Companies · Crypto / Web3

The Sun Exchange

SA · Africa · Crypto / Web3

Diligence memoA one-page analyst read on The Sun Exchange — recommendation, valuation, rhythm, risks.
$1.6M
Total raised · real
1
Rounds
Latest step-up
Top 43%
Sector rank · raised
Growth/Late
Latest stage · inferred · Thu Oct 19 2017 00:00:00 GMT+0000 (Coordinated Universal Time)

The Sun Exchange has raised $1.6M 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. Valuation uses the crypto/web3 sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Dormant
  • Last raise 8.7 yr ago; this sector typically re-raises about every 7 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.
Leadership

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

2 Investors
Where it sits in Crypto / Web3

The Sun Exchange is one of 196 Crypto / Web3 companies tracked from SA, Africa. By capital raised it ranks mid-pack (ahead of 58% of sector peers), and in the upper tier by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

SA’s The Sun Exchange raises $1.6m to accelerate growth 0 By Tom Jackson on October 19, 2017 News , Southern Africa South African blockchain-based peer-to-peer solar lending startup The Sun Exchange has received US$1.6 million in funding from a host of investors to accelerate its growth. The Sun Exchange allows users to crowdfund solar projects in Africa using bitcoin, increasing transparency and reducing the cost of the cross-border transactions.

SA’s The Sun Exchange raises $1.6m to accelerate growth 0 By Tom Jackson on October 19, 2017 News , Southern Africa South African blockchain-based peer-to-peer solar lending startup The Sun Exchange has received US$1.6 million in funding from a host of investors to accelerate its growth. The Sun Exchange allows users to crowdfund solar projects in Africa using bitcoin, increasing transparency and reducing the cost of the cross-border transactions.

climate/cleantechcrypto/web3

As reported in public records reported — not modeled.

ZA
Jurisdiction
2
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$25M$50M$75M$100MGrowth/Late · 2017-10-19 Raised $1.6M (real) Modeled valuation $63M (est)$1.6M$63MGrowth/Late2017

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
Growth/Late$1.6M · 2017

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A, Series B, Series C, Series D+ — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 14%.

Modeled valuation trajectory
$62.9M
Base estimate est.
$10.2M
Conservative case
$113.3M
Upside case
$16.0M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Growth/Latea round over $400M). Valuation is modeled from stage benchmarks scaled by the crypto/web3 sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
10%
Dilution assumption
Implied ownership sold in the financing.
74%
Survival probability
64% low · 80% high
1.32×/yr
Annual markup
1.44×/yr upside case
6.0 yr
Elapsed time used
8.7 yr actual, capped for stale marks
crypto/web3
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
8.7 yr
On record since
2017
First round
1
Rounds on file
How it compares to the market

Benchmarked against 196 companies in Crypto / Web3. 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$1.6M
Sector median$3.5M
Latest round — vs other Growth/Late rounds in sector (real $, this stage) 0.0× of median
This company$1.6M
Sector median$486.2M
Modeled value — vs sector median (estimate, all stages) 1.2× above median
This company$62.9M
Sector median$53.1M

Raised more than 58% of sector peers (real $). Modeled value above 74% 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.
Growth/Late$1.6M2017-10-19$16.0M$62.9M45%
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. Growth/Late$1.6M2017-10-19
    • First recorded raise — entered as Growth/Late.
    • 2 investors on this round.
Intelligence
Modeled next raise
$2.6M
Modeled next size est.range $1.7M$4.1M
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

The Sun Exchange 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
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Rubicon DeFi, Inc.Crypto / Web3Seed$1.6M$28.8Msame sector
Keynua Inc.Crypto / Web3Seed$1.6M$66.0Msame sector
DeFi Ventures Inc.Crypto / Web3Seed$1.5M$37.7Msame sector
VALRCrypto / Web3Seed$1.5M$61.7Msame sector
Commonwealth Crypto, Inc.Crypto / Web3Seed$1.5M$61.7Msame sector
Atlas Blockchain Group Inc.Crypto / Web3Pre-Seed$1.5M$20.1Msame sector
Cambridge Blockchain, LLCCrypto / Web3Seed$1.8M$73.4Msame sector
Nume Crypto Inc.Crypto / Web3Seed$2.0M$29.7Msame sector
Investors

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

FirmRoundConfidence
Kalon Venture PartnersGrowth/Late55%
Network Society VenturesGrowth/Late55%
Frequently asked
How much funding has The Sun Exchange raised?
The Sun Exchange has raised approximately $1.6M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is The Sun Exchange's estimated valuation?
Provath's modeled valuation for The Sun Exchange is approximately $62.9M (modeled range $10.2M–$113.3M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is The Sun Exchange at?
The Sun Exchange's latest modeled financing stage is Growth/Late. Its most recent recorded round closed around Thu Oct 19.
What does The Sun Exchange do and where is it based?
The Sun Exchange operates in the Crypto / Web3 sector, based in SA, Africa. SA’s The Sun Exchange raises $1.6m to accelerate growth 0 By Tom Jackson on October 19, 2017 News , Southern Africa South African blockchain-based peer-to-peer solar lending startup The Sun Exchange has received US$1.6 million in funding from a host of investors to accelerate its growth. The Sun Exchange allows users to crowdfund solar projects in Africa using bitcoin, increasing transparency and reducing the cost of the cross-border transactions.
Explore related

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

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