Saudi AI Startup Revora Raises $2 Million Seed Round

Saudi Arabia-based AI e-commerce platform Revora has raised a $2 million seed round to accelerate its expansion across the Kingdom, bringing its total funding to $2.5 million.

Founded in 2021 by Shuvo Rahman and Daniyal Baig, the company—formerly known as MyAlice—has rebranded into an AI-native e-commerce operating platform designed to automate sales, customer service and marketing.

Revora's AI agents operate across WhatsApp, Instagram and company websites, handling customer enquiries, recommending products, recovering abandoned shopping carts, supporting marketing campaigns and converting conversations into completed purchases.

The funding round was co-led by i2i Ventures and Oraseya Capital, with participation from Anchorless Bangladesh, Conjunction Capital, F6 Ventures, Hi2 Global, Orbit Startups and several angel investors.

The new capital will be used to expand the company's presence across Saudi Arabia and further develop its AI-powered platform as retailers increasingly adopt automation tools for online sales and customer engagement.

The investment comes amid continued momentum in Saudi Arabia's startup ecosystem. According to MAGNiTT, startups in the Kingdom raised $162 million across 47 funding deals during the first quarter of 2026, accounting for 41% of all venture capital transactions completed across the MENA region.