Dubai - Sharikat Mubasher: Opteam, an innovative AI-powered construction management software based in the UAE, raised an undisclosed pre-seed funding round from Plus VC to accelerate its mission of transforming the construction industry.

Opteam will use the new capital to deepen its AI capabilities, expand its team, and establish its market presence in the UAE and Saudi Arabia, the company revealed in a recent statement.

Strategic investors including Dar Ventures, SIAC Ventures, and Oraseya Capital participated in the round.

Tarek Hegazy, Co-founder and CIO at Opteam, highlighted the pivotal role of Opteam in automating several manual tasks in the construction sector.

“The Middle East suffers from the highest amount of time and cost overruns than anywhere else globally and is desperate for a solution. We believe that Opteam is perfectly suited to take on this challenge because we are intimately aware of the processes in construction and of the adoption challenges of technology,” Hegazy added.

Opteam’s strategy targets developing extremely easy and consumable AI software to take advantage of the construction industry’s need to adopt simple and non-intrusive technology.

For his part, Hasan Haider, Managing Partner at Plus VC, said: “Opteam is breaking new ground in construction technology, addressing some of the industry’s most persistent challenges with innovative solutions. It’s a transformative tool for the construction industry, setting new benchmarks for unmatched efficiency and profitability.”

Established in 2020, Opteam aims to help construction teams overcome long-standing challenges and realize their full potential in the ever-evolving construction world. It was designed to improve how construction companies manage their data and reduce the time it takes to strategize from weeks to minutes.

Its software combines advanced data analytics, mobile progress tracking, and automation to support construction teams in optimizing resources, reducing delays, and managing complex schedules.