When was Rakeez founded?

Rakeez was founded in 2022 and raised its 1st funding round 2 years after it was founded.

Where is Rakeez located?

Rakeez is headquartered in Riyadh, Saudi Arabia.

Who is the current CEO of Rakeez?

Saeed AlAhmari of Rakeez. They have also founded 1 company.

How many employees does Rakeez have?

As of Sep 30, 2026, the latest employee count at Rakeez is 13.

Is Rakeez a funded company?

Rakeez is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Mar 11, 2024.

When was the latest funding round of Rakeez?

Rakeez's latest funding was a $***** Seed round on Mar 11, 2024, with participation from 1 investor.

Where does Rakeez rank among its competitors?

Rakeez ranks 79th amongst 570 active competitors, of which 6 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Zed, which secured $16.5M in Dec, 2025.

Who are the top competitors of Rakeez?

Rakeez's top competitors include MNS Credit Management Group, Kruk and Brown & Joseph. Among them, Zed secured the most recent funding round in December, 2025.

Rakeez - 2026 Company Profile, Team, Funding & Competitors

Rakeez is a seed company based in Riyadh (Saudi Arabia), founded in 2022 by Saeed AlAhmari. It operates as a Provider of financial services and investment opportunities through sukuk issuance solutions. Rakeez has raised $2M in funding from Core Vision. The company has 570 active competitors, including 6 funded and 48 that have exited. Its top competitors include companies like MNS Credit Management Group, Kruk and Brown & Joseph.

Company Details

Rakeez Capital is a Saudi-based financial technology company that specializes in providing debt instruments and sukuk issuance solutions. They recently closed a $2 million Seed investment round led by Core Vision, aiming to support financial technology services in Saudi Arabia. With a focus on automated Sukuk issuance platforms, Rakeez Capital is a key player in the fintech industry in the region.

Website: rakeez.sa
Social
Email ID: *****@rakeez.sa
Phone Number: +966 **********

Key Metrics

Founded Year

2022

Location

Riyadh, Saudi Arabia

Stage

Seed

Total Funding

$2M in 1 round

Latest Funding Round

Seed, Mar 11, 2024, $*****

Investors

Core Vision

Ranked

79^th among 570 active competitors

Employee Count

13 as on Sep 30, 2026

Similar Companies

MNS Credit Management Group & 582 more

View Rakeez's full profile

Rakeez has raised a total funding of $2M over 1 round. Its latest funding round was a Seed round on Mar 11, 2024 for $*****. 1 investor participated in its latest round. Rakeez has 1 institutional investor.

Here is the list of recent funding rounds of Rakeez:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 11, 2024	2679664	Seed	9975379	1231178	7714970	7755933

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View details of Rakeez's funding rounds and investors

The founders of Rakeez is Saeed AlAhmari. Saeed AlAhmari is the CEO of Rakeez.

Here are the details of Rakeez's key team members:

Saeed AlAhmari: Founder & CEO of Rakeez.
Contact Info: 1 email address

View details of Rakeez's Founder profiles and Board Members

Rakeez's employee count trend

Rakeez has 13 employees as of Sep 26. Here is Rakeez's employee count trend over the years:

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Top competitors of Rakeez include MNS Credit Management Group, Kruk and Brown & Joseph. Here is the list of Top 10 competitors of Rakeez, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	MNS Credit Management Group 1996, Delhi (India), Unfunded	Provider of international & domestic debt recovery, credit management, legal, and business advisory services	-	-	47/100
2nd	Kruk 2011, Wroclaw (Poland), Public	Provider of debt management services	-	Taaleri	43/100
3rd	Brown & Joseph 1996, Itasca (United States), Acquired	Provider of debt collection services	-	Longshore Capital Partners, Spring Capital Partners ... Read more	46/100
4th	Lantern 2008, Leeds (United Kingdom), Funding Raised	Provider of debt management services	-	Shawbrook, Bci Capital & 2 others	45/100
5th	Zed Series A	Provider of a no-fee, interest-free credit card with virtual card capabilities. This credit card offers users unmatched convenience and control through its innovative technology. Key features include the ability to create unlimited virtual cards for enhanced online security, instant control over card usage, and the ability to dispute unauthorized charges. The accompanying app provides clear, transparent access to statements and payments. Additional benefits include concierge services and various travel and purchase protections.	$22.5M	Accel, Valar Ventures & 3 others	44/100
6th	Shaha Finlease 1996, Mumbai (India), Unfunded	Non-banking finance company that provides debt management, credit solutions, and transaction processing services to retail customers	-	-	37/100
7th	Debtapp Unfunded	-	-	-	37/100
8th	NBS 1999, Dallas (United States), Acquired	Bankruptcy solutions maximizing recoveries and guaranteeing compliance for creditors	-	Advent International, MPK Equity Partners	38/100
9th	GreenPath 1961, The Bronx (United States), Funding Raised	Credit counseling and credit repair services	-	Wells Fargo, Hud Exchange	35/100
10th	DWA 2005, Mumbai (India), Unfunded	Provider of debt syndication and financial advisory report services	-	-	32/100
79th	Rakeez 2022, Riyadh (Saudi Arabia), Seed	Provider of financial services and investment opportunities through sukuk issuance solutions	$2M	Core Vision	24/100