Seed Funded Startups in Saudi Arabia
Disclosed seed rounds in this Saudi Arabia list cluster tightly at the low-to-mid single-digit millions, but one outlier stands out: Ajras raised $40M on 2…
Disclosed seed rounds in this Saudi Arabia list cluster tightly at the low-to-mid single-digit millions, but one outlier stands out: Ajras raised $40M on 2023-11-08, dwarfing the next-largest disclosed amounts in the table (Ejari at $15M on 2024-10-09 and Al-Menu at $10M on 2024-10-02). Smaller rounds also reveal a floor: the smallest disclosed amount is $330K (Darwinz AI on 2025-06-17), while undisclosed amounts appear alongside disclosed ones (Workey 2025-11-14; several others through 2023).
Geographically, the concentration is Riyadh-linked: most entries list Riyadh or a Riyadh-area variant (e.g., Riyadh, Ar Riyad) alongside a smaller set from Jeddah/Makkah (e.g., Al-Menu on 2024-10-02; Kitchenara on 2024-12-01) and Thuwal/Ha’il (SARsatX on 2025-05-20). Temporally, rounds span from 2023-11-08 to the most recent 2025-11-26 (Strataphy), with notable density in late 2024 through mid-2025 (for example, multiple $3M rounds in early 2024 and several $2M–$5M rounds across 2025-09 to 2025-11). Sector-wise, Information Technology and FinTech/Financial Services recur across multiple entries, while AI shows up repeatedly alongside them.
Most recent rounds
50 shownRelated listings
Frequently asked
What are the size extremes in these disclosed seed rounds, and how does the largest one compare?
Ajras’s $40M round on 2023-11-08 is the only disclosed entry in the $40M range and far exceeds the next-largest disclosed rounds: Ejari at $15M (2024-10-09) and Al-Menu at $10M (2024-10-02). At the other end, the smallest disclosed amount is $330K for Darwinz AI on 2025-06-17.
Do undisclosed amounts materially affect how analysts interpret this list’s distribution?
Undisclosed seed amounts appear multiple times (e.g., Workey on 2025-11-14; BALLURH on 2025-09-20; Omniful on 2023-12-01), interspersed with disclosed rounds like Strataphy’s $6M (2025-11-26) and Jeel Pay’s $7M (2025-01-06). This means comparisons of “largest” and “smallest” should be limited to disclosed figures, as the floor/ceiling ignore the undisclosed entries.
Are there clear city or regional concentrations, or is the geography evenly spread?
The list is heavily Riyadh-centered because many entries use “Riyadh” or “Ar Riyad,” including Ghanem ($7M, 2025-11-23) and Jeel Pay ($7M, 2025-01-06). Non-Riyadh locations cluster more visibly in Jeddah/Makkah (e.g., Al-Menu $10M on 2024-10-02; Kitchenara undisclosed on 2024-12-01) and in specific points like Thuwal/Ha’il (SARsatX $3M, 2025-05-20).
Which segments repeat often enough to form working clusters for outreach or diligence?
Information Technology and FinTech/Financial Services recur across multiple entries, often alongside B2B Software or analytics labels. For example, Information Technology appears in Squadio ($3M, 2025-10-28), Regards ($2M, 2024-09-11), and Truc-King (undisclosed, 2024-09-01), while FinTech/Financial Services appears in Stream ($4M, 2025-11-04), LDUN ($5M, 2025-09-19), and Spare ($3M, 2023-12-20).
Which timeline edges are most useful for sourcing momentum, based on the round dates shown?
Rounds run from Ajras on 2023-11-08 through the most recent listed round on 2025-11-26 (Strataphy). If prioritizing recent signals, the late-2025 window (2025-11-21 to 2025-11-26) includes multiple disclosed rounds—Strataphy $6M (2025-11-26), Ghanem $7M (2025-11-23), and SahmAlgo $1M (2025-11-21)—plus undisclosed activity (Workey undisclosed, 2025-11-14).
Know which startups just got funded. Every week.
Fresh funding rounds, new companies, and the sectors moving fastest — in your inbox every Monday morning.
Free. Sent every Monday. Unsubscribe anytime.