Riyadh - Sharikat Mubasher: Jozo, the first real estate tokenization platform in Saudi Arabia, announced the successful closure of its seed funding round, led by its strategic partner Sheikh Hamad Bin Saedan, with participation from a number of angel investors.

Jozo will use the new capital to accelerate growth and operational expansion, develop advanced technology solutions, and expand its investor base by offering distinctive opportunities, the company announced in a statement today.

This milestone reflects investors’ confidence in Jozo’s business model and its leading role in promoting the real estate tokenization market in Saudi Arabia.

Jozo is the first fintech-driven property technology platform in the Kingdom that allows individual investors to own fractional shares of real estate assets in the Kingdom, utilizing the Real Estate Registry (RER ID) on the blockchain.

In February, it launched the first tokenized real estate deed through a private-sector platform, marking a landmark moment for Saudi Arabia’s property and investment landscape. The issuance marked a practical shift toward redefining real estate ownership and opening wider, regulated opportunities for individual investors.