Diligence memo · auto-generated · as of July 2, 2026
Renda
Renda has raised $1.9M over 1 round; too few niche peers to rank its valuation yet.
Businessfiled
Renda is a private company, based in Nigeria, Africa. Nigeria’s Renda, a Nigerian technology solution that simplifies order fulfillment and retail distribution for businesses in Africa, has closed a US$1.9 million pre-seed round of equity and debt funding to enhance its offerings and drive expansion.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Renda has raised $1.9M 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: $1.9M on 2024-05-03.
Most recent recorded round closed around 2024-05-03.
Valuation (modeled)modeled
Provath models Renda at approximately $8.2M (range $1.3M–$29M). 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.