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 May 31, 2026, the latest employee count at Wahed is 224.

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 20th amongst 961 active competitors, of which 75 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Wealthsimple, which secured $393M in Oct, 2025.

Who are the top competitors of Wahed?

Wahed's top competitors include Robinhood, Groww and Saxo Bank. Among them, Wealthsimple secured the most recent funding round in October, 2025.

Wahed - 2026 Company Profile, Funding & Competitors

Wahed is a series B company based in New York (United States), founded in 2017. It operates as a Shariah-based investment and savings platform for individuals. Wahed has raised $95M in funding from investors like Wa'ed Ventures, Qatar Development Bank and Dubai Cultiv8, with a current valuation of $*****. The company has 961 active competitors, including 75 funded and 72 that have exited. Its top competitors include companies like Robinhood, Groww and Saxo Bank.

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

20^th among 961 active competitors

Employee Count

224 as on May 31, 2026

Investment & Acquisitions

Takadao & 6 more

Similar Companies

Robinhood & 1089 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:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 24, 2024	7957251	Series B	4905078	2592515	2777960	8150089
Jun 16, 2022	5976808	Series B	2647581	2173916	1506845	5626892
Jun 10, 2020	6317463	Series B	8077831	1832632	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 224 employees as of May 26. Here is Wahed's employee count trend over the years:

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Top competitors of Wahed include Robinhood, Groww and Saxo Bank. 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 & 145 others	87/100
2nd	Groww 2016, Bengaluru (India), Public	Provider of an online platform for investments and trading services	$596M	Ribbit Capital, Tiger Global Management & 23 others	82/100
3rd	Saxo Bank 1992, Copenhagen (Denmark), Acquired	Provider of online trading platforms offering access to various financial products	$549M	ES Consultancy (Singapore) Ltd, General Atlantic ... & 6 others	81/100
4th	Public 2019, New York City (United States), Series D	Multi-asset investment platform for individuals	$421M	Accel, Greycroft & 52 others	80/100
5th	Angel One 1996, Mumbai (India), Public	App-based brokerage stock trading platform	$38.4M	IFC, Aditya Birla Sun Life AMC & 43 others	80/100
6th	Freetrade 2015, London (United Kingdom), Acquired	App-based stock market trading platform	$165M	Left Lane, PMT Ventures & 79 others	79/100
7th	Upstox 2009, Mumbai (India), Series C	Developer of tech driven trading platform offering low cost brokerage	$220M	Kalaari Capital, Tiger Global Management ... & 23 others	78/100
8th	Interactive Investor 1995, Leeds (United Kingdom), Acquired	Online trading and investment platform	$2.88M	Augmentum Fintech, MMC Ventures & 2 others	77/100
9th	Wealthsimple 2014, Toronto (Canada), Series F	Provider of financial services including investing, trading, saving, and borrowing	$1.29B	Power financial, TCV & 39 others	77/100
10th	Scalable Capital 2014, Munich (Germany), Series F	Automated investment platform for ETFs, equities, bonds, commodities, and real estate	$550M	HV Capital, BlackRock & 14 others	76/100
20th	Wahed 2017, New York (United States), Series B	Shariah-based investment and savings platform for individuals	$95M	VII Ventures, Kube VC & 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)