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.

DeprioritizeFinancing has gone silent well past the sector's normal cadence — treat as inactive until outside confirmation of a live operation.

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.