# Top 50 Startups in South Africa by Funding (2026)

> The 50 best-funded startups in South Africa, ranked by total funding raised: $2.8B combined. With founding year, headquarters and each company's rounds.

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

- 1 [**Perk**](https://millionrounds.com/company/perk) *Founded* 2003 South Africa **$500M** last round Jun 2026
- 2 [**Tyme Group** Tyme is creating a multi-country digital bank focused on emerging markets.](https://millionrounds.com/company/tyme-group) Tyme is creating a multi-country digital bank focused on emerging markets. *Founded* 2020 South Africa **$250M** last round Dec 2024
- 3 [**Altvest Capital Limited**](https://millionrounds.com/company/altvest-capital-limited) *Founded* - South Africa **$210M** last round Sept 2025
- 4 [**Nile**](https://millionrounds.com/company/nile) *Founded* - South Africa **$198M** last round Jun 2025
- 5 [**Flow** Flow helps venture capital, private equity, and real estate investment firms deliver a best-in-class experience for Limited Partners, cut service provider costs](https://millionrounds.com/company/flow) Flow helps venture capital, private equity, and real estate investment firms deliver a best-in-class experience for Limited Partners, cut service provider costs *Founded* - South Africa **$173M** last round Apr 2025
- 6 [**Yoco** Yoco is a South African fintech company that specializes in point-of-sale payment hardware and software solutions for small and medium-sized businesses (SMEs).](https://millionrounds.com/company/yoco) Yoco is a South African fintech company that specializes in point-of-sale payment hardware and software solutions for small and medium-sized businesses (SMEs). *Founded* 2015 Cape Town, South Africa **$118M** last round Nov 2026
- 7 [**takealot.com** Takealot is South Africa’s largest online retailer, offering a wide variety of products through its e-commerce platform.](https://millionrounds.com/company/takealot-com) Takealot is South Africa’s largest online retailer, offering a wide variety of products through its e-commerce platform. *Founded* 2011 Cape Town, South Africa **$100M** last round May 2014
- 8 [**Jumo**](https://millionrounds.com/company/jumo) *Founded* - South Africa **$100M** last round Nov 2025
- 9 [**WeBuyCars** Webuycars is specialised car buying service](https://millionrounds.com/company/webuycars) Webuycars is specialised car buying service *Founded* 2001 Centurion, South Africa **$94M** last round Sept 2018
- 10 [**Cassava Technologies** Cassava Technologies is an information technology company.](https://millionrounds.com/company/cassava-technologies) Cassava Technologies is an information technology company. *Founded* 2021 London, South Africa **$90M** last round Oct 2025
- 11 [**Lula** Lula is a prominent South African fintech company focused on enhancing business banking and funding for Small and Medium-sized Enterprises (SMEs).](https://millionrounds.com/company/lula) Lula is a prominent South African fintech company focused on enhancing business banking and funding for Small and Medium-sized Enterprises (SMEs). *Founded* 2014 Cape Town, South Africa **$85M** last round Feb 2026
- 12 [**Takelot**](https://millionrounds.com/company/takelot) *Founded* - South Africa **$69M** last round Apr 2017
- 13 [**Tekkie Town** Tekkie Town owns and operates a chain of sport and lifestyle shoe stores in South Africa.](https://millionrounds.com/company/tekkie-town) Tekkie Town owns and operates a chain of sport and lifestyle shoe stores in South Africa. *Founded* 2001 South Africa **$65M** last round Nov 2014
- 14 [**SolarSaver** SolarSaver offers customized solar photovoltaic and solar-battery hybrid solutions.](https://millionrounds.com/company/solarsaver) SolarSaver offers customized solar photovoltaic and solar-battery hybrid solutions. *Founded* 2016 Sandton, South Africa **$60M** last round Nov 2025
- 15 [**One Africa Media** One Africa Media operates as a portfolio of online marketplaces with a focus on employment, auto, property and travel sectors.](https://millionrounds.com/company/one-africa-media) One Africa Media operates as a portfolio of online marketplaces with a focus on employment, auto, property and travel sectors. *Founded* 2010 Umhlanga, South Africa **$50M** last round Jul 2019
- 16 [**maxwell+spark** maxwell+spark empowering industrial users to transition to clean, renewable energy through innovation, precision engineering.](https://millionrounds.com/company/maxwell-spark) maxwell+spark empowering industrial users to transition to clean, renewable energy through innovation, precision engineering. *Founded* 2017 Leiden, South Africa **$43M** last round Nov 2025
- 17 [**Teraco Data Environments** Teraco Data Environments is a network and hosting company providing vendor neutral data centers in South Africa.](https://millionrounds.com/company/teraco-data-environments) Teraco Data Environments is a network and hosting company providing vendor neutral data centers in South Africa. *Founded* 2008 Johannesburg, South Africa **$41M** last round Jan 2015
