UAE Proptech Coraly.ai Lands $2 Million Pre-Seed to Power Global Real Estate Growth
UAE-based property technology firm Coraly.ai (formerly Coralytics) has officially announced the closure of a $2 million pre-seed funding round, signaling strong investor confidence in its AI-powered solutions for the real estate market. The investment was spearheaded by Salica Oryx Fund, a MENA-focused early-stage vehicle, with participation from EQ2 Ventures alongside other angel investors. This capital infusion is set to accelerate the company’s mission to transform how real estate professionals generate, manage, and convert leads across the Middle East and North Africa (MENA) and into global markets.
Revolutionizing Real Estate with an AI Growth Platform
Established in 2022 by founder Fouad Bekkar, Coraly.ai addresses a critical need in the property sector by offering a sophisticated AI growth platform. This technology empowers real estate agents by providing advanced lead enrichment, which adds valuable context to potential clients, and by deploying automated marketing campaigns to nurture relationships at scale. The platform also delivers crucial performance insights, allowing agents to refine their strategies and focus on high-potential opportunities. The newly secured funds will be strategically deployed to fast-track product development and significantly expand the platform’s AI capabilities. A key focus will be on commercial expansion, with plans for a full rollout in the burgeoning Saudi Arabian market, strengthening its foothold in the UAE, and initiating pilot programs in strategic international markets, including France and the United States.
This $2 million pre-seed round is a pivotal moment for Coraly.ai, providing the resources needed to scale its innovative technology and execute its ambitious international growth strategy. The backing from notable investors like Salica Oryx Fund and EQ2 Ventures underscores the market’s demand for intelligent proptech solutions that drive tangible results. As Coraly.ai moves forward, it is poised to become a key player in equipping real estate professionals worldwide with the tools necessary to thrive in an increasingly competitive digital landscape.
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