Saudi startup Solidrange has raised $2.4 million in a series A investment round as it scales its technology driven solutions across the Kingdom’s growing digital economy.
Saudi based technology company Solidrange has raised $2.4 million in a series A investment round, underscoring continued investor interest in Saudi Arabia’s expanding digital economy. The funding positions the company to accelerate product development and expand its operational footprint within the Kingdom, as demand rises for locally built technology platforms aligned with national transformation initiatives.
Founded to deliver enterprise focused digital solutions, Solidrange operates in the technology services and software space, providing platforms designed to support businesses navigating digital transformation. As Saudi Arabia advances its Vision 2030 agenda, technology providers supporting automation, cloud adoption, and enterprise modernization have increasingly attracted venture and growth capital.
The newly secured capital will be directed toward strengthening Solidrange’s product suite, enhancing its technical infrastructure, and scaling its team to meet growing enterprise demand. The company is also expected to deepen partnerships across both public and private sector entities, reflecting a broader push to localize technology capabilities and reduce reliance on imported digital services.
Saudi Arabia’s startup ecosystem has witnessed a marked increase in series A activity in recent years, with funding rounds growing larger as companies move beyond proof of concept stages into scalable revenue generation. Investors have increasingly backed startups offering business to business solutions, particularly those operating in sectors such as fintech, SaaS, logistics, and enterprise software.
The Kingdom continues to rank among the most active venture markets in the MENA region, supported by sovereign-backed investment vehicles, regulatory reforms, and expanding participation from regional venture capital firms. Within this landscape, companies like Solidrange are benefiting from a maturing funding environment where follow on rounds are becoming more structured and growth focused.
With fresh capital secured, Solidrange is positioned to strengthen its competitive stance in the Saudi technology market, leveraging local market knowledge and institutional demand to scale its solutions. The investment round reflects broader momentum in Saudi Arabia’s technology sector, where startups are increasingly moving from early stage validation to structured growth and regional expansion.
