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Jeel Pay: Funding, Investors & Team (Sep 2026)

Jeel Pay is a financial technology company that creates payment and collection solutions specifically designed for educational institutions.

jeel.co LinkedIn Riyadh, Saudi Arabia 51-100 employees
Total raised
$36.7M
Rounds
2
Latest
Undisclosed round
Jan 2026

Jeel Pay has raised $36.7M across 2 funding rounds on record, the most recent an undisclosed round of $30.0M announced in Jan 2026.

That round is above the $4.1M median round size for Apps companies tracked on FundedIQ over the last two years.

Jeel Pay Company Profile and Key Stats

Total funding raised
$36.7M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Undisclosed round
$30.0M in Jan 2026
Employees
51-100
reported band
Headquarters
Riyadh, Saudi Arabia

Latest funding round on record: Jan 2026.

Jeel Pay Funding Rounds

Date
Round
Amount
Undisclosed round
$30.0M
Seed
$6.7M

Jeel Pay raised $6.7M in a Seed announced in Jan 2025.

1 years later, an undisclosed round of $30.0M was announced in Jan 2026.

Jeel Pay Founders and Leadership Team

Name
Role
Contact
Badr Aldugaish
Founder

No contact details are on record for this team yet.

Jeel Pay Funding Compared to Other Apps Startups

Segment
Companies
Median round
2,426
$4.1M
237
$4.3M

Jeel Pay's latest round of $30.0M is above the median round in Apps. Medians cover the last 24 months of disclosed rounds.

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Jeel Pay Funding FAQs

What does Jeel Pay do?

Jeel Pay is a financial technology company that creates payment and collection solutions specifically designed for educational institutions.

How much funding has Jeel Pay raised?

Jeel Pay has raised $36.7M across 2 rounds on record. The most recent is an undisclosed round of $30.0M announced in Jan 2026.

When did Jeel Pay last raise funding?

Jeel Pay's most recent funding round on record is an undisclosed round of $30.0M, announced in Jan 2026.

Who founded Jeel Pay?

FundedIQ lists Badr Aldugaish (Founder) at Jeel Pay.

Where is Jeel Pay headquartered?

Jeel Pay is based in Riyadh, Ar Riyad, Saudi Arabia.

How many employees does Jeel Pay have?

Jeel Pay is in the 51-100 employee band.

How does Jeel Pay's funding compare to other Apps startups?

Jeel Pay's latest round of $30.0M is above the $4.1M median round size for Apps companies on FundedIQ across 2,426 tracked companies over the last two years.

About FundedIQ's Jeel Pay 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 Jeel Pay is left off this page rather than filled in.

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