Halo AI raised $6 million in a Seed funding round led by Raed Ventures and Shorooq to expand globally beyond Saudi Arabia.
Jan 13, 2025•6 months ago
Amount Raised
$6 Million
Round Type
seed
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.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers