Squadio, a Saudi-based company specializing in remote tech talent hiring and management, has successfully closed its $3 million Pre-Series A funding round to fuel its regional and global expansion.
The round saw participation from notable investors including Wa’ed Ventures, MENA 500, Nour Nouf Ventures, SEEDRA Ventures, and the National Technology Development Program (NTDP).
This investment marks a major milestone for Squadio as it continues its rapid growth trajectory. The company has already served over 450 clients across Saudi Arabia, the UAE, Kuwait, and the United States, and has expanded its presence with offices in Dubai, Alexandria, and Silicon Valley, alongside its headquarters in Riyadh.
To date, more than 55,000 tech professionals from over 80 countries have joined Squadio’s platform.
Founded in 2019 by Khaled Senawy, Squadio has built a strong business model focused on empowering organizations to develop technology products through qualified and dedicated tech teams. The company has successfully supported major organizations such as STC, Elm, Thiqah, Monsha’at, and Nupco in scaling and enhancing their global tech operations.
