SAUDI ARABIAFunding
Saudi IPO-readiness startup IDRAJ raises SAR 2.25M pre-seed led by ASAP Legal Tech
Saudi AI startup IDRAJ closed a SAR 2.25 million pre-seed round led by ASAP Legal Tech, about $598,000, to expand its team and build tools for corporate IPO and listing readiness. Founded in 2026 by Kholoud Al Saleh, the company said the product assesses listing readiness, analyses regulatory requirements and organizes documentation for Main Market and Nomu listings.
Announcement (entARABI) → · MENA Startup Digest, Khalf El Hadth
Key points
- Round sized at SAR 2.25 million, about $598,000, led by ASAP Legal Tech.entARABIMENA Startup DigestKhalf El Hadth
- Founded in 2026 by Kholoud Al Saleh.entARABIMENA Startup Digest
- Product assesses listing readiness, analyses regulatory requirements and organizes documentation.entARABIMENA Startup Digest
- Targets Saudi Exchange Main Market and Nomu Parallel Market listings.entARABIMENA Startup Digest
- Proceeds for team expansion, product development and adviser integrations.entARABIMENA Startup Digest
- MENA Startup Digest attributed its write-up to entARABI as the source.MENA Startup Digest