Aamar, a Riyadh, Saudi Arabia-based startup offering an AI-powered platform to automate and digitize the rental market, has raised over $4 million in a Seed round.
Investors
The round included participation from Aqar App, Razm Investment, Al Majdiah Investment, Blom Invest, and several angel investors.
Aamar Use of Funds
The company will use the funds to expand Aamar’s AI-powered platform capabilities, scale geographically across Saudi Arabia, and broaden its proptech product suite.
About Aamar
Founded in late 2023 by Faisal Alarfaj, Abdulaziz Alyabis, and Yousef Qanaq, Aamar is a proptech company focused on property rentals and lease management. Its AI-powered platform automates leasing and asset-finance operations, simplifying the rental journey for individuals and businesses while reducing manual coordination. The platform leverages AI technologies and integrates with real estate platforms and relevant regulatory entities to streamline communication, automate coordination, and deliver a clearer and more transparent landlord-tenant experience. Headquartered in Riyadh, Saudi Arabia, Aamar has served more than 10,000 customers.
Funding Details
Company: Aamar
Raised: $4.0M+
Round: Seed
Funding Date: January 2026
Investors: Aqar App, Razm Investment, Al Majdiah Investment, Blom Invest, angel investors
Company Website: https://aamar.sa/
Software Category: PropTech / AI Rental Management
Source: https://www.wamda.com/2026/01/aamar-raises-4-million-seed-round-modernise-saudi-rental-market