Saudi Startup Signit Raises $15m Series A Led by Raed Ventures for AI Contract Management
The round, with STV, Seedra Ventures, Takamol Ventures and Suhail Ventures participating, will scale Signit's AI-powered contract-management platform in the Kingdom.
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Signit, a Saudi startup, raised $15 million in a Series A round led by Raed Ventures to expand its AI-powered contract-management platform. STV, Seedra Ventures, Takamol Ventures and Suhail Ventures also participated.
Announced in April 2026, the round reflects continued investor appetite for Saudi enterprise software. Signit will use the capital to grow its platform, which digitizes and automates contract creation, signing and management for organizations across the Kingdom.