UAE Proptech Coraly.ai Raises $2 Million to Launch in Saudi Arabia
UAE-based Coraly.ai has raised $2M in pre-seed funding to grow its AI-powered real estate platform, expand into Saudi Arabia, and launch pilots in France and the US.
UAE-based proptech Coraly.ai, formerly Coralytics, has raised $2 million in a pre-seed round led by Salica Oryx Fund, with participation from EQ2 Ventures and strategic angel investors.
Founded in 2022 by Fouad Bekkar, Coraly.ai offers an AI-powered growth platform for real estate professionals, providing lead enrichment, automated campaigns, and performance insights to help agents acquire more customers.
“Real estate agents globally are underserved by fragmented, outdated sales tools. Through Coraly.ai, our mission is to simplify growth with AI that just works,” said Fouad Bekkar, Founder and CEO of Coraly.ai.
The funding will support product development, expand AI capabilities, and strengthen the company’s presence in the UAE. It will also finance the launch of operations in Saudi Arabia and pilot programmes in France and the United States.
In France, Coraly.ai has partnered with SNPI, the country’s largest professional real estate union representing more than 14,800 agencies. In the US, it has secured its first MLS partner, with pilots set to begin in the coming months.
The rebrand from Coralytics to Coraly.ai reflects the company’s global ambitions and positions it as an AI-first platform aimed at simplifying growth for real estate professionals in the MENA region and beyond.
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