Alaan - About the company
Alaan is a series A company based in Dubai (United Arab Emirates), founded in 2021 by Karun Kurien and Parthi Duraisamy. It operates as a Provider of corporate card and spend management platform. Alaan has raised $55M in funding from investors like Presight Capital, Y Combinator and Global Founders Capital. The company has 3184 active competitors, including 244 funded and 187 that have exited. Its top competitors include companies like Ramp, Intuit and Vyapar.
Company Details
Provider of corporate card and spend management platform. It offers real-time visibility and control over spending, corporate cards with smart controls, and accounting automation tools. Solutions are tailored for various industries and roles, including real estate, healthcare, and logistics, as well as CEOs, CFOs, and accountants. The platform integrates with major ERP software such as Xero, QuickBooks, and NetSuite, automating expense exports. Additional features include a savings calculator and corporate tax calculator.
- Website
- www.alaan.com/
- Email ID
- *****@alaan.com
- Phone Number
- +971 **********
Key Metrics
Founded Year
2021
Location
Dubai, United Arab Emirates
Stage
Series A
Total Funding
$55M in 3 rounds
Latest Funding Round
Investors
Ranked
27th among 3184 active competitors
Employee Count
298 as on Apr 30, 2026
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Alaan's funding and investors
Alaan has raised a total funding of $55M over 3 rounds. Its first funding round was on Mar 01, 2022. Its latest funding round was a Series A round on Aug 05, 2025 for $*****. 7 investors participated in its latest round. Alaan has 7 institutional investors and 7 angel investors.
Here is the list of recent funding rounds of Alaan:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 05, 2025 | 7634230 | Series A | 5895146 | 4814017 | 4081509 | 3006385 |
Jan 14, 2023 | 2238994 | Seed | 8720452 | 5164505 | 2183714 | 8446135 |
Mar 01, 2022 | 6030084 | Seed | 6724349 | 7871278 |
View details of Alaan's funding rounds and investors
Alaan's founders and board of directors
Founder? Claim ProfileHere are the details of Alaan's key team members:
- Karun Kurien: Co-Founder of Alaan. Contact Info: 1 email address
- Parthi Duraisamy: Co-Founder & CEO of Alaan. Contact Info: 1 email address
View details of Alaan's Founder profiles and Board Members
Alaan's employee count trend
Alaan has 298 employees as of Apr 26. Here is Alaan's employee count trend over the years:
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Alaan's Competitors and alternates
Top competitors of Alaan include Ramp, Intuit and Vyapar. Here is the list of Top 10 competitors of Alaan, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Ramp 2019, New York City (United States), Series E | Provider of a platform for spend management, corporate cards, and payables | $2.44B | 85/100 | |
2nd | Intuit 1983, Mountain View (United States), Public | Provider of financial, accounting, tax preparation, and marketing automation software | - | 83/100 | |
3rd | Provider of GST billing, inventory, and accounting software for small businesses | $35.9M | 80/100 | ||
4th | App & cloud-based accounting and financial management solutions for businesses | $442M | 77/100 | ||
5th | Online accounting and invoicing solutions for SMBs | $40.9M | 77/100 | ||
6th | FreeAgent 2007, Edinburgh (United Kingdom), Acquired | Cloud-based accounting software for small businesses, freelancers, and accountants | $21.9M | 76/100 | |
7th | Xero 2006, Wellington (New Zealand), Public | Provider of accounting software and related tools for business management | - | 75/100 | |
8th | Web-based accounting software for businesses | $82.4M | 74/100 | ||
9th | Sage 1981, Newcastle Upon Tyne (United Kingdom), Public | Provider of cloud-based enterprise software solutions for accounting, finance, and people management | - | 72/100 | |
10th | Digits 1995, San Francisco (United States), Acquired | SMS based customer authentication and verification service | $97.5M | 69/100 | |
27th | Alaan 2021, Dubai (United Arab Emirates), Series A | Provider of corporate card and spend management platform | $55M | 62/100 |
Looking for more details on Alaan's competitors? Click here to see the top ones
Alaan's Investments and acquisitions
Alaan has made no investments or acquisitions yet.
Reports related to Alaan
Here is the latest report on Alaan's sector:
News related to Alaan
Media has covered Alaan for a total of 5 events in the last 1 year, 2 of them have been about company updates and 1 about partnerships.
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Alaan, Dubai-based digital banking platform Raises $48M in Series A fundingTechgist Africa•Aug 21, 2025•Alaan
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Meydan Free Zone & Alaan Partner for Smart Finance for Dubai StartupsGlobeNewswire•Aug 05, 2025•Alaan, Meydan Free Zone
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AI-powered fintech Alaan raises $48M Series A round in MENATechCrunch+•Aug 05, 2025•Alaan, Peak XV Partners, 468 Capital, Pioneer Fund and 4 others
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UAE-based fintech Alaan partners with OpenAI to offer real-time expense insightsArabian Business•Apr 06, 2023•Alaan, OpenAI
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Alaan becomes the first Middle Eastern company to integrate OpenAIMy Startup World•Apr 05, 2023•Alaan, OpenAI
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Spend Management Platform Alaan Raises $4.5m In Pre-series A Funding RoundYourStory•Jan 16, 2023•Alaan, Presight Capital, Y Combinator, Alaan
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Alaan launches UAE's first business card with up to 2pc cashbackTrade Arabia•Aug 16, 2022•Alaan, Alaan
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