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Top 10 SaaS Startup Investors in Rwanda (August 2026)

The most active venture capital funds and angel investors investing in Rwanda SaaS startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Rwanda SaaS startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Battery Road Digital Holdings
VC Fund
1 Egypt, Singapore, India Seed, Series A E-Commerce, Transportation, Payments $200k–$10M
Leapfrog Ventures
VC Fund
1 United States, India, Rwanda Series A, Series B, Series C Software, Analytics, Security $2.1M–$75M
Imbuto Foundation
VC Fund
1 Rwanda Pre-Seed EdTech, Education
LuxDev
VC Fund
1 Rwanda, Albania Seed CRM, Finance, Software $125k–$1.2M
Luxembourg Export Credit Agency
VC Fund
1 Rwanda Seed Finance, Software, Financial Services
Cassava Technologies
VC Fund
1 Rwanda Seed Women's, Education, Non Profit
Zephyr Acorn
VC Fund
1 Kenya, Rwanda, India Seed, Series A, Pre-Seed Financial Services, Banking, FinTech $1M–$10M
DeveloPPP Ventures
VC Fund
1 Ghana, Rwanda Seed, Grant Finance, Medical, Software
Burrow Capital
VC Fund
1 Rwanda Seed Finance, Software, Financial Services
Development Bank of Rwanda
VC Fund
1 Rwanda Seed Finance, Software, Financial Services
Access all 36 investors in Rwanda SaaS startups.

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Investor list

Battery Road Digital Holdings
VC Fund · Mumbai, Maharashtra, India · 1 investments in Rwanda SaaS startups

Battery Road Digital Holdings is a venture capital and private equity firm that focuses on frontier and emerging markets.

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Investment focus

  • Industry: E-Commerce, Transportation, Payments
  • Stage:Seed, Series A
  • Geography: Egypt, Singapore, India

Investor stats

  • Total investments: 19
  • Round size: Seed $200k–$3M; Series A $4.4M–$10M
  • Lead/follow: 21% lead, 79% follow

Portfolio highlights

  • zypl.ai — We help financial institutions, government entities make more accurate decisions
  • AwanTunai — AwanTunai seek to reinforce Indonesian needs and productivity by providing digital loan for a better financial freedom and capability to micro-entrepreneurs
  • IMAN — IMAN is a full-stack halal finance solution for merchants, shoppers, and investors.
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Leapfrog Ventures
VC Fund · Menlo Park, California, United States · 1 investments in Rwanda SaaS startups

They believe that the most successful company in any industry gains a disproportionately higher return for its shareholders. their mission is to help their portfolio companies Leapfrog their competitors and achieve industry-leading levels of competitive and market performance as quickly as possible.They are all experienced operating executivesof technology companies as well as successful venture investors. They can recognize the patterns that signal opportunities or risks in a small, high growth company. They have the resources and relationships to help entrepreneurs create the key alliances that will allow them to achieve victory early and convincingly. Every entrepreneur wants an investor who can help build the business. What does this mean? Certainly it is about advice and experience. These are the intangibles. Then there are the tangibles - the introductions to key customers and strategic partners, the access to distribution channels, the assistance in attracting and recruiting key executives - these are the immediate advantages that help Leapfrog the competition. They have built an extensive network of relationships which can be called upon to accelerate the success of their portfolio companies. When you work with them, you work with all of them, not just a single partner. All the partners work closely with all their companies to ensure that all of their collective resources are being matched to the immediate needs of their portfolio companies.

