Riyadh – Sharikat Mubasher: Saudi proptech platform Aamar announced it has closed a seed funding round exceeding $4 million, with participation from Aqar App, RZM Investment, Almajdiah Investment, BLOMINVEST, alongside a group of angel investors.

As per a recent press release, the company began operations in Riyadh and is preparing to expand geographically across other regions of Saudi Arabia. The new funding will support this expansion, as well as the development of additional digital products aimed at enhancing leasing efficiency and improving overall user experience.

Founded to digitize and simplify the end-to-end leasing journey, Aamar provides a fully automated rental experience for both individuals and businesses, reducing manual processes and improving operational efficiency.

The platform leverages artificial intelligence and integrates with real estate platforms and relevant regulatory entities to streamline communication, coordination, and daily leasing operations, offering greater transparency and a smoother experience for landlords and tenants.

Since launch, Aamar has served more than 10,000 customers, with registered rental units on the platform exceeding SAR 150 million in lease value.