- 18 [**HealthLeap** Solving disease-related malnutrition with a mobile clinical assistant for healthcare professionals.](https://millionrounds.com/company/healthleap) Solving disease-related malnutrition with a mobile clinical assistant for healthcare professionals. *Founded* 2021 San Francisco, South Africa **$38M** last round Oct 2026
- 19 [**Peach Payments** Peach Payments is a prominent payment service provider based in Cape Town, South Africa, specializing in digital commerce across Africa and emerging markets.](https://millionrounds.com/company/peach-payments) Peach Payments is a prominent payment service provider based in Cape Town, South Africa, specializing in digital commerce across Africa and emerging markets. *Founded* 2012 Cape Town, South Africa **$31M** last round Apr 2023
- 20 [**Tornado Development** Tornado Development is a software and services company.](https://millionrounds.com/company/tornado-development) Tornado Development is a software and services company. *Founded* 1995 South Africa **$28M** last round Jun 2000
- 21 [**Lulalend** Lulalend is an online lending company that provides fast and easy working capital funding to small businesses in South Africa.](https://millionrounds.com/company/lulalend) Lulalend is an online lending company that provides fast and easy working capital funding to small businesses in South Africa. *Founded* 2014 South Africa **$28M** last round Feb 2026
- 22 [**Wetility** Wetility's flagship product is a comprehensive digital solar energy management system that allows users to regulate power usage remotely.](https://millionrounds.com/company/wetility) Wetility's flagship product is a comprehensive digital solar energy management system that allows users to regulate power usage remotely. *Founded* 2019 Johannesburg, South Africa **$28M** last round Jun 2025
- 23 [**Mozambique Tourism** Mozambique Tourism is a travel and hospitality company based in South Africa, specializing in holidays and accommodation in Mozambique.](https://millionrounds.com/company/mozambique-tourism) Mozambique Tourism is a travel and hospitality company based in South Africa, specializing in holidays and accommodation in Mozambique. *Founded* 2000 Sandton, South Africa **$27M** last round Jul 2014
- 24 [**Parsec** Parsec is an Original Design Manufacturer that specialises in the design, integration & support of advanced technology systems.](https://millionrounds.com/company/parsec) Parsec is an Original Design Manufacturer that specialises in the design, integration & support of advanced technology systems. *Founded* 1993 South Africa **$25M** last round Dec 2020
- 25 [**BancABC** BancABC provides a diverse range of financial services including personal, business, and corporate banking.](https://millionrounds.com/company/bancabc) BancABC provides a diverse range of financial services including personal, business, and corporate banking. *Founded* 2000 Harare, South Africa **$25M** last round Apr 2014
- 26 [**Divercity Urban Property Group** Divercity Urban Property Group enables investors to invest in affordable rental housing.](https://millionrounds.com/company/divercity-urban-property-group) Divercity Urban Property Group enables investors to invest in affordable rental housing. *Founded* 2018 South Africa **$24M** last round May 2021
- 27 [**Ctrack** Ctrack is the vehicle tracking provider with more than 24 years' experience of developing effective fleet solutions.](https://millionrounds.com/company/ctrack) Ctrack is the vehicle tracking provider with more than 24 years' experience of developing effective fleet solutions. *Founded* 2000 Centurion, South Africa **$23M** last round Sept 2025
- 28 [**Paymenow**](https://millionrounds.com/company/paymenow) *Founded* - South Africa **$23M** last round Jul 2025
- 29 [**Kanu**](https://millionrounds.com/company/kanu) *Founded* - South Africa **$20M** last round Mar 2018
- 30 [**SweepSouth** Sweepsouth is a South African digital platform that connects homeowners with vetted professionals for various home services, including domestic cleaning, garden](https://millionrounds.com/company/sweepsouth) Sweepsouth is a South African digital platform that connects homeowners with vetted professionals for various home services, including domestic cleaning, garden *Founded* 2014 Cape Town, South Africa **$17M** last round Sept 2022
- 31 [**Aerobotics** Aerobotics is a South African agri-tech and data analytics company based in Cape Town, focusing on precision agriculture.](https://millionrounds.com/company/aerobotics) Aerobotics is a South African agri-tech and data analytics company based in Cape Town, focusing on precision agriculture. *Founded* 2014 Cape Town, South Africa **$17M** last round Dec 2020
- 32 [**iiDENTIFii** iiDENTIFii is a biometric identity verification and digital onboarding platform based in Cape Town, South Africa.](https://millionrounds.com/company/iidentifii) iiDENTIFii is a biometric identity verification and digital onboarding platform based in Cape Town, South Africa. *Founded* 2018 Cape Town, South Africa **$15M** last round Oct 2022
- 33 [**Contactable** Contactable is a leading Integrated Identity Platform based in Centurion, South Africa.](https://millionrounds.com/company/contactable) Contactable is a leading Integrated Identity Platform based in Centurion, South Africa. *Founded* 2009 Centurion, South Africa **$14M** last round Sept 2025
