Bahrain-based insurtech startup Soor has secured an undisclosed pre-Seed investment from Spring, a venture studio backed by Salica and Al Waha Fund of Funds. The funding will support the startup's product development and growth plans. Founded by Mahmood Dhaif and Qasim Albaqali, Soor has developed a digital platform that allows customers to compare insurance policies. Following the investment, Soor plans to enhance its platform capabilities and improve its user experience.
Company Information
Company
Soor
Location
Bahrain
About
Soor is a Bahrain-based insurtech startup that operates a digital insurance platform allowing users to compare and purchase policies from multiple insurers through a single app. Founded in 2024 by Mahmood Dhaif and Qasim Albaqali, the company aims to simplify insurance purchasing by providing greater transparency around available policies and pricing. Licensed by the Central Bank of Bahrain, Soor also offers insurers a digital distribution channel. The startup plans to use its recent funding to enhance its platform and expand partnerships.
BahrainFinancial ServicesFintechInsurtechInsurance