Rihal Raises $7.5 Million in Series A

Rihal Raises $7.5 Million in Series A

Rihal, a Muscat, Oman–based technology and data solutions provider, has raised $7.5 million in the first close of its Series A round.

The round was led by ITHCA Group, a venture capital firm and the technology investment arm of the Oman Investment Authority. Established in 2019, the firm’s primary goal is to drive the development of the Information and Communication Technology (ICT) sector in Oman.

The company will use the funds to accelerate regional expansion, scale its SaaS platforms, and strengthen its AI- and data-driven solutions.

Founded in Oman, Rihal is a fast-growing technology and data solutions provider specializing in enterprise SaaS platforms and AI-powered products. Rihal’s proprietary platforms, such as Jadawal, Eysal, Hassad, and Iqraa, help organizations simplify data management, automate processes, and leverage advanced analytics. Headquartered in Muscat, Oman, its client portfolio spans key Gulf sectors, including government, logistics, telecom, and oil and gas.

Funding Details

Company: Rihal

Raised: $7.5M

Round: Series A (First Close)

Funding Date: September 2025

Lead Investor: ITHCA Group

Additional Investors:

Company Website: https://rihal.om/

Software Category: Enterprise SaaS / AI & Data Solutions