Mawsool closes a pre-seed round for its sales intelligence platform
Riyadh-based sales intelligence platform Mawsool closed an undisclosed pre-seed round backed by angel and corporate investors.
Mawsool, a Riyadh-based B2B sales intelligence startup, closed an undisclosed pre-seed round.
- Founders: Osama Abdelhadi and Oday Ali; the company was founded in 2023
- Investors: Parachute16, Ghassan Halawa, THANAWI, Advanced Elements Co. and Abdullah Al-Dosari, along with other angel and corporate investors
- Product: An AI-powered B2B platform that helps companies find prospective customers, access company information, verify business contacts and generate sales leads
- Use of funds: Developing its technology and sales intelligence capabilities, and expanding across Saudi Arabia and the wider MENA region
The company says it offers access to more than one billion verified business contacts, though Wamda noted the figure has not been independently verified.
What it means for founders in Saudi
B2B sales tools built for the local market are still drawing very early-stage investors, even as overall funding slows. The round also came from a mix of angels and corporates rather than a single lead fund, a common pattern in pre-seed rounds right now.
Sources: Wamda.
