Drahim Overview

  • Year Founded
  • 2021

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 29

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $22.2M

Drahim General Information

Description

Developer of a financial planning platform designed to manage all accounts and transactions from one place. The company's platform customizes the budget according to spending categories and schedules recurring operations, enabling users to get suggestions on how to save money and budget their finances better and help them grow their wealth by investing their savings using auto investment.

Contact Information

Website
drahim.sa
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • King Abdullah Financial District (KAFD)
  • Building 5.07, 2822
  • Riyadh
  • Saudi Arabia
+966 053
Primary Industry
Other Financial Services
Other Industries
Financial Software
Parent Company
Al Rajhi Banking and Investment
Vertical(s)
FinTech, Mobile
Corporate Office
  • King Abdullah Financial District (KAFD)
  • Building 5.07, 2822
  • Riyadh
  • Saudi Arabia
+966 053

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Drahim Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Merger/Acquisition 01-Jun-2024 $22.2M Completed Generating Revenue
4. Early Stage VC 21-Oct-2022 Completed Generating Revenue
3. Accelerator/Incubator 30-May-2022 Completed Generating Revenue
2. Accelerator/Incubator 14-Apr-2022 $50K Completed Generating Revenue
1. Accelerator/Incubator 01-Jan-2021 $50K $50K Completed Generating Revenue
To view Drahim’s complete valuation and funding history, request access »

Drahim Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Drahim Former Investors (5)

Investor Name Investor Type Holding Investor Since Participating Rounds
Goodwater Capital Venture Capital Minority
Sanabil 500 MENA Seed Accelerator Accelerator/Incubator
Sanabil Investments Growth/Expansion Minority
Techstars Accelerator/Incubator Minority
Y Combinator Accelerator/Incubator Minority
To view Drahim’s complete investors history, request access »

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Drahim FAQs

  • When was Drahim founded?

    Drahim was founded in 2021.

  • Where is Drahim headquartered?

    Drahim is headquartered in Riyadh, Saudi Arabia.

  • What is the size of Drahim?

    Drahim has 29 total employees.

  • What industry is Drahim in?

    Drahim’s primary industry is Other Financial Services.

  • Is Drahim a private or public company?

    Drahim is a Private company.

  • What is the current valuation of Drahim?

    The current valuation of Drahim is .

  • What is Drahim’s current revenue?

    The current revenue for Drahim is .

  • How much funding has Drahim raised over time?

    Drahim has raised $550K.

  • Who are Drahim’s investors?

    Goodwater Capital, Sanabil 500 MENA Seed Accelerator, Sanabil Investments, Techstars, and Y Combinator have invested in Drahim.

  • When was Drahim acquired?

    Drahim was acquired on 01-Jun-2024.

  • Who acquired Drahim?

    Drahim was acquired by Al Rajhi Banking and Investment.

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