Drahim πŸ’°

Acquired

WealthFront for Saudi & Middle East

Riyadh, Saudi Arabia Β· Founded 2021 Β· $500K raised

Headquarters
Riyadh
Employees
1–10
Founded
2021
Website
drahim.sa
Total Funding
$500K
Last Round
$500K AngelMay 2022
Rounds
3
Acquisition Date
Sep 2024

About

"Drahim" is a slang for money in Arabic (from the ancient Greek Drachma). The app integrates with banks and provides individuals meaningful spending insights and generates auto savings and investment advice. For the meaningful insights, the app integrates with banks and automatically categorizes all of your transactions (All of your accounts in one place) and spots spending patterns and behaviors. Drahim then suggests a saving and investing plan that allows the user to continue living comfortably and to keep spending guilt-free. Our focus is not necessarily to save you money, rather we grow your money discreetly. Drahim allows you to continue spending but feeling way better doing it.

Summary

Drahim πŸ’° is an Analytics company based in Riyadh, Saudi Arabia, founded in 2021. It has raised $500K in total across 3 rounds, most recently a $500K Angel round in May 2022. Investors include Y Combinator, Sanabil Investments and 500 Global.

Tech & App Stack

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Funding History

AcquisitionSep 2024

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Investors

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