Top SaaS Companies in UAE

The United Arab Emirates (UAE) has become a hub for technological innovation and entrepreneurship over the past decade. The country's infrastructure and government initiatives have made it possible for startups to thrive and expand their reach globally. One of the popular technology sectors that have gained prominence in the UAE is software-as-a-service (SaaS). SaaS companies are changing the way businesses operate, and their impact has been profound in the UAE. Here we highlight the top SaaS companies in UAE.

1. Bayzat

Bayzat is a Dubai-based SaaS company that provides employee benefits and insurance solutions to corporates in the UAE. The platform helps companies manage their HR and employee benefits services all in one place. Bayzat's software is designed to simplify HR processes and reduce the time and effort required by HR professionals. The company raised $16 million in series B funding in 2018 and plans to expand its business across the Middle East and North Africa.

2. Fetchr

Fetchr is a SaaS logistics company founded in Dubai in 2012. The platform is focused on eliminating delivery issues by using location-based technologies to find addresses accurately. Fetchr's software is designed to improve supply chain management and reduce the risk of lost packages by providing real-time updates to customers. The company has raised $52 million in funding and plans to expand its business to other markets beyond the UAE.

3. Property Finder

Property Finder is a SaaS company that helps customers find properties to buy, rent, and sell in the UAE and other parts of the Middle East. The platform uses advanced data analytics to help customers make informed buying decisions about real estate. Property Finder has expanded its business to Egypt, Saudi Arabia, Qatar, and other Middle Eastern countries since its founding in 2007. The company raised $120 million in funding in 2019 to expand its SaaS platform and strategic acquisitions.

4. Boxit

Boxit is a SaaS platform that provides on-demand storage services in the UAE. The platform allows customers to securely store their belongings in a secure warehouse and request delivery when needed. Boxit's software also includes features like item inventory management and delivery tracking, which makes it easy to manage items from anywhere. Boxit raised $6 million in funding in 2019 and plans to expand its business to other GCC countries.

5. Careem

Careem is a ride-hailing and delivery SaaS company based in Dubai. The company was founded in 2012 and has since grown exponentially to become one of the leading ride-hailing services in the Middle East. Careem also provides a delivery service for food, packages, and other items in the UAE. The company was acquired by Uber for $3.1 billion in 2019 and continues to operate as an independent entity while expanding its services to other markets.

6. Souqalmal

Souqalmal is a SaaS platform that provides personal finance and insurance comparison services in the UAE and other parts of the Middle East. The platform enables customers to compare and buy financial products like credit cards, loans, and insurance with ease. Souqalmal's software is designed to simplify financial decision-making by presenting customers with personalized information about their financial options. Souqalmal raised $10 million in funding in 2019 to expand its operations across the GCC countries.

7. Wrappup

Wrappup is a SaaS platform that uses advanced AI technology to make meetings more productive and efficient. The platform records and transcribes meetings, making it easy to search and share important notes. Wrappup's software can also identify key action items and follow-up tasks from meeting recordings, making it easy to stay on top of tasks. The platform was acquired by Voicera, a California-based tech company, in 2018, and continues to operate from Dubai.

8. Beehive

Beehive is a SaaS company that provides peer-to-peer lending solutions to businesses in the UAE. The platform connects investors with businesses seeking funding, making it easy for business owners to access funding without having to go through traditional lending institutions. Beehive's software is designed to simplify the lending process, making it easy for investors to find promising businesses and vice versa. The company raised $5 million in funding in 2020 and plans to expand its services to other GCC countries.

9. JadoPado

JadoPado is a SaaS platform that provides online shopping solutions to the UAE and other GCC countries. The platform offers an extensive selection of products, including electronics, fashion, and household items. JadoPado's software is designed to simplify the online shopping experience, making it easy for customers to find and purchase products online. The company was acquired by Noon.com, a Saudi-based online retailer, in 2017 and continues to operate as an independent entity.

10. TaskSpotting

TaskSpotting is a SaaS platform that provides crowdsourcing solutions to businesses in the UAE and other parts of the Middle East. The platform allows businesses to leverage the power of the crowd to conduct market research and gather feedback about products and services. TaskSpotting's software is designed to simplify the market research process, making it easy for businesses to collect data and insights about their target audience. The company was acquired by StarLink, a Dubai-based IT solutions provider, in 2018 and continues to operate as an independent entity.

Conclusion

The UAE is home to many innovative SaaS companies that are changing the way businesses operate in the region and beyond. These companies are leveraging advanced technologies and data analytics to create platforms that simplify processes and improve customer experiences. The next decade is likely to see rapid growth in the UAE's technology sector, as more SaaS companies emerge and expand their businesses to other parts of the world.