When was Raseedi founded?

Raseedi was founded in 2019 and raised its 1st funding round within a year of its incorporation.

Where is Raseedi located?

Raseedi is headquartered in Cairo, Egypt.

How many employees does Raseedi have?

As of Aug 31, 2026, the latest employee count at Raseedi is 287.

Is Raseedi a funded company?

Raseedi is a funded company, having raised a total of $1.25M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Dec 02, 2019.

When was the latest funding round of Raseedi?

Raseedi's latest funding was a $***** Seed round on Nov 30, 2021, with participation from 4 investors.

Where does Raseedi rank among its competitors?

Raseedi ranks 5th amongst 3485 active competitors, of which 230 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Farther, which secured $150M in May, 2026.

Who are the top competitors of Raseedi?

Raseedi's top competitors include Dezerv, Warren and Farther. Among them, Farther secured the most recent funding round in May, 2026.

Raseedi - 2026 Company Profile, Team, Funding & Competitors

Raseedi is a seed company based in Cairo (Egypt), founded in 2019 by Samuel Abd El Malak. It operates as a Financial advisor for payments and savings. Raseedi has raised $1.25M in funding. The company has 3485 active competitors, including 230 funded and 208 that have exited. Its top competitors include companies like Dezerv, Warren and Farther.

Company Details

Financial advisor for payments and savings. The company offers free calls over wifi or data, daily saving codes, credit and bill payment options, and more.

Website: www.raseediapp.com/
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Key Metrics

Founded Year

2019

Location

Cairo, Egypt

Stage

Seed

Total Funding

$1.25M in 2 rounds

Latest Funding Round

Seed, Nov 30, 2021, $*****

Investors

500 Global & 4 more

Ranked

5^th among 3485 active competitors

Employee Count

287 as on Aug 31, 2026

Investment & Acquisitions

Kashat

Similar Companies

Dezerv & 3539 more

View Raseedi's full profile

Raseedi has raised a total funding of $1.25M over 2 rounds. Its first funding round was on Dec 02, 2019. Its latest funding round was a Seed round on Nov 30, 2021 for $*****. 4 investors participated in its latest round. Raseedi has 5 institutional investors.

Here is the list of recent funding rounds of Raseedi:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 30, 2021	8849154	Seed	8715188	9085691	3818788	5463229
Dec 02, 2019	6864550	Seed	2295295	1106611	2568367	500 Global & 2 more

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View details of Raseedi's funding rounds and investors

The founders of Raseedi is Samuel Abd El Malak.

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

Samuel Abd El Malak: Co-Founder of Raseedi and founder of 1 other company.

View details of Raseedi's Founder profiles and Board Members

Raseedi's employee count trend

Raseedi has 287 employees as of Aug 26. Here is Raseedi's employee count trend over the years:

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Top competitors of Raseedi include Dezerv, Warren and Farther. Here is the list of Top 10 competitors of Raseedi, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Dezerv 2021, Mumbai (India), Series C	Wealth management platform offering financial planning and advisory service	$100M	Premji Invest, Accel & 50 others	78/100
2nd	Warren 2014, Porto Alegre (Brazil), Series C	Diversified investment management firm	$105M	GIC, QED Investors & 14 others	68/100
3rd	Farther 2019, New York City (United States), Series D	App-based financial planning and management platform for individuals	$272M	CapitalG, General Atlantic & 14 others	65/100
4th	Origin 2019, San Francisco (United States), Series B	Financial planning solutions for employees	$68M	Felicis Ventures, General Catalyst & 13 others	66/100
5th	Raseedi 2019, Cairo (Egypt), Seed	Financial advisor for payments and savings	$1.25M	500 Global, EBRD & 3 others	63/100
6th	Pontera 2012, New York City (United States), Series C	Tax management solutions for businesses	$160M	Lightspeed Venture Partners, Horizons Ventures ... & 11 others	63/100
7th	ET Money 2014, Gurugram (India), Acquired	App-based mutual fund investment platform	-	-	63/100
8th	Compound 2019, San Francisco (United States), Series B	Wealth and financial management platform	$37.1M	Greenoaks, Atacama Ventures & 17 others	62/100
9th	Phoenix Group 1782, London (United Kingdom), Public	Provider of long-term savings, retirement, and life insurance solutions	-	Kingdom Holding Company, TDR Capital & 2 others	61/100
10th	ARM Pensions 2005, Lagos (Nigeria), Acquired	Retirement planning and pension management platform	$50M	LeapFrog Investments, Helios	59/100