- Sharaka Capital Leads Investment to Support Vision 2030 Cybersecurity Goals and Accelerate AI-Driven Cybersecurity Platforms Across the Kingdom and the GCC
Solidrange, the Saudi-based cybersecurity startup specialising in AI-powered Governance, Risk, and Compliance (GRC) automation and cybersecurity awareness solutions, has announced the successful closure of a USD 2.4 million Seed funding round.
The round was led by Sharaka Capital, with participation from Sadu Capital, SEEDRA Ventures, and Tali Ventures, the investment arm of stc (Saudi Telecom Company).
The funding will support Solidrange’s next growth phase, including accelerating its regional expansion, advancing product and technical development, and expanding the use of artificial intelligence across its platforms.
Solidrange’s solutions directly support the Kingdom’s national cybersecurity objectives and align closely with Saudi Vision 2030, strengthening institutional resilience, compliance maturity, and human-centric cyber defence capabilities.
Founded in 2023 and headquartered in Riyadh, Solidrange is led by Jamal M. Labani, CEO and Co-Founder, and has rapidly established itself as one of Saudi Arabia’s emerging cybersecurity champions.
The company currently serves more than 50 enterprise customers, including key government entities, publicly listed companies, and organisations across the public and private sectors.
Abdulelah Al-Owayyid from Sharaka Capital said :
“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”.
He Add:
“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.”
Solidrange’s growth reflects increasing demand across the Kingdom for locally built, regulation-ready cybersecurity solutions that reduce operational complexity while strengthening organisational readiness.
The company has also deployed its platforms to support several regulatory and oversight bodies in Saudi Arabia, underscoring the trust placed in its technology and its alignment with national frameworks and compliance requirements.
Jamal M. Labani, CEO and Co-Founder of Solidrange, commented :
“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”.
He add:
“We are proud to support Saudi Arabia’s Vision 2030 ambitions by helping institutions build sustainable, future-ready cybersecurity foundations and empower locally developed content to compete internationally.”
Solidrange’s suite of advanced platforms includes two flagship platforms designed to address both systemic and human-driven cybersecurity risks with the highest standards of protection and compliance in line with regulatory requirements in KSA.
Its EasyCompliance platform is comprehensive GRC automation platform that automates and streamlines governance, risk, and compliance management processes, simplifies internal audits, strengthens policy and control management, and connects all departments through a unified workflow, thereby enhancing transparency, accountability, and efficiency at optimal cost.
Additionally, its Awareness10 platform is an integrated AI-powered cybersecurity awareness solution that combines interactive training with phishing attack simulations to assess employee readiness against cyber threats, test response behaviour, identify human vulnerabilities, and deliver targeted and practical mitigation strategies.
With cyber resilience now a national priority across the GCC, Solidrange aims to become the leading regional provider of GRC and cybersecurity awareness solutions, enabling organisations of all sizes to reduce human-driven cyber risk, simplify compliance, and ensure seamless business continuity in an increasingly complex threat environment.
About Solidrange
Founded in 2023 and headquartered in Riyadh, Solidrange is led by Jamal M. Labani, CEO and Co-Founder, and has rapidly established itself as one of Saudi Arabia’s emerging cybersecurity champions.
It specialises in AI-powered Governance, Risk, and Compliance (GRC) automation and cybersecurity awareness solutions. The company currently serves more than 50 enterprise customers, including key government entities, publicly listed companies, and organisations across the public and private sectors in Saudi Arabia.
