What does Prop-AI do?
Prop-AI is an AI-powered platform that enables individuals and professionals to discover, evaluate, and invest in real estate. The platform leverages real-time data, predictive analytics, and conversational AI to provide actionable insights and investment-grade tools for the modern property market.
How much did they raise?
The company raised $1.5M in a Pre-Seed round led by Plus VC, with participation from Joa Capital, Select Ventures, Oraseya Capital, Plug and Play, along with contributions from angel investors and family offices in Saudi Arabia and Bahrain.
What are their plans for the money?
Prop-AI plans to use the funds to accelerate regional data integration, advance its AI and machine learning capabilities, forge key partnerships, and launch new tools for real estate professionals. This funding is expected to significantly enhance the platform's impact in the MENA region and beyond.
What have they achieved so far?
Led by CEO Ranime El-Skaff, Prop-AI has established a robust platform that already delivers actionable insights and investment tools, positioning it well for future growth in the dynamic real estate market.