Coraly.ai, a UAE-based proptech platform, announced the closing of its $2 million Pre-Seed round led by Oryx Fund, with participation from EQ2 Ventures and angel investors.

More to Know:

• Fouad Bekkar founded Coraly.ai in 2022.
• It has developed an AI-powered platform to help real estate agents and brokers market and sell properties.
• The investment will be used to accelerate product development and hiring.
• It plans to strengthen its presence in the UAE and launch operations in Saudi Arabia this year, as a step towards expansion into other markets.