Mawsool Raises Pre-Seed Funding for AI Sales Platform

Saudi AI-powered business solutions startup Mawsool has raised a Pre-Seed funding round from a group of angel investors to accelerate development of its business-to-business lead generation platform and expand across Saudi Arabia and the wider MENA region.

Backers include Abdullah Al-Dossary, founder of T2, Ghassan Halawa, founder of Parachute16, and Dr Abdullah Al-Saadoun, alongside other unnamed investors. The company did not disclose the size of the round, its valuation or equity stakes.

Founded in 2023 by Osama Abdelhadi and Oday Ali, Mawsool operates a cloud-based sales intelligence platform that uses AI agents to identify prospective customers, collect company information and verify contact details before passing qualified leads to sales teams.

The company positions the platform as a way to reduce manual research during early-stage prospecting and keep business information more current, particularly in the Saudi market. Mawsool has not disclosed independently verified accuracy figures, the size of its contact database, customer numbers or conversion rates.

The new funding will be used to accelerate technology development, improve the platform’s sales intelligence capabilities and expand its reach in Saudi Arabia. Mawsool also plans to enter additional MENA markets, although it has not disclosed which countries it will target first or a timeline for the rollout.