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Investment focus

  • Industry: Software, Analytics, Security
  • Stage:Series A, Series B, Series C
  • Geography: United States, India, Rwanda

Investor stats

  • Total investments: 24
  • Round size: Series A $2.1M–$15M; Series B $7M–$20M; Series C $8M–$75M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • exuus ltd — Exuus is a finTech company that inspire resilience and enable communities to achieve their optimal satisfaction.
  • Zebit — Zebit grants a max of $2,500 in credit to consumers without hidden fees. Due to cash constraints or lack of credit access, consumers typically turn to high-cost off-line financing methods (payday loans, rent-to-own, in-store financing) with payments that can total over 3 times the purchase value. Zebit grants credit to shop thousands of productsto buy now and pay over time. By combining consumer income data with sophisticated risk analytics, and allowing members to shop name brand products in a closed marketplace, Zebit provides the benefits of internet commerce (product selection, lower prices, and mobile-shopping convenience) that disrupts a $25 billion high-cost, off-line installment financing industry.
  • HealthifyMe — HealthifyMe is an application that allows its users to achieve their fitness and weight loss goals from their computers and smartphones.The application enables its users to track their calories, nutrition, and fitness activities; track their weight and determine if they are healthy; set healthy goals and work toward meeting them; share theirdata with experts; and get expert advice and suggestions on their lifestyles.HealthifyMe was developed and launched by a team of doctors, nutritionists, and fitness trainers in 2012. It is based in Bangalore, India.
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Imbuto Foundation
VC Fund · Kicukiro, Kigali, Rwanda · 1 investments in Rwanda SaaS startups

Engaging, Educating and Empowering communities for Sustainable Change!

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Investment focus

  • Industry: EdTech, Education
  • Stage:Pre-Seed
  • Geography: Rwanda

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Rango Library — The Rango Library, which fights teen pregnancies by educating young people in the district about sexual and reproductive health, won this year's iAccelerator as the best start-up.
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LuxDev
VC Fund · Luxembourg, Luxembourg, Luxembourg · 1 investments in Rwanda SaaS startups

Luxembourg Development Cooperation Agency

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Investment focus

  • Industry: CRM, Finance, Software
  • Stage:Seed
  • Geography: Rwanda, Albania

Investor stats

  • Total investments: 2
  • Round size: Seed $125k–$1.2M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Kayko — Kayko is a tool for your small business tasks. Record sales and expenses, handle customer tabs and accept digital payments.
  • Data4X — Data4X powered by TMS LLC is the go-to market intelligence platform for Western Balkan countries providing in-depth Macroeconomic Overview, Industry & Sectorial Insights, tailored studies for the business landscape.Data4X stands as a leading and singular platform in Kosovo, curated from an in-depth understanding of the intrinsic needs fordata and market intelligence across businesses. We are dedicated to converting complex datasets into clear insights, empowering strategic decision-making.
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Luxembourg Export Credit Agency
VC Fund · 1 investments in Rwanda SaaS startups

ODL is a public institution established in 1961 and governed by the law of the 04th of December 2019, that offers two different tools to accompany companies in their international development:1. support through a partial contribution to international promotion costs; 2. insurance against the risks associated with international transactions andforeign investments.

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Investment focus

  • Industry: Finance, Software, Financial Services
  • Stage:Seed
  • Geography: Rwanda

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Kayko — Kayko is a tool for your small business tasks. Record sales and expenses, handle customer tabs and accept digital payments.
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Cassava Technologies
VC Fund · 1 investments in Rwanda SaaS startups

Cassava Technologies is an innovative technology company encompassing fiber networks, data centers, renewable energy, cloud & cybersecurity.

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Investment focus

  • Industry: Women's, Education, Non Profit
  • Stage:Seed
  • Geography: Rwanda

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • AI Skills and Compute Africa Foundation — AI Skills and Compute Africa Foundation is a nonprofit organization that focuses on advancing artificial intelligence capabilities across Africa. It provides GPU-based compute access to startups and researchers through structured grant programs that use AI tokens instead of cash funding. The foundation runs capacity-building programs aimed atdeveloping technical skills and expanding participation in AI, with dedicated allocations for women. It supports institutional researchers with sovereign compute, curated datasets, and assistance in transitioning AI projects toward real-world deployment. The organization also develops physical community spaces known as AISCA Houses and Studios that host collaboration, mentorship, and networking for local technical talent. Its work spans sovereign compute, curated data, capacity building, and community-building pillars to shift Africans from AI consumers to AI creators.
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Zephyr Acorn
VC Fund · Nairobi, Nairobi Area, Kenya · 1 investments in Rwanda SaaS startups

Zephyr Management is a global emerging markets investment manager, specializing in the creation and management of highly focused private equity and venture capital funds.

