Alaan: Funding, Investors & Team (Oct 2026)
Alaan is a multi-currency spend management platform enabling SMEs to digitise their business expenses by providing employees with corporate cards to make company purchases and automating the invoicing process.
Alaan has raised $7.0M across 2 funding rounds on record, the most recent a Seed of $4.5M announced in Jan 2023.
That round is below the $15M median round size for Financial Services companies tracked on FundedIQ over the last two years.
Alaan Company Profile and Key Stats
Latest funding round on record: Jan 2023.
Alaan Funding Rounds
Alaan raised $2.5M in a Seed announced in Mar 2022.
10 months later, a Seed of $4.5M was announced in Jan 2023.
Alaan Founders and Leadership Team
Contact details for the Alaan team: 2 of 2 have an email address on file.
Start 14-day free trial →Alaan Funding Compared to Other Financial Services Startups
Alaan's latest round of $4.5M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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Alaan Funding FAQs
What does Alaan do?
Alaan is a multi-currency spend management platform enabling SMEs to digitise their business expenses by providing employees with corporate cards to make company purchases and automating the invoicing process.
How much funding has Alaan raised?
Alaan has raised $7.0M across 2 rounds on record. The most recent is a Seed of $4.5M announced in Jan 2023.
When did Alaan last raise funding?
Alaan's most recent funding round on record is a Seed of $4.5M, announced in Jan 2023.
Who founded Alaan?
FundedIQ lists Karun Kurien (Founder) at Alaan.
Who is the CEO of Alaan?
Parthi Duraisamy is listed as CEO at Alaan.
Where is Alaan headquartered?
Alaan is based in Dubai, United Arab Emirates.
How many employees does Alaan have?
Alaan is in the 11-50 employee band.
How does Alaan's funding compare to other Financial Services startups?
Alaan's latest round of $4.5M is below the $15M median round size for Financial Services companies on FundedIQ across 5,752 tracked companies over the last two years.
About FundedIQ's Alaan Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Alaan is left off this page rather than filled in.
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