When was Cassava Technologies founded?

Cassava Technologies was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Where is Cassava Technologies located?

Cassava Technologies is headquartered in Johannesburg, South Africa.

How many employees does Cassava Technologies have?

As of Sep 30, 2026, the latest employee count at Cassava Technologies is 123.

Is Cassava Technologies a funded company?

Cassava Technologies is a funded company, having raised a total of $140M across 4 funding rounds to date. The company's 1st funding round was a $***** Series C round, raised on Jul 18, 2022.

When was the latest funding round of Cassava Technologies?

Cassava Technologies' latest funding was a $***** Series D round on Oct 24, 2025, with participation from 1 investor.

Where does Cassava Technologies rank among its competitors?

Cassava Technologies ranks 223rd amongst 150554 active competitors, of which 990 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Cassava Technologies, which secured an undisclosed amount in Oct, 2025.

Who are the top competitors of Cassava Technologies?

Cassava Technologies' top competitors include IBM, UST and Virtusa. Among them, Cassava Technologies secured the most recent funding round in October, 2025.

Cassava Technologies - 2026 Company Profile, Funding & Competitors

Company Details

Provider of integrated digital infrastructure and technology services for business. This enterprise operates a platform delivering broadband connectivity, data center colocation, cloud computing, cyber security, and digital payment systems. It maintains extensive fiber optic networks and interconnected facilities to support institutional digital transformation and economic participation across multiple regions. The organization develops artificial intelligence strategies and deploys financial technology applications for consumer and corporate users. It integrates renewable energy solutions to power its data center infrastructure and telecommunications operations. By connecting markets through standardized digital services, the entity facilitates operational connectivity and technology adoption for businesses and individuals.

Key Metrics

Founded Year

2021

Location

Johannesburg, South Africa

Stage

Series D

Total Funding

$140M in 4 rounds

Latest Funding Round

Series D, Oct 24, 2025, $*****

Investors

C5 Capital & 12 more

Ranked

223^rd among 150554 active competitors

Employee Count

123 as on Sep 30, 2026

Similar Companies

IBM & 174204 more

View Cassava Technologies' full profile

Cassava Technologies has raised a total funding of $140M over 4 rounds. Its first funding round was on Jul 18, 2022. Its latest funding round was a Series D round on Oct 24, 2025 for $*****. 1 investor participated in its latest round. Cassava Technologies has 13 institutional investors.

Here is the list of recent funding rounds of Cassava Technologies:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 24, 2025	6115244	Series D	6076727	3563349	5618576	1988665
Dec 18, 2024	4373544	Series D	9062088	2041025	8304003	DFC & 2 more
Dec 18, 2024	1253905	Conventional Debt	8133931	7604656	7483759	7090107

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View details of Cassava Technologies's funding rounds and investors

Cassava Technologies' employee count trend

Cassava Technologies has 123 employees as of Sep 26. Here is Cassava Technologies's employee count trend over the years:

Employee count trend for Cassava Technologies

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Top competitors of Cassava Technologies include IBM, UST and Virtusa. Here is the list of Top 10 competitors of Cassava Technologies, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	IBM 1911, Armonk (United States), Public	Provider of hybrid cloud, artificial intelligence, and IT consulting services	-	Berkshire Hathaway, Runway & 23 others	78/100
2nd	UST 1998, Aliso Viejo (United States), Late Stage	Provider of data analytics, cloud modernization, management strategy, and digital transformation services	$250M	Temasek, MFAR & 1 others	76/100
3rd	Virtusa 1996, Westborough (United States), Acquired	IT services company	$45.2M	EQT, Back Bay Group & 8 others	76/100
4th	Hewlett Packard Enterprise 2015, Houston (United States), Public	Provider of edge-to-cloud solutions, products, and services for enterprise organizations	-	Kleiner Perkins, Draper Athena & 4 others	75/100
5th	Infosys 1981, Bengaluru (India), Public	Provider of consulting, data analytics, and IT services	-	Nepean Capital, Seaside Private Capital	74/100
6th	Sutherland 1986, Pittsford (United States), Late Stage	Provider of business process and technology management services	$60M	Affirma Capital, Oak Investment Partners & 3 others	74/100
7th	Endava 2000, London (United Kingdom), Public	Provider of digital transformation services using artificial intelligence and automation	-	M\|C Partners, Europa	74/100
8th	Datamatics 1975, Mumbai (India), Public	Provider of digital technologies, business process management, analytics, and automation services	$3M	IIML	73/100
9th	Mindtree 1999, Bengaluru (India), Acquired	Consulting and implementations company	$23.9M	Global Technology Ventures, Walden Israel ... & 9 others	73/100
10th	Happiest Minds Technologies 2011, Bengaluru (India), Public	Provider of IT suite services	$64.5M	Canaan, Trident Trust & 33 others	73/100
223rd	Cassava Technologies 2021, Johannesburg (South Africa), Series D	Provider of integrated digital infrastructure and technology services for business	$140M	C5 Capital, IFC & 11 others	55/100

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Cassava Technologies has made no investments or acquisitions yet.

Here is the latest report on Cassava Technologies's sector:

Free

IT Services - Sector Report

Edition: September, 2026 (75 Pages)

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Media has covered Cassava Technologies for a total of 16 events in the last 1 year, 8 of them have been about company updates and 4 about partnerships.