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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
How much has Erad raised?
$51.5Macross 1 recorded rounds · Sep 2026 – Sep 2026

Most recently, Erad raised $22.0M in its Series A (Sep 2026).

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Erad round by round

1 rounds
Sep 2026Series A$22.0M▮
+ 6 more investors · free account

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.

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Frequently asked about Erad

How much has Erad raised?
Erad has raised $51.5M in total across 1 recorded funding rounds.
When was Erad's last funding round?
Erad's most recent recorded round was Series A in Sep 2026, raising $22.0M.