Solidrange Secures $2.4 Million Seed Round to Power AI-Driven GRC Innovation

Abbas Aziz By Abbas Aziz
3 Min Read

Saudi Arabia’s cybersecurity sector continues to grow at speed. Solidrange, a Riyadh based startup, has secured USD 2.4 million in Seed funding to expand its AI powered Governance, Risk, and Compliance platforms. Sharaka Capital led the round. Sadu Capital, SEEDRA Ventures, and Tali Ventures, the investment arm of stc, also joined.

The funding marks a key milestone for the young company. It also supports Saudi Arabia’s Vision 2030 cybersecurity goals.

Strong Backing to Scale Innovation

Solidrange will use the capital to accelerate growth and deepen product capabilities. The company plans to:

  • Expand across the Kingdom and the GCC
  • Enhance AI features across its platforms
  • Strengthen technical development
  • Grow its enterprise customer base

Sharaka Capital praised Solidrange’s execution and market focus. Investors see clear demand for local, regulation ready cybersecurity solutions. Organizations now want systems that reduce risk and simplify compliance at scale.

Building AI First GRC Platforms

Founded in 2023, Solidrange already serves more than 50 enterprise clients. These include:

  • Government entities
  • Publicly listed companies
  • Large private sector organizations

The company builds tools that automate governance and risk management. It reduces manual work. Increases visibility. It improves accountability.

Its flagship platform, EasyCompliance, helps organizations:

  • Automate GRC workflows
  • Manage policies and internal controls
  • Simplify internal audits
  • Connect departments through unified dashboards

The system improves efficiency while lowering operational cost.

Tackling Human Cyber Risk

Cyber threats often exploit human behavior. Solidrange addresses this gap through its Awareness10 platform. The solution combines AI, training, and behavioral testing.

Key capabilities include:

  • Interactive cybersecurity training
  • Phishing simulation campaigns
  • Employee risk scoring
  • Targeted mitigation plans

Organizations gain real insight into employee readiness. They move from reactive defense to proactive risk management.

Supporting Vision 2030 Cybersecurity Goals

Saudi Arabia prioritizes cyber resilience as part of Vision 2030. Solidrange aligns closely with national frameworks and compliance standards. It has already supported regulatory and oversight bodies inside the Kingdom.

CEO Jamal M. Labani emphasizes a clear mission. He wants Saudi built platforms that meet global standards. Focuses on AI automation and human risk management. Aims to modernize GRC practices across the region.

The company now positions itself as a leading regional provider of:

  • AI powered GRC automation
  • Cybersecurity awareness solutions
  • Human risk management systems

As cyber threats grow more complex, organizations need smarter systems. They need speed. Want clarity. They need control.

Solidrange plans to deliver all three. With strong investor backing and rising market demand, the company enters its next phase with momentum and clear strategic direction.