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
$45.8M+
Total # of Companies
25
Total Deal Count
45
Total M&A Count
2
Total # of Investors
85
List of RetailTech startups in Africa
Add Startup| Startuparrow_upward | Overviewarrow_upward | Last roundarrow_upward | Total raisedarrow_upward | Founded |
|---|---|---|---|---|
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 | |
LNKO offers trendy eyewear at an affordable price through an online store and various points of sale. | Seed | $ 2,100,000 | 2020 | |
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 | |
Kwely is a game-changing innovative platform and the first of its kind global B2B wholesale marketplace for Africa. | Venture | $ 1,000,000 | 2019 | |
WafR enable large retail brands (FMCG) to increase their market share in grocery stores | Seed | $ 947,000 | 2021 | |
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 | |
Erith Health Services is established to meet the unmet needs in the standards of practice for health workers and caregivers | Non-equity Assistance | $ 50,000 | 2022 | |
DohYangu is a Kenyan innovative shopper cashback App that rewards shoppers directly on purchases they have made | Grant | Undisclosed | 2020 | |
Jendaya is a luxury, people-powered e-commerce platform. | Pre-seed | Undisclosed | 2018 | |
SecondSTAX (SSX) is a platform and gateway to access and trade all debt and equity securities across multiple African bond and stock exchanges | Funding Round | Undisclosed | 2019 | |
Revolutionizing access to essential goods and services in Africa | Undisclosed | Undisclosed | 2018 |
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
LNKO offers trendy eyewear at an affordable price through an online store and various points of sale.
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
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
2021
Overview
WafR enable large retail brands (FMCG) to increase their market share in grocery stores
Last round
Seed
Total raised
$ 947,000
Employee
11-50
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
Founded
2022
Overview
Erith Health Services is established to meet the unmet needs in the standards of practice for health workers and caregivers
Last round
Non-equity Assistance
Total raised
$ 50,000
Employee
2-10
Founded
2020
Overview
DohYangu is a Kenyan innovative shopper cashback App that rewards shoppers directly on purchases they have made
Last round
Grant
Total raised
$ 0
Employee
51-200
Founded
2018
Overview
Jendaya is a luxury, people-powered e-commerce platform.
Last round
Pre-seed
Total raised
$ 0
Employee
2-10
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
Funding Round
Total raised
$ 0
Employee
11-50
Founded
2018
Overview
Revolutionizing access to essential goods and services in Africa
Last round
Undisclosed
Total raised
$ 0
Employee
11-50