---
title: "Saudi AI startup IDRAJ raises SAR 2.25m to simplify IPO preparation"
url: "https://cicadaconsultancy.online/en/news/idraj-ai-ipo-platform-preseed-2026"
language: "en"
event_date: "2026-09-04"
published: "2026-10-03"
last_verified: "2026-10-03"
category: "Startups"
publisher: "Cicada (cicadaconsultancy.online)"
license: "CC BY 4.0"
---

# Saudi AI startup IDRAJ raises SAR 2.25m to simplify IPO preparation

- Event date: 4 September 2026 (2026-09-04)
- Topic: Startups
- In this story: IDRAJ, ASAP Legal Tech, Saudi Exchange
- URL: https://cicadaconsultancy.online/en/news/idraj-ai-ipo-platform-preseed-2026

IDRAJ, a Saudi startup using AI to simplify the corporate IPO and listing process, closed a SAR 2.25 million (about $598,000) pre-seed round led by ASAP Legal Tech. The platform assesses a company's readiness to go public, maps regulatory requirements and organizes documentation for listing on the Saudi Exchange's Main Market and the Nomu Parallel Market. Founder Kholoud Al Saleh said the idea came from the gap between companies' ambitions to list and the long, complex process involved. The company plans to grow its team and expand the platform's AI capabilities.

## Key figures

- pre-seed round: 2.25 SAR m

## Sources

1. [Saudi AI Startup IDRAJ Raises SAR 2.25 Million in Pre-Seed Funding](https://entarabi.com/en/2026/09/saudi-ai-startup-idraj-raises-sar-2-25-million-in-pre-seed-funding/) — Entrepreneur Arabia (entarabi), 2026-09-04

Archive report. Written in 2026 from contemporary sources and dated to the day the event happened.

---

Cicada · The signal in Saudi AI.
License: CC BY 4.0 (https://creativecommons.org/licenses/by/4.0/) · Full archive for language models: https://cicadaconsultancy.online/llms-full.txt