# Baraka Financial

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/baraka-financial

- Industry: Financial Services
- Headquarters: Dubai, United Arab Emirates
- Website: www.getbaraka.com
- Total disclosed funding: $24M
- Latest round: Series A (Nov 16, 2022)
- Investors on record: 9

## About

Founded in 2020 and based in Abu Dhabi, United Arab Emirates operates as a provider of a digital open investing ecosystem intended to educate and empowers aspiring investors. The company was founded by Feras Jalbout and In March 2021, the company received USD 1.1 million in pre-seed funding from Class 5 Global, FJ Labs, IMO Ventures, The Community Fund, VentureSouq, and Dr. Abdulla Elyas.

The company offers an investment app which is a gamified investment quiz for millennial investors designed to empower and educate aspiring investors in controlling and analyzing investments. The company's application allows users to access 4000 US-listed securities, including stocks, exchange-traded funds (ETFs), and fractional shares.

The company plans to launch its commission-free mobile trading platform.

## Funding rounds

- Series A, Nov 16, 2022, $20M — Valar, Knollwood Investment Advisory
- Seed, Aug 3, 2021, $4M — Raptor Capital Management, Global Founders Capital, FJ Labs, VentureSouq, Tribe Capital, Class 5, Nuwa Capital
- Seed, Jul 31, 2020 — FJ Labs

## Investors

- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Seed
- Raptor Capital Management (https://capitalatlas.ai/funds/raptor-capital-management) — Seed
- Global Founders Capital (https://capitalatlas.ai/funds/global-founders-capital) — Seed
- VentureSouq (https://capitalatlas.ai/funds/venturesouq) — Seed
- Tribe Capital (https://capitalatlas.ai/funds/tribe-capital) — Seed
- Class 5 (https://capitalatlas.ai/funds/class-5) — Seed
- Nuwa Capital (https://capitalatlas.ai/funds/nuwa-capital) — Seed
- Valar (https://capitalatlas.ai/funds/valar) — Series A
- Knollwood Investment Advisory — Series A