Software Technologies Limited

What Software Technologies Limited does

Software Technologies Limited (STL), headquartered in Nairobi, Kenya, is a privately held enterprise SaaS company founded in 1991 by Jyoti Mukherjee and Sanjiv Mukherjee. The company develops and sells the eHorizon Suite — a cloud-based platform comprising four proprietary products: eHorizon eBoard (board and governance management), eHorizon eParliament (legislative and parliamentary process automation), eHorizon Mkataba (contract lifecycle management), and eHorizon HRMS (human resource management and payroll). All software is built in-house on an object-oriented architecture enabling portability across databases and platforms, certified to ISO 27001:2013 by BSI (IS 719387), SSAE16-compliant hosting, and developed under SEI CMMI standards with AES 256-bit encryption.

STL serves approximately 150+ corporate customers and over 3,500 directors across Africa and the Middle East, including listed corporates, parastatals, financial institutions, pension schemes, and government regulators such as KenGen, NTSA, KEBS, NEMA, ICDC, CITAM, TelPosta Pension Scheme, Kimisitu Sacco, Cellulant, and Bamburi Cement. The company expanded into the national-government vertical with deployment of eParliament for the Kenyan Parliament in 2019. Operations span Kenya, Nigeria, Ghana, Zambia, Botswana, and the UAE, with active entry into francophone Africa.

The business model combines recurring SaaS subscriptions (annual contracts for the eHorizon suite) with professional services for implementation, onboarding, and training delivered by a dedicated SaaS Delivery team, plus revenue from the Institute of Software Technologies (IST) training subsidiary. Distribution combines direct enterprise sales with a channel partner network providing local first-line support across African countries. Following founder Jyoti Mukherjee's passing, the company is co-run by her son Chets Mukherjee as Operations Director; the business received private equity funding from EAPEF in October-November 2018 with a stated three-year expansion plan.

Name

Software Technologies Limited

Legal name

Software Technologies Ltd

Website

https://stl-horizon.com

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

11–50 employees

Short description

Software Technologies Limited is a Nairobi-based enterprise SaaS company founded in 1991 that builds the proprietary eHorizon suite (eBoard, eParliament, Mkataba, HRMS), serving corporates, regulators, and legislative bodies across Africa and the Middle East.

Ownership category

akta.pro rank

Product category

Enterprise Governance Software

NAICS

Software Publishers (51321), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)

SIC

Services-Prepackaged Software (7372)

akta.pro industry

PRIMARYHDAEAGAL

Contract Lifecycle Management (CLM) & Document Generation/Templating

Hardware, Technology & Telecom/Enterprise Platforms & Databases/Enterprise Content Management (ECM) & Document Management

SECONDARYHDABAAAD

Managed Application Platforms (App PaaS & Runtime Services)

Hardware, Technology & Telecom/Cloud & Data Center Infrastructure/Public Cloud Infrastructure (IaaS/PaaS)

Keywords

• Board management software
• Contract lifecycle management
• Human resource management software
• Parliamentary management software
• Corporate governance SaaS

Headquarters

HQ city

Nairobi

HQ country

Kenya

HQ region

Africa

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. SaaS Subscription (eHorizon Suite): Subscription-based SaaS model where customers access eBoard, eParliament, Mkataba, and HRMS on a recurring subscription basis. All eBoard customers are on SaaS. Billing is typically annual or multi-year contracts for enterprise customers.
2. Professional Services (Training & Implementation): Charges for user training, onboarding, implementation, and customization services. Role-based training programmes delivered by dedicated SaaS Delivery team. Includes ongoing customer support services.
3. Training Institute (Institute of Software Technologies): Revenue from IT training, examinations, and certification programmes delivered through the Institute of Software Technologies (IST). Serves both internal needs and external clients. Over 3,000 individuals trained to date.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels5 records

Core offering

Software Technologies Limited develops and sells the eHorizon Suite of cloud-based SaaS solutions covering four integrated products: eHorizon HRMS for human resource and payroll management, eHorizon Mkataba for contract lifecycle management, eHorizon eBoard for board management and corporate governance, and eParliament for parliamentary and legislative document management. The platform is sold on a subscription basis to large enterprises, government institutions, and legislative bodies across Africa and the Middle East, with deployment supported by a network of channel partners.

Product overview

Software Technologies Limited offers the eHorizon Suite of Solutions, a cloud-based software platform consisting of four integrated products designed to help organizations manage people, processes, and governance. The portfolio includes: eHorizon HRMS for human resource and payroll management, eHorizon Mkataba for contract lifecycle management, eHorizon eBoard for board management and governance, and eParliament for legislative document management. These solutions work as standalone products but share the eHorizon platform architecture, providing organizations with integrated capabilities across HR, contracts, and governance domains.

