Dubai-based Coraly.ai, formerly known as Coralytics, has secured $2 million in pre-seed funding to accelerate product development and expand into new markets. The round was led by Salica Oryx Fund, a MENA-focused early-stage investment vehicle managed by Salica Investments, with participation from EQ2 Ventures and a group of strategic angel investors.
Coraly.ai offers an AI growth platform for real estate agents and brokerages, featuring lead enrichment, automated marketing campaigns, and performance analytics. The fresh capital will be used to enhance AI capabilities, hire additional engineering talent, and support commercial rollouts in Saudi Arabia, France, and the United States, while consolidating its position in the UAE.
The rebrand from Coralytics to Coraly.ai reflects the company’s expanded global ambitions. In Europe, Coraly.ai has partnered with SNPI, France’s largest professional real estate union, representing over 14,800 agencies. In North America, the company has secured its first MLS partner, with pilot programs set to begin soon.
“Real estate agents globally are underserved by fragmented, outdated sales tools. Our mission is to simplify growth with AI that just works,” said Fouad Bekkar, Founder and CEO of Coraly.ai. “This funding gives us the firepower to accelerate product innovation and expand into key growth markets, starting with the GCC and moving globally.”
Ivo Detelinov, General Partner at Salica Oryx Fund, said: “Coraly.ai represents a significant advancement in real estate marketing technology, offering an AI-powered platform that transforms how properties are marketed and presented online.”
Patrick Thiriet, CEO of EQ2 Ventures, added: “The property market is one of the many verticals where AI is poised to leapfrog productivity. Fouad and the Coraly.ai team combine deep technical expertise with a clear understanding of market challenges, positioning them to capture this global opportunity.”
