How much funding have Retail startups in South Africa raised?

Retail startups in South Africa have raised $1.2B across 36 disclosed rounds.

Who invests in Retail startups in South Africa?

Naspers has backed 2 of them, followed by 500 Global (1) and Acorn Agri (1). 36 investors have backed Retail startups in South Africa in total.

Where in South Africa are Retail startups based?

Cape Town (15), Johannesburg (13) and Bedfordview (1) have the most.

Sector × countryUpdated daily

Retail startups in South Africa

StartupList Africa tracks 47 Retail startups in South Africa, which have raised $1.2B across 36 disclosed rounds. Cape Town has the most, with 15, followed by Johannesburg (13) and Bedfordview (1). 36 investors have backed them.

Companies: 47; in South Africa
Total raised: $1.2B; 36 rounds
Investors: 36; backed them

Updated 26 Oct 202647 companiesSource: SLA Startup IndexHow sectors are assigned →Full directory →

Retail startups in South Africa47

All 47 →

#	Startup	What they do	Last round	Raised	Team
1	FinStockSouth Africa	Inventory planning, merchandising and price optimisation software for retailers and manufacturers in South Africa and across Africa.	-	Not disclosed	11–50
2	BizzfoSouth Africa	All-in-one software for South African businesses: cloud POS, online store, payments, invoicing, bookings and loyalty.	-	Not disclosed	2–10
3	PosworxSouth Africa	Cloud point-of-sale and stock control system for apparel and footwear retailers with multiple stores.	-	Not disclosed	2–10
4	JAC Scan Pay GoSouth Africa	Mobile self-checkout app for South African retail: shoppers scan barcodes, pay by phone and walk out.	-	Not disclosed	2–10
5	PosTrackSouth Africa	Mobile trade execution and field reporting app giving brands real-time visibility of in-store execution.	-	Not disclosed	2–10
6	E-CentiveSouth Africa	SPIV and sales incentive management platform for retail brands, with automated claims and fraud prevention.	-	Not disclosed	11–50(23onLI)
7	GetitSouth Africa	South African online store with group-buying savings and cashback, delivering electronics and household goods nationwide.	-	Not disclosed
8	WaitrSouth Africa	Point-of-sale system that notifies waiting customers by SMS for restaurants, car washes and artisans.	-	Not disclosed	2–10
9	SpectifySouth Africa	AI frame recommendations for South African optometrists, ranking eyeglass frames for customers in about 40 seconds.	-	Not disclosed	2–10
10	StampChatSouth Africa	Digital loyalty stamp platform that lets local cafés, salons and shops launch a rewards programme in minutes.	-	Not disclosed	2–10
11	Token HuntSouth Africa	Gamified shopping app where South Africans hunt for tokens at stores and malls to save on purchases.	-	Not disclosed	2–10
12	MemoSouth Africa	Online gifting and flower delivery featuring curated products from South African brands and artisans.	-	Not disclosed	2–10
13	PatternSouth Africa	Enterprise retail merchandising platform linking financial planning, assortment, allocation and AI forecasting.	-	Not disclosed	11–50(12onLI)
14	Lifestyle RewardsSouth Africa	South African card-linked rewards app paying automatic cash-back at partner stores.	-	Not disclosed	51–200
15	ZINGOSouth Africa	Mobile app that stores all of a shopper's loyalty cards, rewards and promotions in one place.	-	Not disclosed	2–10
16	LIQPOSSouth Africa	Browser-based point-of-sale software for South African bottle stores, covering till, stock, deposits and cash-up.	-	Not disclosed	2–10
17	SCOODSouth Africa	Digital in-store displays that let shoppers scan and buy products and have them delivered home.	-	Not disclosed	2–10
18	IgniteSouth Africa	Gamified retail performance platform that motivates in-store sales teams and helps telecom retailers raise ARPU.	-	Not disclosed	11–50(6onLI)
19	NextTaskSouth Africa	Multistore management software that lets South African retailers manage tasks, merchandising and stock counts across stores.	-	Not disclosed	2–10
20	Pick and PriceSouth Africa	Grocery price comparison app that adjusts for pack size to show shoppers the real best deal.	-	Not disclosed	2–10

SLA Startup Index · as of 26 Oct 2026 · raised is disclosed funding

Showing 1–20 of 47 · Open in the directory

Frequently asked about Retail in South Africa

How many Retail startups are there in South Africa?: StartupList Africa tracks 47 Retail startups in South Africa.
How much funding have Retail startups in South Africa raised?: Retail startups in South Africa have raised $1.2B across 36 disclosed rounds.
Who invests in Retail startups in South Africa?: Naspers has backed 2 of them, followed by 500 Global (1) and Acorn Agri (1). 36 investors have backed Retail startups in South Africa in total.
Where in South Africa are Retail startups based?: Cape Town (15), Johannesburg (13) and Bedfordview (1) have the most.

Cite this page

StartupList Africa, “Retail startups in South Africa”, updated 26 Oct 2026.

startuplist.africa/countries/south-africa/industries/retail