About Erad
Erad is a company based in Riyadh (Saudi Arabia) founded in 2022 by Faris Yaghmour, Youssef Said, and Salem Abu Hammour. Erad has raised $18.63 million across 5 funding rounds from investors including AlJazira Capital, Y Combinator and Nuwa Capital. Erad operates in a competitive market with competitors including Teamshares, SeedLegals, CrossLend, DealCloud and Finalis, among others.
- Headquarter Riyadh, Saudi Arabia
- Founders Faris Yaghmour, Youssef Said, Salem Abu Hammour
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Sectors
Technology
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$18.63 M (USD)
in 5 rounds
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Latest Funding Round
$125 M (USD), Debt – Conventional
Nov 27, 2025
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Investors
AlJazira Capital
& 9 more
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Employee Count
Not available
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Funding Insights of Erad
Erad has successfully raised a total of $18.63M across 5 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $125 million completed in November 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Erad
Erad has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include AlJazira Capital, Y Combinator and Nuwa Capital.
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Early-stage startups are accelerated via funding and educational programs.
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Venture capital firm focused on multiple sectors
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Early-stage MENA startups across sectors are invested in.
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Investor details for Erad
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Investments & Acquisitions by Erad
Investment portfolio details for Erad
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Financial Statements - Erad
Detailed financials for Erad
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Erad Comparisons
Peer comparison for Erad
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Competitors of Erad
Erad operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Teamshares, SeedLegals, CrossLend, DealCloud and Finalis, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Solutions to sell small businesses
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Deal management software is offered for agreements and investments.
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Loans are securitized to link originators with institutional investors.
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Deal-flow management tools are offered for alternative investment firms.
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Dealmaking platform with compliant workflows and dealmaker network is offered.
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Cloud-based platform for managing deals, documents, and investors is provided.
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Detailed competitors of Erad
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Latest news on Erad
Complete news archive for Erad
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Frequently Asked Questions about Erad
Erad was founded in 2022.
Erad is headquartered in Riyadh, Saudi Arabia.
Salem Abu Hammour is the current CEO of Erad. They have also founded this company.
Erad is a funded company, having raised a total of $18.63M across 5 funding rounds to date.
Erad was founded in 2022 in Riyadh, Saudi Arabia, as an online fund management platform targeted at startups and businesses. Analytics from users are integrated to generate funding offers for non-dilutive capital. Access to growth-oriented investments is enabled, alongside flexible repayment structures. Operations focus on the fintech sector, supporting business expansion in the region.
Erad's top competitors include SeedLegals, Teamshares and Finalis.
Erad has 10 investors. Key investors include AlJazira Capital, Y Combinator, Nuwa Capital, Khwarizmi Ventures, and VentureSouq.