Diligence memo · auto-generated · as of July 2, 2026
Sumet
Sumet has raised $1.5M over 1 round; too few niche peers to rank its valuation yet.
Businessfiled
Sumet is a private company, based in Tanzania, Africa. Tanzania’s Sumet Technologies, an innovative fast-moving consumer goods (FMCG) distribution company, has closed a US$1.5 million pre-seed funding round to drive its expansion across key strategic areas.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Sumet has raised $1.5M 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: $1.5M on 2025-03-28.
Most recent recorded round closed around 2025-03-28.
Valuation (modeled)modeled
Provath models Sumet at approximately $4.3M (range $1.0M–$12M). 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 98% 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.