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List of the largest SaaS companies in Cairo, Egypt

Top SaaS Companies in Cairo

These are the top SaaS companies in Cairo, Egypt. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Cairo by featuring these 14 companies with combined revenues of $73.7M.

Together, Cairo SaaS companies employ over 1K employees, have raised $7M capital, and serve over 788K customers around the world.

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Highlights

Top SaaS Companies with $5 - $10M ARR


Top SaaS Companies with $10M+ ARR


01
$38M
-
750K
884
1994
Egypt
02
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
03
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
04
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
05
ONMEGM
ON Market E-Grocery Marketplace

E Commerce Software

E-grocery marketplace allows customers to order from their favorite retailers while empowering retailers to build & sustain online commerce

$2M
$215K
-
17
2020
Egypt
06
p
paynas

Financial Services Software

Developer of a payroll enrollment platform designed to provide banking services and benefits to small-sized companies and their employees. The company's platform provides multiple HR features such as employee and payroll management, recruitment management, task management, attendance management with a time logging track system, enabling clients to provide its employees with bank accounts with Visa powered debt and credit card.

$1M
$730K
-
20
2018
Egypt
07
M
Mokalmat

Software As A Service Platform(Saas)

$721K
-
-
13
2009
Egypt
08
FK
FlapKap

E Commerce Software

FlapKap is a company revolutionizing e-commerce and SaaS growth in the MEA region.

$588K
$1M
-
6
2021
Egypt
09
CAID
Cloud AI-D

Architecture Software

SaaS, Architectural design, website

$491K
-
-
9
2020
Egypt
10
D
Dawarha

Artificial Intelligence Software

Dawarha creates the first fully automated ai-based reverse vending machine in MENA region | Egypt's first ai-based vending machine.

$490K
$2M
-
5
2018
Egypt
1 - 10 of 13Next

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.