Carry1st

Active#12 in South Africa

Estimated valuation · Mobile games publisher and marketplace · South Africa

Publishes mobile games and runs a digital-goods marketplace for African players, selling in-game currency and vouchers with local payment methods such as mobile money and bank transfer.

Gaming›mobile games publisher and marketplace carry1st.com

Founded2018

HQCape Town

Last roundPre-Series B · Jan 2023

Country of originSouth AfricaListed in the South Africa ranking

Where would you invest?South AfricaJurisdiction as cited by the ranking

Estimated valuation

AI · South Africa ranking

≈ USD 140MUSD 93–210M · Hundreds of M$

Hundreds of k$

Millions $

Tens of M$

Hundreds of M$

Unicorn

Decacorn

Hectocorn

Anchor: Last known equity round: Pre-Series B · USD 27M · Jan 2023
AI adjustment: None

An indicative editorial estimate produced by AI, imperfect by nature: neither a financial valuation nor investment advice. Only the market sets a company’s value. Method

Uback rankings

How the AI ranks →

Ranking	Tier	Rank	Edition	Next update
South Africa · all sectors	Top 20	#12	Edition 0 · October 2026	17 Jan 2027

Rank historyOct 2026 · #12First edition: no movements yet.

Funding history

Date	Round	Amount	Type	Investors
Jan 2023	Pre-Series B	USD 27M	Equity	Bitkraft Ventures, a16z, TTV Capital, Alumni Ventures, Lateral Frontiers, Kepple Ventures

Rounds as cited by Uback’s rankings. Equity, debt and grants are shown separately; only equity rounds count towards the valuation anchor.

Independent analyses

By industry professionals & analysts

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AI valuation: $140MUndervalued or overvalued?

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Who should acquire itStrategic buyers, and why

Who should it acquireAcquisition targets, and why

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What the AI reads

Read by the AI at the next edition.

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Full South Africa ranking →

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Last updated: Oct 2026Report an error

Uback is a content publisher and an aggregator of non-binding expressions of interest. It provides no investment advice, receives no mandate and takes part in no transaction. Rankings, ranges and brackets are editorial estimates produced by AI, purely indicative.