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 Mar 31, 2026, the latest employee count at Cassava Technologies is 93.

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 262nd amongst 121010 active competitors, of which 932 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 Hewlett Packard Enterprise. Among them, Cassava Technologies secured the most recent funding round in October, 2025.

Cassava Technologies - 2026 Company Profile, Team, Funding & Competitors

Most viewed in 2019

Cassava Technologies is a series D company based in Johannesburg (South Africa), founded in 2021 by Strive Masiyiwa. It operates as a Provider of data center, security, and cloud services. Cassava Technologies has raised $140M in funding. The company has 121010 active competitors, including 932 funded and 7078 that have exited. Its top competitors include companies like IBM, UST and Hewlett Packard Enterprise.

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

IFC & 12 more

Ranked

262^nd among 121010 active competitors

Employee Count

93 as on Mar 31, 2026

Similar Companies

IBM & 144687 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	9226059	Series D	1847194	9489736	9884468	6128843
Dec 18, 2024	6728190	Series D	9945273	5181450	1971019	DFC & 2 more
Dec 18, 2024	4190182	Conventional Debt	5500981	2715606	4160092	8988071

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View details of Cassava Technologies's funding rounds and investors

The founders of Cassava Technologies is Strive Masiyiwa. Hardy Pemhiwa is the CEO of Cassava Technologies.

Here are the details of Cassava Technologies' key team members:

Strive Masiyiwa: Founder and Executive Chairman of Cassava Technologies.

View details of Cassava Technologies's Founder profiles and Board Members

Cassava Technologies' employee count trend

Cassava Technologies has 93 employees as of Mar 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 Hewlett Packard Enterprise. 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, United States, Public	Provider of hybrid cloud, artificial intelligence, and consulting services	-	Berkshire Hathaway, Runway & 16 others	80/100
2nd	UST 1999, Aliso Viejo (United States), Late Stage	Provider of data analytics, cloud modernization, management strategy, and digital transformation services	$250M	Temasek, MFAR & 1 others	80/100
3rd	Hewlett Packard Enterprise 2015, Houston (United States), Public	Provider of edge-to-cloud solutions, products, and services for enterprise organizations	-	Kleiner Perkins, Draper Athena & 2 others	79/100
4th	Mindtree 1999, Bengaluru (India), Acquired	Consulting and implementations company	$23.9M	Global Technology Ventures, Capital Group ... & 9 others	79/100
5th	Happiest Minds 2011, Bengaluru (India), Public	Provider of IT suite services	$64.8M	Canaan, Trident Trust & 40 others	76/100
6th	Accenture 1989, Dublin (Ireland), Public	Provider of IT consulting, technology, and outsourcing services	-	ngn-capital.com, Bondeinvest.com & 6 others	76/100
7th	Infosys 1981, Bengaluru (India), Public	Provider of digital marketing, data analytics, and IT services	-	Seaside Private Capital, ChrysCapital & 1 others	75/100
8th	Virtusa 1996, Westborough (United States), Acquired	IT services company	$45.2M	Back Bay Group, Orogen Group & 8 others	73/100
9th	Sutherland 1986, Pittsford (United States), Late Stage	Provider of business process and technology management services	$60M	Affirma Capital, Oak Investment Partners & 3 others	73/100
10th	Datamatics 1975, Mumbai (India), Public	Provider of digital technologies, business process management, analytics, and automation services	$3M	IIML	73/100
262nd	Cassava Technologies 2021, Johannesburg (South Africa), Series D	Provider of data center, security, and cloud services	$140M	IFC, Google & 11 others	53/100

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Cassava Technologies has made no investments or acquisitions yet.

Media has covered Cassava Technologies for a total of 19 events in the last 1 year, 7 of them have been about company updates and 5 about partnerships.