Tech Company Financing Transactions
Rime Funding Round
Rime secured a $2 million Seed funding round on 8/27/2026. Investors included Seedra Ventures, private investors and Unity Ventures.
Transaction Overview
Company Name
Announced On
8/27/2026
Transaction Type
Venture Equity
Amount
$2,000,000
Round
Seed
Investors
Seedra Ventures (Lead Investor)
Proceeds Purpose
The company will use the capital to consolidate its commercial market presence within Saudi Arabia, accelerate the engineering development of its physical AI software stack, and expand its platform to help enterprise clients deploy scalable local automation in alignment with the Kingdom's Vision 2030 and National Strategy for Data and AI.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
7852 King Khaled Branch Rd, Al Salmaniyah
Ad Diriyah, 13715-3748
Kingdom of Saudi Arabia
Ad Diriyah, 13715-3748
Kingdom of Saudi Arabia
Phone
Website
Email Address
Overview
We started RIME because leadership and the frontline had drifted apart. Owners and operators were running branches on delayed reports and secondhand accounts, making decisions about places they couldn't see. We believe you should be able to see, hear, and act on every branch, as if you were standing in it.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Mohammed Almarshidi
Co-Founder
Aarif Al Otaibi
VP - Bus. Development
Ibrahim Al Rumayyan
VP - Product Management
Waleed Alaiyad
Browse more venture capital transactions:
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Where The Data Comes From
We document every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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