5 SaaS Startups in United Arab Emirates

January 24, 2023

SaaS startups have become the darling of Venture Capital investors, especially in United Arab Emirates. Over the past decade, software has proverbially “eaten the world” and SaaS companies have scaled to become unicorn corporations in staggering amounts of time.

In this article, we are examining 5 VC funded SaaS startups in United Arab Emirates .

Channels Inc.

SaaS business with a focus on the events sector wants to transform communication channels.

Company details:
Founders:
Elan Rosen, Ibrahim Mohammed, Siddharth Kaul
Founded:
2019
Based in:
Dubai, Dubai, United Arab Emirates
Industries:
Event Management, Internet, Natural Language Processing, SaaS, Software
Latest funding:
$520,000
Seed
30 June 2021
Total funding:
$571,780
Investors
Dubai X-Series, Sahra Growth Capital, Abu Dhabi Exploratory

GrubTech

GrubTech is a complete SaaS platform that enables the transition of restaurants and cloud kitchens into digital enterprises. Its operating system is the "Shopify" of the foodservice sector since it is adaptable and expandable. We provide an omnichannel POS that can handle orders from direct internet channels, dine-in, and takeout in addition to orders from all the well-known food aggregators. Our platform also uses AI to deliver unmatched insights into demand forecasting, optimizing smart appliances, dynamic order routing, customer profiling, and inventory management. We also provide online payment options, digital storefronts optimized for mobile devices, and social commerce connections to help our businesses successfully fulfill online demand. We welcome the developer community to develop cutting-edge solutions to assist our merchants in achieving online success using our open APIs and app store.

Company details:
Founders:
Mohamed Al Fayed, Mohamed Hamedi, Omar Rifai
Founded:
2019
Based in:
Dubai, Dubai, United Arab Emirates
Website:
GrubTech
Industries:
SaaS, Software
Latest funding:
$13,000,000
Series A
6 December 2021
Total funding:
$18,400,000
Investors
Oryx Fund, Addition, B&Y Venture Partners

MyBenefits Technolgoies

MyBenefits provides businesses with a flexible and scalable way to standardize wellness programs, flexible benefits, and employee discounts across all markets. Through an intuitive admin interface, HR teams and managers may control access, assign awards, track use, and alter the material that is presented. MyBenefits may activate hundreds of employee discounts in any market, anywhere, with a single request. Due to the fact that they are employed by a company, employees get access to an app based on their work ID and are qualified to take advantage of exclusive discounts, offers, and events.

Company details:
Founders:
Karl McGowan, Sherif Zaki
Founded:
2019
Based in:
Dubai, Dubai, United Arab Emirates
Industries:
Human Resources, Mobile Apps, SaaS, Software, Wellness
Latest funding:
$780,000
Seed
10 May 2021
Total funding:
$780,000
Investors
Musaab Hakami, Edge Global Holding, Turki AlJeaid

Unifonic

Unifonic is a leading cloud-based customer communication and engagement solutions (CPaaS) provider in the MENA region that empowers organizations to engage seamlessly with their customers. Since it was founded in 2006, Unifonic has consistently developed its product line and its markets to provide an affordable enterprise-grade multilingual, seamless omnichannel communications platform throughout the Middle East.

Company details:
Founders:
Ahmed Hamdan, Hassan Hamdan
Founded:
2006
Based in:
Dubai, Dubai, United Arab Emirates
Website:
Unifonic
Industries:
Cloud Computing, Information Technology, Messaging, PaaS, SaaS, SMS
Latest funding:
$125,000,000
Series B
15 September 2021
Total funding:
$146,000,000
Investors
SoftBank Vision Fund, Sanabil, Elm, Endeavor Catalyst, Bossanova Investimentos

zip24

Zip24 is a "Software-as-a-Service" (SaaS) firm that offers on-demand software that optimizes operations management features for e-commerce companies. Zip24 forecasts orders, enables logistic transactions, retail, warehousing, order shipping, and fulfilment; and offers end-to-end delivery tracking via a cloud-based warehouse, delivery management, and enterprise resource planning (ERP) solutions bundle. Our warehouse management system (WMS) provides direction for receiving and storing goods, optimizes order selection and delivery, and provides recommendations for stock replenishment. Complete integration with well-known shops, payment gateways, carriers, and other third-party (3P) systems is made possible by this service-oriented design. The business models of retailers, third-party logistics (3PL) providers, and online marketplaces are supported by WMS. WMS is available as a pay-per-use subscription. From collection to delivery, our Delivery Management System (DMS) provides solutions. DMS offers driver applications with premium white-label features, dispatch and support modules, processing for cash on delivery (COD), and real-time tracking of all delivery employees and vehicles with a variety of geo-locating connections. Easy order-drop features, such as batch/csv from e-commerce websites, grocery stores, pharmacies, restaurants, and more, are offered by plugins, such as Magento and Shopify. Customers from all across the world use zip24. Our company, based in Dubai, United Arab Emirates, with development and service centers in Tashkent, Uzbekistan, and now Karachi, Pakistan, was founded by former Amazon employees and SaaS entrepreneurs in the Middle East and Central Asia areas.

Company details:
Founders:
Asif Keshodia, Muzaffar Karabaev
Founded:
2020
Based in:
Dubai, Dubai, United Arab Emirates
Website:
zip24
Industries:
E-Commerce, Retail, SaaS, Software
Latest funding:
$1,200,000
Seed
28 June 2021
Total funding:
$1,200,000
Investors
Sturgeon Capital, Hayaat Group, Teqvisory, Robert Kay

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