erad

Non-dilutive funding and payments in the Middle East

Riyadh, Saudi Arabia · Founded 2022 · $18.4M raised

Headquarters
Riyadh
Employees
1–10
Founded
2022
Website
erad.co
Total Funding
$18.4M
Last Round
$16.0M SeedApr 2025
Rounds
2

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

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

erad is a Fintech company based in Riyadh, Saudi Arabia, founded in 2022. It has raised $18.4M in total across 2 rounds, most recently a $16.0M Seed round in Apr 2025. Investors include Y Combinator and Nuwa Capital.

Tech & App Stack

3 technologies & apps tracked

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Funding History

Credit LineCredit LineNov 2025
$125.0M

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

Investors

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