Bahrain-based insurtech startup Soor has secured an undisclosed pre-Seed investment from Spring, a venture studio and ecosystem builder backed by London-based Salica and Bahrain's Al Waha Fund of Funds.
Founded in 2024 by Mahmood Dhaif and Qasim Albaqali, Soor operates a digital insurance platform that enables users to compare and purchase policies from multiple insurers through a single app.
The startup is licensed by the Central Bank of Bahrain (CBB) and aims to simplify insurance purchasing by providing greater transparency around available policies, pricing and coverage options.
Soor will use the investment to develop its platform, expand partnerships with insurance providers and improve the customer experience, while strengthening its presence in Bahrain.
The company is also exploring regional expansion opportunities as it looks to extend its digital insurance model beyond Bahrain.
