Tech Company Financing Transactions

Alaan Funding Round

Peak XV Partners, 468 Capital and private investors participated in a $48 million Series A funding round for Alaan. The round was announced on 8/5/2025.

Transaction Overview

Company Name
Announced On
8/5/2025
Transaction Type
Venture Equity
Amount
$48,000,000
Round
Series A
Investors

Peak XV Partners (Lead Investor) (GV Ravishankar)

468 Capital

private investors (Hosam Arab)

private investors (Khalid Al Ameri)

private investors (Mudassir Sheikha)

Pioneer Fund

Y Combinator

Proceeds Purpose
The Series A will accelerate this expansion, allowing the company to scale hiring across sales, customer success, and compliance, while also doubling down on AI-driven finance automation.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
Concord Tower, Al Sufouh, Dubai Media City 1610
Dubai, Undisclosed
United Arab Emirates
Email Address
Overview
In the age of digital transformation and artificial intelligence, finance functions continue to rely on traditional tools and methods for their day-to-day operations, such as using petty cash for business payments, calculators for manual reconciliation, and spreadsheets for managing budgets. These methods take time, involve manual effort, and incur huge costs. Simply put, these traditional approaches no longer meet the demands of modern business.
Profile
Alaan LinkedIn Company Profile
Social Media
Alaan Company Twitter Account
Company News
Alaan News
Facebook
Alaan on Facebook
YouTube
Alaan on YouTube

Management Team

Title
Name
Email & Social
Co-Founder
Karun Kurien
  Karun Kurien LinkedIn Profile  Karun Kurien Twitter Account  Karun Kurien News  Karun Kurien on Facebook


 

 

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Next: 8/5/2025: Glassbox venture capital transaction

 

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About Our Venture Capital Transactions Database

We do our best to record every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The information is sourced from VentureDeal.com, an affiliated venture.

 


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