Funded Information Technology Startups in Saudi Arabia
Across the 13 most recent information technology rounds in Saudi Arabia, Ajras’ Seed round of $40M (dated 2023-11-08) is the largest disclosed amount and i…
Across the 13 most recent information technology rounds in Saudi Arabia, Ajras’ Seed round of $40M (dated 2023-11-08) is the largest disclosed amount and it materially exceeds the rest of the disclosed values, which mostly sit well below $10M (for example, Zetta Technologies’ $12M on 2025-08-26 and Unifonic’s $125M on 2021-09-15 are the other clear high points). Undisclosed amounts appear frequently (4 of 13: BALLURH on 2025-09-20, Truc-King on 2024-09-01, Darent on 2023-11-10, and Near Motion on 2021-05-07), which makes disclosed-size comparisons especially sensitive to the few large entries.
Dates cluster in bursts rather than evenly: five rounds fall between 2024-09-01 and 2025-02-26 (String $530K on 2025-01-05; Ebana $3M on 2025-01-23; CQR $3M on 2025-02-26; plus Regards $2M on 2024-09-11 and Truc-King/undisclosed on 2024-09-01). Geography is concentrated in Riyadh (9 of 13 rows), with Jeddah appearing once (Darent, 2023-11-10) and Khobar appearing twice (CQR, 2025-02-26; Near Motion, 2021-05-07).
Most recent rounds
13 shownRelated listings
Frequently asked
What is the largest disclosed IT round in this Saudi Arabia list, and how does it compare to the other disclosed amounts?
Unifonic’s Series B round of $125M (2021-09-15) is the largest disclosed amount, dwarfing the next-largest disclosed values such as Ajras’ $40M (2023-11-08) and Zetta Technologies’ $12M (2025-08-26). Most other disclosed rounds are clustered in the $2M–$3M range or lower (e.g., Regards $2M on 2024-09-11; Ebana $3M on 2025-01-23; CQR $3M on 2025-02-26).
Where do the rounds cluster temporally within the 13 rows shown?
A visible cluster spans late 2024 to early 2025: Regards ($2M, 2024-09-11) and Truc-King (undisclosed, 2024-09-01) precede a run that includes String ($530K, 2025-01-05), Ebana ($3M, 2025-01-23), and CQR ($3M, 2025-02-26). Earlier activity also clusters in mid-to-late 2023, with Baeynh ($130K, 2023-06-12) and then Ajras ($40M, 2023-11-08) plus Darent (undisclosed, 2023-11-10) landing within the same quarter.
Is Riyadh over-represented compared with other cities in these IT rounds?
Yes. Riyadh accounts for 9 of 13 rows (e.g., Zetta Technologies $12M on 2025-08-26; String $530K on 2025-01-05; Unifonic $125M on 2021-09-15), while Khobar appears twice (CQR, 2025-02-26; Near Motion, 2021-05-07). Jeddah appears once (Darent, undisclosed on 2023-11-10), so most disclosed and undisclosed activity shown is Riyadh-centric.
How concentrated are disclosed vs undisclosed round amounts in this dataset?
Undisclosed amounts show up in 4 of 13 rows (BALLURH on 2025-09-20; Truc-King on 2024-09-01; Darent on 2023-11-10; Near Motion on 2021-05-07). This means size-based comparisons rely heavily on a smaller set of disclosed rounds like Unifonic ($125M, 2021-09-15) and Ajras ($40M, 2023-11-08).
Which stage labels dominate, and where are the notable stage outliers?
Seed is the most common explicit stage in the rows shown (e.g., Ajras $40M on 2023-11-08; CQR $3M on 2025-02-26; Ebana $3M on 2025-01-23; Regards $2M on 2024-09-11). The clearest outliers by stage are Unifonic’s Series B ($125M on 2021-09-15) and Zetta Technologies’ Series A ($12M on 2025-08-26), both substantially larger than the typical Seed disclosed amounts in this list.
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