Erad raised $22M (Series A)
Financial technology and revenue-based financing platform for small and medium-sized enterprises (SMEs).
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- Raised
- $22M
- Round
- Series A
- Announced
- 6 weeks ago
- Location
- Riyadh, Saudi Arabia
- Industry
- Fintech
Marketing gap:hidden, see with Pro
Signals
- Raised $22MAnnounced Sep 28, 2026, 6 weeks ago
- Series A round
- Based in Riyadh, Saudi ArabiaRegion: Rest of world
- Reported by FinSMEsAdded to the board Oct 20, 2026. Read the announcement ↗
Investors
- Middle East Venture PartnersLead
- Saudi Venture Capital
- 500 Global
- S60 Ventures
- ANB Capital
- Conjunction Capital
- Araya Ventures
- Khwarizmi Ventures
- Nuwa Capital
- Aljazira Capital
- Oraseya Capital
- Joa Capital
Also backed by 500 Global: Dapta
Also backed by Araya Ventures: Juritas, Stride, Comparables.ai
Also backed by Oraseya Capital: CapQuest
From the announcement.
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