Companies · Crypto / Web3

Nestcoin

Africa · Crypto / Web3

Diligence memoA one-page analyst read on Nestcoin — recommendation, valuation, rhythm, risks.
$6.5M
Total raised · real
1
Rounds
Latest step-up
Top 23%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Tue Feb 01 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

Nestcoin looks over-valued 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 crypto/web3 sector profile.

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

Over-valued
  • Modeled value is 25.45× the median modeled value of Pre-Seed Crypto / Web3 companies in 2022–2024 (13 peers) — value vs value, same stage and era.
Dormant
  • Last raise 4.4 yr ago; this sector typically re-raises about every 7 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.
Where it sits in Crypto / Web3

Nestcoin is one of 196 Crypto / Web3 companies tracked from Africa. By capital raised it ranks in the upper tier (ahead of 78% 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.

Nigeria’s Nestcoin, a company building, operating, and investing in web3 applications, has raised US$6.45 million in pre-seed funding to help it expand its global operations and invest in more products to accelerate crypto adoption and financial freedom for people in frontier markets.

Nigeria’s Nestcoin, a company building, operating, and investing in web3 applications, has raised US$6.45 million in pre-seed funding to help it expand its global operations and invest in more products to accelerate crypto adoption and financial freedom for people in frontier markets.

crypto/web3

As reported in public records reported — not modeled.

NG
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$50M$100M$150M$200MPre-Seed · 2022-02-01 Raised $6.5M (real) Modeled valuation $126M (est)$6.5M$126MPre-Seed2022

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$6.5M · 2022

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

Modeled valuation trajectory
$126.4M
Base estimate est.
$3.5M
Conservative case
$884.5M
Upside case
$35.8M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Pre-Seeda round under $1.0M). Valuation is modeled from stage benchmarks scaled by the crypto/web3 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.
25%
Survival probability
10% low · 45% high
1.83×/yr
Annual markup
2.48×/yr upside case
4.4 yr
Elapsed time used
4.4 yr actual, capped for stale marks
crypto/web3
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
4.4 yr
On record since
2022
First round
1
Rounds on file
How it compares to the market

Benchmarked against 196 companies in Crypto / Web3. 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) 1.8× above median
This company$6.5M
Sector median$3.5M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 19× above median
This company$6.5M
Sector median$342K
Modeled value — vs sector median (estimate, all stages) 2.4× above median
This company$126.4M
Sector median$53.0M

Raised more than 78% of sector peers (real $). Modeled value above 83% 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 #1 of 13.

This companyCohort peer
$100K$1.0M$10.0M$100.0M$1.0B$10K$100K$1.0M$10.0MCapital raised (log)NIL-NFT Holdings, Inc. · Pre-Seed Raised $963K · modeled $18.8M (est)Crypto Colo Center Corp · Pre-Seed Raised $1.0M · modeled $15.9M (est)Hashgreed · Pre-Seed Raised $1.0M · modeled $14.7M (est)Crypto Caverns, LLC · Pre-Seed Raised $862K · modeled $13.5M (est)Gaingels Flipside Crypto LLC · Pre-Seed Raised $437K · modeled $7.6M (est)Magical Blockchain Development LLC · Pre-Seed Raised $400K · modeled $5.0M (est)Kuruma NFT Inc. · Pre-Seed Raised $225K · modeled $4.3M (est)Paradigm Blockchain Holdings Inc · Pre-Seed Raised $250K · modeled $3.9M (est)NFT Labs Corp. · Pre-Seed Raised $345K · modeled $3.8M (est)NFT Delegates LLC · Pre-Seed Raised $130K · modeled $1.9M (est)NFT-TiX, Co. · Pre-Seed Raised $100K · modeled $552K (est)Nestcoin (this company) Raised $6.5M · modeled $126.4M (est)Nestcoin
CompanyStageRaised · realValue · estvs peer med.
Nestcoin this companyPre-Seed$6.5M$126.4M25.45×
NIL-NFT Holdings, Inc.Pre-Seed$963K$18.8M3.78×
Crypto Colo Center CorpPre-Seed$1.0M$15.9M3.19×
HashgreedPre-Seed$1.0M$14.7M2.95×
Crypto Caverns, LLCPre-Seed$862K$13.5M2.73×
Gaingels Flipside Crypto LLCPre-Seed$437K$7.6M1.54×
Magical Blockchain Development LLCPre-Seed$400K$5.0M1.00×
Kuruma NFT Inc.Pre-Seed$225K$4.3M0.86×
Paradigm Blockchain Holdings IncPre-Seed$250K$3.9M0.78×
NFT Labs Corp.Pre-Seed$345K$3.8M0.77×
NFT Delegates LLCPre-Seed$130K$1.9M0.39×
NFT-TiX, Co.Pre-Seed$100K$552K0.11×
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$6.5M2022-02-01$35.8M$126.4M45%
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$6.5M2022-02-01
    • First recorded raise — entered as Pre-Seed.
Intelligence
Modeled next raise
$10.3M
Modeled next size est.range $6.7M$16.5M
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

Nestcoin 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
NG
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
Tokenize Inc.Crypto / Web3Series A$6.3M$55.3Msame sector
NFT Brands Inc.Crypto / Web3Seed$6.1M$36.0Msame sector
African Blockchain LabCrypto / Web3Series A$6.0M$101.7Msame sector
Veriff Inc.Crypto / Web3Series A$7.2M$239.8Msame sector
NFT Now Media, Inc.Crypto / Web3Series A$5.8M$82.0Msame sector
Atlas Blockchain Group Inc.Crypto / Web3Pre-Seed$1.5M$20.1Msame sector · same stage
Cambridge Blockchain, Inc.Crypto / Web3Series A$7.5M$251.3Msame sector
Black Creek Crypto LLCCrypto / Web3Seed$5.5M$52.1Msame sector
Frequently asked
How much funding has Nestcoin raised?
Nestcoin has raised approximately $6.5M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Nestcoin's estimated valuation?
Provath's modeled valuation for Nestcoin is approximately $126.4M (modeled range $3.5M–$884.5M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Nestcoin at?
Nestcoin's latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Tue Feb 01.
What does Nestcoin do and where is it based?
Nestcoin operates in the Crypto / Web3 sector, based in Africa. Nigeria’s Nestcoin, a company building, operating, and investing in web3 applications, has raised US$6.45 million in pre-seed funding to help it expand its global operations and invest in more products to accelerate crypto adoption and financial freedom for people in frontier markets.
Explore related

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

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