Saudi AI startup Revora has raised $2 million in seed funding to expand its conversational commerce platform across MENA. The investment will support growth, product development, and regional expansion as businesses increasingly adopt AI-powered customer engagement tools. Revora is already live in more than 20 countries and the company’s revenue grew 10x since the company focused on Saudi Arabia and the GCC in late 2024.
Saudi Arabia-based AI e-commerce platform Revora has raised a $2 million seed round to accelerate its expansion across the Kingdom. This brings its total funding to $2.5 million. Founded in 2021 by Shuvo Rahman and Daniyal Baig, the company was formerly known as MyAlice. It has rebranded into an AI-native e-commerce operating platform designed to automate sales, customer service and marketing.
The funding round was co-led by i2i Ventures and Oraseya Capital, with participation from Anchorless Bangladesh, Conjunction Capital, F6 Ventures, Hi2 Global, Orbit Startups and several angel investors.
“AI is changing how people buy, not just how companies sell. We’re building Revora on one bet: that the businesses winning the next decade are the ones an AI can understand, represent, and sell for,” said Shuvo Rahman.
Revora's AI agents operate across WhatsApp, Instagram and company websites, handling customer enquiries, recommending products, recovering abandoned shopping carts, supporting marketing campaigns and converting conversations into completed purchases. The team has plans to deepen their presence in the region with this latest funding round.
The new capital will be used to expand the company's presence across Saudi Arabia and further develop its AI-powered platform as retailers increasingly adopt automation tools for online sales and customer engagement.
"We are thrilled to back the team at Revora. They have built a product that cuts through the AI noise with tangible value today and real scale potential. A product built from emerging markets for the region and traction that speaks for itself. Exactly the kind of bet we back at i2i Ventures”, said Kalsoom Lakhani, Co-founder/General Partner, i2i Ventures.
Revora was co-founded by Shuvo Rahman and Daniyal Baig. Daniyal spent over 12 years in the MENA region in leadership roles across media and fintech, most recently as COO of Forbes Middle East. In parallel, he built and ran an inventory management product for small merchants across the region, a first-hand lesson in the operational gaps that still plague independent commerce today.
Shuvo brings the product and technical depth. Revora is his second startup, following a successful exit from his agritech venture iFarmer, where he helped build a data and technology platform that connects smallholder farmers with financing, advisory services, and market access.
“Revora is precisely what talent in Bangladesh and Pakistan looks like when backed with conviction, a team that has consistently built ahead of the curve and generated real revenue from agentic AI in the Middle East. We backed Shuvo and team from the very beginning and are proud to double down as they scale”, Rahat Ahmed, General Partner, Anchorless Bangladesh.
Also Read: Dubai Fintech Startup Numi Brings AI-Powered Money Management to Consumers
Revora turns every merchant's product catalogue into clean, structured data. That catalogue is the long-term bet. As commerce shifts toward AI-powered search and shopping agents globally, that same structured data is what allows a merchant's products to be found, recommended and bought. Every merchant that joins Revora adds to a commerce graph that no messaging vendor, helpdesk or model provider can replicate.
“The signal that matters most to us isn’t the funding. It’s that merchants using Revora are generating real revenue from it. That's the metric we’re obsessed with, and the one we are building for,” said Daniyal Baig.
The investment comes amid continued momentum in Saudi Arabia's startup ecosystem. According to MAGNiTT, startups in the Kingdom raised $162 million across 47 funding deals during the first quarter of 2026, accounting for 41% of all venture capital transactions completed across the MENA region.