Saudi Arabia-Based Cybersecurity Startup Solidrange Pockets US$2.4 Million Seed Round

Riyadh-based cybersecurity startup Solidrange has raised US$2.4 million in a seed funding round led by the Saudi investment boutique Sharaka Capital, with participation from KSA-based investors like Sadu Capital, SEEDRA, and Tali Ventures, the investment arm of Saudi Telecom Company (stc). 

Founded by Jamal M. Labani in KSA in 2023, Solidrange operates at the intersection of governance, risk, and compliance (GRC) automation and cybersecurity awareness, with a focus on artificial intelligence (AI)-powered solutions tailored to regulatory environments in the Kingdom. The newly raised capital will be used to accelerate Solidrange's regional expansion, advance product and technical development, and deepen the integration of AI across its platforms. 

In an interview with Inc. Arabia, Labani traced the company’s foundation back to a growing gap he observed between rising regulatory expectations and the tools available to institutions in the region. “Solidrange was founded with a clear ambition: to redefine how institutions in the region approach GRC," he said. "As cyber threats grow more sophisticated and regulatory expectations continue to rise, organizations increasingly require platforms built for continuous oversight and measurable accountability. Our mission is to develop Saudi-built cybersecurity solutions that combine GRC automation with human-layer defense, enabling institutions to operate with greater clarity, confidence, and long-term resilience.”  

Since its launch, the company has grown its customer base to more than 50 enterprise clients, including government entities, publicly listed companies, and organizations across both the public and private sectors. Its platforms are also used by several regulatory and oversight bodies in Saudi Arabia. That growth also shaped how Solidrange positioned itself in negotiations with its investors. “At this stage, the traction spoke louder than projections," Labani revealed. "We demonstrated strong enterprise adoption in Saudi Arabia, proving that demand for locally developed, regulation-ready platforms is structural and continuing to grow. Investors saw not just a product, but disciplined execution, a clearly defined market gap, and a scalable regional opportunity. We approached fundraising only after validating product maturity and establishing a repeatable and sustainable growth model."

Solidrange’s product suite is built around two core platforms that address both organizational and human-related cybersecurity risks in line with Saudi regulatory requirements. Its EasyCompliance platform automates governance, risk, and compliance processes, supports internal audits, strengthens policy and control management, and connects departments through a unified workflow. Its Awareness10 platform, meanwhile, combines cybersecurity training with phishing simulations to assess employee preparedness, evaluate response behavior, and identify human-related vulnerabilities. 

AI underpins much of this work, particularly within GRC workflows, where Solidrange is focused on using technology to support decision-making while maintaining clear human accountability. “AI adds real value in GRC by enhancing visibility and accelerating execution, including automating workflows, mapping controls intelligently, and surfacing risk signals earlier," Labani said. "However, where expectations often exceed reality is in the belief that AI can replace governance altogether. The future lies in augmented decision-making, where technology strengthens accountability and oversight rather than removing human responsibility."

Labani also highlighted that operating in a sector where trust is critical has presented its own set of challenges, particularly when competing against established international players. “Cybersecurity is a trust-driven industry that is dominated by global incumbents," he noted. "The central challenge is credibility, while the advantage lies in proximity. Being built in Saudi Arabia allows us to align deeply with regulatory frameworks, institutional priorities, and operational realities. The Kingdom’s national ambition and strong leadership support for local technology have created a rare moment of opportunity. We are leveraging that momentum to position Solidrange as a regional platform designed not only to compete, but to lead.” 

Labani added that the principles underpinning Solidrange’s positioning extend beyond the company itself, offering a blueprint for other entrepreneurs building in the region. “Stay close to the market," he advised his peers. "In a region moving as quickly as ours, founders who win are the ones who build for real institutional needs, and align their solutions with long-term national direction, rather than chasing short-term hype.” 

Pictured in the lead image is Solidrange founder Jamal M. Labani. Image courtesy Solidrange.