Startup Landscape in Saudi Arabia

Saudi Arabia has over 17,126 startups across the country. Of these, 1.2K are funded companies that have collectively raised $142B in venture capital and private equity. The country is home to 4 unicorns. A total of 696 investors have participated in 958 funding rounds, with 105 startups securing early-stage funding and 32 raising late-stage funding. In the last five years, 2,770 new companies have been founded, raising over $4.92B in funding. Startups in Saudi Arabia have witnessed 152 acquisitions and 527 IPOs, while 2,194 startups wrapped up operations. Additionally, 118 companies have been founded by women.