Rasēd, a Riyadh, Saudi Arabia–based AI-powered fraud detection and prevention platform for financial institutions and fintechs, has closed a pre-seed funding round.
Investors
The round was led by Wa’ed Ventures and SHARE Investment Co., with participation from additional undisclosed investors.
Wa’ed Ventures is the venture capital arm of Aramco, dedicated to accelerating the startup ecosystem in Saudi Arabia. With a $500 million fund, it invests in seed to growth-stage technology companies, focusing on sectors such as digitalization, sustainability, and manufacturing.
SHARE Investment Co. is the investment arm of Al-Taawin Investment Group, established in Saudi Arabia in 2019. It invests in companies across various sectors undergoing rapid growth or significant digital transformation. SHARE Investment Co. focuses on helping ambitious entrepreneurial companies scale and grow by providing capital and facilitating access to essential resources.
Rasēd Use of Funds
The funds will be used to accelerate product development, enhance AI-driven fraud detection capabilities, and expand Rasēd’s footprint within the financial and fintech sectors across the region.
About Rasēd
Founded in 2022 by Dr. Talal Albadrani and Mostafa Al-Salhi, Rasēd is an AI-driven company specializing in financial fraud detection and prevention. Its proprietary technology analyzes data to identify fraud patterns, predict risks, and understand user behavior—helping financial institutions and fintechs stay ahead of emerging threats. Rasēd’s solutions combine device intelligence, behavioral biometrics, AI-powered detection, and cognitive analysis to deliver proactive and compliant protection against digital fraud. The company offers two main products: a Fraud Detection and Prevention Platform and an Analytical Engine for Post-Incident Analysis and Compliance.
Funding Details
Company: Rasēd
Raised: Undisclosed
Round: Pre-Seed
Funding Date: November 2025
Lead Investors: Wa’ed Ventures, SHARE Investment Co.
Additional Investors: Undisclosed
Company Website: https://www.rased.ai/
Software Category: AI / Cybersecurity / Fraud Detection / Fintech Security
Source: https://bridgemena.com/19768/