African Startups That Bootstrapped to $1M+ Revenue
- Shuttlers grew to 15,000 daily rides by focusing on high-demand routes and an asset-light model.
- SAVA achieved over $1 million in annual revenue by prioritizing customer needs and early revenue generation.
- Both startups emphasize solving specific local problems to drive their business models.
The success of Shuttlers and SAVA highlights the potential for African startups to thrive without external funding. This trend encourages a new generation of entrepreneurs to focus on sustainable growth and innovation tailored to local markets. However, it is essential for founders to remain aware of the challenges they face and to consider when external funding might be necessary for accelerated growth.
