erad

erad is a fintech company in Riyadh, Saudi Arabia, founded in 2022. It has raised $40.4M across 3 rounds, most recently a $22.0M Series A in September 2026.

Non-dilutive funding and payments in the Middle East

Headquarters
Riyadh
Employees
1–10
Founded
2022
Business Model
B2B
Website
erad.co
Total Funding
$40.4M
Last Round
$22.0M Series ASep 2026
Rounds
3

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 3 funding rounds and 8 investors for this company. The full record is or through the API.

About

erad provides startups in the Middle East with non-dilutive growth capital. Connect your sales, marketing and banking data and receive an offer within 48 hours. Get access to key insights and analysis about your business.

Summary

It lists 1–10 employees. It has raised $40.4M in total across 3 rounds, most recently a $22.0M Series A round in Sep 2026. Investors include Nuwa Capital, Saudi Venture Capital Company and Conjunction Capital.

Tech & App Stack

3 technologies & apps tracked

Every product and vendor across these categories, with where each signal came from.

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Funding History

Data from Indexed.vcUpdated
Series ASeries ASep 2026
$22.0M

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Funding: Pre-Seed through Series A. Amounts, valuations, and investors where available.

Investors

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