- Funding stage
- —
- Raised
- $24M Disclosed · not verified
- People
- 4
- Founded
- 2016
Financial Services
Key facts
| Fact | Confidence | Evidence |
|---|---|---|
| HeadquartersSaudi Arabia | 1 source | |
| Founded2016 | 2 sources | |
| Fundraising statusunknown | no source |
Startup details
Saudi insurtech and fintech group behind digital insurance comparison platforms such as Tameeni and Treza.
Funding
Disclosed equity raised$24MDisclosed · not verified
| Round | Date | Amount | Confidence |
|---|---|---|---|
| IPO | Jun 13, 2024 | $224M | |
| Series A | Nov 17, 2021 | $24M |
- Jun 13, 2024IPO$224M
- Nov 17, 2021Series A$24M
Team
TH
Thamer AlfallajFounder
Co-Founder
Co-founderMO
Moayad AlfallajFounder
Co-Founder
Co-founder & CEOSU
Suliman AlfallajFounder
Co-Founder
Co-founderAY
Ayman AlfallajFounder
Co-Founder
Co-founderRelationships
Investors
- Impact46Lead investor
Founders & leadership
- Thamer AlfallajCo-Founder
- Moayad AlfallajCo-Founder
- Suliman AlfallajCo-Founder
- Ayman AlfallajCo-Founder
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No signals yet. Monitoring begins after the first source is attached.
Sources
Company updates
No company updates yet.
Related companies
Funding
Saudi Insurtech Rasan Raises $224m in Tadawul IPO as Shares Surge 30% on Debut
The Riyadh fintech behind insurance aggregator Tameeni became one of the first Saudi tech startups to list on the main market, with its June 2024 offering oversubscribed roughly 129 times.
Aug 31, 2026ExpansionRasan Wins SAMA Initial Approval to Establish Digital Finance Brokerage Next Fin Solutions
The Tadawul-listed insurtech received initial approval from the Saudi Central Bank to establish Next Fin Solutions, a wholly owned digital finance brokerage.
Aug 31, 2026