Riyadh – Sharikat Mubasher: Saudi-based e-commerce platform Revora announced it has closed a $2 million seed funding round, bringing its total funding to $2.5 million as it looks to expand its presence in Saudi Arabia and accelerate product development.
As per a recent press release, this round was co-led by i2i Ventures and Oraseya Capital, with participation from Anchorless Bangladesh, Conjunction Capital, F6 Ventures, Hi2 Global, Orbit Startups, and a group of angel investors.
Founded in 2021 by Shuvo Rahman and Daniyal Baig, the startup recently rebranded from MyAlice as part of its transition from customer support software to an AI-powered e-commerce operating platform. Revora enables online merchants to automate sales, customer support, and marketing through AI agents operating across channels such as WhatsApp, Instagram, and company websites.
The company currently serves more than 500 merchants across sectors including technology, fashion, and beauty, with clients such as Jarir Bookstore and BMW Motorrad. According to Revora, merchants using its platform have reported revenue increases of between 15% and 20%.
