Cloud Data Services Startups in Africa

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Cloud data services are gaining traction in Africa, with players like Datacentrix, Guidewheel, and Magalix offering robust solutions. Local business leaders recognize the benefits—data security, scalability, cost efficiency—but adoption varies based on industry and budget constraints. Despite challenges like connectivity and regulatory concerns, the market is ripe for growth as businesses embrace digital transformation and data-driven decision-making.

Cummulative Funding

$3.2M+

Total # of Companies

4

Total Deal Count

3

Total M&A Count

1

Total # of Investors

3

List of Cloud Data Services startups in Africa

Add Startup
StartupOverviewLast roundTotal raisedFounded
1.

Magalix is an Egyptian cloud security development startup.

Venture

$ 3,200,000

2017

2.

Valify offers service providers tools that enable financial institution to digitally identify their customers

Non-equity Assistance

$ 45,000

2019

3.

Scoutec is an Egyptian Cloud-based startup that allows automation of market research operations.

Undisclosed

Undisclosed

4.

Raccoon is an Egyptian Cloud-Based Personalization Data Platform.

Undisclosed

Undisclosed

2020

Magalix

Founded

2017

Overview

Magalix is an Egyptian cloud security development startup.

Last round

Venture

Total raised

$ 3,200,000

Employee

11-50

Founded

2019

Overview

Valify offers service providers tools that enable financial institution to digitally identify their customers

Last round

Non-equity Assistance

Total raised

$ 45,000

Employee

11-50

Scoutec

Founded

Overview

Scoutec is an Egyptian Cloud-based startup that allows automation of market research operations.

Last round

Undisclosed

Total raised

$ 0

Employee

2-10

Founded

2020

Overview

Raccoon is an Egyptian Cloud-Based Personalization Data Platform.

Last round

Undisclosed

Total raised

$ 0

Employee

11-50

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