Riyadh – Sharikat Mubasher: The AI-powered finance intelligence platform Kudwa announced it has secured $1.1 million in a funding round backed by 1818 Venture Capital, F6 Ventures, Sparked VC, IM Fndg, and IVP. The company said in a press release that the capital will be used to accelerate product development, expand strategic integrations, and scale its go-to-market activities across multiple international markets.

The company operates in multiple countries, including the UAE, Saudi Arabia, the US, and India. Its core target market is businesses with 50 to 500 employees and up to $80 million in turnover.

Karl Nasr and Sam Arif, Co-Founders of Kudwa, indicated that the funding round was completed ahead of schedule in late 2025, allowing the team to focus on product development and customer-driven features while building a strong team to advance the company’s AI-powered financial intelligence platform.

Founded in 2023, Kudwa develops an AI finance manager platform designed to generate financial insights while automating manual analysis and reporting workflows for finance teams. The platform connects with ERP, accounting, and operational systems to deliver real-time financial planning and analysis tools.

Described by the company as a “financial brain” for modern finance departments, the technology integrates data pipelines, forecasting models, intelligent dashboards, and scenario planning capabilities, enabling organizations to move away from spreadsheet-heavy processes and toward automated financial decision-making.

With the new funding, Kudwa plans to further expand capabilities such as multi-entity consolidation, AI-powered forecasting, cash visibility tools, and advanced reporting features while strengthening platform integrations and scaling its market presence.