Funding Rounds

Ebana Closes a Funding Round Worth SAR 10M

To Develop Tools for Managing Investor Relations

  • Ebana has successfully closed its Pre-Series A funding round, with a major contribution from Isnad legal consulting.
  • The company provides comprehensive digital services for managing general assemblies, boards of directors, and committees, enhancing corporate administrative efficiency and meeting regulatory requirements.
  • Ebana aims to develop tools for managing investor relations, launch innovative financial technology products, and strengthen employee share programs for both public and private companies.

The financial technology company Ebana announced securing SAR 10 million (equivalent to $2.66 million) in its Pre-Series A funding round, led by Isnad legal consulting.

Ebana specializes in offering integrated technical solutions to support corporate governance processes. Its services include managing general assemblies, boards of directors, and committees through a comprehensive digital platform. This platform covers everything from sending invitations and drafting agenda items to voting and generating real-time reports and minutes. These services aim to meet regulatory requirements and improve corporate administrative efficiency.

The recent funding round is expected to expand the company’s operations by developing investor relations management tools and introducing innovative financial technology products to meet the diverse needs of companies. Additionally, this investment represents a strategic step towards strengthening Ebana’s position in digital governance solutions and enhancing employee share programs for public and private companies.

Founded in 2020, Ebana specializes in managing shareholder records and providing digital governance solutions for general assemblies and boards of directors. The company also offers employee share programs in Saudi Arabia. It delivers advanced administrative services for investor relations in closed and simplified joint-stock companies, including managing shareholder records, issuing share certificates, electronically documenting ownership transfers, and monitoring key sector news.

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