Diligence memo · auto-generated · as of July 2, 2026
Pineapple
Pineapple has raised $400K over 1 round; too few niche peers to rank its valuation yet.
Businessfiled
Pineapple operates in Insurtech. SA insurtech startup Pineapple raises $400k funding 0 By Tom Jackson on September 1, 2017 News , Southern Africa Johannesburg-based insurtech startup Pineapple has secured seed funding of ZAR5.2 million (US$400,000) from Lireas Holdings, the strategic investment arm of Hannover Re Group Africa, as it prepares to launch by the end of the year. The funding raised by Pineapple , which is in return for a minority shareholding, will assist the startup in bringing its peer-to-peer insurance offering to market.
Sub-sector tags: insurance, insurtech.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Pineapple has raised $400K 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: $400K on 2017-09-01.
Most recent recorded round closed around 2017-09-01.
Valuation (modeled)modeled
Provath models Pineapple at approximately $14M (range $261K–$154M). 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 8.8 yr ago; this sector typically re-raises about every 18 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 13% of Insurtech peers (16 compared).
Modeled value ranks above 50% of those peers.
Peoplefiled
6 named people on file across officers, directors and signatories.
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.