Radar Companies IT Services · Sri Lanka
Radar · IT Services in Sri Lanka

Best IT Services Companies in Sri Lanka

The 54 best IT Services companies in Sri Lanka in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Softlogic Holdings.

54companies tracked
$24.6Mdisclosed funding
0unicorns
1have raised

Sri Lanka's IT Services sector is what this directory maps, ranking 54 tracked companies by disclosed equity funding and recent momentum. Total disclosed funding sits at $25M, and the concentration is stark: Softlogic Holdings accounts for $24M of that pool, leaving the rest of the field working with thin capital bases. KnightsBridge is the only other company with a disclosed raise, at $950K. That funding gap matters when you're sizing up who can actually scale.

So what's the broader current? The global IT services market was valued at roughly $500B in 2021 and is growing at around 8% annually, driven by cloud adoption, enterprise digitization, and increasingly tangled connectivity demands. Privacy regulation is tightening everywhere, and compliance overhead is real, even for smaller shops. I'd watch how Sri Lankan firms navigate that pressure as they pitch to overseas clients. Investors like Driv Kapital, FMO, and Samena Capital are already circling the ecosystem, and the themes heating up regionally, from payment system integration to AI-driven delivery acceleration, are precisely the lanes where lean, export-focused IT firms tend to punch above their funding weight.

Sources & further reading
  • Worldwide IT and Business Services Forecast Shows Signs of Improvement
  • Indian IT services market grew 8.1% during H1 2022 amid global economi

Ranked: Best IT Services companies in Sri Lanka

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackRecent signals
1Softlogic Holdings
Conglomerate based in Sri Lanka
$24M101 mo agoSeries BAshok Pathirage
Founder & CEO
1991PHPRaphaelCentOS+17
2KnightsBridge
Developer of web design and mobile application development services
$950K81 mo agoSeries AAbishek Sithampalam
Co-Founder & CEO
2015
33axislabs
Provider of UI/UX designing, mobile application development, consulting, and other services
UnfundedJestan Nirojan
Co-Founder
2020ZohojQueryHSTS+42 job openings · 1 internship
499x
Provider of IT service suite solutions and blockchain services
Funding Raised2004Apple iCloud MailMicrosoft 365Zoho+271 job opening · 1 award
5AdroitLogic
Tools for software designing
UnfundedShyaminie Perera
Co-Founder
2010
6akvasoft
AkvaSoft is a tech startup company. We cover all aspects of software product development using the latest…
2018
7alcaline solutions
Alcaline is a digital solutions agency based in Sri Lanka, we build our expertise and expand services
2019
8Allion Technologies
Transform for the future
2006

Top 2 IT Services companies in Sri Lanka

#1
Series A · Colombo, Western Province · founded 2015
$950Kraised

Developer of web design and mobile application development services. It provides loyalty platforms, CRMs, and e-commerce solutions. It also provides users with innovative reinsurance software systems and solutions.

Funding rounds
  • Oct 2019Series A$750K
  • Sep 2016Seed$200K
Founders & team
Abishek SithampalamCo-Founder & CEO
Investors
Hyperion Ventures
#2
Series B · Colombo, Western Province · founded 1991 · 11082 employees
$23.6Mraised

Softlogic Holdings PLC is a Conglomerate based in Sri Lanka. Started operating as a software developer and has expanded to sectors such as ICT, Healthcare, Retail, Financial Services, Automobiles and Leisure. Companies under the ICT sector include Softlogic Information Technologies, Softlogic Computers, Softlogic Communications, Softlogic International, Office Automation, Softlogic Australia, and Softlogic Mobile Distribution. Softlogic Information Technologies is a software and hardware solutions provider offering services related to security, network, application, server, etc. Partners with Microsoft, Dell, Apple, EMC2, Cisco, etc.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 49k LinkedIn followers — 10.1% of this cohort's audience
Founders & team
Ashok PathirageFounder & CEO
Investors
Samena Capital, FMO
Tech stack
Animate.CssAosApache Http ServerBootstrapCart FunctionalityCdnjs

Funding & investor landscape

$24.6Mtotal disclosed funding
2companies funded
2disclosed rounds
0rounds last 90 days
Most active investors
Driv Kapital1 rounds
FMO1 rounds
Hyperion Ventures1 rounds
Mansek Investment1 rounds
Samena Capital1 rounds
Prism market signals · Sri Lanka · country-scoped Prism corpus, 698,528 docs

Market landscape — 10 sub-themes by coverage

Share of IT Services coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

Common questions

How many IT Services companies are there in Sri Lanka?
Radar tracks 54 indexable IT Services companies headquartered in Sri Lanka that meet our profile-completeness bar.
What is the total funding raised by IT Services companies in Sri Lanka?
The IT Services companies in Sri Lanka on this list have raised a combined $24.6M in disclosed equity funding across 2 funded companies.
Which is the highest-funded IT Services company in Sri Lanka?
Softlogic Holdings is the highest-funded IT Services company in Sri Lanka, with $23.6M in disclosed equity funding.
How many IT Services companies in Sri Lanka are funded?
2 of the 54 IT Services companies in Sri Lanka on this list have disclosed at least one equity funding round.
How many IT Services unicorns are there in Sri Lanka?
None of the IT Services companies in Sri Lanka on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Sri Lanka IT Services companies?
The most active investors in Sri Lanka IT Services companies on this list include Driv Kapital, FMO, Hyperion Ventures, Mansek Investment, Samena Capital.
Rohit KhannaTrends & Stories

Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.

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