FundedIQ holds 194 funded startups in South Africa and keeps their funding rounds, amounts, investors, industries, locations and company details up to date. This page provides an overview of the startup funding landscape in South Africa, along with the 100 most recently funded startups in the country.
Financial Services, Health Care and Artificial Intelligence hold the most companies by sector. Cape Town and Johannesburg hold the deepest concentrations of funded startups in the country. Startups in South Africa closed 78 funding rounds over the last 24 months, 36 of them in the last 12 months, and raised $1.0B in disclosed capital. The median disclosed round is $5.0M, with the middle half of rounds falling between $1.4M and $15M.
Financial Services dominates the region, though Artificial Intelligence and Health Care create significant pockets of activity. Cape Town and Johannesburg act as primary anchors. Filter by these sub-sectors to find specialized tech beyond basic commerce. The heavy concentration of Seed and Pre-Seed entries means the focus remains on early discovery rather than late stage maturity.
South Africa funded startup statistics
Funded startups in South Africa
194
tracked in the database
Funding rounds, last 12 months
36
78 over 24 months
Disclosed capital raised, 24 months
$1.0B
55 of 78 rounds disclosed an amount
Median round size
$5.0M
middle half $1.4M to $15M
Most recent funding round on record: Sep 2026.
100 most recently funded startups in South Africa
100 of 194
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.
Company
What they do
Latest round
Amount
B
Bonisa AI
Stellenbosch, South Africa · Analytics, Financial Services, Internet of Things, Retail, Telecommunications
Bonisa is an AI and data science consultancy serving financial, telecom, retail, and insurance sectors.
Series Unknown·
Undisclosed
I
Iris Fresh Pty Ltd
Cape Town, South Africa · Agriculture, Farmers Market, Food and Beverage, Food Processing, Fruit, Logistics, Supply Chain Management, Transportation, Wholesale
Iris Fresh exports fresh produce from Southern Africa to international buyers.
Startups in South Africa closed 78 funding rounds over the last 24 months, 36 of them in the last 12, adding up to $1.0B in disclosed capital.
Round sizes
The median disclosed round is $5.0M, with the middle half running from $1.4M to $15M. 55 of 78 rounds disclosed an amount.
Sectors
Financial Services, Health Care and Artificial Intelligence hold the most companies, led by Financial Services at 43. The most common headcount band across the segment is 11-50.
Industries with the most funded startups in South Africa
Sector counts across all 194 tracked companies in South Africa. A company assigned more than one industry is counted in each.
A further 41 rounds in this period were announced without a stage label and are not ranked above.
About the FundedIQ South Africa 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 194 funded startups in South Africa currently tracked.
Round counts, capital totals and the median round are computed over a trailing 24 months.
Rounds whose amount was not disclosed (23 of 78 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 South Africa is dated Sep 2026.
The table above shows the 100 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 South Africa?
FundedIQ tracks 194 funded startups in South Africa. This page lists the 100 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 South Africa raised?
Startups in South Africa tracked by FundedIQ have raised $1.0B in disclosed capital across 78 funding rounds over the last 24 months, including 36 rounds in the last 12 months. 55 of those 78 rounds disclosed an amount; undisclosed rounds are excluded from the capital total.
What industries have the most funded startups in South Africa?
Financial Services has the most, with 43 companies, followed by Health Care (17), Artificial Intelligence (15) and Apps (14). Sector counts include every company assigned that industry, and a company can carry more than one.
Which cities have the most funded startups in South Africa?
Cape Town leads with 90 companies, then Johannesburg (55), Gauteng (17) and Stellenbosch (11).
What is a typical funding round size for startups in South Africa?
The median disclosed round over the last 24 months is $5.0M, and the middle half of rounds fall between $1.4M 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 South Africa?
Seed is the most common labelled stage, with 16 rounds in the last 24 months, ahead of Pre-Seed (7) and Series A (7). A further 41 rounds were announced without a stage label and are not counted here.
How often is the South Africa 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 South Africa is dated Sep 2026. Counts and totals on this page are recomputed on every refresh.
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