Coraly.ai, a UAE-based proptech company formerly known as Coralytics, has raised $2 million in a pre-seed funding round led by Salica Oryx Fund, with participation from EQ2 Ventures and angel investors.
The capital will be allocated toward product development, enhancing AI capabilities, expanding the engineering team, and supporting the company’s commercial launch in Saudi Arabia later this year. Additionally, funds will back pilot programs in France and the US while strengthening the startup’s UAE operations.
Founded in 2022 by Fouad Bekkar, Coraly.ai provides an AI-driven growth platform for real estate professionals, offering lead enrichment, automated campaigns, and performance insights. The company has already signed a go-to-market partnership with SNPI, France’s largest professional real estate union representing over 14,800 agencies. In North America, Coraly.ai has secured its first multiple listing service partner in the US, with pilot programs set to begin shortly.
The pre-seed funding positions Coraly.ai to accelerate its global expansion and scale AI-powered solutions for real estate markets across the Middle East, Europe, and North America.
