Aamar, a Saudi PropTech startup focused on automating rental operations, has secured more than $4 million in Seed funding. The round was led by Aqar App, Razm Investment, Al Majdiah Investment, and Blom Invest, with participation from angel investors. The funding will support platform expansion and deeper use of AI across rental workflows.Solving Inefficiencies in the Rental MarketAI Powered Automation at the CoreStrategic Backing from Industry LeadersStrong Traction and Market ValidationExpansion Plans Across the Kingdom Founded in late 2023, Aamar aims to simplify leasing, asset finance, and property management through smart digital tools. Solving Inefficiencies in the Rental Market The rental sector still relies heavily on manual steps. Paper contracts, fragmented systems, and slow coordination create friction for landlords and tenants. Aamar addresses these gaps with a single digital platform. The platform focuses on: End to end rental journey automation Reduced manual coordination Faster leasing and payment workflows Clear and transparent processes By digitizing each step, Aamar helps users save time and reduce errors. The result is a smoother rental experience for individuals and businesses. AI Powered Automation at the Core Aamar uses advanced artificial intelligence to manage complex rental operations. The platform connects landlords, tenants, brokers, and regulators in one system. This integration removes friction and improves reliability. Key AI driven capabilities include: Automated contract management Smart workflow orchestration Real time data validation Seamless system integrations The platform also connects with major real estate portals and relevant regulatory entities. This approach reduces daily operational burdens and improves compliance. Strategic Backing from Industry Leaders The investor group brings more than capital. Each backer holds deep expertise in real estate, investment, and regional markets. Their support strengthens Aamar’s strategic position. Faisal Alarfaj, Co Founder and CEO of Aamar, highlighted the rapid growth of the rental sector. He emphasized the rising need for modern digital tools. He noted that the funding will help scale the platform and meet increasing demand across the Kingdom. Ibrahim AshShohail, CEO of Aqar App, described Aamar as a solution to a critical market challenge. He pointed to fragmented rental processes and heavy manual coordination. He views Aamar’s automation model as essential to modernizing the ecosystem. Strong Traction and Market Validation Aamar has already shown strong adoption. The platform has served more than 10,000 customers since launch. It has also facilitated rental units valued at over SAR 150 million. These results highlight: Growing trust from users Clear product market fit Strong demand for automation The traction validates Aamar’s vision and execution in a competitive market. Expansion Plans Across the Kingdom Aamar launched first in Riyadh. With new funding, the company plans to expand to other regions in Saudi Arabia. The team also plans to introduce new PropTech solutions that enhance user experience and operational depth. The founding team includes Faisal Alarfaj, Abdulaziz Alyabis, and Yousef Qanaq. Together, they aim to build a scalable platform that redefines rental operations nationwide. With solid funding, proven traction, and strong partners, Aamar stands well positioned to lead Saudi Arabia’s PropTech transformation.