Diligence memo · auto-generated · as of July 2, 2026
Saltside Technologies
Saltside Technologies has raised $40M over 1 round; too few niche peers to rank its valuation yet.
Businessfiled
Saltside Technologies operates in Software / Tech, based in Africa. Saltside Technologies raises $40m from Kinnevik, Hillhouse
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Saltside Technologies has raised $40M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $40M on 2015-01-26.
Most recent recorded round closed around 2015-01-26.
Valuation (modeled)modeled
Provath models Saltside Technologies at approximately $1.2B (range $98M–$4.7B). 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 11.4 yr ago; this sector typically re-raises about every 13 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 88% of Software / Tech peers (3920 compared).
Modeled value ranks above 96% of those peers.
Closest niche peers: Ziften Technologies, Inc..
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.