Dubai-based proptech startup formerly known as Coralytics – Coraly.ai – the Dubai – has raised £2m in pre-seed funding to scale its AI-powered growth platform for real estate professionals. The round was led by Salica Oryx Fund, with participation from EQ2 Ventures and several strategic angel investors.
The fresh capital will allow the company to expand its engineering and AI teams, strengthen commercial infrastructure, and roll out new product features aimed at simplifying lead generation and conversion for property agents.
Coraly.ai also plans to expand its footprint beyond the UAE, launching operations in Saudi Arabia and piloting programmes in France and the United States.
“Real estate agents globally are underserved by fragmented, outdated sales tools.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. This funding gives us the firepower to further accelerate product innovation and expand into key growth markets.
“Our vision is to make high-impact technology radically accessible for agents everywhere, starting with the GCC and expanding globally.”
Fouad Bekkar, Founder and CEO, Coraly.ai
Investors highlighted the scale of opportunity for transforming real estate workflows through artificial intelligence.
“Salica Oryx Fund is delighted to be an early supporter and investor in Coraly.ai. It represents a significant advancement in real estate marketing technology, offering an AI-powered platform that fundamentally transforms how properties are marketed and presented online.”
Ivo Detelinov, General Partner, Salica Oryx Fund
As part of its international growth strategy, Coraly.ai has partnered with SNPI, France’s largest professional real estate union, representing over 14,800 agencies. In the US, it has signed its first MLS partner and is preparing pilot projects in the coming months.
The rebrand from Coralytics to Coraly.ai reflects the startup’s shift toward a broader global identity. By consolidating disparate sales tools into a single AI-first platform, the company aims to reduce administrative overhead for property agents and allow them to focus on customer relationships and transactions.
“AI is about to leapfrog productivity across many industries where professionals still use ill-adapted legacy software products to run their business. The property market is one of those verticals, with real estate agents spending too much time on non-productive tasks. Fouad and the Coraly.ai team combine their deep knowledge of evolving AI capabilities with a strong understanding of those challenges, and we at EQ2 are looking forward to helping them crack what is a global opportunity.”
Patrick Thiriet, CEO, EQ2 Ventures