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Investment focus

  • Industry: Financial Services, Banking, FinTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Kenya, Rwanda, India

Investor stats

  • Total investments: 15
  • Round size: Seed $1M–$3M; Series A $2M–$10M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Arifu — Home About Us Impact Gender Dynamics of Using Mobile Technology Informed Consumers Improve Financial Service Utilization Digital training benefits farmers and agricultural institutions Resources Careers Contact Us X DEMO SCHEDULE A DEMO About Arifu https://vimeo.com/531804968Arifu is an education technology company established in 2015 in Kenya. We offer a content marketplace that brings together subject matter
  • Emata — Emata brings digital and affordable financial products to farmers in East Africa.
  • Power — Putting individuals on the path towards financial health
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DeveloPPP Ventures
VC Fund · Eschborn, Hessen, Germany · 1 investments in Rwanda SaaS startups

DeveloPPP Ventures provides financial services to young companies, whose business model improves living conditions in a developing country.

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Investment focus

  • Industry: Finance, Medical, Software
  • Stage:Seed, Grant
  • Geography: Ghana, Rwanda

Investor stats

  • Total investments: 3
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Kayko — Kayko is a tool for your small business tasks. Record sales and expenses, handle customer tabs and accept digital payments.
  • Dawa Mkononi — Dawa Mkononi (DM) is a registered company that mainly focuses on innovations to improve pharmaceutical supply chain. The app is run by DM Pharmacy located at Kariakoo in Dar es Salaam. The app currently serves for wholesale business only to pharmacies, ADDOs, and health facilities such as Hospitals and Clinics.
  • Revna Biosciences — Revna Biosciences is a company that focuses on precision medicine research and diagnostics. The company is involved in the field of biomedical research and clinical services, with a particular emphasis on advancing precision medicine in Africa. Revna Biosciences is also known for its work in the area of cancer research. The company offers a rangeof products and services related to medical research and applied life sciences. It has received approval from the Food and Drug Administration for its work, highlighting its commitment to adhering to regulatory standards and guidelines.
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Burrow Capital
VC Fund · 1 investments in Rwanda SaaS startups

Burrow Capital is a family office founded by Shaun & Mike Burrow. Investing in both public and private technology and SaaS (Software as a Service) companies.

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Investment focus

  • Industry: Finance, Software, Financial Services
  • Stage:Seed
  • Geography: Rwanda

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Kayko — Kayko is a tool for your small business tasks. Record sales and expenses, handle customer tabs and accept digital payments.
Show all investments...

Development Bank of Rwanda
VC Fund · Kigali, Butare, Rwanda · 1 investments in Rwanda SaaS startups

Development Bank of Rwanda is a trade & development industry that provides financial services to agriculture, education, housing & exports.

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Investment focus

  • Industry: Finance, Software, Financial Services
  • Stage:Seed
  • Geography: Rwanda

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Kayko — Kayko is a tool for your small business tasks. Record sales and expenses, handle customer tabs and accept digital payments.
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SaaS Investor funding in Rwanda at a glance

Stats across 49 deals from 36 investors.

36
investors
in Rwanda SaaS startups
49
deals
in Rwanda SaaS startups
$50k
median round
in Rwanda SaaS startups
44%
lead investors
lead at least one round
39%
Grant
most common funding stage
97/3
VC / Angel
share of investor count

Access all 36 investors in Rwanda SaaS startups.

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