RetailTech Startups in Africa
Overview Powered by AI
RetailTech in Southern Africa is still nascent but gaining traction. Powered by People leads in mobile self-checkout, while Kapu focuses on online grocery ordering. Uncover provides advanced analytics. Business leaders acknowledge the potential for efficiency and customer experience improvements but are cautious about investment due to the uncertain economic outlook.
Cummulative Funding
$100.9M+
Total # of Companies
41
Total Deal Count
74
Total M&A Count
4
Total # of Investors
143
List of RetailTech startups in Africa
Add Startup| Startuparrow_upward | Overviewarrow_upward | Last roundarrow_upward | Total raisedarrow_upward | Founded |
|---|---|---|---|---|
OmniRetail improves the inefficiencies of traditional trade by digitising the key stakeholders through its stellar products. | Series A | $ 20,000,000 | 2019 | |
Float lets shoppers split credit card purchases into interest-free instalments, boosting merchant sales. | Funding Round | $ 19,600,000 | 2020 | |
StockApp is an AI-powered retail tech platform built to digitize and empower Africa’s small businesses. | Seed | $ 10,000,000 | 2019 | |
Kapu is building the most relevant B2C e-commerce model for the majority of urban consumers in Africa. | Seed | $ 8,000,000 | 2022 | |
Powered by People is a Kenyan startup offering online tools and a B2B marketplace to the manufacturing and handmade sector. | Seed | $ 6,500,000 | 2019 | |
FARO is Africa’s fastest growing fashion venture - on a mission to build the world’s most innovative fashion outlet and reduce waste. | Seed | $ 6,000,000 | 2023 | |
Mazaya is the first B2B e-commerce site with an emphasis on electronics. | Pre-seed | $ 5,000,000 | 2021 | |
Save Your Wardrobe is a FashionTech startup using AI to make Fashion more digital and sustainable | Seed | $ 3,000,000 | 2017 | |
Uncover is revolutionising self-care in Africa, starting by building the continent's most trusted skincare brand | Secondary Market | $ 2,500,000 | 2020 | |
LNKO offers trendy eyewear at an affordable price through an online store and various points of sale. | Seed | $ 2,430,000 | 2020 | |
Done.ma unifies food, retail, and logistics into Morocco’s first all-in-one Super App. | Seed | $ 2,100,000 | 2024 | |
SecondSTAX (SSX) is a platform and gateway to access and trade all debt and equity securities across multiple African bond and stock exchanges | Pre-seed | $ 1,600,000 | 2019 | |
z is a transformative super app designed to redefine B2B trade and distribution across an extensive range of retail verticals | Seed | $ 1,500,000 | 2024 | |
Rentoza is on a mission to democratize ownership of technology devices and appliances for all African consumers | Seed | $ 1,300,000 | 2017 | |
WafR enable large retail brands (FMCG) to increase their market share in grocery stores | Seed | $ 1,214,300 | 2021 | |
Kwely is a game-changing innovative platform and the first of its kind global B2B wholesale marketplace for Africa. | Venture | $ 1,000,000 | 2019 | |
El Dokan is an eCommerce Software designed for enterprises | Pre-seed | $ 550,000 | 2019 | |
Empowering African SMEs with affordable and efficient online stores through Cartnshop. | Angel | $ 400,000 | 2019 | |
On Market is the first startup to focus on Grocery in major cities in Egypt. | Pre-seed | $ 215,000 | 2020 | |
ProXalys is a flagship African platform specializing in sales with installment and deferred payment. | Pre-seed | $ 150,000 | 2020 |
Founded
2019
Overview
OmniRetail improves the inefficiencies of traditional trade by digitising the key stakeholders through its stellar products.
Last round
Series A
Total raised
$ 20,000,000
Employee
51-200
Founded
2020
Overview
Float lets shoppers split credit card purchases into interest-free instalments, boosting merchant sales.
Last round
Funding Round
Total raised
$ 19,600,000
Employee
11-50
Founded
2019
Overview
StockApp is an AI-powered retail tech platform built to digitize and empower Africa’s small businesses.
Last round
Seed
Total raised
$ 10,000,000
Employee
11-50
Founded
2022
Overview
Kapu is building the most relevant B2C e-commerce model for the majority of urban consumers in Africa.
Last round
Seed
Total raised
$ 8,000,000
Employee
11-50
Founded
2019
Overview
Powered by People is a Kenyan startup offering online tools and a B2B marketplace to the manufacturing and handmade sector.
Last round
Seed
Total raised
$ 6,500,000
Employee
2-10
Founded
2023
Overview
FARO is Africa’s fastest growing fashion venture - on a mission to build the world’s most innovative fashion outlet and reduce waste.
Last round
Seed
Total raised
$ 6,000,000
Employee
51-200
Founded
2021
Overview
Mazaya is the first B2B e-commerce site with an emphasis on electronics.
Last round
Pre-seed
Total raised
$ 5,000,000
Employee
1,001-5,000
Founded
2017
Overview
Save Your Wardrobe is a FashionTech startup using AI to make Fashion more digital and sustainable
Last round
Seed
Total raised
$ 3,000,000
Employee
11-50
Founded
2020
Overview
Uncover is revolutionising self-care in Africa, starting by building the continent's most trusted skincare brand
Last round
Secondary Market
Total raised
$ 2,500,000
Employee
2-10
Founded
2020
Overview
LNKO offers trendy eyewear at an affordable price through an online store and various points of sale.
Last round
Seed
Total raised
$ 2,430,000
Employee
51-200
Founded
2024
Overview
Done.ma unifies food, retail, and logistics into Morocco’s first all-in-one Super App.
Last round
Seed
Total raised
$ 2,100,000
Employee
51-200
Founded
2019
Overview
SecondSTAX (SSX) is a platform and gateway to access and trade all debt and equity securities across multiple African bond and stock exchanges
Last round
Pre-seed
Total raised
$ 1,600,000
Employee
11-50
Founded
2024
Overview
z is a transformative super app designed to redefine B2B trade and distribution across an extensive range of retail verticals
Last round
Seed
Total raised
$ 1,500,000
Employee
11-50
Founded
2017
Overview
Rentoza is on a mission to democratize ownership of technology devices and appliances for all African consumers
Last round
Seed
Total raised
$ 1,300,000
Employee
11-50
Founded
2021
Overview
WafR enable large retail brands (FMCG) to increase their market share in grocery stores
Last round
Seed
Total raised
$ 1,214,300
Employee
11-50
Founded
2019
Overview
Kwely is a game-changing innovative platform and the first of its kind global B2B wholesale marketplace for Africa.
Last round
Venture
Total raised
$ 1,000,000
Employee
2-10
Founded
2019
Overview
El Dokan is an eCommerce Software designed for enterprises
Last round
Pre-seed
Total raised
$ 550,000
Employee
11-50
Founded
2019
Overview
Empowering African SMEs with affordable and efficient online stores through Cartnshop.
Last round
Angel
Total raised
$ 400,000
Employee
11-50
Founded
2020
Overview
On Market is the first startup to focus on Grocery in major cities in Egypt.
Last round
Pre-seed
Total raised
$ 215,000
Employee
11-50
Founded
2020
Overview
ProXalys is a flagship African platform specializing in sales with installment and deferred payment.
Last round
Pre-seed
Total raised
$ 150,000
Employee
11-50