SaaS Startups in Africa

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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

$100.5M+

Total # of Companies

64

Total Deal Count

94

Total M&A Count

4

Total # of Investors

146

List of SaaS startups in Africa

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Upgrade to StartupList Africa PRO for unlimited access to this list.

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Upgrade to StartupList Africa PRO for unlimited access to this list.

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Upgrade to StartupList Africa PRO for unlimited access to this list.

Unlock Access to Full List

Upgrade to StartupList Africa PRO for unlimited access to this list.

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Upgrade to StartupList Africa PRO for unlimited access to this list.

Unlock Access to Full List

Upgrade to StartupList Africa PRO for unlimited access to this list.

Unlock Access to Full List

Upgrade to StartupList Africa PRO for unlimited access to this list.

Unlock Access to Full List

Upgrade to StartupList Africa PRO for unlimited access to this list.

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Upgrade to StartupList Africa PRO for unlimited access to this list.

Unlock Access to Full List

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StartupOverviewLast roundTotal raisedFounded
1.

Instabug is a crowd-sourcing platform designed to provide application feedback to developers

Series B

$ 53,120,000

2012

2.

DXwand is an AI venture founded by technology & AI experts that are passionate about building intelligent conversational AI

Series A

$ 6,880,000

2018

3.

FlapKap offers online businesses AI-based insight to help them optimize their advertising spend and maximize profits.

Seed

$ 4,800,000

2021

4.

Cercli is the modern payroll and employee data platform for the Middle East and North Africa (MENA).

Seed

$ 4,500,000

2023

5.

Swypex is an Egyptian FinTech startup which empowers users payments with ease, streamline invoice management and access working capital

Seed

$ 4,000,000

2022

6.

Gameball is a growth marketing platform that uses gamification to offer intelligent and customizable loyalty and rewards programs

Seed

$ 3,500,000

2019

7.

Mnzl is an Egyptian asset-backed lending platform that enables users in Egypt to leverage their assets as collateral to apply for loans.

Seed

$ 3,500,000

2022

8.

Magalix is an Egyptian cloud security development startup.

Venture

$ 3,200,000

2017

9.

Convertedin is an automation ads platform for eCommerce and online sellers

Seed

$ 3,000,000

2018

10.

SubsBase is cloud-based subscription and billing platform that empowers subscription-based businesses with operational, analytics and billing tools

Seed

$ 2,610,000

2020

11.

Qara offers end-to-end digital ecosystem that enables producers to trace their products down to the end-consumers.

Seed

$ 2,600,000

2018

12.

Eventtus is an all-in-one virtual events platform that delivers an amazing experience to everyone, anywhere.

Venture

$ 2,175,000

2012

13.

Zeew is a B2B on demand delivery platform for small businesses

Seed

$ 1,342,000

2017

14.

Hollydesk is an Egyptian SaaS platform for SMEs that will take care of the company's daily expenses and accounts

Debt Financing

$ 1,325,000

2020

15.

bluworks is empowering businesses and blue collar workers through a mobile-first workforce management solution.

Pre-seed

$ 1,000,000

2022

16.

beXel is a cloud based software that helps inspection companies digitize their entire inspection process

Funding Round

$ 560,000

2016

17.

El Dokan is an eCommerce Software designed for enterprises

Pre-seed

$ 550,000

2019

18.

AIM Technologies is an artificial intelligence company creating solutions to better understand and act upon customer conversations and feedback.

Seed

$ 400,000

2018

19.

Mivors is the first and largest provider of industry specific cloud management in ME, the Managed unlimited cloud services (MUCS)!

Seed

$ 350,000

2016

20.

Xpovi is a web-based Robotic Advisory Software.

Pre-seed

$ 300,000

2021

Instabug

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

DXwand

Founded

2018

Overview

DXwand is an AI venture founded by technology & AI experts that are passionate about building intelligent conversational AI

Last round

Series A

Total raised

$ 6,880,000

Employee

11-50

FlapKap

Founded

2021

Overview

FlapKap offers online businesses AI-based insight to help them optimize their advertising spend and maximize profits.

Last round

Seed

Total raised

$ 4,800,000

Employee

2-10

Cercli

Founded

2023

Overview

Cercli is the modern payroll and employee data platform for the Middle East and North Africa (MENA).

Last round

Seed

Total raised

$ 4,500,000

Employee

2-10

Swypex

Founded

2022

Overview

Swypex is an Egyptian FinTech startup which empowers users payments with ease, streamline invoice management and access working capital

Last round

Seed

Total raised

$ 4,000,000

Employee

11-50

Gameball

Founded

2019

Overview

Gameball is a growth marketing platform that uses gamification to offer intelligent and customizable loyalty and rewards programs

Last round

Seed

Total raised

$ 3,500,000

Employee

11-50

Mnzl

Founded

2022

Overview

Mnzl is an Egyptian asset-backed lending platform that enables users in Egypt to leverage their assets as collateral to apply for loans.

Last round

Seed

Total raised

$ 3,500,000

Employee

11-50

Magalix

Founded

2017

Overview

Magalix is an Egyptian cloud security development startup.

Last round

Venture

Total raised

$ 3,200,000

Employee

11-50

Founded

2018

Overview

Convertedin is an automation ads platform for eCommerce and online sellers

Last round

Seed

Total raised

$ 3,000,000

Employee

11-50

SubsBase

Founded

2020

Overview

SubsBase is cloud-based subscription and billing platform that empowers subscription-based businesses with operational, analytics and billing tools

Last round

Seed

Total raised

$ 2,610,000

Employee

2-10

Qara

Founded

2018

Overview

Qara offers end-to-end digital ecosystem that enables producers to trace their products down to the end-consumers.

Last round

Seed

Total raised

$ 2,600,000

Employee

201-500

Eventtus

Founded

2012

Overview

Eventtus is an all-in-one virtual events platform that delivers an amazing experience to everyone, anywhere.

Last round

Venture

Total raised

$ 2,175,000

Employee

51-200

Zeew

Founded

2017

Overview

Zeew is a B2B on demand delivery platform for small businesses

Last round

Seed

Total raised

$ 1,342,000

Employee

11-50

Hollydesk

Founded

2020

Overview

Hollydesk is an Egyptian SaaS platform for SMEs that will take care of the company's daily expenses and accounts

Last round

Debt Financing

Total raised

$ 1,325,000

Employee

2-10

bluworks

Founded

2022

Overview

bluworks is empowering businesses and blue collar workers through a mobile-first workforce management solution.

Last round

Pre-seed

Total raised

$ 1,000,000

Employee

11-50

BeXel

Founded

2016

Overview

beXel is a cloud based software that helps inspection companies digitize their entire inspection process

Last round

Funding Round

Total raised

$ 560,000

Employee

11-50

El Dokan

Founded

2019

Overview

El Dokan is an eCommerce Software designed for enterprises

Last round

Pre-seed

Total raised

$ 550,000

Employee

11-50

Founded

2018

Overview

AIM Technologies is an artificial intelligence company creating solutions to better understand and act upon customer conversations and feedback.

Last round

Seed

Total raised

$ 400,000

Employee

11-50

mivors

Founded

2016

Overview

Mivors is the first and largest provider of industry specific cloud management in ME, the Managed unlimited cloud services (MUCS)!

Last round

Seed

Total raised

$ 350,000

Employee

11-50

Xpovi

Founded

2021

Overview

Xpovi is a web-based Robotic Advisory Software.

Last round

Pre-seed

Total raised

$ 300,000

Employee

2-10

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