Differentiator

Problem solved

Functional benefit

Brands

• eHorizon: Suite of cloud-based software solutions including eBoard (board management), eParliament (legislative management), HRMS (human resource management), and Mkataba (contract lifecycle management)
• eHorizon eBoard
• eHorizon eParliament
• eHorizon HRMS
• eHorizon Mkataba
• Institute of Software Technologies (IST)

Products and services

• eHorizon eBoard A cloud-based board management portal that automates and manages every aspect of board operations including minutes, agendas, director evaluation, and risk and compliance monitoring for large enterprises and government institutions.
• eHorizon eParliament A paperless digital solution that automates parliamentary and legislative procedures, enabling access to rich contextual information for members, assistants, and administration through a user-friendly interface for national and legislative bodies.
• eHorizon Mkataba A Contract Lifecycle Management solution that simplifies the complex day-to-day process of managing contracts, enabling organizations to create, review, negotiate, and track contracts in a secure and collaborative environment.
• eHorizon HRMS A cloud-based Human Resource Management System that manages employee lifecycles, payroll processing, performance management, leave management, and HR administration for organizations of any size or industry.

Quantifiable outcome

• TelPosta Pension Scheme saves ~40,000 USD per year in printing and distribution costs
• +6 more outcomes

Named customers11 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• BSI (British Standards Institution)coreOthersBSI independently assessed STL against internationally recognized standards and certified the company under ISO 27001:2013 Information Security Management Systems (Certificate IS 719387). BSI provides ongoing certification and quality assurance oversight.
• Kenya Forest ServiceminorStrategic or Co-development PartnerSTL partners with Kenya Forest Service on environmental CSR initiatives. STL planted 1,100 trees with the Kenya Forest Service at Uplands Forest Station in Kiambu County and pledged to plant 2,000 more trees. Kenya Forest Service is also a client using STL's governance platform.
• USAID AHADIminorStrategic or Co-development PartnerSTL's partner SOCATT (Society of Clerks at the Table) has received capacity building support from USAID through AHADI programme, which indirectly benefits the eParliament deployment ecosystem.
• Channel Partners Across AfricacoreChannel Partner/ Reseller/ DistributorSTL works with local partners in every country it operates in. These partners are established locally, understand country requirements, and provide first-line support to customers after implementation. The partner network spans anglophone and francophone Africa.
• Institute of Software Technologies (IST)coreOthersIST is a subsidiary company established by STL to offer free professional IT training, examinations, and certification. IST creates talent pipeline for STL while also training disadvantaged groups and the broader industry. Over 3,000 individuals trained to date.
• Bain & CompanyminorGTM or Marketing PartnerSTL co-hosted 'The Great Board Discussion' with Bain Academy, bringing together board members from leading companies in Kenya for a discussion on effective governance and the 'Great Board' framework. STL positioned itself as a thought leader through this event.
• Institute of Directors Ghana (IOD Ghana)minorGTM or Marketing PartnerSTL collaborated with IOD Ghana as official partner for the Annual Corporate Governance Excellence Awards hosted at Kempinski Hotel in Accra. The event was also attended by Professor Mervyn King, Chairman of the King Committee on Corporate Governance in South Africa.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• BoardEffect: Board management software targeting non-profits, healthcare, and education. Comparable use cases to eHorizon eBoard in board pack distribution, minutes, and director evaluation, with overlapping customer segments.
• Agiloft: Contract lifecycle management software with customizable workflows. Direct competitor in CLM, comparable to Mkataba in contract creation, review, and approval workflows.
• Nasdaq Boardvantage: Board portal solution from Nasdaq serving enterprise and public-company boards. Direct competitor to STL's eBoard in the governance and board management category, with comparable director evaluation and board pack features.
• Diligent Corporation: Global leader in board management software (Diligent Boards, Insights, Entities). Directly comparable to STL's eHorizon eBoard, targeting corporate secretaries and boards of directors in enterprises and government institutions.
• Azeus Convene: Board portal and meeting management software with established presence in Africa, Middle East, and Asia. Direct competitor to eHorizon eBoard, particularly for African government and enterprise board digitization projects.
• Icertis: Enterprise contract lifecycle management platform. Direct competitor to STL's Mkataba CLM, particularly for large enterprises needing self-service contract authoring, negotiation, and compliance tracking.
• Passageways (OnBoard): Board portal and meeting management platform. Direct competitor in board management with comparable functionality in agenda building, minutes, voting, and director evaluations.

Broad incumbents

• Workday: Global cloud HRMS and enterprise applications platform. Broad incumbent in the HR/payroll space where STL's eHorizon HRMS competes, particularly for multinational enterprise customers seeking integrated HCM suites.
• DocuSign CLM: Contract lifecycle management from DocuSign, extending its eSignature franchise. Broad incumbent competing with Mkataba across enterprise and mid-market CLM deals, with stronger global brand and integration ecosystem.
• SAP SuccessFactors: Enterprise cloud HR suite from SAP. Broad incumbent in HRMS, comparable to eHorizon HRMS in payroll, performance, and employee lifecycle management for large organizations.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/STLHorizon
• Facebookfacebook.com/stllimited
• LinkedInlinkedin.com/company/software-technologies-limited

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries2 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Software Technologies Limited