Top 10 SaaS VC Funds & Investors in Rwanda (July 2026)
For AI agents: Short investor table (Markdown), Detailed investor list (Markdown)
| Investor | Relevant Deals | Geography | Stage | Focus | Round Size |
|---|---|---|---|---|---|
|
Imbuto Foundation
VC Fund
|
1 | Rwanda | Pre-Seed | EdTech, Education | |
|
Burrow Capital
VC Fund
|
1 | Rwanda | Seed | Finance, Software, Financial Services | |
|
Development Bank of Rwanda
VC Fund
|
1 | Rwanda | Seed | Finance, Software, Financial Services | |
|
DeveloPPP Ventures
VC Fund
|
1 | Ghana, Rwanda | Seed, Grant | Finance, Medical, Software | |
|
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 | |
|
Battery Road Digital Holdings
VC Fund
|
1 | Egypt, Singapore, India | Seed, Series A | E-Commerce, Transportation, Payments | $200k–$10M |
|
Zephyr Acorn
VC Fund
|
1 | Kenya, India, Rwanda | Seed, Series A, Pre-Seed | Financial Services, Banking, FinTech | $1M–$10M |
|
Leapfrog Ventures
VC Fund
|
1 | United States, United Kingdom | Series A, Series B, Series C | Software, Analytics, Security | $2.1M–$32M |
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Imbuto Foundation Mission is to support the development of a healthy, educated and prosperous society.
Show more...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.
Burrow Capital is an investment firm.
Show more...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.
Development Bank of Rwanda is a trade & development industry that provides financial services to agriculture, education, housing & exports.
Show more...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.
DeveloPPP Ventures provides financial services to young companies, whose business model improves living conditions in a developing country.
Show more...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.
LuxDev is a governent organization that offers infrastucture, social services, development, and communit aid.
Show more...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.
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.
Show more...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.
Cassava Technologies is an innovative technology company encompassing fiber networks, data centers, renewable energy, cloud & cybersecurity.
Show more...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.
Battery Road Digital Holdings is a venture capital and private equity firm that focuses on frontier and emerging markets.
Show more...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 — One-stop shop for Halal investing
Zephyr Management is a global emerging markets investment manager, specializing in the creation and management of highly focused private equity and venture capital funds.
Show more...Investment focus
- Industry: Financial Services, Banking, FinTech
- Stage:Seed, Series A, Pre-Seed
- Geography: Kenya, India, Rwanda
Investor stats
- Total investments: 11
- 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
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.
Show more...Investment focus
- Industry: Software, Analytics, Security
- Stage:Series A, Series B, Series C
- Geography: United States, United Kingdom
Investor stats
- Total investments: 23
- Round size: Series A $2.1M–$15M; Series B $7M–$20M; Series C $8M–$32M
- Lead/follow: 13% lead, 87% follow
Portfolio highlights
- exuus ltd — Exuus is a finTech company that inspire resilience and enable communities to achieve their optimal satisfaction.
- C9 Inc. — C9 delivers predictive sales and marketing applications that increase revenue, generate more precise forecasts and mitigate pipeline risk. By combining data science with products that improve sales and marketing execution, C9 enables leading companies like Yahoo!, Pitney Bowes and Google to drive predictable growth. C9 is located in San Mateoand is backed by the Mayfield Fund, InterWest Partners and Leapfrog Ventures.
- 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.
SaaS VC funding in Rwanda at a glance
Stats across 27 deals from 31 investors.
Access all 31 VC funds in Rwanda SaaS startups.
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