Startup Landscape in Saudi Arabia

Saudi Arabia has over 12,894 startups across the country. Of these, 1.13K are funded companies that have collectively raised $141B in venture capital and private equity. The country is home to 4 unicorns. A total of 642 investors have participated in 916 funding rounds, with 93 startups securing early-stage funding and 32 raising late-stage funding. In the last five years, 1,610 new companies have been founded, raising over $4.47B in funding. Startups in Saudi Arabia have witnessed 148 acquisitions and 422 IPOs, while 2,189 startups wrapped up operations. Additionally, 117 companies have been founded by women.