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Saudi AI startup Almutanabi seeks $4M Series A funding for its equity trading application. The company launched in August and offers AI-powered stock picks to retail and institutional investors.
Amount Raised
$4 Million
Round Type
Series A
Saudi ArabiaArtificial IntelligenceFintechBlockchainCryptocurrencyMachine LearningDescription
Almutanabi, a Saudi Arabian startup, has launched an AI-powered equity trading application that provides trading suggestions for Saudi and global stocks. The company became available to paying customers on August 30 and currently has fewer than 100 retail investor users. Almutanabi is seeking $4 million in Series A funding to expand its customer base to include large institutional investors. The company is approved by the Capital Markets Authority to act as an adviser, using homegrown AI technology to analyze trading patterns, cash flows, and price changes.
Fundz sees it the moment Almutanabi raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Funding Insights
Based on industry dataAlmutanabi raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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