Top startups in Ethiopia for 2024

In Ethiopia, we rank 66 startups based on an algorithm that considers factors such as total investment, quarterly employee count, and website traffic. Startups in Ethiopia are falling behind the performance of their global counterparts.

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Best Startups in Ethiopia for 2024

SB Score:408

Gebeya offers tailored training in software engineering, design, and digital skills, empowering Africans to reach their full potential. Join us in unlocking opportunities for growth and success in the tech industry.

Industry:
Edtech
Subindustry:
Edtech

City Rank (Addis Ababa)

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Regional Rank (Eastern Africa)

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Global Rank (WorldWide)

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SB Score:400

ArifPay is a versatile mPOS system for merchants, banks, and consumers in Ethiopia. Easily transfer money, create invoices, and pay taxes with this electronic payment platform. Simplify your financial transactions with ArifPay.

Industry:
Fintech
Subindustry:
Payments

City Rank (Addis Ababa)

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Regional Rank (Eastern Africa)

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SB Score:384

EthioChicken is a leading poultry producer in East Africa, specializing in high-quality chicken products. Their innovative approach ensures sustainable farming practices and top-notch customer satisfaction. Join EthioChicken in their mission to provide fresh, delicious poultry to the region.

Industry:
Foodtech
Subindustry:
Agtech

City Rank (Addis Ababa)

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Regional Rank (Eastern Africa)

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SB Score:343

A dynamic beverage startup is set to launch innovative brands in the East African market. Stay tuned for refreshing and exciting products coming your way soon!

Industry:
Foodtech
Subindustry:
Food and Beverage

City Rank (Addis Ababa)

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Regional Rank (Eastern Africa)

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ICL is dedicated to improving the quality of life in Ethiopia by providing a comprehensive healthcare system that adapts to the evolving needs of the population. Through a combination of human and physical resources, ICL aims to maintain and enhance the overall well-being of the community it serves.

Industry:
Healthtech
Subindustry:
Medtech

City Rank (Addis Ababa)

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Regional Rank (Eastern Africa)

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SB Score:321

Deliver Addis is the top online delivery service in Ethiopia, offering a wide selection of the best local spots. Get your favorite meals and products delivered straight to your door hassle-free.

Industry:
Transportation
Subindustry:
Logistics

City Rank (Addis Ababa)

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Regional Rank (Eastern Africa)

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SB Score:318

Sustainable City Infrastructure is creating waste-to-energy projects in developing nations. Their innovative approach aims to transform waste into clean energy, promoting sustainability and reducing environmental impact.

Industry:
Energy & Environment
Subindustry:
Energy

City Rank (Addis Ababa)

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Regional Rank (Eastern Africa)

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SB Score:314

EthSwitch offers cost-effective, secure, and user-friendly e-payment infrastructure solutions. Enhance your payment process with our streamlined services.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (Addis Ababa)

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Regional Rank (Eastern Africa)

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Global Rank (WorldWide)

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SB Score:304

Chapa is a cutting-edge financial and data engineering technology company based in Ethiopia, offering global services. Specializing in innovative financial solutions, Chapa is dedicated to revolutionizing the industry through advanced technology and data-driven strategies.

Industry:
Fintech
Subindustry:
Fintech-Other

City Rank (Addis Ababa)

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Regional Rank (Eastern Africa)

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10th

ebirr
SB Score:294

Ebirr offers mobile money solutions with added value. Streamline your financial transactions and experience the convenience of our services on the go.

Industry:
Fintech
Subindustry:
Payments

City Rank (Addis Ababa)

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Regional Rank (Eastern Africa)

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SB Score:292

Orbit Health provides innovative solutions for delivering efficient, high-quality healthcare services. Our systems ensure timely care for those in need, enhancing overall patient experience.

Industry:
Healthtech
Subindustry:
Health Care

City Rank (Addis Ababa)

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Regional Rank (Eastern Africa)

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Global Rank (WorldWide)

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Total amount:66

Most Funded Startups in Ethiopia for 2024

The top three most funded startups in Ethiopia have raised total funding of more than USD 45.6M. Among the top three funded startups, the most popular industry, based on total funding, is Foodtech.

SB Score:343

A dynamic beverage startup is set to launch innovative brands in the East African market. Stay tuned for refreshing and exciting products coming your way soon!

Industry:
Foodtech
Subindustry:
Food and Beverage

City Rank (Addis Ababa)

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Regional Rank (Eastern Africa)

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Global Rank (WorldWide)

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SB Score:292

Orbit Health provides innovative solutions for delivering efficient, high-quality healthcare services. Our systems ensure timely care for those in need, enhancing overall patient experience.

Industry:
Healthtech
Subindustry:
Health Care

City Rank (Addis Ababa)

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Regional Rank (Eastern Africa)

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Global Rank (WorldWide)

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SB Score:384

EthioChicken is a leading poultry producer in East Africa, specializing in high-quality chicken products. Their innovative approach ensures sustainable farming practices and top-notch customer satisfaction. Join EthioChicken in their mission to provide fresh, delicious poultry to the region.

Industry:
Foodtech
Subindustry:
Agtech

City Rank (Addis Ababa)

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Regional Rank (Eastern Africa)

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Global Rank (WorldWide)

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Total amount:66

Top Hiring Startups in Ethiopia by Employee Number

The top three hiring startups in Ethiopia have an average employee size that is larger than to the global average. Among these, the Fintech industry features the startup with the largest workforce.

