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Mid East Info
11-02-2025
- Business
- Mid East Info
LAHINT Secures SAR 4 Million Pre-Seed Funding During LEAP 2025 - Middle East Business News and Information
Riyadh, KSA, 11 February 2025, Massive Media: LAHINT, a leading company specializing in government services automation, has successfully closed its SAR 4 million Pre-Seed funding round on the second day of its participation in the LEAP 2025 global conference in Riyadh. The company reaffirmed its strategic goal of automating 50 government services by 2027, positioning LAHINT as the go-to platform for individuals and businesses seeking seamless government transactions. Additionally, LAHINT aims to strengthen its partnerships with government entities to align with its strategic objectives and support Saudi Arabia's Vision 2030 for economic and digital transformation. LAHINT's platform features an advanced verification system based on Saudi legal and regulatory databases, allowing users to receive instant, AI-powered eligibility consultations for free, without the complexities of navigating government services. Furthermore, the platform enables fully automated service execution for end-users through integration with various government portals, ensuring faster and more efficient digital public services. LAHINT has gained both local and international recognition, having been featured in the 2024 annual report of Saudi Venture Capital (SVC) as one of the most promising startups in the Kingdom. It was also named Saudi Arabia's Best Startup of 2024, reflecting its growing impact in the tech and innovation sector. The LAHINT Board of Directors comprises experienced leaders from both the public and private sectors, including: Mohamed Ibrahim – CEO Khaled Alsulami – Chief Strategy Officer Ahmed Saber – Chief Technology Officer Tariq AlJabr – Chief Business Development Officer Ziyad Alsulais – Chief Commercial Officer With a diverse team of experts across government and private sectors, LAHINT is positioned to redefine the government services experience using AI-driven automation and advanced digital technologies. The company has also graduated from Misk (Mohammed bin Salman Foundation) in October 2023 and successfully completed the Sanabil Startup Unlocked by the 500 Global program in December 2024, further strengthening its position as a key player in the region's digital transformation.
Mid East Info
28-01-2025
- Business
- Mid East Info
LAHINT Triumphs as Best Startup in Saudi Arabia for 2024 at Prestigious Dubai Ceremony - Middle East Business News and Information
Massive Media: In a remarkable achievement for Saudi Arabia's burgeoning tech scene, LAHINT has been named the Best Startup in the Kingdom of Saudi Arabia for 2024, surpassing 6,500 competing companies. This accolade was awarded during the Forttuna Global Excellence Awards ceremony held on the Queen Elizabeth Yacht in Dubai. Among the distinguished guests in attendance were H.H. Sheikh Juma bin Maktoum Al Maktoum and Yaqoob Al Ali, Advisor to H.H. Sheikh Juma bin Maktoum Al Maktoum, along with prominent leaders from the global business and technology sectors. Representing LAHINT at the event, Mohamed Ibrahim (CEO) and Khalid Alsulami (Chief Strategy Officer) received the award in recognition of the company's groundbreaking contributions to digital transformation in Saudi Arabia. Through innovative automation solutions and real-time consulting services, LAHINT has rapidly gained prominence, demonstrating a compelling vision of integrating government portals into a single, comprehensive platform that streamlines services for both organizations and individuals. Speaking after receiving the award, Mohamed Ibrahim expressed his pride in LAHINT's achievement, stating: 'Being selected as the Best Startup in Saudi Arabia for 2024, ahead of more than 6,500 other companies, is a testament to the dedication and expertise of our team. We are committed to embracing cutting-edge technologies that meet the evolving needs of the Saudi market, in line with the aspirations of Vision 2030.' Khalid Alsulami emphasized the responsibility that comes with such recognition: 'This award motivates us to continue developing advanced tech solutions, forging strategic partnerships with government and private entities, and enhancing our platform's capabilities. We remain focused on helping Saudi Arabia solidify its position as a global technology and innovation hub.' The Forttuna Global Excellence Awards is internationally esteemed, highlighting influential companies that demonstrate leadership and innovation in their fields. LAHINT's accomplishment mirrors the dynamic growth of the Kingdom's startup ecosystem and underscores the drive toward a digitally empowered future. Looking ahead, LAHINT will continue to invest in emerging technologies such as artificial intelligence, smart automation, and real-time digital services, all aimed at raising operational efficiency across different sectors. With this milestone, LAHINT reinforces its status as a strategic partner fueling the Kingdom's broader objectives for economic diversification, digital transformation, and global competitiveness.
