Retail Tech Startups in Africa

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Retail tech is heating up in Southern Africa, with startups like MarketForce 360, Lucky, and Lapaire gaining traction. Local leaders are excited about the potential to improve efficiency, reach new customers, and drive growth. Despite challenges like infrastructure and access to funding, the future of retail tech looks bright in the region.

Cummulative Funding

$74.8M+

Total # of Companies

4

Total Deal Count

17

Total M&A Count

0

Total # of Investors

53

List of Retail Tech startups in Africa

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StartupOverviewLast roundTotal raisedFounded
1.

MarketForce is an end-to-end solution to manage your field sales activities and grow your distribution channels.

Series A

$ 42,600,000

2017

2.

Revolutionizing shopping, payment, and saving in the Middle East and North Africa.

Convertible Note

$ 28,000,000

2018

3.

Lapaire revolutionalizes the eyecare industry in Africa by providing stylish eyeglasses to everyone.

Venture

$ 4,200,000

2018

4.

Weelo is an Egyptian retail-tech startup which offers affordable SaaS-based tech solutions for MSMEs

Seed

$ 28,000

2017

Founded

2017

Overview

MarketForce is an end-to-end solution to manage your field sales activities and grow your distribution channels.

Last round

Series A

Total raised

$ 42,600,000

Employee

11-50

Lucky

Founded

2018

Overview

Revolutionizing shopping, payment, and saving in the Middle East and North Africa.

Last round

Convertible Note

Total raised

$ 28,000,000

Employee

201-500

Lapaire

Founded

2018

Overview

Lapaire revolutionalizes the eyecare industry in Africa by providing stylish eyeglasses to everyone.

Last round

Venture

Total raised

$ 4,200,000

Employee

201-500

Weelo

Founded

2017

Overview

Weelo is an Egyptian retail-tech startup which offers affordable SaaS-based tech solutions for MSMEs

Last round

Seed

Total raised

$ 28,000

Employee

11-50

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