# SaaS investors in South Africa (2026 list)

> 11 saaS investors in South Africa, 18% active in the last 12 months. Led by Catalyst Fund, HAVAÍC, E2JDJ. Ranked by what they funded.

Source: https://millionrounds.com/lists/saas-investors-in-south-africa (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# SaaS investors in South Africa

Updated 7 November 2026

Firms observed backing a SaaS company in South Africa in the last two years, wherever the firm is based.

[See all 11 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fsaas-investors-in-south-africa)The top 11

**11** investors on the list No change this week

**5** cheques in 12 months Too few cheques to tell

**$1.6M** median round they joined *-81%* against the market median

**18%** wrote a cheque in 12 months

**27%** have led a round

## The Top 11

Ordered by cheques observed, never by anything anyone paid for

Deploying now (2)

- 1 [Catalyst Fund](https://millionrounds.com/fund/catalyst-fund) *Deploying now* VC firm · Kenya **7** **$1.8M** median round **Sept 2026** last seen
- 2 [HAVAÍC](https://millionrounds.com/fund/havaic) *Deploying now* VC firm · South Africa **5** **$1.8M** median round **Feb 2026** last seen
- 3 [E2JDJ](https://millionrounds.com/fund/e-squared) quiet VC firm · United States **2** **$4.2M** median round **Mar 2025** last seen
- 4 [Holocene](https://millionrounds.com/fund/holocene) quiet VC firm · South Africa **2** **$1.6M** median round **Nov 2025** last seen
- 5 [Jozi Angels](https://millionrounds.com/fund/jozi-angels) quiet Angel network · South Africa **2** **$1M** median round **Oct 2025** last seen
- 6 [NEXT176](https://millionrounds.com/fund/next176) quiet VC firm · South Africa **2** **$2.5M** median round **Mar 2025** last seen
- 7 [Aions](https://millionrounds.com/fund/aions) quiet VC firm **1** **$1.6M** median round **Jan 2025** last seen
- 8 [FNB's Vumela Enterprise Development Fund](https://millionrounds.com/fund/fnb-s-vumela-enterprise-development-fund) quiet Investment firm **1** **$820K** median round **Mar 2025** last seen
- 9 [founders of Anyfin](https://millionrounds.com/fund/founders-of-anyfin) quiet VC firm **1** **$1M** median round **Jan 2025** last seen
- 10 [founders of Banxware](https://millionrounds.com/fund/founders-of-banxware) quiet VC firm **1** **$1M** median round **Jan 2025** last seen
- 11 [founders of Maxidrive](https://millionrounds.com/fund/founders-of-maxidrive) quiet VC firm **1** **$1M** median round **Jan 2025** last seen

## The Newest Cheques

Rounds this list's investors joined most recently

- **17** Sept **[Bekia](https://millionrounds.com/company/bekia)** Seed · $765K *With* [Catalyst Fund](https://millionrounds.com/fund/catalyst-fund)
- **10** Apr **[PowerLabs](https://millionrounds.com/company/powerlabs)** Pre-seed *With* [Catalyst Fund](https://millionrounds.com/fund/catalyst-fund)
- **12** Feb **[Talk360](https://millionrounds.com/company/talk360)** $1.4M *Led by* [HAVAÍC](https://millionrounds.com/fund/havaic)
- **28** Jan **[Enakl](https://millionrounds.com/company/enakl)** Seed · $2.3M *With* [Catalyst Fund](https://millionrounds.com/fund/catalyst-fund)
- **1** Dec **[SwiftVEE](https://millionrounds.com/company/swiftvee)** Series A *With* [HAVAÍC](https://millionrounds.com/fund/havaic)
- **4** Nov **[Farm to Feed](https://millionrounds.com/company/farm-to-feed)** Seed · $1.5M *With* [Catalyst Fund](https://millionrounds.com/fund/catalyst-fund)

## Stages This Year

5 rounds

- Seed **40%**
- Pre-seed **20%**
- secondary **20%**
- Series A **20%**

## What They Backed

Sectors, last 12 months

- Climate Tech **2**
- Automotive & EVs **1**
- B2B **1**
- Agtech **1**
- Energy **1**
- AI **1**

## Cheques by Quarter

Led Joined

14 Q1 25

Q2 25

1 Q3 25

4 Q4 25

2 Q1 26

1 Q2 26

1 Q3 26

Q4 26

The last bar is the quarter still running.

