Company Overview
Alaan is a Dubai UAE-based modern finance platform company founded in 2022 providing AI-powered corporate cards and spend management for Middle East businesses raising $55M total funding including $2.5M seed March 2022 $4.5M pre-Series A 2023 and $48M Series A August 2025 led by Peak XV Partners generating $10M revenue achieving profitability serving 2000+ customers processing 2.5M+ transactions achieving 9x net revenue growth 2023 and 6x 2024 participating in Y Combinator Winter 2023 batch targeting MENA finance through AI-powered automation enabling instant corporate card issuance spending control workflow automation delivering tens of millions in payment volume.
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Key Differentiators
Strong Challenger
Alaan is an established challenger with significant market presence and competitive offerings in Finance.
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Manus
$75M April 2025 (Benchmark $500M); 2M+ waitlist; 29 tools; Browser Use integration; China's DeepSeek moment
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