Revora has raised $2 million in a seed round led by i2i Ventures and Oraseya Capital to expand its AI-powered conversational commerce platform across Saudi Arabia and the wider MENA region.
The round was co-led by i2i Ventures and Oraseya Capital, with participation from Anchorless Bangladesh, Conjunction Capital, F6 Ventures, Hi2 Global, Orbit Startups, and a group of strategic angel investors, including Salla co-founder Salman Butt and operators from Bolt, Mubadala, and EY.
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The funding accompanies the company’s rebrand from MyAlice to Revora, reflecting its evolution from a conversational commerce tool into an AI operating platform designed to help merchants automate sales, customer engagement, and commerce operations.
Founded by Shuvo Rahman and Daniyal Baig, Revora develops AI agents that enable merchants to engage customers, recommend products, recover abandoned carts, and complete transactions directly within conversational channels such as WhatsApp, Instagram, and brand-owned websites.
The platform is built around a structured product catalog that allows AI systems to understand, recommend, and sell products more effectively. As AI-powered shopping and search experiences become more prevalent, structured product data is increasingly becoming a critical component of digital commerce infrastructure.
According to the company, brands using Revora’s AI-driven sales and marketing capabilities have recorded revenue increases of between 15% and 20%.
“AI is changing how people buy, not just how companies sell,” said Shuvo Rahman, Co-Founder of Revora. “We’re building Revora on one belief: that the businesses winning the next decade will be the ones an AI can understand, represent, and sell for.”
Revora currently operates in more than 21 countries and reported 10-fold revenue growth after increasing its focus on Saudi Arabia and the GCC in late 2024. The company plans to use the new capital to deepen its presence in Saudi Arabia, its fastest-growing market, while continuing to invest in product development and AI capabilities.
“The signal that matters most to us isn’t the funding. It’s that merchants using Revora are generating real revenue from it,” said Daniyal Baig, Co-Founder of Revora. “That’s the metric we’re focused on and the one we’re building for.”
The company plans to invest the proceeds in regional growth initiatives, product development, and the expansion of AI-powered commerce capabilities as online shopping increasingly shifts toward conversational and agent-driven experiences.
The investment reflects growing interest in AI-native commerce platforms across the region as retailers seek new ways to improve customer engagement, increase conversions, and automate operations. It also highlights investor confidence in startups building practical AI applications that generate measurable business outcomes.
As e-commerce businesses across MENA continue adopting AI technologies, conversational commerce is emerging as one of the fastest-growing segments of the retail technology market. Companies capable of combining customer engagement, sales automation, and intelligent product discovery into a single platform are increasingly attracting attention from both merchants and investors.
With fresh capital and growing traction in the Gulf, Revora’s next phase will focus on scaling adoption across Saudi Arabia and the wider GCC while positioning itself at the center of a rapidly evolving AI-driven commerce ecosystem.
Why Revora Funding Matters to MENA
The funding highlights growing investor confidence in AI-native startups building practical solutions for the region’s digital economy. As retailers across MENA seek to automate customer engagement and boost online sales, conversational commerce is emerging as a key growth area.
Revora’s focus on Saudi Arabia and the GCC also reflects the region’s increasing role as a testing ground for AI-powered commerce, where businesses are adopting intelligent sales agents and automation tools to improve customer experiences and drive revenue growth.
