Diligence memo · auto-generated · as of July 2, 2026
Norebase
Norebase has raised $1.0M over 1 round; too few niche peers to rank its valuation yet.
Businessfiled
Norebase is a private company, based in Africa. Nigerian trade technology startup Norebase, which is building a single platform for businesses to start, scale and operate in any African country, has secured a US$1 million pre-seed funding round to accelerate its growth.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Norebase has raised $1.0M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $1.0M on 2022-05-06.
Most recent recorded round closed around 2022-05-06.
Valuation (modeled)modeled
Provath models Norebase at approximately $10M (range $667K–$67M). 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
Not enough dated financing history to read a financing rhythm.
Comparablesmixed
Capital scale ranks ahead of 98% of sector peers (8525 compared).
Modeled value ranks above 98% of those peers.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.