Saudi Arabia-based insurtech Najeeb.ai has raised an undisclosed pre-seed round from local and regional angel investors.
Najeeb.ai, a platform specializing in integrating artificial intelligence with insurance technology, will use the new capital to develop AI-based products, expand integrations with insurance companies and healthcare providers, and strengthen operational readiness for local and regional commercial expansion.
Founded in 2023 by Ahmed Yasmina and Hammam Homsi, Najeeb.ai aims to improve the efficiency and transparency of insurance operations through AI-driven solutions for the automotive and health insurance sectors, aligning with Saudi Vision 2030’s digital transformation goals.
Najeeb.ai was established to improve insurance operations.
The company plans to utilize the funding to drive growth and expansion in the region.
Author's summary: Najeeb.ai raises pre-seed funding.