RankingSouth Africa · 2021 Funding
Top Funded South Africa Startups of 2021
23 companies with $1.2B in 2021 funding between them. Go1 leads with $200M, followed by TymeBank ($179M) and Teraco Data Environments ($170M).
- 2021 Funding
- $1.2B
- 23 companies
- Median per company
- $15M
- average $51.4M
- Top 3 share
- 46%
- Go1 alone 17%
- Backer relationships
- 240
- across the 23
| # | Company | 2021 Funding |
|---|---|---|
| 1 |  Go1 is a South African eLearning startup which offers digital learning for entire workforce. | $200M |
| 2 |  TymeBank is a South African fully black-owned and controlled investment company. | $179M |
| 3 |  Teraco Data Environments is a network and hosting company providing vendor neutral data centers in South Africa. | $170M |
| 4 |  dLocal enables global merchants to accept and send payments across emerging markets via one API. | $150M |
| 5 |  JUMO is a technology platform, developed for building and running financial services. | $120M |
| 6 |  Yoco is a point-of-sale payments provider for small businesses in Africa. | $83M |
| 7 |  Ozow is a South African startup that simplifies transactions for customers and merchants. | $48M |
| 8 |  LifeQ is a SA biotech startup which provides users with access to health information derived from wearable devices. | $47M |
| 9 |  RapidDeploy is a South African Cloud-based Computer Aided Dispatch (CAD) and Analytics platform. | $40M |
| 10 |  Access to mobility for the underbanked | $30M |
| 11 |  Aerobotics is a data analytics company, using aerial imagery and machine learning algorithms to help farmers identify pest and disease early | $17M |
| 12 |  Adumo is South Africa’s largest independent payments processor | $15M |
| 13 |  WhereIsMyTransport is a big data platform for sustainable mobility in emerging markets; empowering people everywhere to get where they want to go. | $14.5M |
| 14 |  Zeelo is a South African startup providing highly efficient transportation for commuting and school runs. | $12M |
| 15 |  Naked Insurance provides instant, honest insurance at game-changing prices. | $11M |
| 16 |  KAS Africa is a South African contract manufacturer of personal care and homecare products. | $10M |
| 17 |  Stitch is a South African fintech platform building API to make Africa a world-leader in fintech. | $6M |
| 18 |  Carry1st leverages mobile technology to delight consumers and empower small businesses across Africa | $6M |
| 19 | OfferZen is a developer job marketplace where 1000+ SA and EU companies hire from a community of 100 000+ makers. | $5.1M |
| 20 |  FlexClub is a car subscription platform that is unlocking access to cars for members who want the flexibility to own the car if and when it suits them. | $5M |
| 21 |  NFTfi is a simple marketplace for NFT collateralized loans. | $5M |
| 22 |  Aura is a South African cloud-based security and safety startup. | $4M |
| 23 |  Mobiz is an easy-to-use and highly intuitive mobile marketing tool that allows businesses to engage with their customers | $4M |
All 23 shown · generated 16 Feb 2026
Missing a company? Submit itFrequently asked about Top Funded South Africa Startups of 2021
- Which company leads Top Funded South Africa Startups of 2021?
- Go1, with $200M, 17% of the $1.2B on this list. TymeBank is second ($179M).
- How much did the companies on this list raise?
- $1.2B across 23 companies. The median company raised $15M. The top three took 46% of the total.
- Which cities are they based in?
- Cape Town (12 companies), Johannesburg (8) and Bryanston (1).
- How is this list built?
- This cohort contains startups classified as startup in South Africa and is ranked by total USD funding announced in 2021. Funding values are limited to 2021; latest-round and company details reflect the most recent tracked data.
