Erad
PrivateLast Round
Debt
Sep 22, 2025
Est. Valuation
$1.79M
Total Funding Raised
$35.53M
Company Overview
Erad is a Riyadh-headquartered financial technology company founded in 2022 that provides alternative financing solutions for Small and Medium-sized Enterprises (SMEs) in the Middle East, primarily Saudi Arabia and the UAE. The company offers fast, flexible, and Shariah-compliant revenue-based and fixed-term financing through its data-driven platform. By connecting to a business's sales, marketing, and accounting tools, Erad's proprietary models can assess performance and provide non-dilutive funding offers, often within 48 hours. The company targets businesses in sectors such as retail, e-commerce, food and beverage, and healthcare that have been operating for at least six months. Erad is backed by prominent regional and global investors, including Y Combinator, Nuwa Capital, and VentureSouq.
Sector
FinTech
Verticals
Lending & Credit, Credit Scoring, Business Intelligence
Business Model
B2B
Customer Profile
Revenue Share, Payment Processing Fee
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Erad Comps
Public and private peers based on sector, stage, and business model.
Erad Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Debt | Sep 22, 2025 | ||||
| pre_series_a | Apr 30, 2025 | ||||
| Pre Seed | Sep 19, 2022 | ||||
| Accelerator | Jul 1, 2022 |
Key People
Founding team and executive leadership
Erad Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Nuwa Capital | Pre Seed, pre_series_a |
| Dtec | pre_series_a |
| Stride Ventures | Debt |
| Khwarizmi Ventures | Pre Seed, pre_series_a |
| Oraseya Capital | pre_series_a |
| Y Combinator | pre_series_a, Accelerator |
| VentureSouq | Pre Seed, pre_series_a |
Market signals
Structured signals derived from secondary market and firmographic data.
- Sep 29, 2025
Secured a debt financing round at Money 20/20 Middle East.
- Sep 22, 2025
Raised $33M in debt financing.
Erad Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Erad's valuation, stock price, and market status.