Riyadh, 27 October 2025
Najeeb.ai, a Saudi-based insurtech startup founded in 2023 by Ahmed Yasmina and Hammam Homsi, has successfully closed a pre-seed funding round from local and regional angel investors. The amount raised is undisclosed.
The company integrates artificial intelligence into insurance-tech workflows, focusing on efficiency, transparency and automation across health and auto insurance segments. Among its capabilities: medical pre-authorisation checks, detecting fraud in medical and vehicle claims, analysing clinical data for insurer decision-making, and optimising operations for insurance companies and service providers.
Najeeb.ai says it will use the new funding to develop its AI-powered products, scale operational readiness, form strategic partnerships with insurers and healthcare providers, and prepare for a regional rollout beyond Saudi Arabia.
Why this matters:
- The insurance sector in MENA is seeing renewed attention as digital transformation, regulation and operational efficiency become pressure points.
- AI-enabled insurtech solutions like Najeeb.ai are positioned to capture value by reducing cost, speeding up claims, and improving service quality for providers and customers alike.
- For investors and ecosystem partners, health-tech and insurtech are becoming strong adjacent plays to fintech, with more embedded regulation and infrastructure needs.
- For startups operating in this space, the raise indicates early-stage momentum and potential for collaboration or co-innovation with incumbent insurers or regional expansion.
Editorial Team Note
Insurance might not always headline startup coverage, but the innovation happening within it often defines structural industry shifts. With Najeeb.ai, we see a startup tackling the backbone of insurance operations — claims, fraud detection, data integration — in a region where those processes have traditionally been manual and fragmented. At Startups MENA, we’re keen to track how they move from pilot to scale, and what their expansion means for insurance across the Gulf and MENA.
— Startups MENA Editorial Team
