Founded in 2022 by Dr. Yasser Farha, SahmAlgo offers a unified interface that supplies traders and enterprises with short-term price estimations, technical stock analysis, news-driven insights, and a real-time market-scanning tool called RadarAlgo. Its multi-dimensional analytics engine is designed to provide transparent, easy-to-understand intelligence at a competitive price. The company positions itself as an integrated data and analytics hub for the rapidly evolving Saudi capital markets. With the newly raised seed capital, SahmAlgo plans to deepen its AI research, enrich its proprietary data assets, and bolster system reliability to keep pace with local market dynamics. The team will also launch institutional-grade products featuring direct integrations for brokers and asset managers, augment compliance and governance frameworks, and expand headcount across key functions. To date, the company has secured $1 million in outside funding, which underpins its near-term growth initiatives.

Total raised

$1M

Funding rounds

1

Latest round

Seed

Latest activity

Nov 2025