Riyadh – Sharikat Mubasher: Squadio, a Saudi company specializing in remote tech talent recruitment and high-performance team building, announced the closure of its SAR 11 million (USD 3 million) Pre-Series A funding round.

As per the company’s announcement on LinkedIn, this round saw participation from Wa’ed Ventures, Sanabil 500, Nour Nouf Ventures, Seedra Ventures, and the National Technology Development Program (NTDP).

The new investment will support Squadio’s regional and international expansion, following a series of milestones that include serving over 450 companies across Saudi Arabia, the UAE, Kuwait, and the United States. The company has also established offices in Dubai, Alexandria, and Silicon Valley, alongside its Riyadh headquarters.

Since its founding in 2019, Squadio has built a reputation for helping organizations develop tailored tech teams and deliver innovative digital products. Its platform now includes more than 55,000 tech professionals from over 80 countries, supporting major clients such as STC, Elm, Thiqa, Monsha’at, and NUPCO in scaling their global tech operations.