Diligence memo · auto-generated · as of July 2, 2026
Parcelninja
Parcelninja has raised $1.7M over 1 round; too few niche peers to rank its valuation yet.
Businessfiled
Parcelninja operates in Cybersecurity, based in Africa. E-commerce startup Parcelninja raises $1.7m investment 0 By Tom Jackson on February 2, 2015 Southern Africa , Startups South African e-commerce startup Parcelninja, which offers cloud-based warehousing and delivery solutions to online shops, has raised ZAR20 million (US$1.7 million) in investment in order to grow its operations and increase its client base. The investment in Parcelninja , which was founded in 2013 and launched its first commercial services in October last year, comes from C5 Holdings, the parent company of London-based specialist data and cyber security fund manager C5 Capital
Sub-sector tags: cybersecurity, ecommerce/retail.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Parcelninja has raised $1.7M 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: $1.7M on 2015-02-02.
Most recent recorded round closed around 2015-02-02.
Valuation (modeled)modeled
Provath models Parcelninja at approximately $66M (range $1.5M–$516M). 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
Last raise 11.4 yr ago; this sector typically re-raises about every 15 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 38% of Cybersecurity peers (270 compared).
Modeled value ranks above 66% of those peers.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.