Saudi-based Ebana Raises SAR 10 Million in Pre-Series A Funding Led by Isnad Law Firm

Riyadh, Saudi Arabia – Ebana | إبانة, a pioneering provider of investor relations management services for closed and simplified joint stock companies, has successfully secured SAR 10 million in a Pre-Series A investment round. The round was led by Isnad Law Firm, marking a significant milestone in Ebana’s journey to enhance business governance through digital solutions.

Ebana specializes in offering a range of innovative services, including maintaining and managing shareholder registers, viewing share certificates, electronically documenting ownership transfers, and more. These services are designed to streamline governance and improve operational efficiency for entities operating in the Kingdom.

The investment aims to support Ebana’s plans to expand its operations and develop new products, catering to the growing demand for digital transformation in governance and employee equity programs.

“We are proud to contribute to this important step, which aligns with our shared vision of enhancing the adoption of digital solutions in governance and equity management,” said a representative from Isnad Law Firm. “This collaboration reflects our commitment to improving the performance of organizations in Saudi Arabia and beyond.”

Ebana was founded in 2020 by a team of accomplished entrepreneurs, including Ali Al-Sharif, Ahmed Al-Tamimi, Talal Al-Tamimi, and Faisal Al-Oraini. Since its inception, the company has been at the forefront of advancing digital governance solutions locally, with aspirations to extend its impact on a global scale.

The partnership between Ebana and Isnad Law Firm underscores the growing importance of innovative technologies in transforming corporate governance. With this funding, Ebana is well-positioned to drive its mission of empowering businesses through cutting-edge digital tools.

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