Erad

Riyadh, Saudi Arabia · Founded 2022 · Privately Held (backing)

Operator of an online fund management platform intended to provide startups in the Middle East with growth capital. Erad is based in Riyadh, Saudi Arabia and was founded in 2022. It was valued at $337 million at its Series A in Sep 2026, the last priced event on record. It has raised $51.5 million across 1 recorded round; the latest was a $22 million Series A in Sep 2026.

PMV mark · valuation
$337.2M
Oct 2026
Priced at
its Series A
Sep 2026
Total raised
$51.5M
Last round
Series A
Sep 2026

Erad key facts

as of Oct 2026
  • Operator of an online fund management platform intended to provide startups in the Middle East with growth capital.
  • Erad is valued at approximately $337.2M as of Oct 2026, set at its Series A, Sep 2026; nothing has traded since, per PrivateMarketView’s mark.
  • It has raised $51.5M across 1 recorded rounds; the latest was Series A ($22.0M) in Sep 2026.
  • Notable investors include Y Combinator, 500 Global, Realm Capital Ventures, Sprint VC, VentureSouq — 20 tracked in total.
  • Status: Privately Held (backing).
PrivateMarketView mark
MEDIUM confidence
$337.2M

Valued at $337.2M at its Series A, Sep 2026. Nothing has traded since.

set by its last priced roundas of Oct 2026question about this number?
Free account
More of Erad with a free account
  • ·The post-money valuation on its round
  • ·The complete investor list: 20 names
  • ·Watch Erad: the Monday email on marks, rounds and moves
Create free account
No card required

Membership and data by Private Market View

Erad funding rounds

1 rounds
Sep 2026Series A$22.0M▮

Erad valuation

Erad was valued at $337 million at its Series A in Sep 2026. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

Recent activity

In the last 90 days, Erad's record added 1 funding round.

How much has Erad raised?

Erad has raised $51.5 million in total; 1 of its rounds is on record. The largest on record was a $22 million Series A in Sep 2026. 1 of the rounds disclosed a post-money valuation.

Erad investors

20 investors are on record for Erad, including Y Combinator, 500 Global, Realm Capital Ventures and Sprint VC. By type, the record holds 6 venture capital firms and 1 angel investor. The Series A in Sep 2026 drew 12 investors.

About Erad

Operator of an online fund management platform intended to provide startups in the Middle East with growth capital. The company allows online businesses to connect their sales, marketing, and accounting data to the platform and receive non-dilutive capital funding, enabling businesses to get access to growth funding, as well as key insights and analyses about their business to increase their profit.

Sector
Financial Services
HQ
Riyadh, Saudi Arabia
Founded
2022
Employees
31
Website
erad.co/
Ownership
Privately Held (backing)

Is this your company? Sign in with your work email to keep it current, or tell us what's wrong.