RASED, a Saudi company specialized in detecting and preventing financial fraud with artificial intelligence, closed its pre-establishment round led by Waed Ventures and Shurooq Partners, with the participation of other investors.

Founded in 2022 by Talal Al-Badrani and Mustafa Al-Salihi, its platform enables real-time fraud detection without affecting systems performance or user experience.RASED is poised to expand into the Gulf region by leveraging its advanced technology infrastructure and smart models capable of improving the accuracy of decisions and reducing false alarms.