Najeeb.ai Secures Seed Funding to Transform Saudi Insurance with AI Innovation

Editorial Team

Last updated 27-10-2025

3 min

Saudi startup Najeebai secures pre-seed funding to develop AI-driven insurance solutions.

Founded in 2023, the company aims to modernise medical and vehicle insurance processes.

Their platform integrates directly with insurers' systems, enhancing claims approval and fraud detection.

Expansion plans focus on Saudi Arabia initially, with ambitions to enter neighbouring markets.

Najeeb.

ai seeks to make insurance smarter and more transparent, aligning with Vision 2030 goals.

Saudi startup Najeeb.ai has just wrapped up its pre-seed round, securing backing from a mix of local and regional angel investors eager to see the company’s AI-powered insurance tools take off. The funds will fuel product development, partnerships, and expansion within the Kingdom — a move that neatly ties into Saudi Arabia’s Vision 2030 ambition of pushing digital transformation deeper into healthcare and financial services.

Founded in 2023 by Ahmad Yasmina and Hammam Homsi, Najeeb.ai might be young, but it’s tackling an old headache: the clunky, paper-heavy processes that have long defined medical and vehicle insurance. The founders are betting on artificial intelligence to modernise how claims are approved, fraud is detected, and data is analysed in real time. According to the company, these tools could slice through operational costs while giving both insurers and customers a slicker, more transparent experience.

From what I gather, they’re not trying to reinvent the wheel — they’re simply greasing it. Insurers often struggle with slow approvals and limited visibility over claims, so Najeeb.ai’s platform aims to plug directly into insurers’ and hospitals’ existing systems. That integration piece can be a bit of a faff, sure, but once it’s done, the payoff could be major. I reckon the timing’s spot on too: the rise of InsurTech across MENA has created a rare opening for data-driven startups that understand both the local market and the tech.

The startup’s roadmap includes building an infrastructure that can handle large-scale data exchange, which in turn should make it easier for healthcare providers and insurers to collaborate seamlessly. On the flip side, convincing old-school firms to trust algorithms with claim approvals might take some work — there’s still plenty of scepticism around automation in such a high-stakes industry.

Still, the founders’ mission to make insurance smarter and fairer feels refreshingly pragmatic. At Arageek, we’ve seen similar success stories when startups blend AI with industry know-how, and this one has all the right ingredients. Having once sat through a two-hour wait just to get a simple insurance form stamped in Riyadh, I can tell you — any innovation that trims even half that hassle gets my vote.

For now, Najeeb.ai’s expansion will stay domestic before heading to neighbouring markets. Whether it can navigate the crowded InsurTech scene remains to be seen, but the appetite for change is definitely there. One thing’s for sure: if they play their cards right (and avoid getting lost in red tape), this homegrown venture could well become one of the Kingdom’s flagbearers for intelligent insurance. Pretty exciting stuff, even if it’s still early days.

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