Alaan

Raised $48M in a Series A round, announced 5 August 2025.

Total raised
$48M

Latest round Series ACountry United Arab EmiratesSector AI

Round

$48MSeries A, 5 August 2025

Funds expand in Saudi Arabia, hire across sales and compliance, and deepen AI finance automation.

Amount
$48M
Stage
Series A
Announced
5 August 2025
Lead
Peak XV Partners
Other investors
885 Capital, Y Combinator, 468 Capital, Pioneer Fund
Use of funds
Funds expand in Saudi Arabia, hire across sales and compliance, and deepen AI finance automation.
Checked
Amount and date matched across 3 press sources
Sources
AI-powered fintech Alaan raises $48M, one of the largest Series A rounds in MENA - TechCrunch techcrunch.com
AI-powered fintech Alaan raises $48M, one of the largest Series A rounds in MENA techcrunch.com
AI-powered fintech Alaan raises $48M, one of the largest Series A rounds in MENA - TechCrunch techmoran.com
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Company

Spend management platform with corporate cards and AI reconciliation for Middle East finance teams

Based in
Dubai, United Arab Emirates
Sector
AI
Website
alaan.com ↗

Links

Website
alaan.com ↗

Questions

How much has Alaan raised?

Alaan raised $48M in a Series A round, announced on 5 August 2025.

Who invested in Alaan?

Peak XV Partners led. Investors include Peak XV Partners, 885 Capital, Y Combinator, 468 Capital and Pioneer Fund.