Diligence memo · auto-generated · as of July 3, 2026
Simplifyd
Simplifyd has raised $500K over 1 round; too few niche peers to rank its valuation yet.
Businessfiled
Simplifyd is a private company, based in Nigeria, Africa. Nigerian startup Simplifyd, which wants to become the platform of choice for data-free access to the internet across Africa, has raised US$500,000 in pre-seed funding and announced the launch of ZeroData, its toll-free internet application platform.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Simplifyd has raised $500K 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: $500K on 2022-03-21.
Most recent recorded round closed around 2022-03-21.
Valuation (modeled)modeled
Provath models Simplifyd at approximately $5.4M (range $333K–$37M). 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 97% of sector peers (8525 compared).
Modeled value ranks above 97% of those peers.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.