Malakah
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Malakah - overview
Established
2024
Location
-, -, Saudi Arabia
Primary Industry
Software
About
Based in Saudi Arabia, Malakah offers AI-powered legal support solutions, streamlining legal operations through innovative technologies designed for the local market. Malakah, founded in 2024 in Saudi Arabia, operates an AI-driven platform that provides legal support tailored to Saudi Arabian law. The company successfully raised USD 600,000 in pre-seed funding, being the target of individual investors. The founder's specific background is not publicly available, and there have been no disclosed changes in the company's business strategy or operations.
Malakah's primary offerings center around its AI-driven legal support platform, designed to provide comprehensive legal assistance that aligns with Saudi Arabian law. The core functionalities include real-time legal guidance, automated contract creation, and access to a library of pre-approved contract templates, customizable through AI-assisted editing. These services streamline legal operations for various users, including businesses and individuals, by simplifying the management of legal agreements such as employment contracts and compliance documents. Malakah caters to a diverse client base within the Saudi Arabian market, providing bilingual support in Arabic and English to ensure accessibility.
Malakah generates revenue primarily through a subscription-based model, offering various packages tailored to individual users, businesses, and law firms. Clients choose subscription plans that fit their legal needs, granting access to automated contract tools and legal advisory services. This structure facilitates ongoing revenue generation through recurring subscriptions, allowing clients to benefit from continuous legal support and updates. The specific pricing plans reflect the company’s commitment to scalable solutions, enhancing the legal efficiency of its diverse clientele.
Malakah plans to utilize the USD 600,000 raised from pre-seed funding to enhance its platform and develop new features aimed at improving user experience and expanding service offerings. The company is exploring opportunities to enter additional markets in the Middle East region by 2025, focusing on countries that demonstrate a growing demand for legal technology solutions. Upcoming features include enhanced AI capabilities for contract analysis, which are slated for release in the coming year.
Primary Industry
Software
Sub Industries
Multimedia & Graphics, Legal Software
Website
www.malakah.ai
Verticals
Artificial Intelligence, Mobile Apps
Total Amount Raised
Subscriber access only

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.