Solidrange Raises $2.4mn Seed Round to Expand AI-Driven Cybersecurity Platform

Riyadh-based cybersecurity startup Solidrange has closed a $2.4 million seed funding round led by Sharaka Capital, as demand grows across Saudi Arabia for locally developed governance, risk and compliance (GRC) solutions aligned with Vision 2030.

The round included participation from Sadu Capital, SEEDRA Ventures and Tali Ventures, the investment arm of stc. The company said the funding will support regional expansion, product development and deeper integration of artificial intelligence across its cybersecurity platforms.

Founded in 2023, Solidrange specialises in AI-powered GRC automation and cybersecurity awareness systems. It currently serves more than 50 enterprise customers, including government entities and publicly listed companies in Saudi Arabia, according to the company.

Betting on Local Cybersecurity Infrastructure

Saudi Arabia has placed cybersecurity resilience at the centre of its economic diversification agenda. As digital transformation accelerates across ministries, banks and large corporates, regulatory compliance requirements have become more complex — and more tightly enforced.

Sharaka Capital said its investment reflects confidence in Solidrange’s execution and market positioning.

“Solidrange has demonstrated outstanding execution in building innovative enterprise-grade platforms that address some of the most critical challenges organisations face today, particularly in governance, risk, compliance, and cybersecurity awareness,” said Abdulelah Al-Owayyid from Sharaka Capital. “This investment will help the company accelerate growth, expand its offerings, and advance its strategic roadmap in a way that meaningfully contributes to Saudi Arabia’s cybersecurity ecosystem.”

The funding comes at a time when Saudi regulators are pushing for stronger institutional compliance maturity and local content development within strategic sectors, including cybersecurity.

AI as an Operational Layer

Solidrange’s platform suite includes two core products: EasyCompliance, a GRC automation system, and Awareness10, an AI-powered cybersecurity awareness solution.

EasyCompliance is designed to automate internal audits, streamline risk management workflows and connect departments through a unified compliance framework. Awareness10 focuses on human risk management, combining interactive training with phishing simulations to assess employee vulnerability and behavioural response to cyber threats.

Jamal M. Labani, CEO and co-founder of Solidrange, framed the funding as validation of the company’s strategy to modernise governance systems through locally built platforms.

“This investment is a strong endorsement of our vision and leadership to modernise governance, risk, and compliance practices through Saudi-built platforms that meet global standards,” he said. “As cyber threats increasingly exploit human behaviour and operational gaps, our focus on AI-driven automation and human risk management enables organisations to strengthen resilience while simplifying compliance.”

The emphasis on human risk reflects a broader shift in cybersecurity strategy. While infrastructure attacks remain a concern, phishing, insider threats and behavioural vulnerabilities continue to account for a significant share of security breaches globally.

A Growing Local Ecosystem

Solidrange said it has deployed its systems to support several regulatory and oversight bodies in Saudi Arabia, underscoring alignment with national compliance frameworks.

The company aims to expand across the Kingdom and the wider GCC, positioning itself as a regional provider of AI-enabled GRC and awareness solutions.

Cybersecurity spending across the Gulf has risen steadily in recent years as governments and enterprises invest in defensive infrastructure. At the same time, policymakers are encouraging the growth of domestic cybersecurity vendors to reduce reliance on foreign suppliers.

For early-stage Saudi startups, that policy alignment can be as important as product-market fit.

With fresh capital in place, Solidrange is now moving from early traction to scaling phase — competing in a market where regulatory complexity, AI integration and national strategic priorities increasingly intersect.

The seed round may be modest by global standards, but it reflects a larger shift underway: cybersecurity in Saudi Arabia is becoming not just a compliance requirement, but an industrial strategy.