Diligence memo · auto-generated · as of July 2, 2026
Otida
Otida has raised $340K over 1 round; too few niche peers to rank its valuation yet.
Businessfiled
Otida is a private company, based in Africa. Egyptian e-health startup Otida has raised US$340,000 in funding to boost its goal of improving the lives of 5,000 diabetes patients in Egypt and the Middle East this year.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Otida has raised $340K 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: $340K on 2022-03-30.
Most recent recorded round closed around 2022-03-30.
Valuation (modeled)modeled
Provath models Otida at approximately $3.7M (range $227K–$24M). 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 97% of sector peers (8525 compared).
Modeled value ranks above 97% of those peers.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.