## Lists Like This

- [AI investors in United States 3,683](https://millionrounds.com/lists/ai-investors-in-united-states)
- [Fintech investors in United States 1,166](https://millionrounds.com/lists/fintech-investors-in-united-states)
- [AI investors in United Kingdom 1,039](https://millionrounds.com/lists/ai-investors-in-united-kingdom)
- [Big Data & Analytics investors in United States 1,039](https://millionrounds.com/lists/big-data-investors-in-united-states)
- [Biotech investors in United States 914](https://millionrounds.com/lists/biotech-investors-in-united-states)
- [Energy investors in United States 798](https://millionrounds.com/lists/energy-investors-in-united-states)
- [Robotics investors in United States 797](https://millionrounds.com/lists/robotics-investors-in-united-states)
- [Construction investors in United States 742](https://millionrounds.com/lists/construction-investors-in-united-states)
- [Cybersecurity investors in United States 702](https://millionrounds.com/lists/cybersecurity-investors-in-united-states)

[All investor lists *→*](https://millionrounds.com/lists)

## Reading for founders in b2b software and saas

- Lean B2B: Build Products Businesses Want Étienne Garbugli · 2014 4.16 from 249 ratings on Goodreads B2B software and SaaS About the book www.leanb2bbook.com « This is a must read for every B2B entrepreneur, SaaS creator or consultant and business school student. It's the kind of book you don't read once, you go back to it on a regular basis. » - Carmen Gerea, CEO & Co-founder, UsabilityChefs Lean B2B helps… On AmazonListen on Audible
- The Pricing Roadmap: How to Design B2B SaaS Pricing Models That Your Customers Will Love Ulrik Lehrskov-Schmidt · 2023 4.43 from 207 ratings on Goodreads B2B software and SaaS About the book "The definitive resource on SaaS pricing, I absolutely can not recommend this book enough." Viktor Heide, COO of Contractbook.com, Forbes "30 under 30" A foolproof method to achieve skyrocketing sales, growth, and profits for your software as a service (SaaS) product starts… On AmazonListen on Audible
- Integrity: The Courage to Meet the Demands of Reality Henry Cloud · 2006 4.22 from 3,393 ratings on Goodreads B2B software and SaaS About the book Integrity. It is more than simple honesty. It's the key to success. A person with integrity has the -- often rare -- ability to pull everything together, to make it all happen no matter how challenging the circumstances. Drawing on experiences from his work with Fortune 500… On AmazonListen on Audible
- Blueprints for a SaaS Sales Organization by Jacco vanderKooij Jacco van der Kooij · 2015 4.33 from 324 ratings on Goodreads B2B software and SaaS About the book Because of their very nature, SaaS companies live and die on revenue growth. And once the service is ready there is a very small window in which to scale. Missing that window is the difference between massive success and mediocrity. With such high stakes, it is crucial to get a… On AmazonListen on Audible

More books for founders and investors on the [Reading List](https://millionrounds.com/reading-list?role=founder&model=b2b_software).

As an Amazon Associate we earn from qualifying purchases.

## Quick answers about saaS investors in South Africa

### Who are the most active saaS investors in South Africa?

By cheques observed, the most active are Catalyst Fund, HAVAÍC, E2JDJ, Holocene and Jozi Angels.

### How many saaS investors in South Africa are there?

11 are on record. 18% made an investment in the last 12 months and 27% have led a round.

### Which stages do saaS investors in South Africa back?

Of the rounds with a named stage in the last 12 months, mostly Seed (50%) and Pre-seed (25%).

### How big are the rounds saaS investors in South Africa join?

The typical (median) round among the leading investors here is $1.6M.

### Which sectors do saaS investors in South Africa back most?

In the last 12 months, mostly Climate Tech, Automotive & EVs and B2B.

### Which saaS investors in South Africa lead the most rounds?

HAVAÍC (3 led), NEXT176 (2 led) and Catalyst Fund (1 led).

### Where are saaS investors in South Africa based?

Among the most active, most are based in South Africa (4), Kenya (1) and the United States (1).

### What have saaS investors in South Africa invested in recently?

Recent rounds include Bekia (Seed, Sept 2026, with Catalyst Fund), PowerLabs (Pre-seed, Apr 2026, with Catalyst Fund) and Talk360 (Feb 2026, with HAVAÍC).

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)