Data Hits SAR 45 Million Valuation, Expands Saudi Enterprise AI Platform
Saudi AI startup Data achieves a SAR 45 million pre-revenue valuation in eight months, expanding its enterprise AI platform.Summary
Saudi artificial intelligence company Data has secured an implied valuation of SAR 45 million (USD 12 million) within eight months of its pre-revenue development phase. This milestone reflects strong institutional demand for unified, sovereign enterprise AI solutions across the Kingdom. As part of its rapid scaling, Data acquired backend development and infrastructure services valued at SAR 450,000 from a strategic partner in exchange for 1% equity. The company is building an integrated ecosystem of proprietary AI tools, including Data AI, Legal AI, Financial AI, and HR AI, designed to analyze and optimize operational data across every department. Founded by Salman Asseri, Abdulkarim Al Shayi, Muhannad Abdullah, and Abdulwahab Sultan, Data aims to equip modern enterprises with the architecture needed for faster, data-driven decision-making. The company is currently finalizing its software assets, focusing on automated workflows, predictive analytics, and enterprise compliance engines for upcoming commercial deployments.
(Source：Ein Presswire)