Najeeb.ai secures pre-seed funding to power AI-driven insurance in Kingdom

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GHADA.ISMAIL
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Oct 27, 2025
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Riyadh – Sharikat Mubasher: Saudi-based startup Najeeb.ai announced the closing of its pre-seed funding round, supported by a network of local and regional angel investors.

The new funding will accelerate product development, scale operations, and enable strategic partnerships with insurance providers and healthcare institutions, as per a recent press release.

The company also plans to build an integrated operating infrastructure to support future expansion across Saudi Arabia and regional markets.

 The investment marks a key milestone in the company’s mission to digitize and streamline the Kingdom’s insurance sector, particularly in the medical and auto segments.

Founded in 2023 by Ahmad Yasmina and Hammam Homsi, Najeeb.ai is developing an advanced InsurTech platform that uses artificial intelligence to enhance efficiency, transparency, and decision-making in insurance operations. Its solutions include automated medical pre-approvals, fraud detection, and clinical data analysis to optimize claims processing and reduce costs.

By automating claim validation and leveraging data intelligence, Najeeb.ai aims to help insurers become more responsive and cost-efficient while improving the overall customer experience—advancing Vision 2030’s push for digital transformation across critical sectors.


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