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.
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.
- Worldwide IT and Business Services Forecast Shows Signs of Improvement
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Ranked: Best IT Services companies in Sri Lanka
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Softlogic Holdings Conglomerate based in Sri Lanka | $24M | 101 mo ago | Series B | Ashok Pathirage Founder & CEO | 1991 | PHPRaphaelCentOS+17 | — |
| 2 | KnightsBridge Developer of web design and mobile application development services | $950K | 81 mo ago | Series A | Abishek Sithampalam Co-Founder & CEO | 2015 | — | — |
| 3 | 3axislabs Provider of UI/UX designing, mobile application development, consulting, and other services | — | — | Unfunded | Jestan Nirojan Co-Founder | 2020 | ZohojQueryHSTS+4 | 2 job openings · 1 internship |
| 4 | 99x Provider of IT service suite solutions and blockchain services | — | — | Funding Raised | — | 2004 | Apple iCloud MailMicrosoft 365Zoho+27 | 1 job opening · 1 award |
| 5 | AdroitLogic Tools for software designing | — | — | Unfunded | Shyaminie Perera Co-Founder | 2010 | — | — |
| 6 | akvasoft AkvaSoft is a tech startup company. We cover all aspects of software product development using the latest… | — | — | — | — | 2018 | — | — |
| 7 | alcaline solutions Alcaline is a digital solutions agency based in Sri Lanka, we build our expertise and expand services | — | — | — | — | 2019 | — | — |
| 8 | Allion 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.
- Oct 2019Series A$750K
- Sep 2016Seed$200K
#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.
Funding & investor landscape
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