a16z leads $25m Series A in Saudi fintech Stitch, reportedly its first Gulf bet
By Cicada DeskEvent date: 1 min read
Added to the archive: Last verified:
In brief
Andreessen Horowitz led a $25 million Series A in Stitch, a cloud-native operating system for financial institutions, in what Arab News described as the firm's first Gulf investment.
Andreessen Horowitz led a $25 million Series A in Stitch, a cloud-native operating system for financial institutions, in what Arab News described as the firm's first Gulf investment. The round came in a week when five Saudi firms raised funds.
Others included Aumet ($12 million Series A, health tech, led by Emkan Capital) and Stream (a $5.2 million seed extension involving BECO Capital).
Key figures
- $25mround size
Sources
This report is compiled from the sources below. Cicada links to every source we rely on.
Archive report. Written in 2026 from contemporary sources and dated to the day the event happened.
Cite this story
Cicada Desk. "a16z leads $25m Series A in Saudi fintech Stitch, reportedly its first Gulf bet". Cicada, 16 May 2026. https://cicadaconsultancy.online/en/news/a16z-first-gcc-bet-stitch-2026
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