All-in-one corporate card and spend management platform in the UAE. Unlimited Visa Corporate cards | Up to 2% cashback | No setup fee
Location: UAE
Employees: 51-200
Total raised: $48M
Founded date: 2021
Investors 1
| Date | Name | Website |
| 16.12.2022 | Y Combinat... | ycombinato... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 08.08.2025 | Series A | $48M | Peak XV Pa... |
Mentions in press and media 7
| Date | Title | Description |
| 08.08.2025 | MENA Digest: UAE’s Alaan, Saudi startup Salasa, Egypt’s Wuilt secure funding | Credit: Thinkstock Fundraising activity in the Middle East and North Africa (MENA) region was driven by two big-ticket, late-stage deals this week. Saudi Arabia-based e-commerce fulfillment platform Salasa secured Series B funding, while UA... |
| 08.08.2025 | Alaan Raises $48M in Series A Funding | Alaan, a Dubai, UAE-based fintech company, raised $48m in Series A funding round. The round was led by Peak XV Partners (formerly Sequoia Capital India & SEA), with participation from 885 Capital, Y Combinator, 468 Capital, and Pioneer ... |
| 06.08.2025 | Peak XV leads USD 48 Mn Series A Round for UAE's Alaan The round was led by Peak XV Partners, with participation from 885 Capital, Y Combinator, 468 Capital, Pioneer Fund, and several prominent angel ... | UAE-based fintech firm Alaan has raised USD 48 million in a Series A funding round to accelerate its growth in the Middle East and North Africa. The round was led by Peak XV Partners, with participation from 885 Capital, Y Combinator, 468 C... |
| 05.08.2025 | Alaan Secures $48M to Revolutionize MENA Spend Management | Dubai’s Alaan, a dominant spend management fintech, raised a significant $48 million Series A round. Peak XV Partners led the investment. Other major participants included 885 Capital, Y Combinator, and 468 Capital. This capital infusion pr... |
| 05.08.2025 | "We Got Funded!" UAE-Based Fintech Alaan Raises a US$48 Million Series A Round The funds will accelerate Alaan's expansion in Saudi Arabia and power the next phase of its growth, focused on ... | Alaan, a UAE-based spend management platform for businesses, has raised US$48 million - reportedly one of the largest Series A funding rounds in the history of the region. The round was led by Peak XV Partners (formerly Sequoia Capital Indi... |
| 05.08.2025 | Peak XV Partners leads $48 million round in Dubai-based spend management startup Alaan | Synopsis Alaan, founded by Indian-origin Parthi Duraisamy and Karen Kurien, caters to the West Asia market. The founders of 885 Capital â Sudeep Ramnani and Jai Mahtani, Y Combinator, 468 Capital, and Pioneer Fund participated in the roun... |
| 05.08.2025 | Fintech Alaan raises $48 million to equip MENA finance teams with AI agents | (Left)Karun Kurien, Co-founder and CPO of Alaan (Right) Parthi Duraisamy, Co-founder and CEO of Alaan DUBAI, UNITED ARAB EMIRATES, August 5, 2025 /EINPresswire.com/ -- Alaan, the Middle East’s leading spend management platform for businesse... |