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Baraka
Fintech platform that provides investment tools, resources, and access to global markets, empowering users to make informed financial decisions
About Baraka
Baraka is a revolutionary investment platform that caters to investors in the Gulf Cooperation Council (GCC) region. It provides an easy-to-use and free platform that allows users to invest in thousands of U.S. stocks and Exchange Traded Funds (ETFs). The platform is designed to support users in making informed and strategic long-term investment decisions, helping them build and manage their wealth in alignment with their financial goals and values.
Read full description
Baraka operates in the financial technology market, specifically in the investment sector. It serves a broad range of clients, from novice investors to seasoned professionals, who are looking for a simple and efficient way to invest in U.S. stocks and ETFs. The platform is praised for its user-friendly interface and professional support team, making it a preferred choice for many investors in the GCC region.
The business model of Baraka is based on a freemium model. The standard plan is free to use and provides access to over 6,000 U.S. stocks and ETFs. However, Baraka also offers a premium paid subscription that provides additional stock analysis from Refinitiv, a world-class equity research partner. This means that while the basic services are free, the company generates revenue through premium subscriptions.
In terms of security, Baraka works with a broker to secure the deposits and investments of its users. The platform ensures complete transparency and fair pricing, with no hidden fees, making it a trustworthy choice for investors.
At a glance
- Status
- Operational
- Founded
- 2020
- Headquarters
- Dubai, United Arab Emirates
- Employees
- 77
- Open positions
- None listed
- Dealroom signal
- 77.4/100
- Industry
- Fintech
- Sub-industry
- Wealth Management
- Sector
- Fintech, Wealth Management, Private Investors, Stock Exchange, Neo Brokers Trading, YC S21
- Technology
- Blockchain, Mobile app
- Business model
- Marketplace & ecommerce
- Client focus
- b2c
Latest news
Press, funding announcements and product moves mentioning Baraka.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Nov 2022 | $20M | $80M | Valar Ventures · Knollwood Investment Advisory | ↗ |
| SEED✓Equity / VC | Sep 2021 | $125K | $500K | Y Combinator | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Baraka is 30K monthly website visits, up 57.9% over the last three months. Baraka's team grew 4.1% over the past year.
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed11 investors entered at this stage
Abdulla Elyas
The Community Fund
FJ Labs
VentureSouq- IVIMO Ventures
Class 5 Global
Global Founders Capital
Raptor Group
Tribe Capital
Nuwa Capital
Y Combinator
Series A2 investors entered at this stage
Valar Ventures
Knollwood Investment Advisory
Other known investors12 additional known investors
AB Xelerate
Adil Syed- BCBadra Capital
Byld Ventures
Enrico Pandian
Ganas Ventures
Hub71
Incubayt- JAJoel A.
- JAJoel Ayala
Spade Ventures
Tonjé Bakang Tonje
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Baraka 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
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