Asas Nets $320,000 in Pre-seed Funding for Resquad AI
The funding round was led by angel investor Abdulrazzaq Mohammed Al-Ansari.
Asas Specialized Information Technology, based in Dammam, has completed a SAR 1.2 million ($320,000) pre-seed funding round with contributions from angel investors. The funding will be used to expand its Resquad AI platform, which facilitates collaboration in the software development industry.[1]
Founded in 2024, Asas owns the Resquad AI platform, allowing software development companies to share available developers with other firms or external clients. This platform addresses the need for adaptable talent in the tech industry, helping companies manage their resources more efficiently.
With this investment, Resquad AI plans to expand its services across Saudi Arabia and further develop its platform to support sectors undergoing digital transformation.
The funding round was led by angel investor Abdulrazzaq Mohammed Al-Ansari.