Sharing Economy Startups in Africa

Overview Powered by AI

Despite initial hype, sharing economy struggles in East Africa due to cultural barriers, lack of trust, and infrastructure challenges. Local leaders question sustainability and impact on traditional businesses.

Cummulative Funding

$2.2M+

Total # of Companies

4

Total Deal Count

15

Total M&A Count

1

Total # of Investors

19

List of Sharing Economy startups in Africa

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StartupOverviewLast roundTotal raisedFounded
1.

FilKhedma is building Egypt's largest home services marketplace

Seed

$ 1,250,000

2014

2.

UTU Technologies is building a Trust infrastructure for the sharing economy.

Seed

$ 750,000

2017

3.

Hitchhiker is a global peer-to-peer delivery and travel platform.

Seed

$ 200,000

2017

4.

Monetizing ride-sharing vehicles made effortless

Non-equity Assistance

Undisclosed

2018

FilKhedma

Founded

2014

Overview

FilKhedma is building Egypt's largest home services marketplace

Last round

Seed

Total raised

$ 1,250,000

Employee

11-50

Founded

2017

Overview

UTU Technologies is building a Trust infrastructure for the sharing economy.

Last round

Seed

Total raised

$ 750,000

Employee

11-50

Founded

2017

Overview

Hitchhiker is a global peer-to-peer delivery and travel platform.

Last round

Seed

Total raised

$ 200,000

Employee

11-50

Founded

2018

Overview

Monetizing ride-sharing vehicles made effortless

Last round

Non-equity Assistance

Total raised

$ 0

Employee

11-50

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