• UAE-based Oqood has raised $1 million in seed funding from a group of angel investors.
• Founded in 2024 by Khaled Al Rasheed, Oqood develops AI-powered legal solutions that streamline workflows and enhance efficiency for law firms and corporate legal departments.
• The funding will be used to expand across the GCC, enhance AI product development, and further improve its smart digital platforms for client communication and workflow automation.

Press release:

UAE-based legaltech startup Oqood has raised $1 million in seed funding from a group of angel investors, marking a key milestone in the company’s mission to accelerate digital transformation in the legal sector.

Founded by Khaled Al Rasheed, Oqood builds AI-driven legal solutions designed to streamline workflows and improve efficiency for law firms and corporate legal teams. Its technology aims to automate repetitive processes, simplify documentation, and enhance communication between clients and lawyers.

“This round reflects the growing investor interest in legal technology, a sector valued at more than $31 billion in 2024 and projected to grow at an annual rate of 9.4%,” said Khaled Al Rasheed, Founder and CEO of Oqood.

With the new funding, Oqood plans to expand across the GCC and advance its AI-powered legal products. The company aims to position itself as a leading enabler of legal innovation in the region, supporting firms transitioning toward smarter, more efficient operations.

Legaltech adoption across the GCC is gaining momentum as more firms integrate AI tools to improve productivity and competitiveness. Oqood’s funding underscores the region’s growing appetite for digital legal solutions, setting the stage for a new era of innovation in the legal industry.