Arsann secures USD 26.7M from Merak Capital to expand smart parking and urban mobility infrastructure in Saudi Arabia.
Amount Raised
$26.7 Million
Round Type
Funding Round
JeddahSoftwareArtificial Intelligenceinformation technology & servicesInvestors
Description
Arsann has secured USD 26.7 million (SAR 100M) from Merak Capital to enhance its smart parking and mobility infrastructure. The funding will support its scaling into giga projects and participation in Vision 2030 smart city initiatives. Established in 2017, Arsann operates over 270 smart parking sites and has managed more than 10 million vehicles using innovative systems. This investment aligns with Saudi Arabia's focus on digitally managed mobility infrastructure.
Quick answer
Arsann raised $26.7 Million in a Funding Round round, dated October 22, 2025. Investors: Merak Capital. Arsann is based in Jeddah, Makkah Region, Saudi Arabia.
- How much did Arsann raise?
- Arsann raised $26.7 Million in a Funding Round round on October 22, 2025.
- Who invested in Arsann?
- Merak Capital is named as investors in this round.
- What does Arsann do?
- Arsann is the region’s leading integrated mobility solutions provider, creating thousands of jobs, operating 270+ sites and serving over 10 million vehicles through our advanced Mobility & Parking OS platform and..
- Where is Arsann based and how big is it?
- Arsann is based in Jeddah, Makkah Region, Saudi Arabia. Fundz records about 39 employees.
- Who are the decision-makers at Arsann?
- Fundz holds 1 contact at Arsann, including the Chief Executive Officer. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in information technology & services and Software around the same time
Companies in the same sectors as Arsann that raised within 45 days of this round, from Fundz verified event records.
- Cursor raised $2.3B (Funding Round) on November 13, 2025.
- Keychain raised $10M (Funding Round) on November 17, 2025.
- Lisse raised $6.5M (Series C) on November 12, 2025.
- OmniLex raised $4.5M (Seed) on November 11, 2025.
- H3 Zoom raised $1.8M (Series A) on November 11, 2025.
- Magic Patterns raised $6M (Series A) on November 11, 2025.
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Arsann raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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