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FoondaMate

FoondaMate

Private
Cape TownAI, Data & Cloud Infrastructurehttps://foondamate.com/

Last Round

Grant

Sep 24, 2024

Total Funding Raised

$2M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

FoondaMate is an educational software company that provides an AI-powered chatbot platform to give students with limited internet access instant access to study materials, homework help, and exam resources.

Sector

AI, Data & Cloud Infrastructure

Verticals

NLP & Conversational AI, Enterprise Communication

Business Model

B2C

Customer Profile

Subscription SaaS, Freemium

AI Layer

Application

Keywords

AI study assistantconversational AIWhatsApp study botAI tutoredtechsubscription SaaSlow-bandwidth educationmobile-first learningLLM applicationhomework helpfreemium educationAI homework solveracademic supportchatbot tutor

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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FoondaMate Comparables

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FoondaMate comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Buddy Learning
89%
Sammo
86%
Matric Live
80%

FoondaMate Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
GrantSep 24, 2024
SeedMay 24, 2022

Key People

Founding team and executive leadership

Dacod Magagula

Co-Founder, CEO CTO At Foondamate

Founding Team

FoondaMate Investors

Notable investors and investment history

FoondaMate investors
InvestorRounds
EmergeSeed
LocalGlobeSeed
LoftyInc Capital ManagementSeed
Future AfricaSeed
EmergeSeed
Phoenix Court GroupSeed

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jul 26, 2026

    Monthly visitors increased 34% MoM, reaching 14K.

  • Jul 15, 2026

    Grew 30% QoQ from 10 to 13 employees.

FoondaMate Filings

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FoondaMate filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about FoondaMate's valuation, stock price, and market status.

Is FoondaMate a public or private company?

FoondaMate is a private company.

What is the current stock price of FoondaMate?

FoondaMate is a private company with no public stock price. No recent secondary market data is available.

How much is FoondaMate worth (valuation)?

Valuation information for FoondaMate is not publicly available.

Can I buy FoondaMate stock?

FoondaMate shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was FoondaMate's last funding round?

FoondaMate's most recent funding round was Seed on May 24, 2022.

Who are the main investors in FoondaMate?

Key investors in FoondaMate include LocalGlobe.

Will FoondaMate IPO soon?

No public IPO plans have been announced for FoondaMate.

How can I track FoondaMate secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor FoondaMate's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersCape Town
Employee Range9
Year Founded2020
Last FundingSep 24, 2024

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