- 34 [**Planet42** Planet42 is a vehicle rental company offering rent-to-buy services for its clients.](https://millionrounds.com/company/planet42) Planet42 is a vehicle rental company offering rent-to-buy services for its clients. *Founded* 2017 Johannesburg, South Africa **$13M** last round Mar 2024
- 35 [**Kuunda** Kuunda provides liquidity management and data insight tools enabling users to fulfill financial needs through a digital platform.](https://millionrounds.com/company/kuunda) Kuunda provides liquidity management and data insight tools enabling users to fulfill financial needs through a digital platform. *Founded* 2018 South Africa **$13M** last round Oct 2026
- 36 [**GoMetro** GoMetro is a mobile transit info app that offers transportation planning and updates to improve the commuting experience.](https://millionrounds.com/company/gometro) GoMetro is a mobile transit info app that offers transportation planning and updates to improve the commuting experience. *Founded* 2012 South Africa **$12M** last round Dec 2023
- 37 [**Nile.ag** Nile.ag is a South African agritech startup founded in 2021, with a mission to enhance the agricultural value chain across Africa.](https://millionrounds.com/company/nile-ag) Nile.ag is a South African agritech startup founded in 2021, with a mission to enhance the agricultural value chain across Africa. *Founded* 2020 Johannesburg, South Africa **$11M** last round Jun 2025
- 38 [**The Invigilator**](https://millionrounds.com/company/the-invigilator) *Founded* - South Africa **$11M** last round Sept 2025
- 39 [**Metafin** Metafin is an operator of a non banking financial company intended to offer cleantech focused lending services for retail customers.](https://millionrounds.com/company/metafin) Metafin is an operator of a non banking financial company intended to offer cleantech focused lending services for retail customers. *Founded* 2018 Johannesburg, South Africa **$10M** last round Apr 2025
- 40 [**Talk360** Talk360 connects lives and bridges distance by making international phone calls affordable and accessible for everyone.](https://millionrounds.com/company/talk360) Talk360 connects lives and bridges distance by making international phone calls affordable and accessible for everyone. *Founded* 2016 Amsterdam, South Africa **$9.8M** last round Feb 2026
- 41 [**LittleFish** littlefish is a Johannesburg-based fintech and merchant-services platform founded in 2021.](https://millionrounds.com/company/littlefish) littlefish is a Johannesburg-based fintech and merchant-services platform founded in 2021. *Founded* 2023 Johannesburg, South Africa **$9.5M** last round Mar 2026
- 42 [**Cerebrium** Cerebrium is a modern data and AI platform for your business that doesn't require an entire data team.](https://millionrounds.com/company/cerebrium) Cerebrium is a modern data and AI platform for your business that doesn't require an entire data team. *Founded* 2021 London, South Africa **$8.5M** last round Jul 2025
- 43 [**Jem** Jem (Jem Hr Ltd) is a South African technology company based in Cape Town, specializing in human resources and employee benefits software for deskless workers.](https://millionrounds.com/company/jem) Jem (Jem Hr Ltd) is a South African technology company based in Cape Town, specializing in human resources and employee benefits software for deskless workers. *Founded* 2020 Cape Town, South Africa **$8.4M** last round Aug 2026
- 44 [**Sourcefin** Sourcefin is a South African fintech company based in Johannesburg, established in 2020.](https://millionrounds.com/company/sourcefin) Sourcefin is a South African fintech company based in Johannesburg, established in 2020. *Founded* 2020 Sandton, South Africa **$8.2M** last round Dec 2024
- 45 [**Wescoal Group** Wescoal is involved in the mining, processing and distribution of coal.](https://millionrounds.com/company/wescoal-group) Wescoal is involved in the mining, processing and distribution of coal. *Founded* 1996 South Africa **$8.0M** last round Oct 2013
- 46 [**Flood**](https://millionrounds.com/company/flood) *Founded* - South Africa **$7.7M** last round Aug 2025
- 47 [**Mettle** Mettle.net is a specialist financial services company.](https://millionrounds.com/company/mettle) Mettle.net is a specialist financial services company. *Founded* 1995 Cape Town, South Africa **$7.5M** last round Jul 2019
- 48 [**Happy Pay** Happy Pay is a fintech company based in Cape Town, South Africa, founded in 2021.](https://millionrounds.com/company/happy-pay) Happy Pay is a fintech company based in Cape Town, South Africa, founded in 2021. *Founded* 2021 Cape Town, South Africa **$6.8M** last round Mar 2026
- 49 [**Khula** KHULA!](https://millionrounds.com/company/khula) KHULA! *Founded* 2016 Randburg, South Africa **$6.8M** last round Mar 2025
- 50 [**Nomanini** Fintech SaaS platform to deliver digital financial services to the informal retail trade.](https://millionrounds.com/company/nomanini) Fintech SaaS platform to deliver digital financial services to the informal retail trade. *Founded* 2011 Cape Town, South Africa **$6.5M** last round Feb 2021

