Series A Funded Startups in South Africa
Among the disclosed Series A rounds in South Africa’s 18 most recent entries, the largest disclosed amount is Stitch’s $25M (2023-10-03).
Among the disclosed Series A rounds in South Africa’s 18 most recent entries, the largest disclosed amount is Stitch’s $25M (2023-10-03). That figure sits above most other disclosed rounds, including Peach Payments’ $31M (2023-04-04) and several clustered mid-to-high single-digit deals such as Omnisient’s $8M (2024-08-27), Nile.ag’s $11M (2025-06-10), and Sendmarc’s $7M (2023-02-09), while the lowest disclosed amount is Hitchat’s $200K (2021-03-04).
The list concentrates temporally from 2021-02-02 (hearX Group) through 2025-11-20 (Plentify), with multiple disclosed rounds landing in 2023 (e.g., Peach Payments $31M on 2023-04-04, Stitch $25M on 2023-10-03, and GoMetro $11M on 2023-11-29). Geographic placement is heavily Cape Town for companies like Omnisient (2024-08-27, $8M), GoMetro (2023-11-29, $11M), and Peach Payments (2023-04-04, $31M), while Johannesburg and Gauteng also recur (e.g., DataProphet in Cape Town at $10M on 2022-08-10; Sendmarc in Gauteng at $7M on 2023-02-09). Sector clustering is visible in Financial Services (Sticitt on 2025-07-03, Stitch on 2023-10-03, Ukheshe Technologies on 2022-12-07, Naked Insurance on 2021-08-04, and Pineapple on 2021-07-26), and a substantial share of rounds are undisclosed (6 of 18 rows: Plentify, Sticitt, DigsConnect.com, Ukheshe Technologies, and others).
Most recent rounds
18 shownRelated listings
Frequently asked
What’s the largest disclosed Series A round in this South Africa list, and where does it fall versus the rest?
The largest disclosed amount is Peach Payments’ $31M on 2023-04-04. Several other disclosed rounds are in the single-digit to low-teens range (e.g., Sendmarc $7M on 2023-02-09 and Omnisient $8M on 2024-08-27), making $31M a clear outlier above most entries except Stitch’s $25M on 2023-10-03.
Are there any tight time clusters in the most recent Series A rounds shown?
Yes: 2023 contains multiple Series A rounds with disclosed amounts, including Peach Payments ($31M on 2023-04-04), Stitch ($25M on 2023-10-03), and GoMetro ($11M on 2023-11-29). The overall window for these 18 entries runs from 2021-02-02 (hearX Group) to 2025-11-20 (Plentify).
Do specific cities dominate the geography of these Series A announcements?
Cape Town appears repeatedly across different sectors, with multiple disclosed rounds such as Omnisient ($8M, 2024-08-27), GoMetro ($11M, 2023-11-29), Peach Payments ($31M, 2023-04-04), and Carry1st (city listed as Cape Town, $20M on 2022-01-19). Johannesburg and Gauteng also show up, for example DataProphet is listed as Cape Town ($10M on 2022-08-10), while Sendmarc is listed under Gauteng ($7M on 2023-02-09).
Which sectors are most represented, and do they skew toward disclosed sizes?
Financial Services is the most repeated sector in the 18 rows, appearing in Sticitt (undisclosed, 2025-07-03), Stitch ($25M, 2023-10-03), Ukheshe Technologies (undisclosed, 2022-12-07), Naked Insurance ($11M, 2021-08-04), and Pineapple ($5M, 2021-07-26). However, the segment includes both disclosed and undisclosed rounds, so it’s not purely a “large disclosed” cluster.
How much of this dataset has undisclosed amounts, and are undisclosed rounds concentrated in any particular period?
5 of 18 rows are undisclosed: Plentify (2025-11-20), Sticitt (2025-07-03), DigsConnect.com (2023-05-11), Ukheshe Technologies (2022-12-07), and another undisclosed entry is included among the 18 shown. Several of these undisclosed rounds occur in later years (2022–2025), alongside disclosed deals like Nile.ag ($11M, 2025-06-10) and Omnisient ($8M, 2024-08-27).
Is there a notable small-dollar outlier among disclosed rounds?
Yes: Hitchat’s $200K on 2021-03-04 is the smallest disclosed amount in the shown set. It’s far below other disclosed Series A sizes such as AURA’s $4M on 2021-11-16 and several $7M–$11M rounds (e.g., KHULA! $7M on 2025-03-03 and Sendmarc $7M on 2023-02-09).
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