There are 96 funded startups in Kenya in the FundedIQ database, each with its funding rounds, amounts, investors, industries, locations and company details. This page provides an overview of the startup funding landscape in Kenya, along with the 96 most recently funded startups in the country.
Startups in Kenya closed 42 funding rounds over the last 24 months, 20 of them in the last 12 months, and raised $587M in disclosed capital. The median disclosed round is $3.3M, with the middle half of rounds falling between $500K and $15M. Financial Services, Agriculture and Farming and Commerce and Shopping hold the most companies by sector. Nairobi and Westlands hold the deepest concentrations of funded startups in the country.
Nairobi dominates as the primary center for these ventures. Most companies occupy early growth stages with small teams. This concentration of seed and series stage firms means the market is skewed toward lean operations. Sourcing here yields a high volume of early stage opportunities rather than established corporate entities.
Kenya funded startup statistics
Funded startups in Kenya
96
tracked in the database
Funding rounds, last 12 months
20
42 over 24 months
Disclosed capital raised, 24 months
$587M
29 of 42 rounds disclosed an amount
Median round size
$3.3M
middle half $500K to $15M
Most recent funding round on record: Oct 2026.
Investors appearing most often across Kenya funding rounds: Novastar Ventures.
96 most recently funded startups in Kenya
96 shown
Ordered by the date of the latest funding round. Each row gives the company, its
location and industry, what it does, the stage and date of that round, and the disclosed
amount.
Startups in Kenya closed 42 funding rounds over the last 24 months, 20 of them in the last 12, adding up to $587M in disclosed capital.
Round sizes
The median disclosed round is $3.3M, with the middle half running from $500K to $15M. 29 of 42 rounds disclosed an amount.
Sectors
Financial Services, Agriculture and Farming and Commerce and Shopping hold the most companies, led by Financial Services at 17. The most common headcount band across the segment is 11-50.
Industries with the most funded startups in Kenya
Sector counts across all 96 tracked companies in Kenya. A company assigned more than one industry is counted in each.
A further 30 rounds in this period were announced without a stage label and are not ranked above.
About the FundedIQ Kenya startup funding data
FundedIQ tracks announced startup funding rounds and organises them by company, funding
date, stage, amount, industry, location and investor. The dataset is refreshed weekly, and
new rounds are normalised and de-duplicated before they are published, so the same round
reported twice on different dates is recorded once.
Figures on this page cover the 96 funded startups in Kenya currently tracked.
Round counts, capital totals and the median round are computed over a trailing 24 months.
Rounds whose amount was not disclosed (13 of 42 in that period) are counted as rounds but excluded from capital totals and from the median. The most recent round on record for funded startups in Kenya is dated Oct 2026.
The table above shows the 96 most recently funded companies. Full funding histories,
investor lists and founder contacts across the whole dataset open on a FundedIQ plan.
Frequently asked questions
How many funded startups are there in Kenya?
FundedIQ tracks 96 funded startups in Kenya. This page lists the 96 most recently funded of them, ordered by the date of their latest round, and the full set is available on a FundedIQ plan.
How much funding have startups in Kenya raised?
Startups in Kenya tracked by FundedIQ have raised $587M in disclosed capital across 42 funding rounds over the last 24 months, including 20 rounds in the last 12 months. 29 of those 42 rounds disclosed an amount; undisclosed rounds are excluded from the capital total.
What industries have the most funded startups in Kenya?
Financial Services has the most, with 17 companies, followed by Agriculture and Farming (13), Commerce and Shopping (9) and Administrative Services (8). Sector counts include every company assigned that industry, and a company can carry more than one.
Which cities have the most funded startups in Kenya?
Nairobi leads with 81 companies, then Westlands (4), Juja (2) and Nakuru (2).
What is a typical funding round size for startups in Kenya?
The median disclosed round over the last 24 months is $3.3M, and the middle half of rounds fall between $500K and $15M. Round sizes vary widely by stage, so the seed and later-stage bands sit well either side of that figure.
What is the most common funding stage for startups in Kenya?
Pre-Seed is the most common labelled stage, with 5 rounds in the last 24 months, ahead of Seed (4) and Private Equity (1). A further 30 rounds were announced without a stage label and are not counted here.
How often is the Kenya startup funding data updated?
The dataset is refreshed weekly. New rounds are normalised and de-duplicated before they are published, and the most recent round currently on record for funded startups in Kenya is dated Oct 2026. Counts and totals on this page are recomputed on every refresh.
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