UAE-based Coraly.ai (formerly Coralytics) has raised $2 million in a pre-seed funding round to accelerate its expansion into Saudi Arabia and explore early opportunities in Europe and North America.
The round was led by Salica Oryx Fund, with participation from EQ2 Ventures and strategic angel investors. Founded in 2022 by Fouad Bekkar, Coraly.ai provides an AI-powered growth platform for real estate professionals, helping them capture more clients through lead enrichment, automated campaigns, and performance insights.
Solving a Global Real Estate Problem
For decades, real estate agents worldwide have relied on outdated, fragmented sales tools. Coraly.ai aims to change that with a platform built to simplify growth using AI that “just works.”
“Our mission is to make high-impact technology radically accessible for agents everywhere,” said Fouad Bekkar, Founder and CEO. “With this funding, we can supercharge product innovation and scale into key markets, starting with the GCC.”
Where the Funds Will Go
The fresh capital will be deployed to:
- ✅ Enhance AI Capabilities – Build smarter lead analysis, targeting, and conversion tools
- ✅ Expand the Engineering Team – Accelerate product development and feature rollout
- ✅ Strengthen UAE Market Position – Consolidate leadership at home before scaling abroad
- ✅ Launch Saudi Operations – Tap into the Kingdom’s fast-growing real estate sector
- ✅ Pilot in France & the U.S. – Explore early traction in Europe and North America
- ✅ Grow Commercial Infrastructure – Support go-to-market strategies and long-term sales growth
Strategic Partnerships and Market Momentum
Coraly.ai is already making moves internationally:
- In France, the company signed a go-to-market partnership with SNPI, the country’s largest professional real estate union, representing over 14,800 agencies.
- In the U.S., it has secured its first MLS (Multiple Listing Service) partner, with pilots scheduled in the coming months.
The rebrand from Coralytics to Coraly.ai signals its global ambitions and positions the company as a modern, AI-first platform ready to serve markets far beyond the GCC.
Investor Confidence
Investors are backing Coraly.ai for its potential to reshape real estate technology.
“Coraly.ai represents a significant leap in real estate marketing, transforming how properties are presented online,” said Ivo Detelinov, General Partner at Salica Oryx Fund.
Patrick Thiriet, CEO of EQ2 Ventures, added, “AI is about to boost productivity in industries weighed down by legacy tools. Real estate is one of them, and Coraly.ai’s deep market understanding positions it perfectly to seize this global opportunity.”
Looking Ahead
With strong regional traction and a well-funded roadmap, Coraly.ai is setting its sights on becoming a global leader in AI-driven real estate growth tools. The Saudi market is next in line, followed by strategic pilots in Europe and the U.S.—marking the start of a rapid international scale-up.