---
title: "a16z leads $25m Series A in Saudi fintech Stitch, reportedly its first Gulf bet"
url: "https://cicadaconsultancy.online/en/news/a16z-first-gcc-bet-stitch-2026"
language: "en"
event_date: "2026-05-16"
published: "2026-10-03"
last_verified: "2026-10-03"
category: "Startups"
publisher: "Cicada (cicadaconsultancy.online)"
license: "CC BY 4.0"
---

# a16z leads $25m Series A in Saudi fintech Stitch, reportedly its first Gulf bet

- Event date: 16 May 2026 (2026-05-16)
- Topic: Startups
- In this story: Andreessen Horowitz, Stitch, Aumet, Stream
- URL: https://cicadaconsultancy.online/en/news/a16z-first-gcc-bet-stitch-2026

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

- round size: $25 m

## Sources

1. [Startup Wrap: Saudi startups dominate MENA funding week as a16z makes first GCC bet](https://www.arabnews.com/node/2643776/amp) — Arab News, 2026-05-16

Archive report. Written in 2026 from contemporary sources and dated to the day the event happened.

---

Cicada · The signal in Saudi AI.
License: CC BY 4.0 (https://creativecommons.org/licenses/by/4.0/) · Full archive for language models: https://cicadaconsultancy.online/llms-full.txt