Prop-AI Raises $1.5M Pre-Seed to Expand AI-Powered Real Estate Investment Platform

Prop-AI, the AI-powered platform revolutionizing how people discover, evaluate, and purchase real estate, has successfully closed its pre-seed funding round, securing $1.5 million from a distinguished group of regional and global investors.

The funding round was led by Plus VC, the most active VC in the MENA region, with participation from leading venture capital firms Joa Capital, Select Ventures, Oraseya Capital, and Plug & Play, alongside strategic angel investors and family offices from Saudi Arabia and Bahrain. 

Founded in 2023 and headquartered in Dubai, Prop-AI is at the forefront of a new wave of PropTech innovation. Its platform automates and enhances property search, evaluation and presentation, harnessing advanced AI and machine learning to help everybody, from first-time buyers to institutional investors, make confident decisions in complex and fast-paced markets.

“Our mission is to build the ‘Bloomberg of Real Estate’” said Ranime El-Skaff, CEO of Prop-AI. “Real estate is the world’s largest asset class, yet remains one of the least digitized and data-driven. At Prop-AI, we are truly transforming how real estate investment decisions are made, not just for the region, but globally”

Hasan Haider, Managing Partner at +VC, said: “Prop-AI is at the forefront of PropTech, blending cutting-edge AI with strong market insight. The team’s vision, product execution, and market timing are impressive. As real estate becomes increasingly digital and data-driven, Prop-AI is well-positioned to lead the next wave of intelligent PropTech solutions across the Middle East and beyond. We’re proud to support Ranime, Christian and the team as they scale their platform and bring greater transparency to the real estate industry.”

Julien Plouzeau, Senior Partner at Oraseya Capital, said: “We believe Prop-AI is solving a huge pain point in real estate by giving people the tools to understand the market as investors, not just buyers. We’re excited to support their mission of bringing greater intelligence and accessibility to the sector. Their technology has the potential to reshape how decisions are made across the entire real estate value chain.”

“This funding marks a key milestone in our journey to build the most trusted AI infrastructure for real estate,” said Christian Kunz, Co-founder of Prop-AI. “We’re focused on the launch of our highly-anticipated Prop-AI Business platform and APIs for real estate professionals, and introducing the region’s most advanced Agentic AI for Real Estate, within the coming months. These innovations will make intelligent, data-driven, decision-making accessible to investors, real estate professionals, and eventually autonomous AI systems setting a new standard for real estate investing in the region and globally.”  

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