Funded Apps Startups in South Africa
Cape Town accounts for six of the thirteen app startups tracked here, including Carry1st's $27M Series B in January 2023 — the largest disclosed round in t…
Cape Town accounts for six of the thirteen app startups tracked here, including Carry1st's $27M Series B in January 2023 — the largest disclosed round in this set — alongside GoMetro ($190K, October 2024) and Abalobi ($250K, November 2024). Stellenbosch contributes MoneyBadger, which closed a $400K Pre-Seed in July 2025, and Entersekt, which raised an undisclosed round in June 2024.
The 2023 cohort is the densest in this dataset, with five companies raising between January and August of that year; three of those five rounds carry undisclosed amounts. hearX Group raised $8M in a Series A from Pretoria in February 2021, and Ctrl closed a $2M Series B from Paarl that July. Six of the thirteen rounds are classified as Series Unknown, and four disclose no amount.
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Frequently asked
What is the largest disclosed round among South Africa's funded app startups shown here?
Carry1st, based in Cape Town, raised a $27M Series B in January 2023 — the highest disclosed figure across the thirteen companies shown. hearX Group's $8M Series A from Pretoria in February 2021 is the next largest disclosed round.
Which city has the highest concentration of funded app startups in South Africa?
Cape Town leads with six of the thirteen companies: Carry1st, GoMetro, Abalobi, Abela, Kwanele, and Yenza. Stellenbosch follows with two (MoneyBadger and Entersekt), while Gauteng, Pretoria, Paarl, and Johannesburg each contribute one company.
What funding stages are most represented in South Africa's app startup segment?
Six of the thirteen rounds carry a Series Unknown classification, making it the most common stage label in this set. Two companies have reached Series B — Carry1st and Ctrl — with one each at Pre-Seed, Seed, and Series A.
How recent is the funding activity in this segment?
MoneyBadger's $400K Pre-Seed in July 2025 is the most recent round shown. Three companies raised in 2024 (Abalobi, GoMetro, Entersekt) and five raised across 2023, indicating consistent deal flow over consecutive years.
How many of these app startups raised rounds without disclosing the amount?
Four of the thirteen companies — Entersekt, Digi Pharm, Abela, and Yenza — closed rounds with no dollar figure reported. All four are classified as Series Unknown rounds.
Are there funded app startups outside the Western Cape in this data?
Yes — Digi Pharm and Centbee list Gauteng as their location, hearX Group is based in Pretoria, and Merge in Johannesburg. Ctrl operates from Paarl, which is in the Western Cape but outside Cape Town.
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