Product Reports Resources Pricing Login Book a demo
COMPANY PROFILE

Alaan

Explore full profile

AI-powered expense management platform serving businesses in the Middle East

Dubai, United Arab EmiratesFounded 2021Fintech
Valuation $250–500M Last recorded · 2025
Headcount 100–500 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Alaan and the history behind them.

About Alaan

AlaanPay is a fintech startup that offers a comprehensive solution for businesses to manage their expenses more efficiently. The company operates in the financial technology market, serving businesses of all sizes that are looking to streamline their expense management processes.

AlaanPay's primary offering is a corporate card solution that allows businesses to issue unlimited physical and virtual multi-currency cards to their team members. These cards can be used for a wide range of expenses, including e-commerce purchases, digital ads, SaaS subscriptions, government payments, and fuel. The platform provides businesses with the flexibility to set tailored spending controls for each card, including adjusting spend limits or blocking cards with a simple click. This feature allows businesses to maintain their internal standard operating procedures while optimizing their expenses.

In addition to the corporate card solution, AlaanPay also offers an automated expense reporting feature. Team members can easily submit receipts digitally via mobile or web, which are then auto-verified and made available online for review by the finance team. This feature saves businesses significant time in managing expenses, with AlaanPay claiming to save businesses over 200 hours weekly.

Furthermore, AlaanPay provides real-time visibility and insights into company spending. Businesses receive alerts for every transaction and can access out-of-the-box spend analytics to identify potential cost-saving opportunities. One of the key benefits of using AlaanPay is the cashback feature, with one client reportedly earning over 100,000 AED in direct cashback.

In summary, AlaanPay is a fintech startup that helps businesses transform their spending through a comprehensive expense management solution that includes corporate cards, automated expense reporting, and spend analytics.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2021
Headquarters
Dubai, United Arab Emirates
Employees
307
Open positions
None listed
Dealroom signal
92.4/100
Industry
Fintech, Enterprise Software
Sub-industry
Financial Management Solutions
Sector
Fintech, Core AI, AI Applications, YC W23
Technology
Artificial Intelligence
Business model
SaaS
Client focus
b2b

Funding history

6 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES AOther financing Aug 2025 $48M $192M Mudassir Sheikha · Pioneer Fund · Abdallah Abu-Sheikh · Shail Kaveti ↗
SECONDARYOther financing Aug 2024 $0 — Undisclosed ↗
Showing the latest 2 of 6 recorded eventsBook a demo for the full funding history →

Growth signals

Alaan website traffic

Latest recorded traffic for Alaan is 93K monthly website visits, down 38% over the last three months. Alaan's team grew 248.9% over the past year.

Latest monthly visits93K 3-month web change-38% 1-year team growth+248.9%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

21 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed8 investors entered at this stage

Series A12 investors entered at this stage

  • Peak XV Partners
  • 885 Capital
  • Mudassir Sheikha
  • Pioneer Fund
  • Abdallah Abu-Sheikh
  • Shail Kaveti
  • Jeppe Rindom
  • Hosam Arab
  • Omar Kassim
  • Parth Garg
  • Yi-Wei Ang
  • Khalid Al Ameri

Other known investors1 additional known investor

  • National Technology Development Program
Team profiled 9 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
8 countries with
team presence
🇮🇳 India59.3%
🇦🇪 United Arab Emirates32.6%
🇸🇦 Saudi Arabia4.1%
🇪🇬 Egypt1.7%
🇺🇸 United States0.6%
Top 5 of 8 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Alaan on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

See Alaan’s full profile on Dealroom

Request a free trial to see the complete deal history, financials, people graph and growth signals.

Takes under a minute. Already use Dealroom? Log in.