Companies · Mobility / Logistics

Ridelink

Africa · Mobility / Logistics

Diligence memoA one-page analyst read on Ridelink — recommendation, valuation, rhythm, risks.
$150K
Total raised · real
1
Rounds
Latest step-up
Top 32%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Mon Sep 06 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

Ridelink looks under-valued against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the mobility sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Under-valued
  • Modeled value is 0.45× the median modeled value of Pre-Seed Mobility / Logistics companies in 2019–2021 (11 peers) — value vs value, same stage and era.
Dormant
  • Last raise 4.8 yr ago; this sector typically re-raises about every 10 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.
Where it sits in Mobility / Logistics

Ridelink is one of 431 Mobility / Logistics companies tracked from Africa. By capital raised it ranks mid-pack (ahead of 69% of sector peers), and in the upper tier by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

Ugandan e-logistics startup Ridelink has raised US$150,000 in pre-seed funding to help it scale operations.

Ugandan e-logistics startup Ridelink has raised US$150,000 in pre-seed funding to help it scale operations.

mobility

As reported in public records reported — not modeled.

UG
Jurisdiction
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$500K$1.0M$1.5M$2.0MPre-Seed · 2021-09-06 Raised $150K (real) Modeled valuation $1.9M (est)$150K$1.9MPre-Seed2021

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Pre-Seed$150K · 2021

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$1.9M
Base estimate est.
$90K
Conservative case
$14.7M
Upside case
$833K
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Pre-Seeda round under $1.0M). Valuation is modeled from stage benchmarks scaled by the mobility sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
27%
Survival probability
11% low · 50% high
1.55×/yr
Annual markup
2.10×/yr upside case
4.8 yr
Elapsed time used
4.8 yr actual, capped for stale marks
mobility
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
4.8 yr
On record since
2021
First round
1
Rounds on file
How it compares to the market

Benchmarked against 431 companies in Mobility / Logistics. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 0.0× of median
This company$150K
Sector median$4.0M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 0.3× of median
This company$150K
Sector median$450K
Modeled value — vs sector median (estimate, all stages) 0.1× of median
This company$1.9M
Sector median$24.2M

Raised more than 69% of sector peers (real $). Modeled value above 70% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Pre-Seed) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #10 of 11.

This companyCohort peer
$1.0M$10.0M$100.0M$10K$100K$1.0MCapital raised (log)Fairway Logistics Lv Llc · Pre-Seed Raised $800K · modeled $12.3M (est)Iuvo Logistics, LLC · Pre-Seed Raised $500K · modeled $10.4M (est)Mobility Holdings, Inc · Pre-Seed Raised $500K · modeled $10.4M (est)JAK Logistics Inc. · Pre-Seed Raised $500K · modeled $9.0M (est)Logistics Partners Parent LP · Pre-Seed Raised $500K · modeled $6.9M (est)Pooling & Logistics Experts, Inc. · Pre-Seed Raised $200K · modeled $4.2M (est)BlinkApp · Pre-Seed Raised $210K · modeled $2.4M (est)Taimba · Pre-Seed Raised $100K · modeled $2.1M (est)Pointz Mobility Inc. · Pre-Seed Raised $150K · modeled $1.9M (est)Merlin Mobility, Inc./DE · Pre-Seed Raised $768K · modeled $1.8M (est)Ridelink (this company) Raised $150K · modeled $1.9M (est)Ridelink
CompanyStageRaised · realValue · estvs peer med.
Fairway Logistics Lv LlcPre-Seed$800K$12.3M2.95×
Iuvo Logistics, LLCPre-Seed$500K$10.4M2.50×
Mobility Holdings, IncPre-Seed$500K$10.4M2.50×
JAK Logistics Inc.Pre-Seed$500K$9.0M2.17×
Logistics Partners Parent LPPre-Seed$500K$6.9M1.67×
Pooling & Logistics Experts, Inc.Pre-Seed$200K$4.2M1.00×
BlinkAppPre-Seed$210K$2.4M0.58×
TaimbaPre-Seed$100K$2.1M0.50×
Pointz Mobility Inc.Pre-Seed$150K$1.9M0.45×
Ridelink this companyPre-Seed$150K$1.9M0.45×
Merlin Mobility, Inc./DEPre-Seed$768K$1.8M0.43×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Pre-Seed$150K2021-09-06$833K$1.9M45%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Pre-Seed$150K2021-09-06
    • First recorded raise — entered as Pre-Seed.
Intelligence
Modeled next raise
$240K
Modeled next size est.range $156K$384K
Last step-up
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Registry & provenance

Ridelink is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
UG
Jurisdiction
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Pointz Mobility Inc.Mobility / LogisticsPre-Seed$150K$1.9Msame sector · same stage
Redirections Logistics, Inc.Mobility / LogisticsPre-Seed$151K$1.2Msame sector · same stage
GoLorry IncMobility / LogisticsPre-Seed$175K$3.6Msame sector · same stage
CKWhip Logistics, LLCMobility / LogisticsPre-Seed$200K$435Ksame sector · same stage
HitchHikerMobility / LogisticsPre-Seed$200K$4.2Msame sector · same stage
Pooling & Logistics Experts, Inc.Mobility / LogisticsPre-Seed$200K$4.2Msame sector · same stage
EV Bots, Inc.Mobility / LogisticsPre-Seed$203K$1.1Msame sector · same stage
BlinkAppMobility / LogisticsPre-Seed$210K$2.4Msame sector · same stage
Frequently asked
How much funding has Ridelink raised?
Ridelink has raised approximately $150K in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Ridelink's estimated valuation?
Provath's modeled valuation for Ridelink is approximately $1.9M (modeled range $90K–$14.7M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Ridelink at?
Ridelink's latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Mon Sep 06.
What does Ridelink do and where is it based?
Ridelink operates in the Mobility / Logistics sector, based in Africa. Ugandan e-logistics startup Ridelink has raised US$150,000 in pre-seed funding to help it scale operations.
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