# Tameed

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/tameed

- Industry: Financial Services
- Headquarters: Riyadh, Saudi Arabia
- Website: www.ta3meed.com/
- Total disclosed funding: $15M
- Latest round: Series A (Dec 28, 2023)
- Investors on record: 1

## About

Founded in 2019 and based in Riyadh, Saudi Arabia, First Debt Crowd Lending Platform doing business as Tameed operates as a digital financial platform that provides financing purchase orders and final guarantees, licensed by the Central Bank of Saudi Arabia. In December 2023, Tameed raised SAR 56.75 million in series A funding led by investor Alromaih Group. As of 2026, the company is led by its founder and CEO, Mohamed Alomayyer, and has a client base including companies like SME Bank, Fintech Saudi, Kafalah, and many more.

The company offers debt crowdfunding platform designed to provide financing solutions for institutions and companies with projects from government agencies and major private entities.

The company’s platform facilitates the growth of partner businesses by improving cash flows and working capital by enabling instant payments to customers, with funds available in their wallet immediately after the buyer completes the payment process.

The company plans to use the December 2023 funding to support business expansion and fulfil the growing demand for its cutting-edge digital lending solutions.

## Funding rounds

- Series A, Dec 28, 2023, $15M — Alromaih Industrial Commercial Group

## Investors

- Alromaih Industrial Commercial Group (https://capitalatlas.ai/funds/alromaih-industrial-commercial-group) — Series A