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

$258.4M+

Total # of Companies

24

Total Deal Count

67

Total M&A Count

4

Total # of Investors

148

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.

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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.

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StartupOverviewLast roundTotal raisedFounded
1.

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

2.

Sama provides high-quality training data that powers AI technology.

Series B

$ 84,800,000

2008

3.

Guidewheel is a Kenyan SaaS startup empowering factories to digitise their operations.

Series A

$ 11,900,000

2017

4.

Leta builds supply chain & logistics software to enable the efficient and automated movement of goods in Africa.

Seed

$ 8,000,000

2021

5.

Sky.Garden is a Kenyan mobile SaaS eCommerce Platform for African retailers.

Series A

$ 7,212,030

2015

6.

Kwara is a Nairobi and Berlin based startup offering affordable digital banking

Seed

$ 7,180,000

2018

7.

Bamba uses Mobile, SMS and IVR channels to enable Market Research Firms & Development Aid Organizations to gain insights from users.

Seed

$ 4,650,000

2012

8.

mTek is an InsurTech platform that provides paperless ecosystem for the insurance industry.

Seed

$ 4,500,000

2019

9.

Duhqa is a last mile end to end supply chain & distribution technology platform. Techstars Backed company

Seed

$ 2,000,000

2020

10.

AfyaRekod is a digital health data platform that allows health facilities to capture, store, have real-time access of the patients health data.

Seed

$ 2,000,000

2020

11.

Zeraki uses technology to address some of the obstacles learners encounter in accessing quality education.

Seed

$ 1,840,000

2014

12.

tappi is an end-to-end digital commerce SaaS solution tailored for Africa’s micro, small, and medium-sized businesses (MSMEs).

Pre-seed

$ 1,680,000

2022

13.

Chpter provides an AI-powered conversational commerce platform that enables businesses to sell more on social platforms

Seed

$ 1,325,000

2022

14.

Elloe helps small businesses build strong customer relationships through the world's most popular messaging apps.

Pre-seed

$ 1,000,000

2021

15.

FinAccess is a Kenyan startup that provides banking software for microfinance organisations.

Seed

$ 695,000

2017

16.

Synnefa is an Agtech company making complex farming feel simple by providing climate-smart technologies to farmers in Africa

Grant

$ 690,000

2014

17.

Shamba Records is a Kenyan agtech company that digitizes the agriculture sector in Sub Saharan Africa.

Non-equity Assistance

$ 135,000

2017

18.

Solutech is a technological innovation company that empowers businesses through digital transformation.

Grant

Undisclosed

2014

19.

FLO by Saada is a no-code plug & play platform that powers SMEs to build conversational commerce solutions and process payments

Undisclosed

Undisclosed

2019

20.

FaidiHR is an all-in-one cloud platform that allows small and medium enterprises in Africa to automate their HR processes

Seed

Undisclosed

2018

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

Sama

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

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

Leta

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

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

Kwara

Founded

2018

Overview

Kwara is a Nairobi and Berlin based startup offering affordable digital banking

Last round

Seed

Total raised

$ 7,180,000

Employee

11-50

Bamba

Founded

2012

Overview

Bamba uses Mobile, SMS and IVR channels to enable Market Research Firms & Development Aid Organizations to gain insights from users.

Last round

Seed

Total raised

$ 4,650,000

Employee

11-50

mTek

Founded

2019

Overview

mTek is an InsurTech platform that provides paperless ecosystem for the insurance industry.

Last round

Seed

Total raised

$ 4,500,000

Employee

2-10

Duhqa

Founded

2020

Overview

Duhqa is a last mile end to end supply chain & distribution technology platform. Techstars Backed company

Last round

Seed

Total raised

$ 2,000,000

Employee

11-50

Founded

2020

Overview

AfyaRekod is a digital health data platform that allows health facilities to capture, store, have real-time access of the patients health data.

Last round

Seed

Total raised

$ 2,000,000

Employee

11-50

Zeraki

Founded

2014

Overview

Zeraki uses technology to address some of the obstacles learners encounter in accessing quality education.

Last round

Seed

Total raised

$ 1,840,000

Employee

2-10

tappi

Founded

2022

Overview

tappi is an end-to-end digital commerce SaaS solution tailored for Africa’s micro, small, and medium-sized businesses (MSMEs).

Last round

Pre-seed

Total raised

$ 1,680,000

Employee

11-50

Chpter

Founded

2022

Overview

Chpter provides an AI-powered conversational commerce platform that enables businesses to sell more on social platforms

Last round

Seed

Total raised

$ 1,325,000

Employee

11-50

Elloe

Founded

2021

Overview

Elloe helps small businesses build strong customer relationships through the world's most popular messaging apps.

Last round

Pre-seed

Total raised

$ 1,000,000

Employee

11-50

FinAccess

Founded

2017

Overview

FinAccess is a Kenyan startup that provides banking software for microfinance organisations.

Last round

Seed

Total raised

$ 695,000

Employee

2-10

Synnefa

Founded

2014

Overview

Synnefa is an Agtech company making complex farming feel simple by providing climate-smart technologies to farmers in Africa

Last round

Grant

Total raised

$ 690,000

Employee

11-50

Founded

2017

Overview

Shamba Records is a Kenyan agtech company that digitizes the agriculture sector in Sub Saharan Africa.

Last round

Non-equity Assistance

Total raised

$ 135,000

Employee

11-50

Solutech

Founded

2014

Overview

Solutech is a technological innovation company that empowers businesses through digital transformation.

Last round

Grant

Total raised

$ 0

Employee

11-50

Founded

2019

Overview

FLO by Saada is a no-code plug & play platform that powers SMEs to build conversational commerce solutions and process payments

Last round

Undisclosed

Total raised

$ 0

Employee

2-10

FaidiHR

Founded

2018

Overview

FaidiHR is an all-in-one cloud platform that allows small and medium enterprises in Africa to automate their HR processes

Last round

Seed

Total raised

$ 0

Employee

2-10

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