How many Software as a Service (SaaS) companies in Dubai
SaaS companies in Dubai
Dubai has become a thriving hub for Software as a Service (SaaS) companies. Driven by its advanced infrastructure, business-friendly policies, and strategic location. These companies offer cloud-based solutions across various sectors, from e-commerce and healthcare to finance and logistics. By focusing on scalable, on-demand services, Dubai’s SaaS providers help businesses streamline operations. Reduce costs, and adapt to changing digital landscapes. With government initiatives like Dubai Internet City fostering tech innovation, the SaaS market continues to expand. Attracting global talent and investors who see Dubai as a gateway for growth in the Middle East and beyond.
Bayzat
Bayzat provides insurance, payroll and HR solutions to businesses. The software could help customers with payroll processing and employee performance management. Its SaaS products use automation, cloud technology and Artificial Intelligence to deliver results. Over 1,000 companies in the UAE use Bayzat’s software. The list of clients includes Deliveroo and DMCC. The Dubai-based SaaS company has grown over 100% annually over the past three years. Bayzat’s total funding has reached over USD53 million (AED194 million). The company aims to use the funds to increase its user base.
Dukkantek
Dukkantek offers a cloud-based store management platform to local and traditional merchants. The company aims to help traditional merchants compete in the digital world. The SaaS product functionalities include:
Cloud POS
Inventory Management
Ecommerce Platform
Payment Options
Dukkantek has a companion app to make access to data easier. The app allows shop owners to manage inventory, process payments and review sales. The platform has grown rapidly. Within 18 months, Dukkantek’s products reached seven markets, including Germany and Oman. The Dubai SaaS company recently joined forces with Retailhub. The two will integrate their respective solutions to drive online sales integrations. The companies claim their services could boost SME revenue by 30%.
GrubTech
The food delivery business in the UAE has climbed to nearly 50% market penetration. GrubTech Dubai-based innovator in the field. The company has provided an end-to-end SaaS platform for restaurants and kitchens in 2019. The software can help:
Integrate online orders
Dispatch orders
Provide pickup options for customers
GrubTech currently operates in 19 countries around the world. The platform has processed over 8 million orders. The company says it reached a 300% yearly growth recently.
Keepface
Keepface operates in the growing industry of influencers. The SaaS-enabled marketplace provider started in 2017. They have served over half a million influencers worldwide. The service offers influencers the option to:
Gain analytics insights
Outreach to brands
Create automated marketing campaigns
The company has worked with big brands like Oral-B, Lays and Pepsi. The Pepsi Nowruz campaign created over 400,000 impressions. It reached a total audience of over 700,000 people. Keepface’s total funding has reached USD3.5 million (AED12 million).
Kitopi
Kitopi started as a managed cloud kitchen platform in 2018. At the start, it took care of the end-to-end operations. The company delivered food directly to consumers from its ‘ghost kitchens’. After the pandemic, they invested in actual outlets. The company known for its SaaS platform. The Dubai-based company offers its in-house suite of applications called Smart Kitchen Operating System or ‘SKOS’. The system comprises around 40 applications. These applications used to:
Sell food to customers
Manage orders, payments and deliveries
Optimise kitchen usage, including stock
Determine product development
Beehive
Peer-to-peer lending is slowly gaining ground as a popular alternative to traditional lending. Dubai’s Beehive is one such operator. Beehive’s SaaS platform processes finance requests. The software connects investors to creditworthy businesses.
Enterprises to apply for credit
Investors browse for funding project
Funding requests to go through
What separates Beehive from other P2P lenders is its adherence to Islamic banking values. Beehive is the first platform in MENA to have regulatory DFSA approval. All finance requests processed as ‘Sharia Compliant’. The process takes place through DMCC-operated ‘DMCC Tradeflow’ Commodity Murabaha platform.
Klaim
Klaim is one of the many InsureTech SaaS companies in Dubai. The company has attracted around AED29 million in funding to date. KPMG gave the company the Private Enterprise Tech Innovator in the UAE award. The software offers medical claim management and financing platform solutions. Customers can make reimbursement claims with the software. Klaim says reimbursement can typically take up to 113 days. Out of all claims, around 15% get denied. The platform has accelerated over 150,000 individual claims. Its total payments amount to AED60 million.
Lyve
One of the oldest SaaS companies on our list Abu Dhabi headquartered Lyve. The company offers an ecosystem of all-in-one B2B SaaS solutions. The software can:
Process customer orders
Help with payment management
Organise product and service deliveries
Clients can use it to analyse order processing and delivery times. In recent years, Lyve has expanded its product category.
Menaflow
Menaflow started in 2022. The company was one of the first automated marketing platforms for SMBs in the MENA region. The SaaS platform can automate many marketing functions. The software can create more efficient campaigns, increase customer engagement and tailor campaigns to users. The platform works with e-commerce sites as Shopify, and ExpandCart. Menaflow’s SaaS platform is free to try. You access the whole platform of a demo version by signing up.
TeachMeNow
Other older SaaS company that earns its place on the list is the Dubai-based TeachMeNow. The company has operated in the ever-expanding EduTech sector 2013. The platform is a one-stop teaching solution for learners of all ages. TeachMeNow doesn’t limit itself to a specific skill. Educators can use it for teaching languages or job-specific skills. Its past clients include big corporations like Windows.
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