SB Score:294

Ebirr offers mobile money solutions with added value. Streamline your financial transactions and experience the convenience of our services on the go.

Industry:
Fintech
Subindustry:
Payments

City Rank (Addis Ababa)

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Regional Rank (Eastern Africa)

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Global Rank (WorldWide)

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SB Score:384

EthioChicken is a leading poultry producer in East Africa, specializing in high-quality chicken products. Their innovative approach ensures sustainable farming practices and top-notch customer satisfaction. Join EthioChicken in their mission to provide fresh, delicious poultry to the region.

Industry:
Foodtech
Subindustry:
Agtech

City Rank (Addis Ababa)

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Regional Rank (Eastern Africa)

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Global Rank (WorldWide)

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SB Score:170

Kifiya Financial Technology PLC is a digital finance and payment services provider that uses cutting-edge technology to make financial and non-financial services more affordable and accessible through innovative distribution channels.

Industry:
Fintech
Subindustry:
Financial Technology

City Rank (Addis Ababa)

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Regional Rank (Eastern Africa)

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Global Rank (WorldWide)

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ICL is dedicated to improving the quality of life in Ethiopia by providing a comprehensive healthcare system that adapts to the evolving needs of the population. Through a combination of human and physical resources, ICL aims to maintain and enhance the overall well-being of the community it serves.

Industry:
Healthtech
Subindustry:
Medtech

City Rank (Addis Ababa)

0

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Regional Rank (Eastern Africa)

0

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Global Rank (WorldWide)

0

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Total amount:66

Explore the Startup Ecosystem of Ethiopia

Population

(Ethiopia)

126.5 Million

Regional Rank

(Eastern Africa)

6th

0

Global Rank

(WorldWide)

111th

8

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Best Software & Data Startups in Ethiopia for 2024

Ethiopia startups in the Software & Data industry are underperforming their global industry peers. The top three Software & Data startups in Ethiopia have raised more than USD 400K, an amount that is lower than the global industry average.

SB Score:262

iCog Labs is a team of innovative software professionals in Addis Ababa, Ethiopia, focused on pushing the boundaries of artificial intelligence research and applications. They strive to deliver top-notch products to their customers, driving the future of AI technology.

Industry:
Software & Data
Subindustry:
Artificial Intelligence

City Rank (Addis Ababa)

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Regional Rank (Eastern Africa)

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SB Score:179

EPhone is a dialer and SMS application. They offer features like managing user SMS and calls, saving money, and smart notifications. They instantly updated the package list.

Industry:
Software & Data
Subindustry:
Software

City Rank (Addis Ababa)

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Regional Rank (Eastern Africa)

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Global Rank (WorldWide)

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SB Score:171

YEGARA (የጋራ) WEB HOST From a small business owner to an individual looking for a fully loaded website hosting plan affordable and on a budget, Yegara (የጋራ) provides you with everything you need for your website from Ethiopia.

Industry:
Software & Data
Subindustry:
Enterprise Technology

City Rank (Addis Ababa)

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Regional Rank (Eastern Africa)

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Global Rank (WorldWide)

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Total amount:19

SB Score:400

ArifPay is a versatile mPOS system for merchants, banks, and consumers in Ethiopia. Easily transfer money, create invoices, and pay taxes with this electronic payment platform. Simplify your financial transactions with ArifPay.

Industry:
Fintech
Subindustry:
Payments

City Rank (Addis Ababa)

0

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Regional Rank (Eastern Africa)

0

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Global Rank (WorldWide)

0

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SB Score:314

EthSwitch offers cost-effective, secure, and user-friendly e-payment infrastructure solutions. Enhance your payment process with our streamlined services.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (Addis Ababa)

0

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Regional Rank (Eastern Africa)

0

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Global Rank (WorldWide)

0

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SB Score:304

Chapa is a cutting-edge financial and data engineering technology company based in Ethiopia, offering global services. Specializing in innovative financial solutions, Chapa is dedicated to revolutionizing the industry through advanced technology and data-driven strategies.

Industry:
Fintech
Subindustry:
Fintech-Other

City Rank (Addis Ababa)

0

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Regional Rank (Eastern Africa)

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Global Rank (WorldWide)

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Total amount:11

SB Score:229

Shemach operates as a B2B marketplace for small retailers.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce & Retail-Other

City Rank (Addis Ababa)

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Regional Rank (Eastern Africa)

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Global Rank (WorldWide)

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SB Score:141

Addisber.com offers a diverse selection of products for online shoppers, providing a range of opportunities for both current and prospective customers.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce

City Rank (Addis Ababa)

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Regional Rank (Eastern Africa)

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Global Rank (WorldWide)

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EthioSuQ was founded in 2019 with the website called EthioSuQ.com, a business-to-consumer portal with an aim to connect sellers with buyers.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce

City Rank (Addis Ababa)

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Regional Rank (Eastern Africa)

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Global Rank (WorldWide)

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Total amount:8

Top Cities for Startups in Ethiopia - Ranked by StartupBlink

StartupBlink ranks the startup ecosystems of more than 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
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