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Top 10 B2B Startup Investors in South Africa (September 2026)

The most active venture capital funds and angel investors investing in South Africa B2B startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in South Africa B2B startup companies. Find investors to raise a Pre-Seed, Seed or Venture - Series Unknown round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Jozi Angels
VC Fund
2 South Africa, Kenya Seed, Pre-Seed, Venture - Series Unknown B2B, Legal, Travel $188k–$1.6M
E4EAfrica
VC Fund
2 South Africa, The Netherlands, France Seed, Pre-Seed, Series A Logistics, Internet, Supply Chain Management $1M–$8.4M
54 Collective
VC Fund
2 Kenya, Nigeria, South Africa Seed, Pre-Seed Health Care, Information Technology, FinTech $40k–$2M
Five Elms Capital
VC Fund
1 United States, Canada, Australia Series A, Series B, Venture - Series Unknown Software, SaaS, Information Technology $2M–$75M
Digital Africa Ventures
VC Fund
1 South Africa, Tunisia, The Netherlands Seed, Pre-Seed, Venture - Series Unknown Software, Logistics, Supply Chain Management $1.8M–$5M
Capaci.Tech
VC Fund
1 South Africa, Kenya, United States Seed Apps, Software, B2B $10k–$4M
Jonathan Smit
Angel
1 South Africa, The Netherlands Seed, Pre-Seed B2B, Travel, Tourism
Utopia Capital Management
VC Fund
1 Tunisia, South Africa Seed, Venture - Series Unknown B2B, FinTech, Payments
ODBA
VC Fund
1 Nigeria, United States, United Kingdom Seed, Pre-Seed, Series A FinTech, Financial Services, Health Care $43k–$10M
Fedgroup
VC Fund
1 South Africa Seed B2B, Insurance, Financial Services
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Investor list

Jozi Angels
VC Fund · Johannesburg, NA - South Africa, South Africa · 2 investments in South Africa B2B startups

Jozi Angels is an angel network based in Johannesburg, South Africa. We exist to grow the startup ecosystem and facilitate the growth of innovative startups.

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Investment focus

  • Industry: B2B, Legal, Travel
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: South Africa, Kenya

Investor stats

  • Total investments: 10
  • Round size: Seed $200k–$1.6M; Pre-Seed $188k–$1M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • Jahazii — Jahazii helps employers offer on-demand access to earned wages, giving employees financial flexibility without loans while reducing pressure on HR and payroll teams. Funds on M-PESA in seconds, at no cost to you.
  • TUNL — Ship globally with ease. TUNL offers affordable, transparent international shipping built for South African brands. Up to 91% cheaper. No surprises.
  • The Awareness Company — We use data to tell stories that are useful to humans.
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E4EAfrica
VC Fund · Cape Town, NA - South Africa, South Africa · 2 investments in South Africa B2B startups

E4E Africa Backing category-defining emerging market businesses. We invest in businesses that drive economic opportunity and sustainable growth.Learn MoreE4E specializes ... Read More

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Investment focus

  • Industry: Logistics, Internet, Supply Chain Management
  • Stage:Seed, Pre-Seed, Series A
  • Geography: South Africa, The Netherlands, France

Investor stats

  • Total investments: 27
  • Round size: Seed $1.2M–$7.5M; Pre-Seed $1M–$2M; Series A $1M–$8.4M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • Kuunda — Kuunda provides consulting, liquidity management, data insight tools enabling users to fulfill financial needs through a digital platform.
  • Jem — We give employers the ability to send company-wide communications, deliver payslips, manage leave & give employees access to their earnings, via WhatsApp.
  • Ridge — Ridge structures natural assets into regulated, ISIN-listed financial products accessible through existing banking infrastructure.
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54 Collective
VC Fund · Johannesburg, NA - South Africa, South Africa · 2 investments in South Africa B2B startups

Building and scaling African tech startups with catalytic capital, value-add support and our global network.

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Investment focus

  • Industry: Health Care, Information Technology, FinTech
  • Stage:Seed, Pre-Seed
  • Geography: Kenya, Nigeria, South Africa

Investor stats

  • Total investments: 112
  • Round size: Seed $40k–$2M; Pre-Seed $40k–$1.3M
  • Lead/follow: 35% lead, 65% follow

Portfolio highlights

  • Yeah — Yeah is a financial technology company that offers payment processing services while building a credit profile for the banked and unbanked.
  • REasy — Top up locally, pay suppliers globally, and manage international shipments with REasy. Fast, secure, and designed for African businesses expanding worldwide.
  • Konnect — Konnect provides a cross borders payment solution intended to simplify complex financial flows allowing companies of any scale and size to send and receive payments in a practical, secure, and low-cost way.
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Five Elms Capital
VC Fund · Kansas City, Missouri, United States · 1 investments in South Africa B2B startups

Five Elms Capital | Growth Equity and Venture Capital Firm

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Series A, Series B, Venture - Series Unknown
  • Geography: United States, Canada, Australia

Investor stats

  • Total investments: 103
  • Round size: Series A $2M–$30M; Series B $3.7M–$32M; Venture - Series Unknown $4M–$75M
  • Lead/follow: 78% lead, 22% follow
  • Last fund: Likely actively investing — fresh fund, raised $12M in 2025

Portfolio highlights

  • BoreDM — The modern standard for subsurface data. Manage borehole logs, lab data, and geotechnical and geoenvironmental reports in one cloud platform.
  • Opus1.io — Opus1.io is the end to end platform for music and performing arts schools - Scheduling, Invoicing, Self-booking, Payments etc.
  • Field Agent — Win at retail. Our on-demand platform connects brands to shoppers to capture in-store information, gather rich consumer insights, and drive product trial.
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Digital Africa Ventures
VC Fund · Johannesburg, NA - South Africa, South Africa · 1 investments in South Africa B2B startups

Backing the Bold. Creating African success stories, one founder at a time.

