Saudi-based sales intelligence startup Mawsool has closed a pre-seed funding round with participation from angel and corporate investors. The company did not disclose the value of the round.
Investors included Parachute16, Ghassan Halaweh, THANAWI, Advanced Elements Co. and Abdullah Al-Dosari, alongside other investors.
Mawsool said it will use the funding to develop its technology and strengthen its sales solutions for businesses in Saudi Arabia and across the Middle East and North Africa.
Founded in 2023 by Osama Abdelhadi and Odai Ali, Mawsool uses artificial intelligence and virtual agents to identify corporate prospects, verify business data and deliver leads to sales teams. The company said its platform provides access to more than 1 billion verified business contacts.
Mawsool aims to help companies identify new opportunities, reach potential customers and convert leads into deals through real-time search and continuously updated databases.
Source: Jawlah
