Procurement Startups in Africa

Step into the thriving world of Procurement startups in Africa, where innovators are rewriting the rules and redefining what's possible. Our carefully curated list is your passport to explore the trailblazers who are shaping this dynamic sector. Discover their bold solutions, game-changing products, and out-of-the-box thinking as they forge new paths in Procurement.

Cummulative Funding

$6.1M+

Total # of Companies

4

Total Deal Count

12

Total M&A Count

0

Total # of Investors

12

List of Procurement startups in Africa

Add Startup
StartupOverviewLast roundTotal raisedFounded
1.

DrugStoc is a Nigerian Pharmaceuticals startup that offers secure and interactive procurement services

Non-equity Assistance

$ 4,515,000

2016

2.

Fraxion develops spend management software for mid-market companies to control and manage various spending activities.

Funding Round

$ 1,207,000

2003

3.

Scale enables organizations to transition their procurement from manual, and labour intensive activities to a streamlined and fully-digitized process.

Pre-seed

$ 420,000

2020

4.

Xetova is a Kenyan startup which provides technology solutions to the procurement ecosystem.

Non-equity Assistance

$ 50,000

2019

DrugStoc

Founded

2016

Overview

DrugStoc is a Nigerian Pharmaceuticals startup that offers secure and interactive procurement services

Last round

Non-equity Assistance

Total raised

$ 4,515,000

Employee

51-200

Fraxion

Founded

2003

Overview

Fraxion develops spend management software for mid-market companies to control and manage various spending activities.

Last round

Funding Round

Total raised

$ 1,207,000

Employee

11-50

Scale

Founded

2020

Overview

Scale enables organizations to transition their procurement from manual, and labour intensive activities to a streamlined and fully-digitized process.

Last round

Pre-seed

Total raised

$ 420,000

Employee

2-10

Xetova

Founded

2019

Overview

Xetova is a Kenyan startup which provides technology solutions to the procurement ecosystem.

Last round

Non-equity Assistance

Total raised

$ 50,000

Employee

11-50

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