Companies · Sports & Fitness
Africa · Sports & Fitness
Diligence memoA one-page analyst read on Welnes — recommendation, valuation, rhythm, risks.→Welnes looks under-valued against its niche peers and is dormant on financing cadence.
Synthesized from the figures below est. — every claim rests on a number shown on this page.
Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.
Welnes is one of 214 Sports & Fitness companies tracked from Africa. By capital raised it ranks in the long tail (ahead of 29% of sector peers), and in the long tail by modeled valuation est..
Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.
Egyptian fitness app Welnes has closed a US$300,000 seed funding round to expand its team and prepare for GCC expansion by 2023.
Egyptian fitness app Welnes has closed a US$300,000 seed funding round to expand its team and prepare for GCC expansion by 2023.
As reported in public records reported — not modeled.
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.
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.
Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.
Round size and date are reported; the stage label is inferred from round size (latest is Seed — a $1.0M–$4.0M round). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.
Not enough modeled valuation points to chart a trajectory.
Benchmarked against 214 companies in Sports & Fitness. 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.
Raised more than 29% of sector peers (real $). Modeled value above 33% of peers (estimate).
A tighter cohort than the sector chart above — only companies at the same stage (Seed) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #19 of 21.
| Company | Stage | Raised · real | Value · est | vs peer med. |
|---|---|---|---|---|
| MW Fitness Holdings, LLC | Seed | $5.5M | $20.7M | 2.29× |
| So Cal Gyms II LLC | Seed | $3.1M | $20.3M | 2.25× |
| Athletic Estate, Inc. | Seed | $3.0M | $18.7M | 2.07× |
| Sports Visio, Inc. | Seed | $6.1M | $17.7M | 1.96× |
| New England Sports Hub & Event Center, LLC | Seed | $3.2M | $16.7M | 1.85× |
| New England Sports Hub Real Estate, LLC | Seed | $2.9M | $15.2M | 1.69× |
| Moonwalk Fitness Inc. | Seed | $3.4M | $14.5M | 1.60× |
| F5 Sports, Inc. | Seed | $5.3M | $14.2M | 1.57× |
| Safer Sports, Inc. | Seed | $2.6M | $13.4M | 1.49× |
| EAMG Sports, LLC | Seed | $3.0M | $11.0M | 1.22× |
| Sports Thread Inc | Seed | $5.1M | $9.0M | 1.00× |
| Taurus Gym Holdings, LLC | Seed | $1.5M | $8.9M | 0.99× |
| Welnes this company | Seed | $300K | $2.9M | 0.33× |
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.
| Stage | Amount · real | Announced | Post-money · est | Value · est | Conf. |
|---|---|---|---|---|---|
| Seed | $300K | 2022-03-22 | $1.5M | $2.9M | 45% |
Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.
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.
Welnes is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.
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.
| Company | Sector | Stage | Raised · real | Value · est | Why similar |
|---|---|---|---|---|---|
| Alpha Fitness LLC | Sports & Fitness | Pre-Seed | $300K | $6.9M | same sector |
| Cadet Athletic Performance LLC | Sports & Fitness | Pre-Seed | $310K | $733K | same sector |
| Sport Source Inc | Sports & Fitness | Pre-Seed | $288K | $6.1M | same sector |
| STL Athletic Holding Co LLC | Sports & Fitness | Seed | $1.0M | $8.7M | same sector · same stage |
| Local Sports Network Inc. | Sports & Fitness | Seed | $1.1M | $14.4M | same sector · same stage |
| Rewire Fitness, Inc. | Sports & Fitness | Pre-Seed | $320K | $1.3M | same sector |
| Pelo Fitness Russian Hill, Llc | Sports & Fitness | Pre-Seed | $325K | $7.5M | same sector |
| Hit & Run Sports Holdings LLC | Sports & Fitness | Seed | $1.2M | $22.2M | same sector · same stage |
See where Welnes sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.
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