Companies · Investment Vehicle
Africa · Investment Vehicle · founded 2020
Diligence memoA one-page analyst read on Sourcefin — recommendation, valuation, rhythm, risks.→Sourcefin has raised $8.2M over 1 round; too few niche peers to rank its valuation yet.
Synthesized from the figures below est. — every claim rests on a number shown on this page.
No named principal in this company's public records yet — see all operators below.
Sourcefin is one of 1793 Investment Vehicle companies tracked from Africa, on record since 2020. By capital raised it ranks mid-pack (ahead of 68% of sector peers), and mid-pack by modeled valuation est..
Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.
SA fintech Sourcefin raises $8.2m funding from Futuregrowth to boost access to SME finance 0 By Tom Jackson on December 19, 2024 News , Southern Africa South African fintech and alternative funding provider Sourcefin, which provides access to finance and specialist supply chain support for small and medium-sized enterprises (SMMEs), has secured ZAR150 million (US$8.2 million) in funding from Futuregrowth Asset Management. Founded in 2020, Sourcefin is an enabler of the forgotten SMME and addresses the critical gap in SMME financing, empowering businesses to overcome working capital challenges
SA fintech Sourcefin raises $8.2m funding from Futuregrowth to boost access to SME finance 0 By Tom Jackson on December 19, 2024 News , Southern Africa South African fintech and alternative funding provider Sourcefin, which provides access to finance and specialist supply chain support for small and medium-sized enterprises (SMMEs), has secured ZAR150 million (US$8.2 million) in funding from Futuregrowth Asset Management. Founded in 2020, Sourcefin is an enabler of the forgotten SMME and addresses the critical gap in SMME financing, empowering businesses to overcome working capital challenges
As reported in public records reported — not modeled.
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.
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.
Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 33%.
Round size and date are reported; the stage label is inferred from round size (latest is Series A — a $4.0M–$15M round). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.
Not enough modeled valuation points to chart a trajectory.
Benchmarked against 1793 companies in Investment Vehicle. 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.
Raised more than 68% of sector peers (real $). Modeled value above 55% of peers (estimate).
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.
| Stage | Amount · real | Announced | Post-money · est | Value · est | Conf. |
|---|---|---|---|---|---|
| Series A | $8.2M | 2024-12-19 | $37.3M | $32.5M | 45% |
Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.
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.
Sourcefin is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.
Public records name issuer insiders, not the funds in a round — these investor links come from corroborating sources.
| Firm | Round | Confidence |
|---|---|---|
| Futuregrowth Asset Management | Series A | 55% |
| High Growth Developmental Equity | Series A | 55% |
| Retail Capital | Series A | 55% |
See where Sourcefin sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.
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