Riyadh – Sharikat Mubasher: Coraly.ai, formerly known as Coralytics, announced raising $2 million in pre-seed funding to accelerate the growth of its AI-powered real estate platform across the GCC and beyond.

The round was led by Abu Dhabi-based Salica Oryx Fund, with participation from EQ2 Ventures and strategic angel investors, as per a recent press release.

Fouad Bekkar,  the company’s Founder and CEO, said the funding will drive product innovation, expand the engineering team, and deepen AI capabilities, while also supporting entry into Saudi Arabia, pilot programs in France and the US, and the buildout of commercial infrastructure.

Coraly.ai, which aims to simplify lead generation and conversion for real estate agents, recently partnered with SNPI, France’s largest professional real estate union, and secured its first MLS partner in the US. The rebrand from Coralytics reflects its broader global ambitions.