Saudi Arabia-based proptech startup Jozo has raised $2.21 million in seed funding. The round was led by real estate investor Sheikh Hamad Mohammed Bin Saedan. The investment will support the company’s plans to expand its property tokenization platform and reach a broader investor base.

Focus on Fractional Property Ownership

Jozo converts physical real estate assets into digital tokens. As a result, investors can purchase smaller shares of high-value properties. This approach lowers the capital required to enter the real estate market. In addition, it allows more flexible trading of ownership stakes.

Strategic Backing to Strengthen Asset Pipeline

The participation of Sheikh Hamad Bin Saedan is expected to support Jozo’s access to premium real estate assets. Moreover, the partnership may improve market credibility and provide strategic guidance. This is particularly relevant as the company navigates the evolving real estate landscape in Saudi Arabia.

Expansion Plans and Early Milestones

Jozo plans to use the funding to improve its technology platform and scale operations across the country. At the same time, it aims to expand its portfolio of tokenized assets.

Notably, the company has already issued what it describes as the first tokenized property deed in Saudi Arabia. Furthermore, Jozo was part of the sandbox initiative by Real Estate General Authority (REGA), which focuses on proptech innovation.

Partnerships Supporting Tokenization Infrastructure

In 2025, Jozo entered a strategic agreement with Oumla. The partnership focuses on enabling regulated and transparent real estate tokenization within Saudi Arabia.

The broader tokenization infrastructure is supported by SettleMint. The company has developed the underlying digital asset lifecycle platform used in REGA’s ecosystem.

Technology Stack and Market Impact

The platform integrates several blockchain-based features. These include title management systems, automated valuation models, escrow-linked payment verification, and fractional ownership tools.

Therefore, the system aims to improve transparency and security in property transactions. Over time, it may also expand access to real estate investment and financing for a wider group of participants.

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