**Total funding** how the list is ranked

**15 November 2026** updated nightly

**Rounds we track** source: Millionrounds

Every startup we hold in South Africa, ranked by the total it has raised in rounds we hold. Nobody pays to be on a list.

## Who backed them?

Open any company for its rounds and investors, or search the investors who back startups in South Africa in the app, with filters, lists and exports.

[Find their investors](https://millionrounds.com/login?join=1&next=/app/investors)[All top lists](https://millionrounds.com/top-lists)

## More startup lists

[See all](https://millionrounds.com/top-lists?t=All%20startups)

[*O* *A* *X* **Startups in the United States** 42,176 companies · $870B](https://millionrounds.com/top-lists/startups-united-states)[*SC* *N* *F* **Startups in the United Kingdom** 8,355 companies · $79B](https://millionrounds.com/top-lists/startups-united-kingdom)[*O* *D* *TM* **Startups in San Francisco** 4,251 companies · $350B](https://millionrounds.com/top-lists/startups-san-francisco)[*W* *K* *P* **Startups in New York** 3,729 companies · $67B](https://millionrounds.com/top-lists/startups-new-york)[*F* *IL* *PD* **Startups in London** 3,521 companies · $51B](https://millionrounds.com/top-lists/startups-london)[*MA* *M* *TE* **Startups in France** 3,025 companies · $32B](https://millionrounds.com/top-lists/startups-france)[*C* *H8* *AP* **Startups in Canada** 2,950 companies · $38B](https://millionrounds.com/top-lists/startups-canada)[*B* *D* *AF* **Startups in China** 2,168 companies · $163B](https://millionrounds.com/top-lists/startups-china)

## More lists for South Africa

[See all](https://millionrounds.com/top-lists?r=South%20Africa)

[*TG* *Y* *J* **Fintech startups in South Africa** 26 companies · $702M](https://millionrounds.com/top-lists/fintech-startups-south-africa)[*P* *N* *CT* **AI startups in South Africa** 23 companies · $969M](https://millionrounds.com/top-lists/ai-startups-south-africa)[*F* *CT* *TD* **Big Data & Analytics startups in South Africa** 11 companies · $318M](https://millionrounds.com/top-lists/big-data-startups-south-africa)[*A* *W* *S* **IT Services startups in South Africa** 11 companies · $11M](https://millionrounds.com/top-lists/it-services-startups-south-africa)[*TT* *PP* *S* **E-commerce startups in South Africa** 10 companies · $135M](https://millionrounds.com/top-lists/ecommerce-startups-south-africa)[*P* *H* *L* **AI startups in South Africa that raised in 2026** 10 companies · $379M in 2026](https://millionrounds.com/top-lists/ai-startups-south-africa-raised-2026)