Eltizam raises SAR 2.5 million for its insurance marketplaceÂ
Saudi Arabia-based insurance as a service (IaaS) platform Eltizam, has raised SAR2.5 million ($666,000) via crowdfunding platform Scopeer.
Eltizam offers insurance-related products spanning across different industries, such as automotive, health, protection and savings, among others. The platform was founded by Hani Al Maliki (CEO) and Khaled Al Ahmadi (CTO).
The startup plans to use the fresh funds to grow its team, fine-tune its operations, as well as improve its marketing efforts.
Saudi Arabia-based insurance as a service (IaaS) platform that Eltizam, has raised SAR2.5 million ($666,000) via crowdfunding platform scopeer.
Founded by Hani Al Malki (CEO) and Khaled Al Ahmadi (CTO), Eltizam looks to digitise the local insurance brokerage industry leveraging artificial intelligence (AI) technology. It offers insurance-related products spanning across different industries, such as automotive, health, prot