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pc:eradx

erad

Lending & Credit
erad is a Riyadh-based fintech company providing Shariah-compliant working capital financing to small and medium-sized enterprises in Saudi Arabia and the UAE. The company uses proprietary AI models to assess business creditworthiness and enable rapid financing for inventory purchases, fleet expansion, and other growth needs.

Leadership & Board

Currently, no data available

Latest Estimated Valuation

Estimated Valuation―
Estimated Valuation―
Total Amount Raised$22M
Total Amount Raised$22M
Total Funding Rounds1
Total Funding Rounds1
Latest Funding Amount$22M
Latest Funding Amount$22M
Latest Funding RoundSeries A
Latest Funding RoundSeries A
Post-Money Valuation―
Post-Money Valuation―

Main Enterprise Clients

A snapshot of major enterprise customers that use this private company’s products or services, highlighting its commercial reach and market adoption.
1.WMTWalmart Inc
2.HDThe Home Depot Inc
3.LOWLowe's Companies Inc
4.TGTTarget Corporation
5.AMZNAmazoncom Inc
6.Best Buy Co Inc
Best Buy Co Inc
1.WMTWalmart Inc
2.HDThe Home Depot Inc
3.LOWLowe's Companies Inc
4.TGTTarget Corporation
5.AMZNAmazoncom Inc
6.Best Buy Co Inc
Best Buy Co Inc

Funding Round

Funding Date
Funding Round
Amount Raised
Post-Money Valuation
Sep 29, 2026
Series A
$22.00M
―

Investors

Investor Name
Funding Round
500 Global
Series A
Saudi Venture Capital Company (SVC)
Series A
S60 Ventures
Series A
ANB Capital
Series A
Conjunction Capital
Series A
Arāya Ventures
Series A
Khwarizmi Ventures
Series A
Nuwa Capital
Series A

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