
Shared 13 August, 2025
PropTech Connect » News & Insights » News
Coraly.ai, formerly known as Coralytics, has closed a $2 million pre-seed funding round led by Salica Oryx Fund, a MENA-focused early-stage investment vehicle based in Abu Dhabi Global Market. The round also included participation from EQ2 Ventures and a group of strategic angel investors, positioning the Dubai-based proptech company to accelerate its AI-driven growth platform for real estate professionals.
“Real estate agents globally are underserved by fragmented, outdated sales tools.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,” said Fouad Bekkar, Founder and CEO of Coraly.ai. “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.”
The investment will be used to accelerate product development, including expanding Coraly.ai’s engineering team and deepening its AI capabilities. The company plans to consolidate its market leadership in the UAE, establish operations in Saudi Arabia, and initiate pilot programs in France and the United States. The funding will also support the buildout of commercial infrastructure and go-to-market capacities to drive long-term growth.
Investors emphasized the significant market opportunity in transforming real estate technology. “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,” said Ivo Detelinov, General Partner of Salica Oryx Fund.
Patrick Thiriet, CEO of EQ2 Ventures, highlighted the broader industry transformation potential: “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.”
The company’s expansion strategy includes strong regional momentum and strategic partnerships. In Europe, Coraly.ai recently signed a go-to-market partnership with SNPI, France’s largest professional real estate union representing over 14,800 agencies. In North America, the company has secured its first MLS partner in the United States, with initial pilots scheduled to commence in the coming months. The recent rebrand from Coralytics to Coraly.ai reflects the company’s broader global vision.
Coraly.ai’s unified AI growth platform addresses the challenge of fragmented sales tools that have long underserved real estate professionals worldwide. By simplifying lead generation and conversion processes, the company aims to become a category leader in proptech, helping agents focus on relationship building and sales rather than administrative tasks. With strong backing and strategic partnerships in place, Coraly.ai is positioned to capture the global opportunity in AI-driven real estate technology transformation.
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