Startups That Raised Funding in Riyadh

Aumet

Location: Saudi Arabia

Funding: Raises $12M

Date: 41 days ago

Aumet is a Saudi Arabia–based B2B healthcare technology platform that digitizes and streamlines procurement for medical suppliers, manufacturers, and buyers, accelerating access to healthcare products across the region.

Stitch

Location: Riyadh, Saudi Arabia

Website: stitch.co

Funding: Raises $25M

Date: 43 days ago

Stitch is a Riyadh-based fintech offering an operating system and unified infrastructure layer for financial institutions to integrate, manage, and scale modern financial services globally.

Stream

Location: Riyadh, Saudi Arabia

Funding: Raises $5.2M

Date: 45 days ago

Stream is a Riyadh-based fintech startup building a billing infrastructure layer for businesses across the MENA region, offering scalable solutions for payment processing and subscription management.

Stream

Location: Riyadh, Saudi Arabia

Funding: raises additional $5.2M

Date: 45 days ago

Stream is a Riyadh-based fintech startup providing billing and payments infrastructure across the MENA region, enabling businesses to automate subscription billing and manage transactions seamlessly.

Solidrange

Location: Riyadh, Saudi Arabia

Funding: Raises $2.4M

Date: 129 days ago

Solidrange is a Riyadh-based cybersecurity startup offering AI-driven governance, risk, and compliance (GRC) solutions to help organizations automate compliance workflows and enhance security across the region.

Solidrange

Location: Riyadh, Saudi Arabia

Funding: raises $2.4 m

Date: 130 days ago

Solidrange is a Riyadh-based cybersecurity startup that develops advanced threat detection and protection solutions to help enterprises safeguard their digital assets and mitigate evolving cyber risks.

SiFi

Location: Riyadh, Saudi Arabia

Funding: Raises $20M

Date: 137 days ago

SiFi is a Saudi-based financial technology company providing spend management solutions to help businesses streamline and control their expenses across Saudi Arabia.

Safqah Capital

Location: Riyadh, Saudi Arabia

Funding: Raises $15.2M

Date: 137 days ago

Safqah Capital is a Riyadh-based fintech and proptech platform that leverages data and AI to provide and scale real estate financing solutions across Saudi Arabia.

The Saudi Arabian Mining Company (Maaden)

Location: Saudi Arabia

Website: maaden.com

Funding: Raises $1 Billion

Date: 152 days ago

The Saudi Arabian Mining Company (Ma'aden) is the kingdom's national mining and metals firm, specializing in the exploration, production, and processing of minerals such as gold, phosphate, aluminum, and industrial metals. It supports Saudi Arabia's economic diversification by delivering integrated mining solutions and value-added mineral products.

Humain

Location: Riyadh, Saudi Arabia

Funding: secures $1.2 bn

Date: 155 days ago

Riyadh-based Humain develops AI-driven digital infrastructure solutions, offering scalable computing and data processing capabilities to support enterprise and government digital transformation initiatives.

Grove

Location: Riyadh, Saudi Arabia

Funding: Raises $5M

Date: 157 days ago

Grove is a Riyadh-based AgTech startup that leverages technology to optimize and scale the fresh produce supply chain, addressing issues like inconsistent quality, limited variety, and short shelf life in Saudi Arabia.

Grove

Location: Riyadh, Saudi Arabia

Funding: secures $5 m

Date: 157 days ago

Grove is a Riyadh-based agritech startup that develops technology-driven solutions to improve agricultural productivity and sustainability, offering precision farming tools and analytics to optimize resource use and crop yields.

Governata

Location: Riyadh, Saudi Arabia

Funding: Raises $4M

Date: 163 days ago

Governata is an Arabic-first enterprise data management and governance platform that helps organizations in Saudi Arabia and the Middle East implement data governance policies, manage and secure data assets, and ensure regulatory compliance.

Aamar

Location: Riyadh, Saudi Arabia

Funding: raises $4 m

Date: 170 days ago

Aamar is a Riyadh-based proptech startup offering a digital platform to modernize Saudi Arabia’s rental market by streamlining property listings, leasing and management for landlords and tenants.

Saudi Arabia

Location: Saudi Arabia

Funding: raises $11.5 billion

Date: 171 days ago

Saudi Arabia's sovereign government raised $11.5 billion through a four-tranche dollar bond sale to finance its budgetary needs and support economic diversification plans.

National Debt Management Center

Location: Saudi Arabia

Funding: secures $13bn

Date: 174 days ago

National Debt Management Center is a Saudi government agency responsible for arranging and managing government debt, including syndicated loans, to finance power, water, and public utilities projects as part of the kingdom's medium-term debt strategy.

Rewaa

Location: Saudi Arabia

Funding: closes $45 m

Date: 175 days ago

Rewaa is a Riyadh-based retail technology startup that provides an integrated digital platform for neighborhood grocery retailers, automating procurement, inventory management, and financial services to streamline operations and drive growth.

STAMP

Location: Riyadh, Saudi Arabia

Funding: Raises $2M

Date: 214 days ago

STAMP is a Riyadh-based RegTech startup that provides digital services for business license applications, company incorporation, and post-incorporation compliance, streamlining regulatory processes for businesses.

Squadio

Location: Riyadh, Saudi Arabia

Funding: Raises $3M

Date: 242 days ago

Squadio is a Riyadh-based AI-powered remote tech talent platform that connects enterprises with pre-vetted developers and IT professionals across MENA and globally, enabling scalable and efficient hiring solutions.

