About startup landscape in Ivory Coast
Ivory Coast has over 900 startups across the country. Of these, 153 are funded companies that have collectively raised $1.41B in venture capital and private equity. A total of 132 investors have participated in 164 funding rounds, with 10 startups securing early-stage funding and 6 raising late-stage funding. In the last five years, 140 new companies have been founded, raising over $46.3M in funding. Startups in Ivory Coast have witnessed 13 acquisitions and 9 IPOs, while 163 startups wrapped up operations. Additionally, 16 companies have been founded by women.
Top Companies in Ivory Coast
Djamo is the top company in Ivory Coast, ranked using Tracxn Score (what's this?).
Here are 5 of the top companies in Ivory Coast:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
App-based platform for expense management | Abidjan (Ivory Coast) | 2019 | Series B | $34.6M | |
Platform offering marketplace cross-border solution for businesses | Abidjan (Ivory Coast) | 2016 | Acquired | $13.5M | |
Group of companies focused on finance & banking sector | Abidjan (Ivory Coast) | 1995 | Late Stage | - | |
Private equity firm focused on growth equities | Cologne (Germany) | 1962 | Unfunded | - | |
Private equity firm | Paris (France) | 1994 | Funding Raised | - |
Recent Funding Rounds in Ivory Coast
In the year 2026, till May 2026, $15M has been raised in 2 equity
funding rounds across Ivory Coast.
Here are some recent, important funding rounds in Ivory Coast:Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 8911 | May 21, 2026 | ||
Seed | 5783 | Jan 26, 2026 | and 3 more | |
Series B | 9489 | Sep 30, 2025 | ||
Series A | 7646 | Dec 03, 2024 | ||
Seed | 7880 | Nov 18, 2024 |
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- 895+ Total Companies
- $1.41B+ Total Funding
- 150+ Funded Companies
- 5+ IPOs
- 10+ Acquisitions
Top Investors in Ivory Coast
Europa is the top investor in companies of Ivory Coast based on number of companies invested.
Here are some top investors in Ivory Coast:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Paris (France) | ||
Paris (France) | ||
Abidjan (Ivory Coast) | ||
Abidjan (Ivory Coast) |
Acquisitions in Ivory Coast
In the year 2025, till October 2025, 4 acquisitions happened in Ivory Coast. Last year, in 2024, a total of 1 acquisition happened in Ivory Coast.
Here are some recent, important acquisitions in Ivory Coast:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Oct 22, 2025 | - | |
Business Acquisition | Oct 09, 2025 | ||
Business Acquisition | Sep 26, 2025 | - | |
Business Acquisition | Feb 26, 2025 | ||
Business Acquisition | Feb 06, 2024 |
IPOs in Ivory Coast
In the year 2021, till November 2021, 1 IPO happened in Ivory Coast.
Here are some recent, important IPOs in Ivory Coast:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Nov 12, 2021 | London Stock Exchange (LSE) | |
Oct 13, 2011 | Euronext Exchange (Euronext) | |
Aug 01, 2007 | Toronto Stock Exchange (TSX) |
Top News about startups in Ivory Coast
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Deal agreed for the purchase of Biffa for £1.3bnCity A.M.•Sep 27, 2022•Biffa, Bidco Africa, ECP, Linklaters and 1 other
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ECP Announces Sale of Sendero Midstream to Crestwood Midstream PartnersPR Newswire•Jun 04, 2022•ECP, Crestwood, Crestwood
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Goldman Sachs to sell Restaurant TechnologiesPE Hub•Feb 28, 2022•Goldman Sachs, Restaurant Technologies, ECP, ECP and 1 other
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Zipline Raises $ 250 Million For Its Drone Delivery Serviceusine-digitale.fr•Jul 06, 2021•Fidelity Investments, Intercorp, ECP, Reinvent Capital and 6 others
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Ivorian startup Afrikrea partners with DHL and Visa to launch SaaS e-commerce platform ANKATechCrunch+•Apr 28, 2021•ANKA, DHL, Visa
