Riyadh-based cybersecurity startup Solidrange has successfully secured $2.4 million in a pivotal seed funding round, signaling strong investor confidence in Saudi Arabia's tech ecosystem. The investment, led by Sharaka Capital, is set to accelerate the growth of its AI-driven platforms for governance, risk, and compliance (GRC) and cybersecurity awareness. This strategic funding positions the company, founded in 2023, to scale its operations and expand its footprint across the wider GCC region.
Strategic Investment for Regional Growth
The funding round attracted a consortium of prominent investors, including Sadu Capital, SEEDRA Ventures, and Tali Ventures, the corporate venture capital arm of stc. This capital will be strategically deployed to fast-track regional expansion, enhance product development, and further integrate advanced AI capabilities into its core offerings. According to Abdulelah Al-Owayyid of Sharaka Capital, this investment will empower Solidrange to advance its strategic roadmap and significantly contribute to the Kingdom's cybersecurity landscape.
AI-Powered Solutions for Modern Threats
Solidrange tackles cybersecurity from two critical angles: systemic risk and human vulnerability, with a suite of advanced platforms. Its flagship product, EasyCompliance, is a comprehensive GRC automation system designed to streamline complex regulatory adherence and internal audits. The platform unifies governance workflows across departments, enhancing transparency and accountability while optimizing operational costs for its enterprise clients, which already include over 50 government and public entities.
To address the human element of cybersecurity, the company developed Awareness10, an AI-powered training and simulation platform. This solution combines interactive educational modules with sophisticated phishing attack simulations to measure employee readiness and identify behavioral risks. By testing response behaviors in a controlled environment, Awareness10 delivers targeted mitigation strategies that strengthen an organization's first line of defense against increasingly common social engineering attacks.
Aligning with Saudi Arabia's Vision 2030
The startup's growth trajectory is deeply intertwined with Saudi Arabia's Vision 2030, which prioritizes digital transformation and economic diversification. By developing sophisticated, Saudi-built platforms that meet global standards, Solidrange directly supports the national goal of strengthening institutional resilience and cybersecurity maturity. CEO and Co-Founder Jamal M. Labani emphasized that the investment is a strong endorsement of the company's vision to modernize GRC practices within the Kingdom.
The Broader Regional Context
This funding arrives as organizations across the GCC face mounting pressure to comply with evolving cybersecurity mandates while maintaining agility. The rapid adoption of cloud technologies and AI has expanded the digital attack surface, driving demand for integrated risk management solutions. Solidrange is capitalizing on this trend by offering platforms tailored to regional regulatory complexities and enterprise needs, positioning itself as a competitive local alternative to imported systems.
Solidrange's $2.4 million seed funding is more than a financial milestone; it represents a significant step forward for Saudi Arabia's homegrown technology sector. With fresh capital and strong backing, the company is poised to scale its innovative solutions and address the critical need for integrated cyber resilience in the Middle East. As the region continues its digital transformation, Solidrange's dual focus on automated compliance and human-centric defense places it at the forefront of the evolving cybersecurity industry.