erad
A financing platform that provides Shariah-compliant working capital to small and medium-sized businesses in Saudi Arabia and the UAE.
$22MSeries A
ParticipantAV
Araya Ventures
Activity from announced rounds
Activity in this selectionFintech
Araya Ventures, also styled Arāya Ventures, is an investment firm whose own materials identify Aeon, Beatpulse, Comparables.ai and erad.
Recorded funding activity
The recorded history includes lead roles in Comparables.ai’s seed financing for company research and market mapping, and Aeon’s seed extension for preventive health check-ups. Erad provides Shariah-compliant working capital to businesses in Saudi Arabia and the UAE. These events retain their individual company purposes and participation roles.
- Rounds participated in
- 2
- Confirmed lead rounds
- 0 1 roles undisclosed
- New companies
- 2 First participation on record · 0 follow-on
- Funding in participating rounds
- $27.8M 2 disclosed · full round size, not this investor’s share