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Halo AI raised $6 million in a Seed funding round led by Raed Ventures and Shorooq to expand globally beyond Saudi Arabia.

Jan 13, 20256 months ago

Amount Raised

$6 Million

Round Type

seed

DubaiMachine LearningArtificial Intelligence

Investors

ShorooqRaed Ventures

Description

Halo AI, an AI-powered networking platform, has closed a $6 million seed funding round led by Raed Ventures and Shorooq. The investment will support the company's global expansion plans, starting with Dubai and Kuwait, and later scaling across MENA, Europe, and North America.

Company Information

Company

Halo AI

Location

Dubai, Dubai, United Arab Emirates

About

Halo AI is an AI-powered networking platform founded in 2024 that connects brands with nano- and micro-influencers. The platform aims to optimize collaborations between brands and creators through its advanced AI technology. It has achieved notable success in its early operations, boasting a high campaign completion rate. The company is positioned to scale globally, focusing on regions such as MENA, Europe, and North America.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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