Oqood Raises USD 1M to Scale AI Legal Tech Across the GCC
UAE-based legaltech startup Oqood has raised USD 1 million in seed funding from a group of angel investors. Founded by Khaled Al Rasheed, the company builds AI-powered legal solutions aimed at streamlining workflows and improving efficiency for law firms and corporate legal departments.
What Oqood Does
Oqood develops AI tools for the legal sector with a focus on workflow speed, accuracy, and client communication. The goal is straightforward: reduce manual friction in everyday legal operations and free up lawyer time for higher-value work.
Funding and Market Context
The seed round will fuel product development and commercial expansion. "This round reflects the growing investor interest in legal technology, a sector valued at more than $31 billion in 2024 and projected to grow at an annual rate of 9.4% in the coming years," said Khaled Al Rasheed, Founder and CEO of Oqood.
Expansion Plan
Oqood plans to scale across the GCC and extend into select international markets. The company aims to onboard more law firms and in-house legal teams, leveraging smart digital platforms to streamline workflows and strengthen client communication.
Why This Matters for Legal Teams
AI adoption in the region's legal sector is gaining momentum. While many firms are still piloting tools, pressure is mounting to improve operational efficiency, reduce turnaround times, and set clearer service-level metrics. Oqood's raise signals rising investor confidence in legaltech as a practical path to those outcomes.
Practical Next Steps for Law Firm and In-House Leaders
- Identify 1-2 high-friction processes to test AI (e.g., intake triage, matter tracking, document routing). Set clear KPIs: cycle time, error rates, and cost per matter.
- Run time-boxed pilots with real matters and a small user group. Measure before/after and commit to an adoption decision date.
- Establish data policies early: confidentiality tiers, redaction rules, audit trails, and approval workflows.
- Plan enablement: short training, playbooks, and feedback loops. For structured upskilling, see AI courses by job.
- Coordinate with IT on security reviews and regional data residency requirements before scaling.
What to Watch
- Product roadmap: features that reduce manual review time and improve matter visibility.
- Early partnerships with GCC firms and corporate legal departments.
- Compliance posture: data protection, auditability, and client consent workflows.
- ROI benchmarks vs. current tooling and processes (cost per matter, turnaround time, utilization).
Bottom line: this funding gives Oqood room to ship faster, expand across the GCC, and prove measurable efficiency gains for legal teams. If you are evaluating AI for your practice, start with a narrow use case, track outcomes, and scale based on evidence.
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