Erad Technology Holding
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Erad Technology Holding - overview
Established
2022
Location
Riyadh, -, Saudi Arabia
Primary Industry
Financial Services
About
Based in Riyadh, Saudi Arabia, and founded in 2022 by co-founders Salem Abu-Hammour, Faris Yaghmour, and Youssef Said, Erad Technology Holding operates as a financial technology company that provides non-dilutive funding to startup businesses. In November 2025, Erad Technology Holding raised USD 125 million in venture debt funding led by new investor Jefferies, with participation from new investor Channel Capital. Erad Technology Holding offers an alternative growth financing platform that provides access to non-dilutive funding and evaluates the marketing, sales, and accounting activity of online businesses. The platform uses end-to-end data encryption to handle data with flexible repayment dates.
The company's client base includes Stripe, Zoho, Xero, and Shopify. The company generates revenue by charging a fixed fee on the amount of funding. The company will use the April 2025 funding for its growth and expand its operations in Saudi Arabia. Erad Technology Holding offers an alternative growth financing platform that provides access to non-dilutive funding and evaluates the marketing, sales, and accounting activity of online businesses.
The platform uses end-to-end data encryption to handle data with flexible repayment dates. The company's client base includes Stripe, Zoho, Xero, and Shopify.
Current Investors
VentureSouq, Khwarizmi Ventures, Nuwa Capital
Primary Industry
Financial Services
Sub Industries
e-Financial, Financial Services
Website
www.erad.co/
Verticals
FinTech
Total Amount Raised
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