FundedIQ
Financial Services

Baraka: Funding, Investors & Team (Oct 2026)

A commission-free investment app for the Middle East is called Baraka. With as little as $1, invest in hundreds of US stocks and ETFs with investingempowered.com. controlled by the DFSA

getbaraka.com LinkedIn Dubai, United Arab Emirates 51-100 employees
Total raised
$24.0M
Rounds
2
Latest
Series A
Nov 2022

Baraka has raised $24.0M across 2 funding rounds on record, the most recent a Series A of $20.0M announced in Nov 2022.

That round is above the $15M median round size for Financial Services companies tracked on FundedIQ over the last two years.

Baraka Company Profile and Key Stats

Total funding raised
$24.0M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Series A
$20.0M in Nov 2022
Employees
51-100
reported band
Headquarters
Dubai, United Arab Emirates

Latest funding round on record: Nov 2022.

Baraka Funding Rounds

Date
Round
Amount
Series A
$20.0M
Seed
$4.0M

Baraka raised $4.0M in a Seed announced in Aug 2021.

1.3 years later, a Series A of $20.0M was announced in Nov 2022.

Baraka Founders and Leadership Team

Name
Role
Contact
Feras Jalbout
CEO
Locked

Contact details for the Baraka team: 1 of 1 has an email address on file.

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Baraka Funding Compared to Other Financial Services Startups

Segment
Companies
Median round

Baraka's latest round of $20.0M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Baraka in Financial Services and Dubai

Companies Similar to Baraka

Baraka Funding FAQs

What does Baraka do?

A commission-free investment app for the Middle East is called Baraka. With as little as $1, invest in hundreds of US stocks and ETFs with investingempowered.com. controlled by the DFSA

How much funding has Baraka raised?

Baraka has raised $24.0M across 2 rounds on record. The most recent is a Series A of $20.0M announced in Nov 2022.

When did Baraka last raise funding?

Baraka's most recent funding round on record is a Series A of $20.0M, announced in Nov 2022.

Who is the CEO of Baraka?

Feras Jalbout is listed as CEO at Baraka.

Where is Baraka headquartered?

Baraka is based in Dubai, United Arab Emirates.

How many employees does Baraka have?

Baraka is in the 51-100 employee band.

How does Baraka's funding compare to other Financial Services startups?

Baraka's latest round of $20.0M is above the $15M median round size for Financial Services companies on FundedIQ across 5,752 tracked companies over the last two years.

About FundedIQ's Baraka 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 Baraka is left off this page rather than filled in.

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