KSA’s intella Secures $12.5M in Series A Round

intella, an AI data-tech company based in Saudi Arabia, has secured $12.5 million in a Series A round led by Prosus Ventures, with participation from 500 MENA, Wa’ed Ventures, HALA Ventures, Idrisi Ventures, and HearstLab.

More to Know:

  • Intella is a dialectal Arabic speech intelligence platform.
  • Its solutions include speech transcription, analytics, and customer interaction tools.
  • Stated that it has developed speech-to-text models with 95.73% accuracy, covering over 25 Arabic dialects.
  • The funding will be used to expand operations across the MENA region, boost R&D, and scale hiring in Egypt and Saudi Arabia.
  • Intella was founded in Egypt and recently relocated its headquarters to Saudi Arabia.
  • Founded by Nour Taher and Omar Mansour in 2021.

 

مقالات ذات صلة

Startup: Grintafy Event: Partnership Other Parties: Serie A Grintafy, a Saudi-based sportstech...

UAE’s Cercli has announced the raising of $4M in a seed funding...

Startup: Fintech and Logistics. Founding date: 2019. Country: Saudi Arabia. Investors: Angel...