Asas Specialized Information Technology, a Saudi-based startup and the parent company of Resquad AI, has closed a SAR 1.2 million ($320K) pre-seed funding round by angel investors.

Why it Matters? The platform empowers software development companies to flexibly share their available developers with each other or with external clients.

More to Know:

• The company was founded in 2024 by Abdullah Al Jaafari and Anton Brychak in AlDamam, Saudi Arabia.
• The funds will enable the company to accelerate its growth in Saudi Arabia and enhance innovative solutions.
• The platform allows companies looking for developers to search for available developers and hire them directly.