Amount Raised
ر.س18.1 Million
Round Type
Series A
RiyadhFinancial ServicesInvestors
Description
Abyan Capital, a Saudi Arabia-based robo-advisory firm, closed a $18.1 million Series A funding round led by STV, with participation from Wa’ed Ventures and RZM Investment. The funds will be utilized to enhance its platform, expand its suite of financial products, and accelerate market penetration.
Quick answer
Abyan Capital raised ر.س18.1 Million in a Series A round, dated May 2, 2024. Investors: RZM Investment, Wa’ed Ventures and Stv. Abyan Capital is based in Riyadh, Riyadh Region, Saudi Arabia.
- How much did Abyan Capital raise?
- Abyan Capital raised ر.س18.1 Million in a Series A round on May 2, 2024.
- Who invested in Abyan Capital?
- RZM Investment, Wa’ed Ventures and Stv are named as investors in this round.
- What does Abyan Capital do?
- Abyan is a robo advisor targeting the complete automation of investment and saving.
- Where is Abyan Capital based and how big is it?
- Abyan Capital is based in Riyadh, Riyadh Region, Saudi Arabia.
- Who are the decision-makers at Abyan Capital?
- Fundz holds 1 contact at Abyan Capital. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services around the same time
Companies in the same sectors as Abyan Capital that raised within 45 days of this round, from Fundz verified event records.
- Slice raised $20M (Debt Financing) on June 15, 2024.
- Spiko raised $4.3M (Pre-Seed) on June 14, 2024.
- CleverCards raised $8.6M on June 14, 2024.
- BayaniPay raised $3M (Seed) on June 13, 2024.
- AccountsIQ raised $65M (Series C) on June 13, 2024.
- Aidentified raised $13M (Series B) on June 12, 2024.
Who to call at Abyan Capital, and when
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- An alert the day Abyan Capital raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Abyan Capital, from your own LinkedIn network
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Funding Insights
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