Tabsense

Location: Riyadh, Saudi Arabia

Funding: Secures $45 M

Date: 247 days ago

Tabsense is a Riyadh-based fintech developing a modular digital banking platform that integrates lending, savings, and customer loyalty features to help financial institutions modernize and enhance their digital services.

Astra Nova

Location: Riyadh, Saudi Arabia

Funding: Raises $48.3 M

Date: 249 days ago

Astra Nova is a Web3 entertainment technology startup based in Riyadh, Saudi Arabia, offering an AI-driven platform that enables creators with minimal technical expertise to build interactive, blockchain-based experiences.

Spare

Location: Riyadh, Saudi Arabia

Funding: Raises $5M

Date: 282 days ago

Spare provides open banking infrastructure and API integrations that enable financial institutions and fintechs to securely access and share customer data, facilitating digital financial services across the GCC.

Spare

Location: Riyadh, Saudi Arabia

Funding: closes $5 m

Date: 283 days ago

Spare is a Riyadh-based fintech startup offering digital financial services that streamline financial management and payments for consumers and businesses in Saudi Arabia.

Tamara

Location: Saudi Arabia

Funding: Secures $2.4

Date: 283 days ago

Tamara is a Riyadh-based fintech unicorn offering buy now, pay later payment solutions that allow consumers to split purchases into interest-free installments, empowering merchants and banks with flexible digital financing options.

Tamara

Location: Saudi Arabia

Funding: lands up to $2.4

Date: 283 days ago

Tamara is a Saudi-based Shariah-compliant fintech offering buy now, pay later and asset-backed credit solutions that enable merchants to provide flexible deferred payment options to consumers.

Tamara

Location: Saudi Arabia

Funding: secures record $2.4 billion

Date: 284 days ago

Tamara is a Saudi-based fintech company offering buy now, pay later payment solutions, enabling consumers to split purchases into interest-free installments for online and in-store transactions.

Zetta Technologies

Location: Riyadh, Saudi Arabia

Funding: Raises $12 M

Date: 304 days ago

Zetta Technologies is a Riyadh-based Device-as-a-Service company that provides businesses with subscription-based access to IT hardware and lifecycle management solutions, enabling scalable device deployment and maintenance.

National Debt Management Center

Location: Riyadh, Saudi Arabia

Funding: raises $1.42bn

Date: 311 days ago

The National Debt Management Center is a Saudi government agency responsible for managing the Kingdom’s sovereign debt portfolio by issuing riyal-denominated sukuk and other debt instruments to secure funding at optimal costs.

Saudi Aramco

Location: Riyadh, Saudi Arabia

Website: saudiaramco.com

Funding: secures $5bn

Date: 388 days ago

Saudi Aramco is the national oil company of Saudi Arabia and the world’s largest integrated oil and gas producer, engaged in exploration, production, refining, and distribution of petroleum and petrochemical products.

DataVolt

Location: Saudi Arabia

Funding: Secures $1.4

Date: 406 days ago

DataVolt is a Saudi Arabian growth equity firm specializing in large-scale investments into AI and data center projects, deploying significant capital to expand AI infrastructure in the US.

DataVolt

Location: Saudi Arabia

Funding: Secures Deals Worth Nearly $2

Date: 406 days ago

DataVolt is a Saudi-backed technology initiative developing large-scale AI-focused data centers in partnership with U.S. corporates to provide high-performance computing infrastructure for advanced artificial intelligence applications.

Humain

Location: Saudi Arabia

Website: null

Funding: Secures Deals Worth Nearly $2

Date: 406 days ago

Humain is a Saudi-backed startup that develops advanced AI infrastructure and models in partnership with leading semiconductor companies like Nvidia and AMD to accelerate next-generation artificial intelligence capabilities.

WakeCap Technologies Inc.

Location: Riyadh, Saudi Arabia and San Francisco, CA

Website: wakecap.com

Funding: Raises US$28 M

Date: 409 days ago

WakeCap Technologies provides a sensor-powered intelligence and project control platform designed to enhance efficiency and safety in construction and oil and gas sectors, offering real-time insights to optimize operations.

TruBuild

Location: Riyadh, Saudi Arabia

Website: trubuild.io

Funding: Raises $1M

Date: 413 days ago

TruBuild is an AI-powered construction technology startup that provides innovative solutions aimed at enhancing efficiency and scalability in construction projects. Its AI platform helps optimize construction processes, driving cost savings and project effectiveness.

Nqoodlet

Location: Riyadh, Saudi Arabia

Website: nqoodlet.com

Funding: secures $3m

Date: 418 days ago

Nqoodlet is a fintech startup providing an integrated digital platform designed to streamline financial operations for small and medium-sized enterprises, enabling improved financial management and operational efficiency.

Erad

Location: Riyadh, Saudi Arabia

Funding: Raises $16M

Date: 421 days ago

Erad is a fintech company offering Sharia-compliant, data-driven financing solutions to bridge the funding gap for SMEs in the Gulf region.

erad

Location: Riyadh, Saudi Arabia

Website: erad.com

Funding: secures $16 m

Date: 422 days ago

erad is a Riyadh-based fintech company providing Shariah-compliant financing solutions tailored specifically for small and medium-sized enterprises (SMEs) in the MENA region. Its mission is to bridge the credit gap for SMEs, aligning with Saudi Arabia's Vision 2030 framework for economic diversification.

AviLease

Location: Saudi Arabia

Website: avilease.sa

Funding: closes $1.5bn

Date: 424 days ago

AviLease is a Riyadh-based aircraft leasing company that provides tailored leasing and financing solutions to airlines worldwide, leveraging revolving credit facilities to support fleet expansion and modernization.