Top startups in Rwanda for 2024

In Rwanda, we rank 45 startups based on an algorithm that considers factors such as total investment, quarterly employee count, and website traffic. Startups in Rwanda are falling behind the performance of their global counterparts.

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Best Startups in Rwanda for 2024

SB Score:431

Ampersand powers the e-mobility needs of motorbike taxis worldwide, providing energy solutions for millions of riders.

Industry:
Transportation
Subindustry:
Automotive

City Rank (Kigali)

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Regional Rank (Eastern Africa)

0

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Global Rank (WorldWide)

0

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SB Score:384

SMART Africa is a bold and innovative commitment from African Heads of State and Government to accelerate sustainable socio-economic development on the continent, ushering Africa into a knowledge economy through affordable access to Broadband and usage of Information and Communications Technologies.

Industry:
Social & Leisure
Subindustry:
Communities

City Rank (Kigali)

0

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Regional Rank (Eastern Africa)

0

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Global Rank (WorldWide)

0

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SB Score:292

Eden Care is a tech-enabled insurance company built to ease access to quality and affordable healthcare by providing digital health insurance solutions to healthcare providers, companies, and employees. Eden Care is a Certified Health Maintenance Organization (HMO) by the National Bank of Rwanda.

Industry:
Healthtech
Subindustry:
Health Care

City Rank (Kigali)

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Regional Rank (Eastern Africa)

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Global Rank (WorldWide)

0

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SB Score:283

ProDev Group Holdings operates businesses along grain & maize supply chain through Minimex Ltd. and ProDev Rwanda.

Industry:
Foodtech
Subindustry:
Agtech

City Rank (Kigali)

0

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Regional Rank (Eastern Africa)

0

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Global Rank (WorldWide)

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SB Score:271

Hence empowers organizations to maximize the value of their relationships with external providers like consultants and lawyers. Streamlining communication and enhancing collaboration, Hence helps companies make the most out of their partnerships.

Industry:
Software & Data
Subindustry:
Artificial Intelligence

City Rank (Kigali)

0

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Regional Rank (Eastern Africa)

0

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Global Rank (WorldWide)

0

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SB Score:254

HeptaPay is a bill payment application serving East African Region.

Industry:
Fintech
Subindustry:
Payments

City Rank (Kigali)

0

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Regional Rank (Eastern Africa)

0

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Global Rank (WorldWide)

0

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SB Score:249

Water Access Rwanda is a social company that provides access to clean water through its wide range of services for the people of Rwanda.

Industry:
Energy & Environment
Subindustry:
Energy & Environment-Other

City Rank (Kigali)

0

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Regional Rank (Eastern Africa)

0

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Global Rank (WorldWide)

0

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SB Score:243

Kapsule works with stakeholders in the healthcare ecosystem to capture data that does not exist anywhere else and to return critical insights from existing data. Kapsule has built products that digitalize processes, allowing for significantly more data points to be captured than legacy pen & paper.

Industry:
Healthtech
Subindustry:
Health-Other

City Rank (Kigali)

0

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Regional Rank (Eastern Africa)

0

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Global Rank (WorldWide)

0

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SB Score:200

BeneFactors Ltd. is a Rwandan factoring company, providing tailored working capital solutions to firms. Factoring is a financial service, where future payments from your buyers are sold to a third party, the factor for cash. We can work with pending invoices or purchase orders for delivery. This means that you can continue working even if your buyers take a long time to pay or take on more clients at the same time - allowing you peace of mind as you grow your business.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (Kigali)

0

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Regional Rank (Eastern Africa)

0

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Global Rank (WorldWide)

0

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SB Score:183

Toto Safi is involved in the production of cloth diapers for babies that are intended to be sustainable and reusable. They allow consumers to directly buy goods from the seller over the internet using a web browser or a mobile app.

Industry:
Social & Leisure
Subindustry:
Social & Leisure-Other

City Rank (Kigali)

0

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Regional Rank (Eastern Africa)

0

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Global Rank (WorldWide)

0

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11th

Kayko
SB Score:177

Kayko provides a simple bookkeeping app for small businesses, merchants, and entrepreneurs allowing them to digitize, monitor and grow the finances of their business

Industry:
Fintech
Subindustry:
Financial Services

City Rank (Kigali)

0

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Regional Rank (Eastern Africa)

0

View

Global Rank (WorldWide)

0

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Total amount:45

Most Funded Startups in Rwanda for 2024

The top three most funded startups in Rwanda have raised total funding of more than USD 23.2M. Among the top three funded startups, the most popular industry, based on total funding, is Transportation.

SB Score:431

Ampersand powers the e-mobility needs of motorbike taxis worldwide, providing energy solutions for millions of riders.

Industry:
Transportation
Subindustry:
Automotive

City Rank (Kigali)

0

View

Regional Rank (Eastern Africa)

0

View

Global Rank (WorldWide)

0

Browse
SB Score:283

ProDev Group Holdings operates businesses along grain & maize supply chain through Minimex Ltd. and ProDev Rwanda.

Industry:
Foodtech
Subindustry:
Agtech

City Rank (Kigali)

0

View

Regional Rank (Eastern Africa)

0

View

Global Rank (WorldWide)

0

Browse
SB Score:271

Hence empowers organizations to maximize the value of their relationships with external providers like consultants and lawyers. Streamlining communication and enhancing collaboration, Hence helps companies make the most out of their partnerships.

