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Ajras

Building No. 2782, Al Fareeda Street, Al Taawun District, Riyadh, Ar Riyad, 12477, Saudi Arabia

Overview

Founded in 2022 and led by CEO Muath Aljubailan, Ajras offers a licensed ‘Rent Now, Pay Later’ model that acts as a commercial intermediary between landlords and tenants. The company focuses on financing solutions to streamline rent payments in the commercial and industrial sectors. Ajras is licensed by the General Authority for Real Estate, positioning it within the regulated real estate finance market. In November 2023 it raised a $28 million seed round led by Madarak International and in 2026 closed a $1.5 million pre-Series A led by Veda Holding, bringing total known funding to about $29.5 million. The available reporting does not disclose revenue or user metrics.

Total raised
$30M
Funding rounds
3
Latest round
Series A
Latest activity
Jul 2026

Industries

  • Information Technology
  • PropTech
  • Real Estate
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Recent funding

  1. Series A

    Jul 2026

    $2M

  2. Seed

    Nov 2023

    $28M

Team