Overview of startups in Saudi Arabia

Saudi Arabia has over 10,011 startups across the country. Of these, 1.01K are funded companies that have collectively raised $138B in venture capital and private equity. The country is home to 3 unicorns. A total of 581 investors have participated in 765 funding rounds, with 78 startups securing early-stage funding and 31 raising late-stage funding. In the last five years, 2,177 new companies have been founded, raising over $3.87B in funding. Startups in Saudi Arabia have witnessed 140 acquisitions and 320 IPOs, while 1,531 startups wrapped up operations. Additionally, 109 companies have been founded by women.