qeen.ai, a UAE-based AI startup making AI solutions accessible and user-friendly for businesses of all sizes, closed a $2.2 million pre-seed round.
Investors
The round was led by Wamda Capital, with participation from international and regional investors, including 10x Founders, Aditum, and Dara Holdings, along with Jabbar Group, Phaze Ventures, and Eureka 460.
Established in 2014, Wamda Capital is a venture capital firm in Dubai, UAE, focused on supporting entrepreneurs in the MENA region at the seed and early stages in the Middle East and North Africa's leading entrepreneur-led technology companies.
qeen.ai Use of Funds
The company will use the fresh funds to fuel its mission to simplify intelligent commerce, making AI solutions accessible and user-friendly for businesses of all sizes.
About qeen.ai
Founded in 2023 by Dina Alsamhan, Ahmad Khwileh, and Morteza Ibrahimi, qeen.ai focuses on transforming the global e-commerce landscape, starting in the MENA (Middle East and North Africa) region. The company leverages GenAI to provide accessible and autonomous AI solutions tailored specifically for e-commerce businesses. They offer no-code, native GenAI product discovery solutions designed to enhance online sales and customer lifetime value (LTV). Their offerings include dynamic content products that autonomously improve through user interaction in real-time and multiple languages.
Funding Details
Company: qeen.ai
Raised: $2.2M
Round: Pre-Seed
Funding Month: June 2024
Lead Investors: Wamda Capital
Additional Investors: 10x Founders, Aditum and Dara Holdings, Jabbar Group, Phaze Ventures, Eureka 460
Company Website: https://www.qeen.ai/
Software Category: Ecommerce AI Solutions
Source: https://www.wamda.com/2024/06/qeenai-closes-2-2-million-pre-seed-led-wamda-capital