- A Seed-stage platform has announced the close of a $1 million Seed funding round aimed at enhancing investors’ access to financial information powered by artificial intelligence.
- The funding round was led by Gharesah Investment, with the goal of enabling accurate and transparent financial data access to better serve investors in the Saudi market.
SahmAlgo, a data analytics and AI-driven financial intelligence platform, has closed a $1 million Seed funding round led by Gharesah Investment.
The new investment aims to accelerate the development of SahmAlgo’s AI solutions within the Saudi market and the wider region.
The funds will be directed toward advancing the platform’s artificial intelligence algorithms, expanding its data infrastructure, and enhancing reliability to match the fast-moving dynamics of the Saudi financial market.
The round will also support the launch of new institutional-grade products, enable direct integration with brokers and asset managers, attract specialized talent, and strengthen compliance and governance frameworks.
SahmAlgo enables investors to access accurate and transparent financial information through an integrated suite of tools that includes short-term price estimations, technical stock analysis, and financial news analysis.
The platform also features “Algo Radar,” designed to monitor real-time market movements. All tools are offered through a unified interface tailored to both individual and institutional investors.
Dr. Yasser Farha, Co-Founder and CEO of SahmAlgo, emphasized that the company aims to empower investors with smart, real-time, and easy-to-understand market insights at competitive pricing.
The investment will support deeper AI research, the rollout of an enterprise offering, and the continued development of what the company describes as the most intelligent and reliable financial information source for investors in Saudi Arabia.
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