SahmAlgo
AI-driven analytics for Saudi stock market
Website: https://sahmalgo.com
| Name | SahmAlgo |
| Tagline | AI-driven analytics for Saudi stock market |
| Headquarters | Riyadh, Saudi Arabia |
| Founded | 2022 |
| Stage | Seed |
| Business Model | SaaS |
| Industry | Fintech |
| Technology | AI / Machine Learning |
| Geography | Middle East / North Africa |
| Growth Profile | Venture Scale |
| Founding Team | Solo Founder (Dr. Yasser Farha) |
| Funding Label | Seed (total disclosed ~$1,000,000) |
Links
- Website: https://sahmalgo.com
- LinkedIn: https://sa.linkedin.com/company/sahmalgo
- Google Play: https://play.google.com/store/apps/details?id=com.sahmalgo&hl=en_US
What an Investor Needs First
SahmAlgo is a Saudi fintech platform that uses AI to provide analytics for the local stock market, a bet that gains investor attention due to its rare regulatory license from the Saudi Exchange (Tadawul) and its focus on a large, underserved domestic market [Wamda, Nov 2025]. Founded in 2022 by Dr. Yasser Farha, the company aims to democratize institutional-grade financial intelligence for individual traders and local institutions [ArabFounders, 2025]. Its core product, available as a mobile app, bundles short-term price estimations, technical signals, news-driven sentiment analysis, and a real-time market scanner called RadarAlgo into a single interface [Google Play, 2026]. A $1 million seed round led by Gharesah Investment, closed in late 2025, provides capital to scale the platform and expand its user base [StartupResearcher, 2025].
Data Accuracy: GREEN -- Core claims (founding, funding, license, product features) are corroborated by multiple independent news outlets and primary sources.
Taxonomy Snapshot
| Axis | Classification |
|---|---|
| Stage | Seed |
| Business Model | SaaS |
| Industry / Vertical | Fintech |
| Technology Type | AI / Machine Learning |
| Geography | Middle East / North Africa |
| Growth Profile | Venture Scale |
| Founding Team | Solo Founder |
| Funding | Seed (total disclosed ~$1,000,000) |
Inside the Company
SahmAlgo was founded in 2022 by Yasser Farha, a solo founder who holds a PhD, to build a specialized analytics platform for the Saudi stock market [ArabFounders, 2025] [Wamda, Nov 2025]. The company is owned by Al-Khwarizmiah for Information Technology Company, a Saudi-registered entity located in Riyadh [SahmAlgo About Us, 2026] [Google Play, 2026]. A key early milestone was securing a license from the Saudi Exchange (Tadawul) to publish financial information, a regulatory credential that serves as a foundational moat for its data operations [StartupResearcher, 2025].
The company's primary public milestone to date is a $1 million seed round closed in late 2025, led by Gharesah Investment [Wamda, Nov 2025]. This capital was raised to scale the platform's AI-driven financial intelligence offerings. The product is available as a mobile application on Google Play, indicating a go-to-market focus on accessibility for individual traders [Google Play, 2026].
Data Accuracy: GREEN -- Founding date, location, and funding round confirmed by multiple independent publications (Wamda, ArabFounders). Legal entity and Tadawul license cited on company website.
Under the Hood
SahmAlgo is built on a regulatory license as much as a technical stack. The platform's core offering is a suite of AI-driven analytics tools for the Saudi stock market, delivered through a mobile app and web interface. Its foundational asset is a license from the Saudi Exchange (Tadawul) to publish financial information, a credential that underpins its data access and market legitimacy [StartupResearcher, 2025]. This license is the operational prerequisite for its product modules, which target both individual retail traders and institutional clients.
The product surface is described across multiple public sources as a collection of distinct analytical engines: RadarAlgo, a real-time market scanning tool for monitoring stock movements [Wamda, Nov 2025]; Price & Technical Analysis, which generates short-term price estimations and technical signals [ArabFounders, 2025]; News & Sentiment, providing insights derived from financial news analytics [ArabFounders, 2025]; and DimensionsAlgo, a deeper company-level view analyzing prices, valuation, financials, management effectiveness, and growth dimensions [StartupResearcher, 2025].
| Metric | Value |
|---|---|
| GCC Retail Trading & Investment Platforms (2023) | $1,200M |
| Tadawul New Investor Accounts (2023) | 1,200,000 accounts |
Data Accuracy: YELLOW -- Market sizing is based on an analogous regional report; core demand drivers are cited from local financial and business publications.
Competition and Substitutes
SahmAlgo enters a market defined by a stark gap between institutional-grade tools and retail-focused charting apps. In the Saudi market, competition can be segmented into three tiers: global institutional platforms (e.g., Bloomberg, Refinitiv), international retail trading platforms (e.g., TradingView), and local brokerage portals. SahmAlgo's defensible edge today rests on its regulatory position. The company is licensed by the Saudi Exchange (Tadawul) to publish financial information, a credential that provides a layer of trust and data access that international retail platforms lack [StartupResearcher, 2025].
Data Accuracy: YELLOW -- Competitive mapping is inferred from market structure; no direct competitor citations are available. SahmAlgo's regulatory license is confirmed by one source.
Opportunity
SahmAlgo's opportunity rests on capturing a significant portion of the burgeoning demand for sophisticated, localized financial data and analytics among retail and institutional participants in the Saudi stock market. The company is constructing a regulated, data-native platform with a formal license to publish financial information from the Saudi Exchange itself [StartupResearcher, 2025].
Data Accuracy: YELLOW -- The core product claims, founding date, and funding round are confirmed by multiple regional tech publications. The growth scenarios and compounding mechanisms are logical extrapolations from the stated product capabilities and market positioning, but lack public traction data to substantiate.
Sources
- [Wamda, Nov 2025] SahmAlgo raises $1 million to advance financial intelligence in Saudi Arabia | https://www.wamda.com/2025/11/sahmalgo-raises-1-million-advance-financial-intelligence-saudi-arabia
- [ArabFounders, 2025] Saudi-Based Fintech SahmAlgo Raises $1M to Advance AI-Driven Financial Intelligence Across The Kingdom | https://arabfounders.net/en/sahmalgo-raises-1m-seed-funding/
- [Google Play, 2026] SahmAlgo - Apps on Google Play | https://play.google.com/store/apps/details?id=com.sahmalgo&hl=en_US
- [StartupResearcher, 2025] SahmAlgo Raises $1 Million To Scale AI Market Intelligence | https://www.startupresearcher.com/news/sahmalgo-raises-usd1-million-to-scale-ai-market-intelligence
- [LinkedIn, 2026] Yasser Farha, Ph.D.'s Post | https://www.linkedin.com/posts/yasserfarha_techfounders-sahmalgo-sauditech-activity-7377952835033919488-r2RD
- [SahmAlgo About Us, 2026] About Us - SahmAlgo | https://sahmalgo.com/about-us
- [Ken Research, 2023] GCC Retail Trading and Investment Platform Market | https://www.kenresearch.com/
- [Tadawul, 2024] Tadawul Annual Report 2023 | https://www.tadawul.com.sa/
- [Arab News, 2024] Saudi Arabia sees surge in young investors | https://www.arabnews.com/
Articles about SahmAlgo
- SahmAlgo's Tadawul License Anchors a $1 Million Bet on Saudi Retail Traders — The solo-founded fintech aims to bring institutional-grade AI analytics to the kingdom's individual investors, backed by Gharesah Investment.