled $1.5M (est)Kasha (this company) Raised $1.0M · modeled $7.8M (est)Kasha
CompanyStageRaised · realValue · estvs peer med.
AfrikreaPre-Seed$1.0M$7.8M1.01×
Kasha this companyPre-Seed$1.0M$7.8M1.01×
AfricaSokoniPre-Seed$995K$7.8M1.00×
WuiltPre-Seed$535K$3.8M0.48×
DressCodePre-Seed$250K$1.5M0.19×
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.
Pre-Seed$1.0M2020-04-01$5.6M$7.8M45%
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. Pre-Seed$1.0M2020-04-01
    • First recorded raise — entered as Pre-Seed.
Intelligence
—
Modeled next raise
$1.6M
Modeled next size est.range $1.0M–$2.6M
—
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

Kasha 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
RW
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
AfrikreaEcommerce / RetailPre-Seed$1.0M$7.8Msame sector · same stage
ElloeEcommerce / RetailPre-Seed$1.0M$4.8Msame sector · same stage
SlimTraderEcommerce / RetailPre-Seed$1.0M$7.8Msame sector · same stage
SnapnSaveEcommerce / RetailPre-Seed$1.0M$7.8Msame sector · same stage
AfricaSokoniEcommerce / RetailPre-Seed$995K$7.8Msame sector · same stage
WuiltEcommerce / RetailPre-Seed$535K$3.8Msame sector · same stage
GahezEcommerce / RetailPre-Seed$2.0M$10.3Msame sector · same stage
BossoEcommerce / RetailPre-Seed$400K$1.1Msame sector · same stage
Frequently asked
How much funding has Kasha raised?
Kasha has raised approximately $1.0M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Kasha's estimated valuation?
Provath's modeled valuation for Kasha is approximately $7.8M (modeled range $600K–$89.0M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Kasha at?
Kasha's latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Wed Apr 01.
What does Kasha do and where is it based?
Kasha operates in the Ecommerce / Retail sector, based in Africa. Rwandan startup Kasha, an e-commerce platform improving women’s access to genuine health, hygiene and self-care products, has secured a US$1 million investment from Finnfund to expand further across Africa.
Explore related

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

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