SaaS Startups in Africa
Overview Powered by AI
SaaS adoption in Southern Africa is gaining traction. Companies like Go1 and TradeDepot are leading the charge, offering innovative solutions that meet local needs. Business leaders are recognizing the benefits of SaaS, including flexibility, scalability, and cost savings. However, challenges remain, such as connectivity and infrastructure constraints. Overall, the SaaS market in Southern Africa is poised for significant growth in the coming years.
Cummulative Funding
$1.5B+
Total # of Companies
250
Total Deal Count
472
Total M&A Count
20
Total # of Investors
839
List of SaaS startups in Africa
Add Startup| Startuparrow_upward | Overviewarrow_upward | Last roundarrow_upward | Total raisedarrow_upward | Founded |
|---|---|---|---|---|
Teraco Data Environments is a network and hosting company providing vendor neutral data centers in South Africa. | Debt Financing | $ 304,380,196 | 2007 | |
Go1 is a South African eLearning startup which offers digital learning for entire workforce. | Series D | $ 280,000,000 | 2015 | |
TradeDepot enables manufacturers and key distributors keep their brands in stock on the shelves of millions of retail stores across Africa. | Debt Financing | $ 123,000,000 | 2015 | |
Gro Intelligence is an AI-powered insights company that provides decision-making analytics to the agriculture economies and their participants. | Series B | $ 118,810,000 | 2014 | |
InstaDeep is a Tunis-based AI startup which provides self-learning decision making systems. | Series B | $ 107,000,000 | 2015 | |
RapidDeploy is a South African Cloud-based Computer Aided Dispatch (CAD) and Analytics platform. | Funding Round | $ 86,000,000 | 2014 | |
Sama provides high-quality training data that powers AI technology. | Series B | $ 84,800,000 | 2008 | |
Instabug is a crowd-sourcing platform designed to provide application feedback to developers | Series B | $ 53,120,000 | 2012 | |
Zeelo is a South African startup providing highly efficient transportation for commuting and school runs. | Series A | $ 33,600,000 | 2023 | |
Ramani is a Tanzanian SaaS platform that helps salespeople track their inventories, register their customers and record their sales transactions. | Series A | $ 32,150,000 | 2020 | |
Pngme is a US-based African-focused financial data infrastructure and machine learning-as-a-service platform. | Series A | $ 18,500,000 | 2018 | |
Raenest is a modern, multi-currency platform for Africans that makes managing money across borders easy. | Series A | $ 14,450,000 | 2022 | |
Guidewheel is a Kenyan SaaS startup empowering factories to digitise their operations. | Series A | $ 11,900,000 | 2017 | |
Insight Terra provides real-time actionable insight into all your critical data. | Series A | $ 11,200,000 | 2021 | |
Furaha is a purpose-driven lending platform aiming to make finance accessible across sub-Saharan Africa. | Venture | $ 10,000,000 | 2023 | |
Appzone is a fintech that builds proprietary solutions for financial institutions, banking and payments services. | Series A | $ 10,000,000 | 2008 | |
Leta builds supply chain & logistics software to enable the efficient and automated movement of goods in Africa. | Seed | $ 8,000,000 | 2021 | |
PayTic is a Moroccan fast-growing fintech company specializing in Software-as-a-Service (SaaS) solutions for card issuers. | Seed | $ 7,350,000 | 2020 | |
Freterium is a Moroccan SaaS platform that connects people and technologies in the logistics value chain. | Seed | $ 7,255,000 | 2018 | |
Sky.Garden is a Kenyan mobile SaaS eCommerce Platform for African retailers. | Series A | $ 7,212,030 | 2015 |
Founded
2007
Overview
Teraco Data Environments is a network and hosting company providing vendor neutral data centers in South Africa.
Last round
Debt Financing
Total raised
$ 304,380,196
Employee
51-200
Founded
2015
Overview
Go1 is a South African eLearning startup which offers digital learning for entire workforce.
Last round
Series D
Total raised
$ 280,000,000
Employee
201-500
Founded
2015
Overview
TradeDepot enables manufacturers and key distributors keep their brands in stock on the shelves of millions of retail stores across Africa.
Last round
Debt Financing
Total raised
$ 123,000,000
Employee
51-200
Founded
2014
Overview
Gro Intelligence is an AI-powered insights company that provides decision-making analytics to the agriculture economies and their participants.
Last round
Series B
Total raised
$ 118,810,000
Employee
51-200
Founded
2015
Overview
InstaDeep is a Tunis-based AI startup which provides self-learning decision making systems.
Last round
Series B
Total raised
$ 107,000,000
Employee
51-200
Founded
2014
Overview
RapidDeploy is a South African Cloud-based Computer Aided Dispatch (CAD) and Analytics platform.
Last round
Funding Round
Total raised
$ 86,000,000
Employee
51-200
Founded
2008
Overview
Sama provides high-quality training data that powers AI technology.
Last round
Series B
Total raised
$ 84,800,000
Employee
51-200
Founded
2012
Overview
Instabug is a crowd-sourcing platform designed to provide application feedback to developers
Last round
Series B
Total raised
$ 53,120,000
Employee
51-200
Founded
2023
Overview
Zeelo is a South African startup providing highly efficient transportation for commuting and school runs.
Last round
Series A
Total raised
$ 33,600,000
Employee
51-200
Founded
2020
Overview
Ramani is a Tanzanian SaaS platform that helps salespeople track their inventories, register their customers and record their sales transactions.
Last round
Series A
Total raised
$ 32,150,000
Employee
2-10
Founded
2018
Overview
Pngme is a US-based African-focused financial data infrastructure and machine learning-as-a-service platform.
Last round
Series A
Total raised
$ 18,500,000
Employee
11-50
Founded
2022
Overview
Raenest is a modern, multi-currency platform for Africans that makes managing money across borders easy.
Last round
Series A
Total raised
$ 14,450,000
Employee
51-200
Founded
2017
Overview
Guidewheel is a Kenyan SaaS startup empowering factories to digitise their operations.
Last round
Series A
Total raised
$ 11,900,000
Employee
11-50
Founded
2021
Overview
Insight Terra provides real-time actionable insight into all your critical data.
Last round
Series A
Total raised
$ 11,200,000
Employee
11-50
Founded
2023
Overview
Furaha is a purpose-driven lending platform aiming to make finance accessible across sub-Saharan Africa.
Last round
Venture
Total raised
$ 10,000,000
Employee
2-10
Founded
2008
Overview
Appzone is a fintech that builds proprietary solutions for financial institutions, banking and payments services.
Last round
Series A
Total raised
$ 10,000,000
Employee
51-200
Founded
2021
Overview
Leta builds supply chain & logistics software to enable the efficient and automated movement of goods in Africa.
Last round
Seed
Total raised
$ 8,000,000
Employee
11-50
Founded
2020
Overview
PayTic is a Moroccan fast-growing fintech company specializing in Software-as-a-Service (SaaS) solutions for card issuers.
Last round
Seed
Total raised
$ 7,350,000
Employee
11-50
Founded
2018
Overview
Freterium is a Moroccan SaaS platform that connects people and technologies in the logistics value chain.
Last round
Seed
Total raised
$ 7,255,000
Employee
11-50
Founded
2015
Overview
Sky.Garden is a Kenyan mobile SaaS eCommerce Platform for African retailers.
Last round
Series A
Total raised
$ 7,212,030
Employee
11-50