Riyadh, Saudi Arabia — Saudi-based insurtech startup Najeeb.ai has successfully raised an undisclosed pre-seed funding round from a group of local and regional angel investors, marking a key milestone in its mission to enhance the efficiency and transparency of the insurance sector through artificial intelligence.
Founded in 2023 by Ahmed Yasmina and Hammam Homsi, Najeeb.ai specializes in integrating AI technologies with insurance operations to streamline processes, detect fraud, and improve decision-making. The company’s solutions target both automotive and health insurance segments, aligning with the Kingdom’s Vision 2030 objectives to accelerate digital transformation across key industries.
The newly raised capital will be used to develop AI-based products, enhance integrations with insurance companies and healthcare networks, and prepare for regional expansion.
Najeeb.ai’s platform offers a suite of intelligent solutions — including automated medical approvals, fraud detection in medical and vehicle claims, and clinical data analysis to support insurance decision-making. By leveraging AI, the startup aims to help insurers and service providers optimize operations and deliver faster, more accurate, and more transparent services.
