# Erad funding: rounds and investors > Erad has raised $147M across 2 rounds since 2025. Investors include Middle East Venture Partners (MEVP), Y Combinator and 500 Global. Source: https://millionrounds.com/company/erad (Millionrounds; every figure on the page links to its filing or article) Saudi Arabia · [Series A startup](https://millionrounds.com/companies) # 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. B2B Fintech Raised 1 month ago Y Combinator: S22 Funding summary Updated 26 Oct 2026 **$147M** raised across 2 rounds since 2025, from 3 sources **$125M** Debt **$22M** Series A - **Latest round:** Series A, $22M Sept 2026 - **Led by:** Middle East Venture Partners (MEVP) - **Biggest round:** $125M Debt · 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 **$125M** Debt **$22M** Series A - **First round:** Debt, $125M - **Biggest round:** $125M - **Between rounds:** 11 months ## The rounds - **Sept 2026** Series A **$22M** *12 new* [Middle East Venture Partners (MEVP)](https://millionrounds.com/fund/middle-east-venture-partners-mevp) Lead [500 Global](https://millionrounds.com/fund/500-startups) [Nuwa Capital](https://millionrounds.com/fund/nuwa-capital) [Aljazira Capital](https://millionrounds.com/fund/al-jazira-capital) [Araya Ventures](https://millionrounds.com/fund/araya-ventures) [Khwarizmi Ventures](https://millionrounds.com/fund/khwarizmi-ventures) [ANB Capital](https://millionrounds.com/fund/anb-capital) [Oraseya Capital](https://millionrounds.com/fund/oraseya-capital) [Conjunction Capital](https://millionrounds.com/fund/conjunction-capital) [Joa Capital](https://millionrounds.com/fund/joa-capital) [Saudi Venture Capital](https://millionrounds.com/fund/saudi-venture-capital) [S60 Ventures](https://millionrounds.com/fund/s60-ventures) Reported by Wamda and 1 other - **Nov 2025** Debt **$125M** *2 new* [Y Combinator](https://millionrounds.com/fund/y-combinator) [VentureSouq](https://millionrounds.com/fund/venturesouq) 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. **Debt** 2025 **Series A** 2026 [Middle East Venture Partners (MEVP)](https://millionrounds.com/fund/middle-east-venture-partners-mevp) L [Y Combinator](https://millionrounds.com/fund/y-combinator) [500 Global](https://millionrounds.com/fund/500-startups) [VentureSouq](https://millionrounds.com/fund/venturesouq) [Nuwa Capital](https://millionrounds.com/fund/nuwa-capital) [Aljazira Capital](https://millionrounds.com/fund/al-jazira-capital) [Araya Ventures](https://millionrounds.com/fund/araya-ventures) [Khwarizmi Ventures](https://millionrounds.com/fund/khwarizmi-ventures) [ANB Capital](https://millionrounds.com/fund/anb-capital) [Oraseya Capital](https://millionrounds.com/fund/oraseya-capital) ## Everyone who backed them [Middle East Venture Partners (MEVP)](https://millionrounds.com/fund/middle-east-venture-partners-mevp) VC firm **1** round, led 1 [Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **1** round [500 Global](https://millionrounds.com/fund/500-startups) Angel **1** round [VentureSouq](https://millionrounds.com/fund/venturesouq) VC firm **1** round [Nuwa Capital](https://millionrounds.com/fund/nuwa-capital) VC firm **1** round [Aljazira Capital](https://millionrounds.com/fund/al-jazira-capital) Wealth manager **1** round [Araya Ventures](https://millionrounds.com/fund/araya-ventures) VC firm **1** round [Khwarizmi Ventures](https://millionrounds.com/fund/khwarizmi-ventures) VC firm **1** round [ANB Capital](https://millionrounds.com/fund/anb-capital) Growth equity **1** round [Oraseya Capital](https://millionrounds.com/fund/oraseya-capital) Corporate VC **1** round [Conjunction Capital](https://millionrounds.com/fund/conjunction-capital) VC firm **1** round [Joa Capital](https://millionrounds.com/fund/joa-capital) VC firm **1** round [Saudi Venture Capital](https://millionrounds.com/fund/saudi-venture-capital) VC firm **1** round [S60 Ventures](https://millionrounds.com/fund/s60-ventures) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=erad). ## 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 Capital](https://millionrounds.com/fund/key-capital) VC firm Per its own site [Flucas Ventures](https://millionrounds.com/fund/flucas-ventures) Angel network Per its own site [Janus Ventures](https://millionrounds.com/fund/janus-ventures) VC firm Per its own site [Palm Ventures](https://millionrounds.com/fund/palm-ventures-2) VC firm Per its own site [Realm Capital Ventures](https://millionrounds.com/fund/realm-capital-ventures) VC firm Per 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. ## Companies like Erad In the same sector, and raised in the last eighteen months. [**Ghanem** $1.5M · Oct 2026](https://millionrounds.com/company/ghanem)[**Funding Souq** Oct 2026](https://millionrounds.com/company/funding-souq)[**Autobia** $12M · Oct 2026](https://millionrounds.com/company/autobia)[**TalMal** Sept 2026](https://millionrounds.com/company/talmal)[**Rize** $86M · Sept 2026](https://millionrounds.com/company/rize)[**barq** $330M · Sept 2026](https://millionrounds.com/company/barq) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app