Erad: Funding, Investors & Team (Oct 2026)
Erad provides financing solutions for small and medium-sized businesses, including working capital, receivables, and supplier financing.
Erad has raised $22.0M across 1 funding round on record, the most recent a Series A of $22.0M announced in Sep 2026.
That round is above the $4.8M median round size for Saudi Arabia companies tracked on FundedIQ over the last two years.
Erad Company Profile and Key Stats
Latest funding round on record: Sep 2026.
Erad Funding Rounds
Erad Investors
22 investors are recorded in total; the 5 named above are those the record identifies.
Erad Founders and Leadership Team
Contact details for the Erad team: 2 of 2 have an email address on file, 2 have a LinkedIn profile.
Start 14-day free trial →Erad Funding in Context
Erad's latest round of $22.0M is above the median round in Saudi Arabia. Medians cover the last 24 months of disclosed rounds.
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Erad Funding FAQs
What does Erad do?
Erad provides financing solutions for small and medium-sized businesses, including working capital, receivables, and supplier financing.
How much funding has Erad raised?
Erad has raised $22.0M across 1 round on record. The most recent is a Series A of $22.0M announced in Sep 2026.
When did Erad last raise funding?
Erad's most recent funding round on record is a Series A of $22.0M, announced in Sep 2026.
Who has invested in Erad?
Investors on record for Erad include 500 Global, Y Combinator, Oraseya Capital, Nuwa Capital, Stride Ventures. FundedIQ records 22 investors in total.
Who founded Erad?
FundedIQ lists Faris Yaghmour (Co-Founder & CCO), Salem Abu-Hammour (Co-Founder & CEO) at Erad.
Where is Erad headquartered?
Erad is based in Riyadh, Saudi Arabia.
How many employees does Erad have?
Erad is in the 11-50 employee band.
When was Erad founded?
Erad was founded in 2022.
About FundedIQ's Erad 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 Erad is left off this page rather than filled in.
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