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

$189.3M+

Total # of Companies

48

Total Deal Count

93

Total M&A Count

3

Total # of Investors

233

List of SaaS startups in Africa

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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.

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.

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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.

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

2.

Raenest is a modern, multi-currency platform for Africans that makes managing money across borders easy.

Series A

$ 14,450,000

2022

3.

Appzone is a fintech that builds proprietary solutions for financial institutions, banking and payments services.

Series A

$ 10,000,000

2008

4.

Zuvy provides software for vendors and their buyers to settle invoices and manage payment schedules.

Debt Financing

$ 4,805,000

2021

5.

Star Kitchens is a cloud-based restaurant software built for African chefs and food business owners.

Seed

$ 4,500,000

2020

6.

Seamfix helps businesses and their customers globally to seamlessly create, verify and access trusted digital identities and services.

Venture

$ 4,500,000

2007

7.

Earnipay is a FinTech solution that provides flexible and on-demand salary access to income-earners.

Seed

$ 4,000,000

2021

8.

Bringing Nigerian cuisine to your doorstep with ease.

Seed

$ 3,000,000

2021

9.

With over $1.3 billion in transaction volume already, Juicyway is connecting Africa to the world and transforming global payments.

Pre-seed

$ 3,000,000

2021

10.

Kredete is a FinTech platform focused on enabling African immigrants to build credit scores and send money back home,

Seed

$ 2,815,000

2023

11.

Thepeer is a Nigerian FinTech startup that provides API infrastructure for businesses.

Seed

$ 2,320,000

2021

12.

eBanqo is an omnichannel customer engagement platform that helps businesses to automate customer support.

Seed

$ 1,850,000

2019

13.

Billboxx is a B2B SaaS developed to automate and simplify billing to payment workflow for businesses.

Pre-seed

$ 1,800,000

2023

14.

ETAP is a car insurance app that makes buying and claiming on car insurance easy

Pre-seed

$ 1,500,000

2021

15.

Klas is a platform that allows anyone to set up an online school and deliver live classes.

Pre-seed

$ 1,365,000

2021

16.

Simpu creates the simplest, most intuitive super app for running a business.

Pre-seed

$ 1,000,000

2019

17.

Jamborow is a B2B AI and Blockchain driven fintech platform focused on financial inclusion and grassroot empowerment.

Funding Round

$ 850,000

2018

18.

VENCO is an all-in-one community management solution for multi-unit residential and commercial communities.

Pre-seed

$ 670,000

2022

19.

At Voyance, we're helping companies use their data to solve their most urgent problems

Pre-seed

$ 520,000

2020

20.

Vesti is the finance app for those looking to work, school or live to make Migration related payments.

Pre-seed

$ 520,000

2020

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

Raenest

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

Appzone

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

Zuvy

Founded

2021

Overview

Zuvy provides software for vendors and their buyers to settle invoices and manage payment schedules.

Last round

Debt Financing

Total raised

$ 4,805,000

Employee

11-50

Founded

2020

Overview

Star Kitchens is a cloud-based restaurant software built for African chefs and food business owners.

Last round

Seed

Total raised

$ 4,500,000

Employee

2-10

Seamfix

Founded

2007

Overview

Seamfix helps businesses and their customers globally to seamlessly create, verify and access trusted digital identities and services.

Last round

Venture

Total raised

$ 4,500,000

Employee

51-200

Earnipay

Founded

2021

Overview

Earnipay is a FinTech solution that provides flexible and on-demand salary access to income-earners.

Last round

Seed

Total raised

$ 4,000,000

Employee

2-10

Chowdeck

Founded

2021

Overview

Bringing Nigerian cuisine to your doorstep with ease.

Last round

Seed

Total raised

$ 3,000,000

Employee

2-10

Juicyway

Founded

2021

Overview

With over $1.3 billion in transaction volume already, Juicyway is connecting Africa to the world and transforming global payments.

Last round

Pre-seed

Total raised

$ 3,000,000

Employee

11-50

Kredete

Founded

2023

Overview

Kredete is a FinTech platform focused on enabling African immigrants to build credit scores and send money back home,

Last round

Seed

Total raised

$ 2,815,000

Employee

11-50

Thepeer

Founded

2021

Overview

Thepeer is a Nigerian FinTech startup that provides API infrastructure for businesses.

Last round

Seed

Total raised

$ 2,320,000

Employee

2-10

eBanqo

Founded

2019

Overview

eBanqo is an omnichannel customer engagement platform that helps businesses to automate customer support.

Last round

Seed

Total raised

$ 1,850,000

Employee

11-50

Billboxx

Founded

2023

Overview

Billboxx is a B2B SaaS developed to automate and simplify billing to payment workflow for businesses.

Last round

Pre-seed

Total raised

$ 1,800,000

Employee

2-10

ETAP

Founded

2021

Overview

ETAP is a car insurance app that makes buying and claiming on car insurance easy

Last round

Pre-seed

Total raised

$ 1,500,000

Employee

11-50

Klas

Founded

2021

Overview

Klas is a platform that allows anyone to set up an online school and deliver live classes.

Last round

Pre-seed

Total raised

$ 1,365,000

Employee

2-10

Simpu

Founded

2019

Overview

Simpu creates the simplest, most intuitive super app for running a business.

Last round

Pre-seed

Total raised

$ 1,000,000

Employee

11-50

Jamborow

Founded

2018

Overview

Jamborow is a B2B AI and Blockchain driven fintech platform focused on financial inclusion and grassroot empowerment.

Last round

Funding Round

Total raised

$ 850,000

Employee

2-10

VENCO

Founded

2022

Overview

VENCO is an all-in-one community management solution for multi-unit residential and commercial communities.

Last round

Pre-seed

Total raised

$ 670,000

Employee

11-50

Voyance

Founded

2020

Overview

At Voyance, we're helping companies use their data to solve their most urgent problems

Last round

Pre-seed

Total raised

$ 520,000

Employee

11-50

Vesti

Founded

2020

Overview

Vesti is the finance app for those looking to work, school or live to make Migration related payments.

Last round

Pre-seed

Total raised

$ 520,000

Employee

11-50

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