Companies

SweepSouth

Africa

Diligence memoA one-page analyst read on SweepSouth — recommendation, valuation, rhythm, risks.
$600K
Total raised · real
1
Rounds
Latest step-up
Top 4%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Mon Jan 25 2016 00:00:00 GMT+0000 (Coordinated Universal Time)

SweepSouth has raised $600K 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.

Leadership

No named principal in this company's public records yet — see all operators below.

8 Investors

SA on-demand home cleaning startup SweepSouth raises $600k 0 By Tom Jackson on January 25, 2016 News , Southern Africa South African on-demand home cleaning startup SweepSouth has secured ZAR10 million (US$608,000) in new funding from the Vumela Fund, as well as existing investors Vinny Lingham and Llew Claasen’s Newtown Partners. Essentially an Uber for home cleaning services, SweepSouth raised seed funding early last year from Lingham and Newtown Partners, as well as the likes of Pule Taukobong’s Africa Angels Network (AAN) and Polo Leteka Radebe’s Identity Development Fund (IDF).

SA on-demand home cleaning startup SweepSouth raises $600k 0 By Tom Jackson on January 25, 2016 News , Southern Africa South African on-demand home cleaning startup SweepSouth has secured ZAR10 million (US$608,000) in new funding from the Vumela Fund, as well as existing investors Vinny Lingham and Llew Claasen’s Newtown Partners. Essentially an Uber for home cleaning services, SweepSouth raised seed funding early last year from Lingham and Newtown Partners, as well as the likes of Pule Taukobong’s Africa Angels Network (AAN) and Polo Leteka Radebe’s Identity Development Fund (IDF).

As reported in public records reported — not modeled.

ZA
Jurisdiction
8
Investors (latest)
Amount raised vs valuation, by round

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.

Amount raised · realModeled valuation · estCumulative funded · real
$0$5.0M$10M$15M$20MPre-Seed · 2016-01-25 Raised $600K (real) Modeled valuation $14M (est)$600K$14MPre-Seed2016

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.

Financing ladder & sequence gaps
Pre-Seed$600K · 2016

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$13.9M
Base estimate est.
$400K
Conservative case
$157.2M
Upside case
$3.3M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Pre-Seeda round under $1.0M). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
30%
Survival probability
12% low · 55% high
1.55×/yr
Annual markup
2.10×/yr upside case
6.0 yr
Elapsed time used
10.4 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
10.4 yr
On record since
2016
First round
1
Rounds on file
How it compares to the market

Benchmarked against 8525 companies in this sector. 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.

Total raised — vs sector median (real $, all stages) 0.5× of median
This company$600K
Sector median$1.3M
Modeled value — vs sector median (estimate, all stages) 1.0× of median
This company$13.9M
Sector median$14.6M

Raised more than 97% of sector peers (real $). Modeled value above 98% of peers (estimate).

Full financing history

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.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Pre-Seed$600K2016-01-25$3.3M$13.9M45%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Pre-Seed$600K2016-01-25
    • First recorded raise — entered as Pre-Seed.
    • 8 investors on this round.
Intelligence
Modeled next raise
$960K
Modeled next size est.range $624K$1.5M
Last step-up
Capital velocity

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.

Registry & provenance

SweepSouth is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
ZA
Jurisdiction
Investors

Public records name issuer insiders, not the funds in a round — these investor links come from corroborating sources.

FirmRoundConfidence
Africa AngelsPre-Seed55%
First Rand GroupPre-Seed55%
Identity Development FundPre-Seed55%
Jobs FundPre-Seed55%
LinghamPre-Seed55%
Newtown PartnersPre-Seed55%
SweepSouthPre-Seed55%
Vumela FundPre-Seed55%
Frequently asked
How much funding has SweepSouth raised?
SweepSouth has raised approximately $600K in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is SweepSouth's estimated valuation?
Provath's modeled valuation for SweepSouth is approximately $13.9M (modeled range $400K–$157.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is SweepSouth at?
SweepSouth's latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Mon Jan 25.
What does SweepSouth do and where is it based?
SweepSouth is a private company, based in Africa. SA on-demand home cleaning startup SweepSouth raises $600k 0 By Tom Jackson on January 25, 2016 News , Southern Africa South African on-demand home cleaning startup SweepSouth has secured ZAR10 million (US$608,000) in new funding from the Vumela Fund, as well as existing investors Vinny Lingham and Llew Claasen’s Newtown Partners. Essentially an Uber for home cleaning services, SweepSouth raised seed funding early last year from Lingham and Newtown Partners, as well as the likes of Pule Taukobong’s Africa Angels Network (AAN) and Polo Leteka Radebe’s Identity Development Fund (IDF).
Explore related

See where SweepSouth sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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