Jozo Raises $2.2 Million to Take Real Estate Tokenisation Mainstream in Saudi Arabia

Jozo | جزء has raised $2.2 million in a seed funding round. The round was led by prominent real estate investor Sheikh Hamad Mohammed Bin Saedan, whose participation brings both capital and deep industry expertise to support Jozo’s next phase of growth. The company plans to expand its operations and further develop its platform as it positions itself within Saudi Arabia’s evolving digital real estate ecosystem.

The round marks an early but important step for a company trying to rethink how people access real estate investments. Founded in 2024 by Turki Khaled I. AlShlail and Eng.Fahad Almansour is building a platform that breaks down property ownership into smaller digital shares, making it possible for individuals to invest without the heavy capital typically associated with real estate.

Instead of buying an entire property, investors can own fractions of it. But executing that idea in a market like Saudi Arabia, where regulation and ownership structures are tightly governed, is far more complex. The company currently operates under the supervision of the Real Estate General Authority | الهيئة العامة للعقار (REGA) within a regulatory sandbox, an environment designed to test new business models under controlled conditions. This positioning gives it a degree of legitimacy at a stage where trust is often the biggest hurdle.

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