Solidrange Raises $2.4M to Boost AI-Driven Governance, Risk & Compliance Solutions

Solidrange, the Saudi cybersecurity startup specializing in automating and managing AI-powered Governance, Risk & Compliance (GRC) and cybersecurity awareness solutions, has closed a $2.4 million seed funding round.

The round was led by Sharaka Capital, with participation from Sadu Capital, SEEDRA Ventures, and tali ventures by stc, the investment arm of stc Group.

The funding will support the company’s next growth phase, including accelerating regional expansion, developing products and technical infrastructure, and expanding AI integration across its platforms.

Founded in 2023 and headquartered in Riyadh, Solidrange is led by co-founder and CEO Jamal Labani.

The company currently serves over 50 enterprise clients, including prominent government entities, publicly listed companies, and organizations from both the public and private sectors in Saudi Arabia.