SahmAlgo

SahmAlgo, headquartered in Riyadh, Saudi Arabia, specializes in advanced artificial intelligence and data science solutions for the financial sector, focusing on enhancing stock market analysis and investment strategies. Founded in 2022 by Yasser Farha, SahmAlgo provides AI-driven solutions specifically for the financial market in Saudi Arabia. The firm has completed one deal and raised USD 1 million in Seed funding led by Gharesah Investment, aimed at expanding their AI algorithms and data services. SahmAlgo offers sophisticated data science and AI solutions tailored for the financial sector, particularly the Saudi stock market.

Their primary product, RadarAlgo, employs a suite of over 1,000 algorithms that analyze stock prices using more than 100 technical indicators, providing insights for individual investors and analysts through real-time stock tracking and personalized dashboards. SahmAlgo generates revenue through subscription-based services, allowing users to access a range of financial analysis tools. Their pricing plans accommodate various clients, including individual investors and institutional clients, ensuring access to AI-driven technical analysis and stock tracking services. In November 2025, SahmAlgo plans to utilize the USD 1 million raised in Seed funding to enhance their artificial intelligence algorithms, enrich data assets, and develop institutional-grade products.

The company aims to expand into new markets while investing in talent and compliance, focusing on augmenting their offerings within the financial sector.