SaaS in Kenya: funding deals and active investors
One of the best-documented segments on the platform. Latest rounds, investors who lead them, tickets and instruments — SaaS, Kenya.
7
deals recorded
1
over 12 months
3.3 M$
median disclosed ticket
23
identified investors
Key findings
- 7 funding deals recorded (SaaS, Kenya) since 2018, involving 7 companies and 23 identified investors. 1 of them over the last 12 months (3 the previous year).
- Median disclosed ticket: 3.3 M$; half of the deals fall between 1.5 M$ and 5.2 M$ (4 amounts disclosed out of 7, 13.6 M$ in total).
- Where the money goes: Martech and communications platforms (43 %), Enterprise software (SaaS) (43 %), Data and AI (14 %).
- Most frequent stage: Pre-Seed (29 %); most used instrument: Equity (86 %).
- Most active investors: Norrsken22 (3), Renew Capital (2), TLcom Capital (2).
- 57 % of deals are syndicated (at least two investors around the table).
Industries
- Martech and communications platforms3
- Enterprise software (SaaS)3
- Data and AI1
Stages
- Pre-Seed2
- Seed2
- Series A2
Instruments
- Equity6
Deals per year
| Year | Deals | Disclosed amounts |
|---|---|---|
| 2024 | 4 | 7.8 M$ |
| 2025 | 1 | — |
| 2026 | 1 | 5.8 M$ |
Most active investors
- Norrsken223 deals
- Renew Capital2 deals
- TLcom Capital2 deals
- Y Combinator2 deals
- 20VC1 deal
- Acadian Ventures1 deal
- Accion Venture Lab1 deal
- Axian CVC1 deal
- CRE Ventures1 deal
- EQ2 Ventures1 deal
- Flourish Ventures1 deal
- Musha Ventures1 deal
Latest deals
| Company | Date | Disclosed amounts | Lead |
|---|---|---|---|
| LuaEnterprise software (SaaS) · Kenya · Seed | Apr 2026 | 5.8 M$ | Norrsken22source |
| AgrailsData and AI · Kenya · Pre-Seed | Jan 2025 | undisclosed | TLcom Capitalsource |
| StimaEnterprise software (SaaS) · Kenya | Nov 2024 | undisclosed | Renew Capitalsource |
| ChpterMartech and communications platforms · Kenya · Pre-Seed | Sept 2024 | 1.2 M$ | Panisource |
| SukhibaMartech and communications platforms · Kenya · Seed | Aug 2024 | 1.6 M$ | EQ2 Venturessource |
| WorkpayEnterprise software (SaaS) · Kenya · Series A | Aug 2024 | 5 M$ | Norrsken22source |
| AjuaMartech and communications platforms · Kenya · Series A | Jan 2018 | undisclosed | TLcom Capitalsource |
See also
Method: published funding deals (press releases, specialised media), recorded by Invest Matching's news monitoring and reviewed before integration. Amounts in US dollars; deals without a disclosed amount count in the totals, not in the medians.