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  2. Visarun raises $700,000 pre-seed round

Visarun raises $700,000 pre-seed round

NOHA.GAD
Feb 6, 2025
Visarun raised $700,000 in a pre-seed funding round to develop its platform and expand sales team

Dubai - Sharikat Mubasher: Visarun, an AI-powered visa-as-a-service platform, closed a 700,000 pre-seed funding round from Swiss and UAE-based angel investors with extensive experience in e-commerce and trading.

This investment will fuel Visarun’s platform development, sales team expansion, and strategic market penetration initiatives, the company announced in a statement today.

Visarun is a proven solution for automating visa processes that can process up to 10,000 visa applications monthly and reduce manual labor by up to 70%. Its expansion strategy targets the UAE, Saudi Arabia, Qatar, India, and China.

The platform plans to release an advanced AI Interview Simulation system, providing three-minute virtual consultation interviews with real-time feedback and preparation recommendations.

Vladimir Indjikian, President and Co-founder of Visarun, stated that the investment will enable the company to fully automate visa processes and develop an advanced AI agent for comprehensive process management.

Meanwhile, Alena Iakina, Co-founder and CCO of Visarun: said: "Our core technology combines computer vision and advanced machine learning models to ensure accurate document verification. In fact, the custom-trained language model cross-validates applicant data, virtually eliminating processing errors.”

At the core of Visarun’s offering is the Smart Visa Route system, which creates personalized application pathways based on specific criteria, including destination country, travel dates, citizenship, and approval probability.

Moreover, business users benefit from the sophisticated Visa Approval Calculator, which enables them to assess the probability of an application's success before committing to employee travel, while the system's Advanced Document Verification employs computer vision and machine learning for precise document analysis and validation, ensuring accuracy at every step.

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TASARU Supplier Hub to develop manufacturing facilities at MASARAT Mobility Park
Riyadh - Sharikat Mubasher: TASARU Supplier Hub, an automotive supplier complex recently launched by TASARU Mobility Investments, signed multiple development lease agreements during the PIF Private Sector Forum 2026 to develop manufacturing facilities at MASARAT Mobility Park, the premier destination for automotive and mobility industries in the Kingdom.The facilities will host global Tier-1 automotive suppliers serving original equipment manufacturers (OEMs), such as Ceer and Lucid Motors, the company announced in a press release today.Through this partnership, MASARAT Mobility Park will provide an integrated, investment-ready industrial environment designed to support advanced manufacturing operations, streamline supplier setup, and enable efficient logistics and operational connectivity.Tienie Ferreira, CEO of MASARAT Mobility Park, stated that the agreements represent a strategic step in advancing the park as a purpose-built platform for automotive manufacturing. “Partnering with TASARU Supplier Hub accelerates the localization of critical suppliers, strengthens supply-chain readiness, and supports the growth of a competitive automotive ecosystem within KAEC.”For his part, Abdulaziz Almutairi, CEO of TASARU Supplier Hub, said: “TASARU Supplier Hub is designed to translate industrial ambition into execution. By onboarding Tier-1 global suppliers within an investment-ready platform, we advance local content, enable faster time-to-production, and deepen private-sector participation, directly supporting Vision 2030’s objectives for a competitive, export-capable automotive supply chain.”The partnership between TASARU Supplier Hub and MASARAT Mobility Park supports the localization of manufacturing capabilities, advances economic diversification, creates high-value jobs, and strengthens Saudi Arabia’s position as a regional and global hub for the automotive and mobility industries.TASARU Supplier Hub is strategically located in King Salman Automotive Cluster within the Special Economic Zone in King Abdullah Economic City (KAEC). It is designed to support the development of next-generation vehicles and strengthen the national automotive ecosystem, aligning directly with Vision 2030.
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