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List of the largest SaaS companies in Egypt

Top SaaS Companies in Egypt

These are the top SaaS companies in Egypt. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Egypt by featuring these 36 companies with combined revenues of $136.9M.

Together, Egypt SaaS companies employ over 2K employees, have raised $51.6M capital, and serve over 802K customers around the world.

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Highlights

Top SaaS Companies with $5 - $10M ARR


01
$38M
-
750K
884
1994
Egypt
02
HR
HackerRank

Development Software

Programmer IQ

$20M
$43M
2K
200
2011
Egypt
03
A
Avelabs

Innovation Intelligence Software

Provider of embedded services designed to provide a constant medium between customers and innovation. The company's services offer software analysis tool, enabling automotive engineers to debug and update software by providing insight information about its behavior even without the hardware availability.

$19M
-
-
228
2012
Egypt
04
T
Trella

B2B Marketplace Platforms

Trella is a platform that connects shippers to carriers. Trella offers services and technology to em...

$17M
$750K
350
178
2019
Egypt
05
DP
Digital Planets

Security Software

Is an IT solutions and internet service agency Based in Cairo established in 2018 to be a partner for the most important providers in the Egyptian market like WE, Telecom Egypt, Sophos, Microsoft, kaspersky and 3CX

$10M
-
287
25
2018
Egypt
06
EC
ExpandCart

E-Commerce Software

Developer of a website creation platform designed to create an affordable site for displaying the features of a company online. The company's platform offers an interface to create blog, website or online stores by adding media and documents like pictures as well as videos so that entrepreneurs can showcase their work, enabling clients to promote their works to potential buyers, share their story with like-minded people and be an authority on personal and professional interests.

$9M
$3M
20K
162
2013
Egypt
07
SAPI
Scraper API

Development Software

Easily build scalable web scrapers

$3M
-
10K
7
2018
Egypt
08
G
Gameball

Computer Software

Operator of a SaaS platform intended to provide instant gamification, rewards and engagement analytics. The company's tool helps to boost digital users' engagement, along with gamer-like user profiling, interactive notifications and rewards management, allowing businesses to create an engaging experience that motivates users.

$3M
-
1K
31
2018
Egypt
09
C
Compareha

E-Commerce Software

Developer of an online marketplace for financial products intended to enhance the lead acquisition process for financial providers and assisting customers to choose the most suitable financial product in the market. The company's platform offers a comprehensive library of products, enabling the users to compare and apply and also know instantly whether they are eligible for any chosen product through a smart decision engine.

$2M
$25K
-
25
2019
Egypt
10
VASIS
VAS Integrated Solutions

It Infrastructure Software

Provider of technology infrastructure services providing storage integration, cloud enablement and virtualization services. The company's technology services offers consulting services, assessment, architecting, systems procurement and supply, implementation and integration of technology services, project management through the support and maintenance. The company is key distributor for EMC, a global specialist company in virtualisation and big data with VAS Integrated service cloud-based integration and space virtualization services for B2B enablement, simplification and innovation.

$2M
-
-
38
1999
Egypt
1 - 10 of 36Next

What are the fastest growing companies doing?


83 of the fastest growing companies that also have the most revenue have a clear expansion revenue strategy. On average, sales reps are selling plans where starting contract value is $4,606.

Those same companies employ 1,678 sales reps that carry a quota. The most common compensation plan used by these companies is a 1:5 ratio of sales rep on target earnings (OTE) to quota. Meaning if a rep can earn $200k in base and commissions, quota target for that year is set at 5x, or $1m in new ARR closed.

If you’re going to build a high growth SaaS company, you need to figure out how to scale with quota carrying sales reps.

Which CEO’s are the most efficient capital allocators?


We can measure this a variety of ways. Which company has the most revenue per employee? What about dollars in revenue compared to dollars raised? What about time, which founder went from $0 to $10m the fastest?

Looking deeper at dollars in revenue compared to dollars raised, bootstrappers take the cake because they self fund (denominator zero). When we look at companies that have raised at least $1m, Actito is the clear winner generating $21m in revenue, growing 100% yoy, on just 1m raised ($.05 dollars raised for every $1 of revenue).

Omnisend comes in a close second with $.08 dollars raised for every dollar of revenue. Doing $19m as of December 2020. Proposify gets honorable mention with $0.46 dollars raised (3.25m) for every dollar of revenue ($7m).

The worst performers here are companies like YayPay with $3.68 dollars raised ($14m) per dollar of revenue ($3.8m). Many of the worst performers just did a round of funding and haven’t had a chance to deploy to drive growth yet. That makes this data less valuable but still illustrative.