When was Wahed founded?

Wahed was founded in 2017 and raised its 1st funding round within a year of its incorporation.

Where is Wahed located?

Wahed is headquartered in New York, United States.

How many employees does Wahed have?

As of Aug 31, 2026, the latest employee count at Wahed is 234.

Is Wahed a funded company?

Wahed is a funded company, having raised a total of $95M across 7 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jun 06, 2017.

How much is Wahed worth?

The latest valuation of Wahed is $***** as of Jun 10, 2020.

When was the latest funding round of Wahed?

Wahed's latest funding was a $***** Series B round on Nov 24, 2024, with participation from 1 investor.

Where does Wahed rank among its competitors?

Wahed ranks 22nd amongst 1496 active competitors, of which 106 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Ajaib, which secured $270M in Aug, 2026.

Who are the top competitors of Wahed?

Wahed's top competitors include Robinhood, Groww and Public. Among them, Ajaib secured the most recent funding round in August, 2026.

Wahed - 2026 Company Profile, Funding & Competitors

Company Details

Shariah-based investment and savings platform for individuals. It enables users to invest in multiple portfolios, save for home, pilgrimage, and wedding, achieve wealth goals, and more. Also offers an app-based platform that is available on iOS and Android devices.

Website: www.wahed.com/
Social
Email ID: *****@wahedinvest.com
Phone Number: +1 **********

Key Metrics

Founded Year

2017

Location

New York, United States

Stage

Series B

Total Funding

$95M in 7 rounds

Latest Funding Round

Series B, Nov 24, 2024, $*****

Post Money Valuation

$***** as on Jun 10, 2020

Investors

Wa'ed Ventures & 14 more

Ranked

22^nd among 1496 active competitors

Employee Count

234 as on Aug 31, 2026

Investment & Acquisitions

Takadao & 6 more

Similar Companies

Robinhood & 1206 more

View Wahed's full profile

Wahed has raised a total funding of $95M over 7 rounds. Its first funding round was on Jun 06, 2017. Its latest funding round was a Series B round on Nov 24, 2024 for $*****. 1 investor participated in its latest round. Wahed has 11 institutional investors and 4 angel investors.

Here is the list of recent funding rounds of Wahed:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 24, 2024	9032022	Series B	2432183	7752959	3776313	6398912
Jun 16, 2022	8739658	Series B	4432614	9137642	1944480	7849787
Jun 10, 2020	9354129	Series B	5583991	2162362	Wa'ed Ventures	BECO Capital & 3 more

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View details of Wahed's funding rounds and investors

Wahed's employee count trend

Wahed has 234 employees as of Aug 26. Here is Wahed's employee count trend over the years:

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Top competitors of Wahed include Robinhood, Groww and Public. Here is the list of Top 10 competitors of Wahed, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Robinhood 2013, Menlo Park (United States), Public	Broker-based online trading and investment platform	$5.73B	DST Global, Sequoia Capital & 153 others	88/100
2nd	Groww 2016, Bengaluru (India), Public	Provider of digital brokerage services for stocks and mutual funds	$596M	Ribbit Capital, Kairos & 25 others	88/100
3rd	Public 2019, New York City (United States), Series D	Multi-asset investment platform for individuals	$421M	Accel, Greycroft & 58 others	80/100
4th	Freetrade 2015, London (United Kingdom), Acquired	App-based stock market trading platform	$165M	Left Lane Capital, PMT Ventures & 79 others	79/100
5th	Saxo Bank 1992, Copenhagen (Denmark), Acquired	Provider of online trading platforms for stocks bonds and derivatives	$549M	ES Consultancy (Singapore) Ltd, General Atlantic ... & 6 others	78/100
6th	Wealthsimple 2014, Toronto (Canada), Series F	Provider of financial services including investing, trading, saving, and borrowing	$1.29B	Power financial, Meritech & 39 others	77/100
7th	Ajaib 2018, West Jakarta (Indonesia), Series C	Online investing platform for stocks and mutual funds	$515M	SBVA, DST Global & 13 others	77/100
8th	Upstox 2009, Mumbai (India), Series C	Broker-based online trading and investment platform	$220M	Tiger Global Management, Kalaari Capital ... & 23 others	77/100
9th	Raise 2021, Mumbai (India), Series B	Developer of financial service products and infrastructure for Indian residents	$146M	Hornbill Capital, Beenext & 72 others	77/100
10th	Scalable Capital 2014, Munich (Germany), Series F	Provider of a digital investment and brokerage platform	$550M	HV Capital, BlackRock & 14 others	76/100
22nd	Wahed 2017, New York (United States), Series B	Shariah-based investment and savings platform for individuals	$95M	VII Ventures, BECO Capital & 13 others	70/100

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Wahed has made 4 investments in companies including Takadao and BusCaro. Wahed has also acquired 3 companies including I Will Solicitors and True Wills.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Nov 17, 2025	Investments	Takadao	2022	Singapore (Singapore)
Sep 18, 2025	Investments	BusCaro	2022	Karachi (Pakistan)
Feb 24, 2025	Investments	BusCaro	2022	Karachi (Pakistan)