erad
erad is a company based in Saudi Arabia. Builders in Fintech has recorded 2 equity rounds for erad, most recently a series a round of $22M on 28 September 2026.
Added ·
- $38M
- Series A · $22M · 28 September 2026
Timeline
Series A · $22M
Debt facility · Debt · $125M · Jefferies (lead)
Debt financing · Debt · $33M
Pre-Series A · $16M · Aljazira Capital, Joa Capital, Khwarizmi Ventures, Nuwa Capital, Oraseya Capital, VentureSouq, Y Combinator
People
Current
- Salem Abu-Hammour — Co-founder
- Faris Yaghmour — Co-founder
- Abdulmalik Almeheini — Co-founder
- Youssef Said — Co-founder
All funding rounds in the database
Product
Revenue-based and invoice financing for SMEs
Lending infrastructure
erad provides financing to small and medium businesses, with funding available in as little as 48 hours. Its products include revenue-based financing, invoice financing and working capital, designed to be flexible and to grow with the business. erad is licensed and its financing is Sharia compliant, and it runs a dedicated site for Saudi Arabia.
Agent access
- llms.txt
- Open
Description from the company website
Agent-Ready 2/5
- Discoverable — Can an agent find and read it?Found
- Documented — Can it understand the API without a login?Not found on 3 November 2026
- Testable — Can it try the API without a sales call?Not found on 3 November 2026
- Connectable — Can it connect directly (MCP)?Not found on 3 November 2026
- Trusted — Can it see who runs it securely?Found
Description from the company website · Source
In the news
Headlines from third-party publications, matched automatically. Links go to the original source.