Diligence memo · auto-generated · as of July 2, 2026
Ridelink
Ridelink looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Ridelink operates in Mobility / Logistics, based in Africa. Ugandan e-logistics startup Ridelink has raised US$150,000 in pre-seed funding to help it scale operations.
Sub-sector tags: mobility.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Ridelink has raised $150K 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: $150K on 2021-09-06.
Most recent recorded round closed around 2021-09-06.
Valuation (modeled)modeled
Provath models Ridelink at approximately $1.9M (range $90K–$15M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: 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.
Financing rhythm & timingmixed
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.
Comparablesmixed
Capital scale ranks ahead of 69% of Mobility / Logistics peers (431 compared).
Modeled value ranks above 70% of those peers.
Closest niche peers: Fairway Logistics Lv Llc, Iuvo Logistics, LLC, Mobility Holdings, Inc, JAK Logistics Inc., Logistics Partners Parent LP.
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.