Startup Landscape in Saudi Arabia

Saudi Arabia has over 13,724 startups across the country. Of these, 1.17K are funded companies that have collectively raised $141B in venture capital and private equity. The country is home to 4 unicorns. A total of 669 investors have participated in 923 funding rounds, with 98 startups securing early-stage funding and 33 raising late-stage funding. In the last five years, 1,721 new companies have been founded, raising over $4.49B in funding. Startups in Saudi Arabia have witnessed 150 acquisitions and 475 IPOs, while 2,189 startups wrapped up operations. Additionally, 118 companies have been founded by women.