Alaan Raises $48M Series A to Scale AI-Powered Finance Automation Across The Middle East

Tekedia | 05-08-2025 11:30pm |

Alaan, an AI-powered expense management platform for Middle Eastern businesses, has raised a $48M in Series A equity funding to accelerate its mission of simplifying finance operations through automation. This round was led by Peak XV Partners (formerly Sequoia Capital India & SEA) and 885 Capital. Pioneer Fund joined it, with continued support from Y

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