Stride Ventures, a global credit and private debt platform, has raised approximately US$300 million across its three funds in the Gulf Cooperation Council (GCC), India, and the UK, with a final close targeted at US$600 million.
The capital comes from sovereign funds, banks, insurance companies, treasuries, and global asset managers, reflecting institutional confidence in Stride’s governance, underwriting standards, and transparency.
Its expansion in the GCC highlights the increasing role of alternative credit in supporting entrepreneurship and non-dilutive growth financing.
Recently, Stride has partnered with regional institutions to strengthen the financing ecosystem, including a collaboration with SAB Invest, one of Saudi Arabia’s largest institutional investors, aimed at expanding access to growth and private credit for startups and SMEs.
Stride has also worked with companies such as Erad, a Shariah-compliant fintech platform for SME revenue financing, and BRKZ, a managed marketplace in Saudi Arabia’s construction sector, introducing venture and growth debt structures to regional businesses.
Since its inception, Stride Ventures has committed more than US$1.6 billion across over 200 companies in sectors including fintech, healthtech, enterprise SaaS, consumer brands, and mobility.
Apoorva Sharma, Managing Partner at Stride Ventures, said:
“Our partnership with sovereign and institutional investors exemplifies that approach, combining investor prudent strategies with founder-focused solutions that can strengthen the next phase of regional innovation and cross-border collaboration.”
Featured image credit: Edited by Fintech News Middle East, based on image by jcomp via Freepik
