Saudi Arabia · Series A startup

Who invested in Erad

2 rounds we have observed, with the 14 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

B2BFintech

Raised 1 month agoY Combinator: S22

Funding summaryUpdated 26 Oct 2026

$147Mraised across 2 rounds since 2025, from 3 sources

$125MDebt$22MSeries A
Latest round
Series A, $22MSept 2026
Led by
Middle East Venture Partners (MEVP)
Biggest round
$125MDebt · Nov 2025
Investors
14 (1 led)
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2026
$125MDebt$22MSeries A
First round
Debt, $125M
Nov 2025
Biggest round
$125M
Debt · Nov 2025
Between rounds
11 months
from the last two

The rounds

  1. Sept 2026
  2. Nov 2025
    Debt$125M2 new

    Source recorded

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

Y CombinatorAccelerator1round
500 GlobalAngel1round
VentureSouqVC firm1round
Nuwa CapitalVC firm1round
Aljazira CapitalWealth manager1round
Araya VenturesVC firm1round
Khwarizmi VenturesVC firm1round
ANB CapitalGrowth equity1round
Oraseya CapitalCorporate VC1round
Conjunction CapitalVC firm1round
Joa CapitalVC firm1round
S60 VenturesVC firm1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 5 firms list Erad as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

Key CapitalVC firmPer its own site
Flucas VenturesAngel networkPer its own site
Janus VenturesVC firmPer its own site
Palm VenturesVC firmPer its own site
Realm Capital VenturesVC firmPer its own site

Quick answers about Erad

Who invested in Erad?

Erad's investors include Middle East Venture Partners (MEVP), Y Combinator, 500 Global, VentureSouq and Nuwa Capital, and 9 more on record. Middle East Venture Partners (MEVP) led its latest round.

How much has Erad raised?

Erad has raised $147M across 2 rounds since 2025.

When did Erad last raise?

Erad's most recent round was a Series A of $22M in Sept 2026, led by Middle East Venture Partners (MEVP).

What was Erad's biggest round?

Erad's largest round on record is $125M (Debt), in Nov 2025.

Who backed Erad first?

Erad's first round on record, in Nov 2025, was backed by Y Combinator and VentureSouq.

What stage is Erad at?

Erad's latest named round is a Series A, in Sept 2026.

Where is Erad based?

Erad is based in Saudi Arabia.

Who led Erad's rounds?

Middle East Venture Partners (MEVP) led the Series A in 2026.

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