Coraly.ai Secures $2M to Advance AI-Powered PropTech Solutions

Coraly.ai, formerly known as Coralytics, a leading AI-powered PropTech company, has announced the closing of its $2 million pre-seed funding round, 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.

“Real estate agents globally are underserved by fragmented, outdated sales tools. At Coraly.ai, our mission is to simplify growth with AI that just works. This funding gives us the power to accelerate product innovation and expand into key growth markets, starting from the GCC and expanding globally,” said Fouad Bekkar, Founder and CEO of Coraly.ai.

The investment will be used to accelerate product development, enhance AI capabilities, and support expansion into Saudi Arabia, France, and the United States, while reinforcing the company’s leadership in the UAE and building robust commercial infrastructure for long-term growth.

Ivo Detelinov, General Partner at Salica Oryx Fund, commented: “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: “AI is set to leapfrog productivity in real estate, and Coraly.ai combines deep technical expertise with a clear understanding of market challenges to capture this global opportunity.”