• Saudi Arabia-based regtech Mohami has secured $266,000 in a pre-seed round at a valuation of $4 million.
• Founded in 2023, Mohami specialises in providing AI-powered legal consultations.
• Mohami plans to utilise this funding to strengthen its presence in the Saudi market.

Source: EntArabi

Saudi-based legaltech startup Mohami, which specialises in providing AI-powered legal consultations, has successfully closed a SAR 1 million pre-seed funding round, bringing its valuation to SAR 15 million.

This investment reflects investors’ confidence in the startup’s business model and its potential to revolutionise the digital legal sector in Saudi Arabia and beyond.

Mohami plans to utilise this funding to strengthen its presence in the Saudi market by enhancing its services and expanding its reach to meet the growing legal needs of both individuals and businesses.

The company also aims to improve user experience through advancements in artificial intelligence, ensuring accurate and rapid legal consultations at competitive prices.

Mohami seeks to introduce a transformative approach to the legal services industry through its subscription-based legal memberships, operating under the slogan “Your Lawyer Protects You.

” The platform caters to both individuals and businesses, providing seamless access to digital legal solutions that eliminate the need for in-person consultations.

The company envisions expanding into the Gulf Cooperation Council (GCC) region, followed by global markets.

By leveraging cutting-edge legal technology, Mohami aims to redefine the way legal services are delivered, keeping pace with the global evolution of the legal industry.

Mohami stands out in the legaltech space with a range of innovative features, including:

Instant Access to Certified Lawyers: Clients can connect with accredited lawyers anytime, anywhere, ensuring immediate legal support.

Affordable Legal Services: The platform offers cost-effective legal consultations, making legal assistance more accessible to a wider audience.

AI-Powered Legal Insights: Mohami utilises artificial intelligence to analyse cases and provide tailored legal advice based on accurate data.

Flexible Digital Payment Solutions: With integrated digital wallets and installment payment options, clients can conveniently pay for services without financial constraints.

These features highlight Mohami’s commitment to delivering cutting-edge legal services that enhance user experience and meet the evolving demands of the digital legal market.