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erad
AddedMar 20, 2024
UpdatedJun 18, 2026
erad

erad

Pre-Seed

Middle East non-dilutive funding & payments for startups, with fast insights.

HQ
Riyadh, Riyadh Province, SA
Founded
2022
Accelerator
Y Combinator logoY CombinatorS22
Overview
Compare
Fundraising
Employees
Website

Founded with the mission to empower startups in the Middle East, erad offers non-dilutive growth capital and payment solutions. The company aims to streamline access to financial resources by connecting sales, marketing, and banking data, providing tailored funding offers within 48 hours. Their services also include delivering key business insights and analysis, helping startups make informed decisions and accelerate growth.

Notable for its innovative approach, erad has attracted attention from prominent investors and industry leaders. The company's rapid funding process and insightful analytics have significantly impacted the regional startup ecosystem, enabling numerous businesses to scale efficiently without sacrificing equity. Through its commitment to supporting entrepreneurial ventures, erad has established itself as a vital player in the Middle Eastern financial technology landscape.

erad - Quick Facts

When was erad founded?

erad was founded in 2022.

Where is erad's headquarters located?

erad's headquarters is located in Riyadh, Riyadh Province, SA.

When was erad's last funding round?

erad's most recent funding round was for $2.4M (USD) in September 2022.

How much has erad raised to-date?

As of Sep 19, 2022, erad has raised a total of $2.4M (USD).

How many employees does erad have?

erad has 17 employees as of Feb 24, 2024.

erad - Classification

Ownership
  • Venture Capital
Technology
  • FinTech
Geographic Exposure
  • Global
Revenue
  • Recurring
Customer
  • Small Business
Main Product
  • Funding
Tags
  • Financial
  • SaaS
NAICS
  • 520000Finance and Insurance
  • 522000Credit Intermediation and Related Activities
  • 522300Activities Related to Credit Intermediation
  • 522320Financial Transactions Processing, Reserve, and Clearinghouse Activities
SIC
  • 8700Engineering, Accounting, Research, Management, And Related Services
  • 8740Management And Public Relations Services
  • 8742Management Consulting Services
Show 4 more industry codes
SIC
  • 6000Depository Institutions
  • 6200Security And Commodity Brokers, Dealers, Exchanges, And Services
  • 6280Services Allied With The Exchange Of Securities Or Commodities
  • 6282Investment Advice