Diligence memo · auto-generated · as of July 2, 2026
Twiga
Twiga has raised $50M over 1 round; too few niche peers to rank its valuation yet.
Businessfiled
Twiga operates in Ecommerce / Retail, based in Kenya, Africa. Kenyan B2B e-commerce platform Twiga has raised a US$50 million Series C funding round to help it scale its affordable food solutions across Africa.
Sub-sector tags: ecommerce/retail.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Twiga has raised $50M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).
Largest single filing: $50M on 2021-11-01.
Most recent recorded round closed around 2021-11-01.
Valuation (modeled)modeled
Provath models Twiga at approximately $277M (range $174M–$608M). 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 4.7 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 95% of Ecommerce / Retail peers (123 compared).
Modeled value ranks above 98% of those peers.
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.