With a total value of $4.8 million (18 million SAR), RasMal, the first cap table management and investment governance platform in the MENA region, concludes its Pre-Series A investment round in Riyadh during LEAP 2025, spearheaded by Syndicate Element Holding Group (SHG), a top investment firm. In line with Saudi Vision 2030, which calls for the creation of a technologically advanced financial ecosystem, this investment seeks to implement new tools and services that will expedite equity transfers and fundraising procedures.
A Saudi fintech company called RasMal offers digital solutions to assist private businesses in automating equity transfers, fundraising, and cap table management. The company also helps investors and private funds manage investor relations and investment opportunities.
To improve transparency and operational efficiency, the RasMal platform provides a range of tools for managing cap tables, employee stock option plans (ESOP), cloud-based data rooms, AI-driven company valuation modeling, and automated legal documentation. To further increase transparency in the investment ecosystem, Pentugram, a platform that is fully owned by RasMal Company, offers deal flow management and investor reporting/relations tools for venture capital funds, angel investors, incubators, and accelerators.
RasMal’s role in creating a more effective investment environment is further cemented by its participation in the Saudi Unicorns Program, which was started by the Misk Foundation, the Ministry of Communications and Information Technology, and the National Technology Development Program.
Mohammed Abdullah, CEO of SHG, stated, “Our investment in RasMal is a significant step toward empowering startups and investors through AI-driven financial governance. By integrating RasMal’s automated cap table management with our investment expertise, we are creating a more transparent and efficient investment ecosystem.”
Nasser Al-Tamimi, Co-Founder of RasMal, commented, “This investment reflects our commitment to empowering startups and investors with innovative technological solutions that enhance the efficiency of cap table management and investment governance. Through our partnership with SHG, we will accelerate the adoption of automation in fundraising and equity transfers, adding significant value to the investment ecosystem in the region. We believe that fintech is the key to advancing the business and investment sector, and we will work with our strategic partners to drive a digital transformation that aligns with Saudi Vision 2030.”
The deal, which was signed at LEAP Riyadh 2025, strengthened Saudi Arabia’s standing as a pioneer in digital financing solutions, AI-driven investment governance, and fintech innovation.
