Recently Funded Startups in Saudi Arabia
Updated Oct 2026
Funded startups in Saudi Arabia number 248 in FundedIQ, tracked with their funding rounds, amounts, investors, industries, locations and company details. This page provides an overview of the startup funding landscape in Saudi Arabia, along with the 100 most recently funded startups in the country.
Startups in Saudi Arabia closed 161 funding rounds over the last 24 months, 82 of them in the last 12 months, and raised $5.8B in disclosed capital. The median disclosed round is $4.8M, with the middle half of rounds falling between $1.5M and $24M. Financial Services, Artificial Intelligence and Commerce and Shopping hold the most companies by sector. Riyadh and Jeddah hold the deepest concentrations of funded startups in the country.
Riyadh dominates the geography while early stage checks define the capital profile. Local venture firms and sovereign wealth vehicles drive the activity. This concentration of institutional backing means founders have deep pockets and high expectations. Those targeting these startups will find a professionalized class of entrepreneurs who prioritize scale over slow growth.
Saudi Arabia funded startup statistics
Most recent funding round on record: Sep 2026. Investors appearing most often across Saudi Arabia funding rounds: 500 Global, Elm, Impact46, BECO Capital, Oqal.
100 most recently funded startups in Saudi Arabia
100 of 248Ordered by the date of the latest funding round. Each row gives the company, its location and industry, what it does, the stage and date of that round, and the disclosed amount.
148 more funded startups
This page shows the 100 most recent rounds (back to Jul 2025). The full 248-company history for this listing opens on a FundedIQ plan.
Unlock all 248 companies in this listing: full funding history, investors, and founders.
Saudi Arabia startup funding trends
Funding activity
Startups in Saudi Arabia closed 161 funding rounds over the last 24 months, 82 of them in the last 12, adding up to $5.8B in disclosed capital.
Round sizes
The median disclosed round is $4.8M, with the middle half running from $1.5M to $24M. 123 of 161 rounds disclosed an amount.
Sectors
Financial Services, Artificial Intelligence and Commerce and Shopping hold the most companies, led by Financial Services at 36. The most common headcount band across the segment is 11-50.
Investors
500 Global, Elm and Impact46 appear most often across funded startups in Saudi Arabia on record.
Industries with the most funded startups in Saudi Arabia
Sector counts across all 248 tracked companies in Saudi Arabia. A company assigned more than one industry is counted in each.
Where are funded startups located in Saudi Arabia?
Where funded startups in Saudi Arabia are based, by the city on the company record.
Top investors in Saudi Arabia startups
The investors named most often across funded startups in Saudi Arabia.
Counts companies in this segment that name the firm as a backer. Investor names entered the pipeline in July 2026, so they cover the companies funded since.
Funding stages in Saudi Arabia
How the last 24 months of funding rounds for funded startups in Saudi Arabia break down by stage.
A further 54 rounds in this period were announced without a stage label and are not ranked above.
About the FundedIQ Saudi Arabia startup funding data
FundedIQ tracks announced startup funding rounds and organises them by company, funding date, stage, amount, industry, location and investor. The dataset is refreshed weekly, and new rounds are normalised and de-duplicated before they are published, so the same round reported twice on different dates is recorded once.
Figures on this page cover the 248 funded startups in Saudi Arabia currently tracked. Round counts, capital totals and the median round are computed over a trailing 24 months. Rounds whose amount was not disclosed (38 of 161 in that period) are counted as rounds but excluded from capital totals and from the median. The most recent round on record for funded startups in Saudi Arabia is dated Sep 2026.
The table above shows the 100 most recently funded companies. Full funding histories, investor lists and founder contacts across the whole dataset open on a FundedIQ plan.
Frequently asked questions
How many funded startups are there in Saudi Arabia?
FundedIQ tracks 248 funded startups in Saudi Arabia. This page lists the 100 most recently funded of them, ordered by the date of their latest round, and the full set is available on a FundedIQ plan.
How much funding have startups in Saudi Arabia raised?
Startups in Saudi Arabia tracked by FundedIQ have raised $5.8B in disclosed capital across 161 funding rounds over the last 24 months, including 82 rounds in the last 12 months. 123 of those 161 rounds disclosed an amount; undisclosed rounds are excluded from the capital total.
What industries have the most funded startups in Saudi Arabia?
Financial Services has the most, with 36 companies, followed by Artificial Intelligence (35), Commerce and Shopping (24) and Information Technology (17). Sector counts include every company assigned that industry, and a company can carry more than one.
Which cities have the most funded startups in Saudi Arabia?
Riyadh leads with 194 companies, then Jeddah (26), Al Khobar (7) and Dammam (5).
Which investors back the most startups in Saudi Arabia?
500 Global, Elm, Impact46, BECO Capital and Oqal appear most often across funded startups in Saudi Arabia in the FundedIQ dataset. The count is the number of tracked companies naming each firm as a backer, so it reflects the companies on record rather than every deal a firm has ever done.
What is a typical funding round size for startups in Saudi Arabia?
The median disclosed round over the last 24 months is $4.8M, and the middle half of rounds fall between $1.5M and $24M. Round sizes vary widely by stage, so the seed and later-stage bands sit well either side of that figure.
What is the most common funding stage for startups in Saudi Arabia?
Seed is the most common labelled stage, with 49 rounds in the last 24 months, ahead of Pre-Seed (34) and Series A (18). A further 54 rounds were announced without a stage label and are not counted here.
How often is the Saudi Arabia startup funding data updated?
The dataset is refreshed weekly. New rounds are normalised and de-duplicated before they are published, and the most recent round currently on record for funded startups in Saudi Arabia is dated Sep 2026. Counts and totals on this page are recomputed on every refresh.
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