Diligence memo · auto-generated · as of July 2, 2026
SnapnSave
SnapnSave has raised $1.0M over 1 round; too few niche peers to rank its valuation yet.
Businessfiled
SnapnSave operates in Ecommerce / Retail, based in Africa. SA e-commerce startup SnapnSave raises $1m 0 By Tom Jackson on August 15, 2017 News , Southern Africa South African online shopping community SnapnSave has raised ZAR14 million (US$1 million) from Kalon Venture Partners and Smollan Group to help it grow its app downloads and expand into new markets. Kalon Venture Partners , which recently rebranded from previous identity Grotech, and Smollan Group SA , have each invested ZAR7 million (US$500,000) to acquire minority stakes in SnapnSave .
Sub-sector tags: ecommerce/retail.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
SnapnSave has raised $1.0M 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: $1.0M on 2017-08-15.
Most recent recorded round closed around 2017-08-15.
Valuation (modeled)modeled
Provath models SnapnSave at approximately $7.8M (range $600K–$89M). 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 8.9 yr ago; this sector typically re-raises about every 12 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 68% of Ecommerce / Retail peers (123 compared).
Modeled value ranks above 74% of those peers.
Closest niche peers: OrderStorm Ecommerce, 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.