Saudi Arabia-Based Asas Secures $320,000 Pre-seed to Accelerate Resquad AI's Development

Asas, a Saudi Arabia-based technology provider and parent company of Resquad Ai, has secured $320,000 in the pre-seed round.

Launched in 2024 by Abdullah Abdulaziz Al-Jafaari, Resquad AI allows software development organizations to flexibly share their available developers or with external clients. This solution enables companies to maximize their talent, streamline their operations, and address the challenge of available talent and resources within the tech ecosystem.

The seed round will energize Resquad AI to accelerate its development by providing innovative solutions within the Kingdom of Saudi Arabia and how software development companies collaborate with talent sharing globally.

Expressing his enthusiam, Abdullah Abdulaziz Al-Jafaari stated “We are extremely excited to have the trust and support of our investors at this early stage. In a short period, our team has delivered remarkable results, with our growth doubling for three consecutive months. This phenomenal progress is a clear testament to the trust our clients have placed in us and is a strong validation of our business model. This investment will enable us to continue this momentum and deliver even more value to our partners and clients.”

This funding round was led by prominent angel investor Mr. Abdulrazzaq Mohammed Al-Ansari, who explained his decision to invest in the company.“I was truly impressed by the rapid growth Resquad AI has achieved at this early stage. The team’s expertise and deep understanding of the industry are commendable, and I believe in their ability to scale this platform to meet the growing needs of the software development community. This investment is a vote of confidence in both the team and the vision they are working to realize.”