Saudi-based Regulatory Technology (RegTech) startup, STAMP, has successfully closed a $2 million pre-seed funding round. The company is developing an AI-powered platform designed to streamline compliance and corporate operations for businesses in the Kingdom.
This new capital injection will be used to accelerate the development of its integrated platform, enhance its artificial intelligence capabilities, and further support organizations in optimizing corporate governance and compliance readiness within Saudi Arabia’s evolving regulatory landscape.
Streamlining Corporate Compliance
Founded in 2021 by lawyers Muyasser Albar and Mohammed Zarei, STAMP is building a comprehensive solution to simplify how businesses manage their legal and regulatory obligations. The platform integrates multiple government systems, registration processes, HR workflows, and compliance tasks into a single, intelligent dashboard.
By providing a unified interface, STAMP aims to increase efficiency and transparency, allowing companies to navigate complex regulatory requirements more effectively. The platform utilizes advanced security measures, including end-to-end encryption and secure in-Kingdom cloud hosting, to ensure data confidentiality and compliance with local and international data protection standards.
A Freemium Approach
STAMP operates on a “freemium” business model, allowing users to access a basic dashboard and receive instant alerts at no cost. This entry-level offering provides immediate value, with the option to upgrade to paid plans that unlock advanced features and expanded capabilities for more complex corporate needs.
This approach lowers the barrier to entry for businesses seeking to improve their compliance posture, making sophisticated RegTech tools accessible to a wider range of companies across the Kingdom.
About STAMP
Founded in 2021, STAMP is a Saudi RegTech startup specializing in corporate services. Its core offerings include managing regulatory license applications, registrations, incorporation, and post-incorporation services. The company’s mission is to provide a fully integrated digital solution that helps businesses efficiently manage legal and regulatory obligations in Saudi Arabia.
Source: Waya
