- RasMal, a fintech company focused on investment governance, closed its Pre-Series A investment round with $4.8 million in funding.
- The investment will enhance RasMal’s AI-driven platform for cap table management, fundraising, and equity transfers.
- This milestone aligns with Saudi Vision 2030 and aims to enhance the efficiency of the region’s fintech ecosystem.
RasMal is a fintech company focusing on cap table management and investment governance. The company successfully closed a Pre-Series A investment round, raising $4.8 million (18 million SAR).
Syndicate Element Holding Group (SHG) led this round, finalized at LEAP 2025 in Riyadh. RasMal can utilize this investment to expand its platform, offer equity transfers, and provide advanced tools that facilitate fundraising processes.
This step supports the growth of a technology-driven financial ecosystem in Saudi Arabia, aligning with Saudi Vision 2030.
RasMal Enhances Financial Governance
Through its platform, RasMal provides private companies and investors with tools that simplify financial governance processes. It offers features such as AI-driven firm valuations, cloud-based data rooms, and automated legal documents. It also streamlines cap table maintenance, fundraising, and equity transfers.
Investors and businesses can leverage these solutions to improve efficiency, alleviate administrative burdens, and increase transparency.
Pentugram, the company’s subsidiary, significantly boosts RasMal’s capabilities by providing deal flow management and investor reporting tools. Pentugram also ensures that crucial data and insights are more readily accessible to stakeholders.
Supporting Saudi Vision 2030
The new investment supports Saudi Arabia’s Vision 2030 which hopes to foster a technology-driven economy.
RasMal will be able to position itself as an integral player in the transformation of the Kingdom’s financial sector. This will further support the development of efficient and transparent investment processes.
“Through our partnership with SHG, we will accelerate the adoption of automation in fundraising and equity transfers, adding significant value to the investment ecosystem in the region.”
Nasser Al-Tamimi, Co-Founder of RasMal
The participation of Syndicate Element Holding Group showcases its dedication to supporting businesses and advancing the region’s fintech industry.
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