Cyber Security Startups in Africa
Overview Powered by AI
Cybersecurity is a growing concern in East Africa, driven by increasing digitalization and the rise of advanced cyber threats. Local businesses are recognizing the need to invest in cybersecurity measures, but challenges remain in terms of awareness, skills, and resources. Key players like Sendmarc, Magalix, and Cypherleak are making strides in offering solutions and raising awareness, but the market is still nascent and requires sustained efforts to mature.
Cummulative Funding
$12.7M+
Total # of Companies
9
Total Deal Count
16
Total M&A Count
1
Total # of Investors
26
List of Cyber Security startups in Africa
Add Startup| Startuparrow_upward | Overviewarrow_upward | Last roundarrow_upward | Total raisedarrow_upward | Founded |
|---|---|---|---|---|
Sendmarc is a South African startup that offers email protection from phishing attacks. | Series A | $ 7,000,000 | 2018 | |
Magalix is an Egyptian cloud security development startup. | Venture | $ 3,200,000 | 2017 | |
Cypherleak is an automated Cyber risk monitoring and risk scoring platform used by over 1000 corporate customers worldwide | Seed | $ 750,000 | 2022 | |
Orca is a South African fintech fraud prevention startup that empowers fraud fighters to outpace fraud using custom ML models. | Pre-seed | $ 550,000 | 2024 | |
Buguard is a multinational cybersecurity firm offering various services to including penetration testing, GRC services | Seed | $ 500,000 | 2020 | |
CyberTalents is a platform that ranks cyber security talents by running CTF Competitions in order to get hired by recruiters. | Seed | Undisclosed | 2017 | |
Entersekt is a single authentication hub allowing consumers to transact securely and easily on any digital channel, from any device. | Private Equity | Undisclosed | 2008 |
Founded
2018
Overview
Sendmarc is a South African startup that offers email protection from phishing attacks.
Last round
Series A
Total raised
$ 7,000,000
Employee
2-10
Founded
2017
Overview
Magalix is an Egyptian cloud security development startup.
Last round
Venture
Total raised
$ 3,200,000
Employee
11-50
Founded
2022
Overview
Cypherleak is an automated Cyber risk monitoring and risk scoring platform used by over 1000 corporate customers worldwide
Last round
Seed
Total raised
$ 750,000
Employee
2-10
Founded
2024
Overview
Orca is a South African fintech fraud prevention startup that empowers fraud fighters to outpace fraud using custom ML models.
Last round
Pre-seed
Total raised
$ 550,000
Employee
2-10
Founded
2020
Overview
Buguard is a multinational cybersecurity firm offering various services to including penetration testing, GRC services
Last round
Seed
Total raised
$ 500,000
Employee
11-50
Founded
2017
Overview
CyberTalents is a platform that ranks cyber security talents by running CTF Competitions in order to get hired by recruiters.
Last round
Seed
Total raised
$ 0
Employee
11-50
Founded
2008
Overview
Entersekt is a single authentication hub allowing consumers to transact securely and easily on any digital channel, from any device.
Last round
Private Equity
Total raised
$ 0
Employee
51-200