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Sumet Technologies

Sumet Technologies

Private
Dar es SalaamConsumer & Commercehttps://sumet.co

Last Round

Grant

Jan 1, 2026

Total Funding Raised

$1.62M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

Sumet Technologies operates in Consumer & Commerce and is based in Dar es Salaam. Its latest recorded funding round was a Grant round in January 2026.

Sumet Technologies is a logistics and supply chain company that provides a tech-enabled distribution platform for fast-moving consumer goods across Africa.

Sector

Consumer & Commerce

Verticals

Supply Chain, Logistics Software, D2C Brands, Retail Technology

Business Model

B2B

Customer Profile

Services & Consulting, Hardware Sales, Data as a Service

AI Layer

Application

Historical Pricing

Historical view of private secondary pricing and transaction trends.

Pricing history

Caplight clients see full MarketPrice™ history and secondary transactions.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

Momentum history

Caplight clients track how buyer interest and sentiment change over time.

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Sumet Technologies Comparables

Compare Sumet Technologies with similar companies based on industry and business-model similarity.

Sumet Technologies comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Kyosk Digital Services
79%
BetaStore
78%
Chari
77%
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Sumet Technologies Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
GrantJan 1, 2026
Pre SeedMar 1, 2025
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Key People

Founding team and executive leadership

Mahmoud Tawfik

Co-Founder & CTO

Founding Team

Hazem Afify

Chief Executive Officer, Founder

Founding Team

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Sumet Technologies Investors

Notable investors and investment history

Sumet Technologies investors
InvestorRounds
African Business Angel NetworkPre Seed
develoPPP VenturesGrant
Catalytic AfricaPre Seed

Market signals

Structured signals derived from secondary market and firmographic data.

  • Aug 20, 2026

    Monthly visitors grew 533% MoM, from 235 to 1.5K.

  • Aug 14, 2026

    Appointed exclusive distributor for EX-PIDO brand in Tanzania.

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Sumet Technologies Filings

Explore SEC and related filing metadata, where available.

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

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Frequently Asked Questions

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

Is Sumet Technologies a public or private company?

Sumet Technologies is a private company.

What is the current stock price of Sumet Technologies?

Sumet Technologies is a private company, so its shares have no public market price. Caplight tracks Sumet Technologies's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.

How much is Sumet Technologies worth (valuation)?

Valuation information for Sumet Technologies is not publicly available.

Can I buy Sumet Technologies stock?

Sumet Technologies shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.

When was Sumet Technologies's last funding round?

Sumet Technologies's most recent funding round was Grant on January 1, 2026.

Who are the main investors in Sumet Technologies?

Key investors in Sumet Technologies include African Business Angel Network, develoPPP Ventures, Catalytic Africa.

Will Sumet Technologies IPO soon?

No public IPO plans have been announced for Sumet Technologies.

How can I track Sumet Technologies secondary market activity?

Caplight tracks bids, offers, and trades in Sumet Technologies's shares on secondary markets.

Firmographic Details

HeadquartersDar es Salaam
Employee Range67
Year Founded2021
Last FundingJan 1, 2026

Institutional Data Access

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