Diligence memo · auto-generated · as of July 2, 2026
Revix
Revix looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Revix operates in Crypto / Web3, based in Cape Town, Africa. SA crypto startup Revix raises $4m to launch mobile app, expand to EU 0 By Tom Jackson on April 15, 2021 News , Southern Africa South African cryptocurrency investment platform Revix has raised ZAR58.5 million (US$4 million) in funding to help it launch a mobile and expand to the European Union (EU). Revix , which has offices in Cape Town and London, has the aim of making investments in cryptocurrency funds more accessible to ordinary investors, and was founded by Sean Sanders and Louis Buys in 2018 on the back of a funding round from JSE-listed firm Sabvest .
Sub-sector tags: crypto/web3.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Revix has raised $4.0M 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: $4.0M on 2021-04-15.
Most recent recorded round closed around 2021-04-15.
Valuation (modeled)modeled
Provath models Revix at approximately $108M (range $3.0M–$684M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.77× the median modeled value of Seed Crypto / Web3 companies in 2019–2021 (13 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Last raise 5.2 yr ago; this sector typically re-raises about every 7 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 72% of Crypto / Web3 peers (196 compared).
Modeled value ranks above 81% of those peers.
Closest niche peers: Truffle Blockchain Group, Inc., NFT Genius Inc., Keynua Inc., Rocketfuel Blockchain, Inc., VALR.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.