Diligence memo · auto-generated · as of July 2, 2026
Vendease Corp.
Vendease Corp. looks fair against its niche peers and is at-risk on financing cadence.
Businessfiled
Vendease Corp. operates in Other Technology, based in San Francisco, LA, Nigeria; LA, Nigeria. Where restaurants in Africa buy food supplies
Sub-sector tags: Supply Chain, Food & Beverage.
Capital & rounds (filed)filed
Vendease Corp. has raised $22M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $19M on 2022-08-23.
Most recent recorded round closed around 2022-08-23.
Valuation (modeled)modeled
Provath models Vendease Corp. at approximately $276M (range $47M–$706M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.29× the median modeled value of Series B Other Technology companies in 2022–2024 (514 peers) — value vs value, same stage and era. Within the normal band (129% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 10 months.
Last raise 3.9 yr ago; this sector typically re-raises about every 13 months.
Past due for a raise versus sector cadence — watch for distress or a bridge.
The last round stepped up 6.0× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 85% of Other Technology peers (21302 compared).
Modeled value ranks above 87% of those peers.
Closest niche peers: Contabilizei Co, Skan, Inc., Design Barn Inc., SKAEL, Inc., Maze.Design, Inc..
Peoplefiled
5 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.