Funded Information Technology Startups in Riyadh
Among the 10 most recent information technology startups listed for Riyadh, one disclosed round stands out: Unifonic’s $125M Series B on 2021-09-15.
Among the 10 most recent information technology startups listed for Riyadh, one disclosed round stands out: Unifonic’s $125M Series B on 2021-09-15. Every other disclosed amount in the table is below $50M, including Ajras’ $40M Seed on 2023-11-08, so the largest disclosed figure materially exceeds the rest of the disclosed rounds.
The dates are concentrated toward recent years, spanning 2021-09-15 to 2025-09-20, with two entries in January 2025 (Ebana $3M on 2025-01-23; String $530K on 2025-01-05). Most companies are consistently based in Riyadh (all entries shown), while funding disclosure is mixed: 3 of 10 rounds are marked undisclosed (BALLURH on 2025-09-20; Truc-King on 2024-09-01; none of the undisclosed rows have a disclosed dollar figure).
Most recent rounds
10 shownRelated listings
Frequently asked
Which disclosed round is the outlier in this Riyadh IT list, and how far above the others is it?
Unifonic’s $125M Series B (2021-09-15) is the only disclosed round above $50M. The next-largest disclosed amount is Ajras’ $40M Seed (2023-11-08), leaving a large gap versus the rest of the disclosed entries (all below $50M).
How much of the list clusters in the most recent window of time?
Within roughly the last 12 months shown, Zetta Technologies ($12M, Series A on 2025-08-26), BALLURH (undisclosed on 2025-09-20), and Ebana ($3M on 2025-01-23) are among the newest entries, with two additional January 2025 datapoints via String ($530K on 2025-01-05).
Are there multiple companies raising in the same month or near-term cadence?
January 2025 shows a mini-cluster: String closed a Pre-Seed round on 2025-01-05 for $530K, and Ebana followed with a Seed round on 2025-01-23 for $3M. The September 2024 cluster also appears with Regards ($2M on 2024-09-11) near Truc-King (undisclosed on 2024-09-01).
What stage mix dominates the disclosed rounds in this table?
Seed is the most frequent labeled stage among the 10 rows, appearing on Ebana (Seed, $3M on 2025-01-23), Regards (Seed, $2M on 2024-09-11), Ajras (Seed, $40M on 2023-11-08), and Truc-King and BALLURH (both Seed/undisclosed context) in the list. There are also earlier-stage entries like Unifonic (Series B, $125M on 2021-09-15) and Zetta Technologies (Series A, $12M on 2025-08-26).
How should analysts treat disclosure gaps when comparing round sizes here?
3 of the 10 rounds are marked undisclosed: BALLURH (2025-09-20), Truc-King (2024-09-01), and no disclosed dollar figure appears for them. Because the largest disclosed amount ($125M by Unifonic on 2021-09-15) is far above the rest of the disclosed figures, undisclosed rounds may mask additional high or mid-tier funding not visible from the dollar column.
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