Diligence memo · auto-generated · as of July 2, 2026
MaxAB
MaxAB looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
MaxAB operates in Ecommerce / Retail, based in Africa. Egyptian B2B e-commerce marketplace MaxAB has secured seed funding of US$6.2 million to expand across the country and the rest of North Africa.
Sub-sector tags: ecommerce/retail.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
MaxAB has raised $6.2M 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: $6.2M on 2019-09-25.
Most recent recorded round closed around 2019-09-25.
Valuation (modeled)modeled
Provath models MaxAB at approximately $39M (range $5.0M–$307M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 3.10× the median modeled value of Seed Ecommerce / Retail companies in 2019–2021 (7 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Last raise 6.8 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 85% of Ecommerce / Retail peers (123 compared).
Modeled value ranks above 89% of those peers.
Closest niche peers: Taager, Omnibiz, Lumi Inc., Zulzi, Yobante Express.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.