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Investment focus

  • Industry: Software, Logistics, Supply Chain Management
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: South Africa, Tunisia, The Netherlands

Investor stats

  • Total investments: 6
  • Round size: Seed $1.8M–$5M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Tripplo — Tripplo is a platform to automate and optimise operations for transporters, cargo owners and cargo brokers.
  • TUNL — Ship globally with ease. TUNL offers affordable, transparent international shipping built for South African brands. Up to 91% cheaper. No surprises.
  • Konnect — Konnect provides a cross borders payment solution intended to simplify complex financial flows allowing companies of any scale and size to send and receive payments in a practical, secure, and low-cost way.
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Capaci.Tech
VC Fund · Johannesburg, NA - South Africa, South Africa · 1 investments in South Africa B2B startups

CapaciTech operates as a South African holding company that consists of an advisory business and special purposes vehicles that house shareholdings in various entrepreneurial ventures.

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Investment focus

  • Industry: Apps, Software, B2B
  • Stage:Seed
  • Geography: South Africa, Kenya, United States

Investor stats

  • Total investments: 9
  • Round size: Seed $10k–$4M
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • TUNL — Ship globally with ease. TUNL offers affordable, transparent international shipping built for South African brands. Up to 91% cheaper. No surprises.
  • Marquee Group — Marquee Group is a sports management focused on Golf and train athletes to achieve goals.
  • Right Now Response — The future of repairs starts soon. Counting down to smarter tracking in 2025! There are perks to working 24/7, 365 days a year... Like launching the future of repairs ahead of schedule!
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Jonathan Smit
Angel · Cape Town, NA - South Africa, South Africa · 1 investments in South Africa B2B startups

A business owner and entrepreneur at heart, Jonathan started PayFast in 2007, personally developing the core platform and steering the company through more than a decade of hyper growth while maintaining a strong focus on financial return. Now a seasoned executive with strong technical roots and a keen understanding of the payments environment bothlocally and globally, he brings his unique combination of technical, operational and management expertise to bear in driving further growth within the business and across the larger group.

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Investment focus

  • Industry: B2B, Travel, Tourism
  • Stage:Seed, Pre-Seed
  • Geography: South Africa, The Netherlands

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • TUNL — Ship globally with ease. TUNL offers affordable, transparent international shipping built for South African brands. Up to 91% cheaper. No surprises.
  • Conservio — Discover and Book South Africa's best nature accommodations with Conservio. Book vetted accommodations, easy and safe to book online.
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Utopia Capital Management
VC Fund · 1 investments in South Africa B2B startups

We design and launch innovative investment vehicles to drive financial growth, inclusive prosperity and impact in emerging markets.

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Investment focus

  • Industry: B2B, FinTech, Payments
  • Stage:Seed, Venture - Series Unknown
  • Geography: Tunisia, South Africa

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • TUNL — Ship globally with ease. TUNL offers affordable, transparent international shipping built for South African brands. Up to 91% cheaper. No surprises.
  • Konnect — Konnect provides a cross borders payment solution intended to simplify complex financial flows allowing companies of any scale and size to send and receive payments in a practical, secure, and low-cost way.
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ODBA
VC Fund · Port Louis, Port Louis, Mauritius · 1 investments in South Africa B2B startups

We invest in people and stories, which are at the heart of everything we do.

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Investment focus

  • Industry: FinTech, Financial Services, Health Care
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Nigeria, United States, United Kingdom

Investor stats

  • Total investments: 27
  • Round size: Seed $200k–$10M; Pre-Seed $43k–$1.7M
  • Lead/follow: 11% lead, 89% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Hopea Pay — Hopea Pay provides payment plans for healthcare services that comply with Shariah financial standards. The platform allows patients to split bills into monthly installments from three to twenty-four months. Payments are sent directly to healthcare providers while patients manage their schedules digitally through a mobile app. The system meetsglobal standards for security and privacy, including HIPAA, PCI DSS, and SOC2. It works with healthcare providers to make services accessible through managed payment solutions.
  • TUNL — Ship globally with ease. TUNL offers affordable, transparent international shipping built for South African brands. Up to 91% cheaper. No surprises.
  • Kunda Kids — Kunda Kids brings African stories to life! Award-winning books, music & media that make early learning joyful, empowering & proudly cultural.
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Fedgroup
VC Fund · Johannesburg, NA - South Africa, South Africa · 1 investments in South Africa B2B startups

Fedgroup offers financial solutions in South Africa & abroad, providing investments, asset-backed lending, group risk & fiduciary services

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Investment focus

  • Industry: B2B, Insurance, Financial Services
  • Stage:Seed
  • Geography: South Africa

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • LeaseSurance — LeaseSurance provides lease protection and eliminates property rental deposits. It employs financial technology to optimize assets in rental real estate by substituting lease insurance for security deposits. The platform provides rental real estate owners and operators with a comprehensive B2B solution, including a data-driven risk engine and dataplatform to enhance operational income and optimize portfolio performance.
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B2B Investor funding in South Africa at a glance

Stats across 9 deals from 14 investors.

14
investors
in South Africa B2B startups
9
deals
in South Africa B2B startups
$161k
median round
in South Africa B2B startups
50%
lead investors
lead at least one round
44%
Pre-Seed
most common funding stage
93/7
VC / Angel
share of investor count

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