Oqood Raises $1 Million Seed Round To Expand AI Legal Solutions

UAE-based legaltech startup, Oqood, has raised $1 million in seed funding from a group of angel investors to expand its AI-powered legal solutions across the GCC. Founded in 2024 by Khaled Al Rasheed, the company builds AI-driven tools for law firms and corporate legal teams to streamline workflows and improve efficiency. The funding will be used to enhance AI product development and further improve Oqood’s smart digital platforms for client communication and workflow automation, alongside regional expansion. “This round reflects the growing investor interest in legal technology, a sector valued at more than $31 billion in 2024 and projected to grow at an annual rate of 9.4%,” said Khaled Al Rasheed, Founder and CEO of Oqood. Across the GCC, legaltech adoption is gaining momentum as more firms integrate AI tools to improve productivity and competitiveness. Oqood’s technology aims to automate repetitive processes, simplify documentation, and enhance communication between clients and lawyers.