Mozn
ActiveAn enterprise AI platform for financial-crime prevention (fraud and AML/compliance) and enterprise knowledge intelligence, deployed on-site for banks, fintechs, government and enterprise clients.
Mozn is a Riyadh-founded enterprise AI company serving 150+ financial institutions, fintechs and public-sector clients across the GCC and MENA with sovereign, deployment-controlled AI for financial-crime prevention and enterprise knowledge management. Founded in 2017 by Dr. Mohammed AlHussein alongside Dr. Khaled Al-Ghoneim, Abdullah Alsaeed and Malik Alyousef, it raised a $10M Series A in February 2022 led by RAED Ventures, and in August 2026 received a strategic investment and partnership from PIF-owned HUMAIN — described as HUMAIN's first investment in a Saudi company, with the founder remaining CEO and no acquisition or control terms reported.
Founders
Funding Rounds
Lead: HUMAIN Ventures
Investors: HUMAIN Ventures
Labelled "strategic" by the source. Amount undisclosed. HUMAIN (PIF-owned) describes it as its first investment in a Saudi company and one of the first through HUMAIN Ventures; paired with a co-development partnership for sovereign enterprise AI. Also: https://www.wamda.com/2026/08/saudi-ai-firm-mozn-secures-strategic-investment-humain https://arabfounders.net/en/saudi-ai-startup-mozn-raises-funds/ https://www.finsmes.com/2026/08/mozn-receives-investment-from-humain.html Confidence: confirmed (round 13, PR Newswire (HUMAIN/MOZN)).
Lead: Raed Ventures
Investors: Raed Ventures, Shorooq Partners, VentureSouq, Sukna Ventures
Company blog page currently displays a 2023-02-10 date stamp (CMS artifact); Wamda, Raed and Arab News all carry it on 2022-02-04. Raed said it was its first deep-tech investment. Shorooq's Aug 2022 blog says it invested in Mozn 'last year' (2021), so the round likely closed in 2021 before the Feb 2022 announcement. Also: https://www.wamda.com/2022/02/saudi-ai-startup-mozn-raises-10-million-series-funding https://raed.vc/news/mozn-raises-10-million-series-a-to-scale-saas-ai-across-mena/ https://www.arabnews.com/node/2018191/business-economy https://magnitt.com/news/mozn-10m-series-a-53195 Confidence: confirmed (round 13, Mozn).
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