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 Oct 31, 2026, the latest employee count at Wahed is 241.

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 7th amongst 372 active competitors, of which 64 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Pogo, which secured an undisclosed amount in Jun, 2026.

Who are the top competitors of Wahed?

Wahed's top competitors include Betterment, Moneyfarm and M1 Finance. Among them, Pogo secured the most recent funding round in June, 2026.

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 372 active competitors, including 64 funded and 15 that have exited. Its top competitors include companies like Betterment, Moneyfarm and M1 Finance.

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

7^th among 372 active competitors

Employee Count

241 as on Oct 31, 2026

Investment & Acquisitions

Takadao & 6 more

Similar Companies

Betterment & 896 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	5768391	Series B	2321324	4900288	5013256	9010621
Jun 16, 2022	1653057	Series B	5730608	1036890	8867862	7562149
Jun 10, 2020	3177259	Series B	8651066	3196916	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 241 employees as of Oct 26. Here is Wahed's employee count trend over the years:

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Top competitors of Wahed include Betterment, Moneyfarm and M1 Finance. 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	Betterment 2010, New York City (United States), Series F	App-based automated investment and retirement planning platform	$335M	Kinnevik, Francisco Partners & 42 others	76/100
2nd	Moneyfarm 2011, London (United Kingdom), Series D	Provider of digital investment management services and self directed accounts	$199M	Allianz X, United Ventures & 12 others	74/100
3rd	M1 Finance 2015, Chicago (United States), Series E	Provider of an investment and lending platform for securities	$333M	Left Lane Capital, SoftBank Vision Fund & 9 others	73/100
4th	Wealthfront 2008, Palo Alto (United States), Public	Robo advisor and financial planning platform	$205M	Index Ventures, Spark Capital & 32 others	72/100
5th	StashAway 2016, Singapore (Singapore), Series D	App-based robo advisor and savings platform for individuals	$75.3M	Community Holdings, Peak XV Partners & 21 others	72/100
6th	Stash 2015, New York City (United States), Acquired	Automated investment and robo-advisory platform	$747M	Goodwater Capital, Union Square Ventures ... & 22 others	70/100
7th	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
8th	Pogo 2020, New York City (United States), Series A	App-based platform offering rewards for multi-category products	$32M	Buckley Ventures, Flucas Ventures & 49 others	69/100
9th	Kristal AI 2016, Singapore (Singapore), Series A	AI-based asset management platform for individuals	$27M	Chiratae Ventures, Stride Ventures & 54 others	68/100
10th	Ellevest 2014, New York City (United States), Acqui-Hired	App-based automated investment platform for women	$155M	Morningstar, Rethink Impact & 48 others	67/100

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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)