Industry:
Software & Data
Subindustry:
Artificial Intelligence

City Rank (Kigali)

0

View

Regional Rank (Eastern Africa)

0

View

Global Rank (WorldWide)

0

Browse

Total amount:45

Top Hiring Startups in Rwanda by Employee Number

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

SB Score:431

Ampersand powers the e-mobility needs of motorbike taxis worldwide, providing energy solutions for millions of riders.

Industry:
Transportation
Subindustry:
Automotive

City Rank (Kigali)

0

View

Regional Rank (Eastern Africa)

0

View

Global Rank (WorldWide)

0

Browse
SB Score:102

Babyl aims to make healthcare accessible and affordable for everyone worldwide. With a vision to empower individuals with quality healthcare services, Babyl is dedicated to putting healthcare in the hands of every person on the planet.

Industry:
Healthtech
Subindustry:
Health Care

City Rank (Kigali)

0

View

Regional Rank (Eastern Africa)

0

View

Global Rank (WorldWide)

0

Browse
SB Score:384

SMART Africa is a bold and innovative commitment from African Heads of State and Government to accelerate sustainable socio-economic development on the continent, ushering Africa into a knowledge economy through affordable access to Broadband and usage of Information and Communications Technologies.

Industry:
Social & Leisure
Subindustry:
Communities

City Rank (Kigali)

0

View

Regional Rank (Eastern Africa)

0

View

Global Rank (WorldWide)

0

Browse
SB Score:283

ProDev Group Holdings operates businesses along grain & maize supply chain through Minimex Ltd. and ProDev Rwanda.

Industry:
Foodtech
Subindustry:
Agtech

City Rank (Kigali)

0

View

Regional Rank (Eastern Africa)

0

View

Global Rank (WorldWide)

0

Browse

Total amount:45

Explore the Startup Ecosystem of Rwanda

Population

(Rwanda)

14.1 Million

Regional Rank

(Eastern Africa)

4th

1

Global Rank

(WorldWide)

98th

3

Visit

SB Score:254

HeptaPay is a bill payment application serving East African Region.

Industry:
Fintech
Subindustry:
Payments

City Rank (Kigali)

0

View

Regional Rank (Eastern Africa)

0

View

Global Rank (WorldWide)

0

Browse
SB Score:200

BeneFactors Ltd. is a Rwandan factoring company, providing tailored working capital solutions to firms. Factoring is a financial service, where future payments from your buyers are sold to a third party, the factor for cash. We can work with pending invoices or purchase orders for delivery. This means that you can continue working even if your buyers take a long time to pay or take on more clients at the same time - allowing you peace of mind as you grow your business.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (Kigali)

0

View

Regional Rank (Eastern Africa)

0

View

Global Rank (WorldWide)

0

Browse
SB Score:177

Kayko provides a simple bookkeeping app for small businesses, merchants, and entrepreneurs allowing them to digitize, monitor and grow the finances of their business

Industry:
Fintech
Subindustry:
Financial Services

City Rank (Kigali)

0

View

Regional Rank (Eastern Africa)

0

View

Global Rank (WorldWide)

0

Browse

Total amount:12

SB Score:271

Hence empowers organizations to maximize the value of their relationships with external providers like consultants and lawyers. Streamlining communication and enhancing collaboration, Hence helps companies make the most out of their partnerships.

Industry:
Software & Data
Subindustry:
Artificial Intelligence

City Rank (Kigali)

0

View

Regional Rank (Eastern Africa)

0

View

Global Rank (WorldWide)

0

Browse

3rd

Vuga
SB Score:104

Vuga is a telecommunications company that offers a micro-internet network connection. The company invents NodeOne, a quick and affordable way for anyone to set up micro-internet networks without technical skills.

Industry:
Software & Data
Subindustry:
Apps

City Rank (Kigali)

0

View

Regional Rank (Eastern Africa)

0

View

Global Rank (WorldWide)

0

Browse

Total amount:8

SB Score:292

Eden Care is a tech-enabled insurance company built to ease access to quality and affordable healthcare by providing digital health insurance solutions to healthcare providers, companies, and employees. Eden Care is a Certified Health Maintenance Organization (HMO) by the National Bank of Rwanda.

Industry:
Healthtech
Subindustry:
Health Care

City Rank (Kigali)

0

View

Regional Rank (Eastern Africa)

0

View

Global Rank (WorldWide)

0

Browse
SB Score:243

Kapsule works with stakeholders in the healthcare ecosystem to capture data that does not exist anywhere else and to return critical insights from existing data. Kapsule has built products that digitalize processes, allowing for significantly more data points to be captured than legacy pen & paper.

Industry:
Healthtech
Subindustry:
Health-Other

City Rank (Kigali)

0

View

Regional Rank (Eastern Africa)

0

View

Global Rank (WorldWide)

0

Browse
SB Score:102

Babyl aims to make healthcare accessible and affordable for everyone worldwide. With a vision to empower individuals with quality healthcare services, Babyl is dedicated to putting healthcare in the hands of every person on the planet.

Industry:
Healthtech
Subindustry:
Health Care

City Rank (Kigali)

0

View

Regional Rank (Eastern Africa)

0

View

Global Rank (WorldWide)

0

Browse

Total amount:5

Top Cities for Startups in Rwanda - 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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