Home-grown talent hiring company Squadio secured SAR 11 mn in a pre-Series A funding round, with participation from Wa’ed Ventures, 500 MENA, Seedra Ventures, and the National Technology Development Program, it said on LinkedIn yesterday.
Where will the money go? The company plans to channel the new funding across several strategic areas, including supporting product development, integrating AI agents into its Team-as-a-Service model, and growing its talent pool, Squadio’s Head of Business Development Esraa Galal (LinkedIn) told EnterpriseAM. Squadio also plans to inject a part of this capital into its marketing and business development initiatives to support its regional expansion.
Which countries are a priority? The company currently focuses on the kingdom as its main hub for growth due to its robust technology ecosystem, digital talent, and technology solutions, Galal said. Saudi Arabia’s tech and digital talent market is growing rapidly, increasing demand for skilled professionals and creating opportunities for Squadio, she added. The company also plans to deepen its presence in the UAE, while considering expanding into Kuwait as its next step.
What’s next? Squadio plans to focus on scaling operations and deepening its technological capabilities in 2025, Galal said. The company aims to automate more of its internal processes, expand its client base, and further embed AI into the client and talent experience. It also intends to introduce AI agents that complement human teams, while strengthening partnerships with local and international organizations, she noted.
About Squadio: Established in 2019 by Khaled Senawy (LinkedIn) and Monther Kattan (LinkedIn), Squadio is a Team-as-a-Service (TaaS) platform that supports businesses in building, managing, and scaling remote technology teams, according to its website. The company provides services such as tech talent recruitment, technical consulting, and HR management.