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SaaS Sector in Ethiopia

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About SaaS sector in Ethiopia

The SaaS sector in Ethiopia comprises 52 companies, including 5 funded companies having collectively raised $125K in venture capital money and private equity.
This sector includes companies providing cloud-based, multi-tenant and subscription or on-demand B2B software applications.

Companies included in SaaS

All B2B software that offers cloud-based, multi-tenant solutions for business functions like Marketing, HR, Sales, Business Intelligence, etc.

Companies excluded in SaaS

1. All On-premise B2B software are excluded. 2. All companies that do not offer their own proprietary software are excluded. 3. Services and Consulting firms are also excluded. 4. Resellers are also excluded.
Key Metrics
Total Companies
Total Funding
Funded Companies

Top SaaS Companies in Ethiopia

There are more than 52 companies in SaaS in Ethiopia. Orbit Health is the top SaaS company in Ethiopia, ranked using Tracxn Score (what's this?).
Here are 5 of the top SaaS companies in Ethiopia:
Company
Description
Location
Founded
Current Stage
Private Funding Raised
Cloud-based healthcare practice management and administration solutions
Addis Ababa (Ethiopia)
2016
Seed
-
Provider of software solutions for e-commerce businesses
Addis Ababa (Ethiopia)
2020
Unfunded
-
Offers a web-based marketplace connecting shippers and transporters
Addis Ababa (Ethiopia)
2020
Funding Raised
-
Provider of web-based marketplace connecting shippers & carriers
Addis Ababa (Ethiopia)
2019
Seed
-
Cloud-based ERP software and process management solutions for businesses
Addis Ababa (Ethiopia)
2024
Unfunded
-
Get a longer list of companies

Companies founded year-on-year in the SaaS sector in Ethiopia

9 SaaS startups in Ethiopia were founded in 2024 - this is the most number of startups founded in any year in the last 10 years.

Companies founded year-on-year in the SaaS sector in Ethiopia2026202520242023202220212020201920182017Founded Year0246810Count of Number of Companies
  • Total Number of Companies
Year
No. of companies
2026
-
2025
3
2024
9
2023
5
2022
5
2021
7
2020
7
2019
2
2018
3
2017
1
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Top Investors in SaaS in Ethiopia

Renew Capital is the top investor in SaaS companies in Ethiopia based on number of companies invested.
Here are some top investors in SaaS companies in Ethiopia:
Investor
Location
Top Portfolio Companies
Addis Ababa (Ethiopia)
-
Frankfurt Am Main (Germany)
-
New York City (United States)
-
Addis Ababa (Ethiopia)
Addis Ababa (Ethiopia)
See a more detailed list of investors

FAQs about SaaS sector in Ethiopia

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