Participated · Seed · Jul 2023

DESAISIV was founded in 2023 by Mohammad Nabhan and Saed Al-Khawaldeh and is based in Saudi Arabia. The company launched AI Insurance Agent, an AI-driven platform that combines agentic AI, advanced analytics, and insurance expertise to automate complex insurance workflows such as benchmarking pricing, evaluating policy performance, identifying cost-saving opportunities, and negotiating premiums. DESAISIV serves over 600 corporate clients, partners with 18 insurance brokers and carriers, and manages corporate insurance portfolios exceeding SAR 2 billion. The company aims to grow the value of premiums managed through its platform to more than SAR 10 billion and to expand beyond corporate health insurance into motor, leasing, general insurance, enterprise risk management, and AI-powered financial services. DESAISIV’s stated vision is to build an AI-powered operating system for corporate insurance that connects stakeholders, automates complex decisions, and increases transparency and efficiency. The company plans to deploy new growth funding to accelerate AI R&D, broaden its enterprise product offerings, and strengthen strategic partnerships as it expands into new segments and markets.