SahmAlgo has secured new funding to strengthen its role in Saudi Arabia’s fast growing fintech landscape. The company focuses on AI driven financial analytics and aims to offer clear, real time insights for both retail and institutional investors. This new milestone marks a strong step toward building smarter financial decision making across the region.
Strong seed round to support expansion
SahmAlgo raised 1 million dollars in a seed round led by Gharesah Investment. The company plans to use this capital to deepen its technology and expand its reach. Founded in 2022 by Dr Yasser Farha, the platform already delivers multi layered analytics that help users track market movements with speed and accuracy.
The team wants to scale its AI models and strengthen its data resources. It also plans to add new features tailored for institutions, including brokers and asset managers. These planned upgrades aim to create a stronger ecosystem for investors who need reliable intelligence in a fast pace market.
Building advanced financial intelligence
SahmAlgo positions itself as a full financial intelligence platform. It brings together data, analytics and AI models in one simple interface. The platform helps traders and institutions understand market signals without complex tools.
It offers features such as:
- Short term price estimations
- Technical indicators and chart based signals
- News based insights that highlight market sentiment
- RadarAlgo for real time scanning across markets
- Integrated dashboards for clear, structured analysis
These tools help users move beyond basic charts. They offer deeper clarity and reduce guesswork during volatile trading periods.
Focus on data quality and system reliability
The Saudi market moves quickly. SahmAlgo wants to keep pace by improving the accuracy and stability of its systems. The company plans to invest in data enrichment and real time infrastructure. This investment will help users trust the signals and insights they receive.
The new funding will also support talent acquisition across AI, engineering and product development. SahmAlgo aims to build a strong technical team that can handle complex market problems with speed. The company will also strengthen its compliance and governance frameworks to support future partnerships with regulated institutions.
Vision to empower all investors
Dr Yasser Farha, co founder and CEO, says the mission is to empower investors with intelligent and easy to understand insights. He wants SahmAlgo to offer value at a competitive price while keeping the platform simple for beginners and powerful for experts.
The company plans to launch new institutional products that integrate directly with brokers and asset managers. This approach will bring its intelligence tools to a wider set of users and strengthen market transparency across Saudi Arabia.
With this new funding, SahmAlgo is moving closer to its goal of becoming the most trusted financial intelligence source in the region.