Coraly.ai raises USD 2 mn pre-seed: UAE-based proptech Coraly.ai — formerly Coralytics — secured USD 2 mn in a pre-seed round led by Salica Oryx Fund, with participation from EQ2 Ventures and angel investors, according to a press release.

Where will the money go? The capital will fund product development, expand AI capabilities, and grow the engineering team. It will also support the company’s commercial launch in Saudi Arabia this year, pilot programs in France and the US, and bolster its UAE presence.

About Coraly.ai: Founded in 2022 by Fouad Bekkar (LinkedIn), the company offers an AI-powered growth platform for real estate professionals, providing lead enrichment, automated campaigns, and performance insights. The startup has signed a go-to-market partnership with SNPI, France’s largest professional real estate union, representing more than 14.8k agencies; while in North America, it has secured its first multiple listing service partner in the US, with pilots scheduled in the coming months.

Tags: