Revora Raises $2 Million to Expand Its AI E-Commerce Platform in Saudi Arabia

Saudi-headquartered AI commerce startup Revora, formerly known as MyAlice, has raised $2 million in a seed round co-led by i2i Ventures and Oraseya Capital to accelerate its expansion in Saudi Arabia and develop its AI operating platform for e-commerce merchants. The company, co-founded by Shuvo Rahman and Daniyal Baig, is shifting from a conversational commerce tool to a broader AI platform that enables AI agents to recommend products, recover abandoned carts, and process payments within conversations on platforms like WhatsApp and Instagram in the customer's native dialect. Brands using Revora's AI-led sales reportedly see a 15-20% revenue increase, and the startup now operates across more than 21 countries, having grown its revenue tenfold since focusing on Saudi Arabia and the GCC in late 2024. This funding primarily supports Revora's growth in Saudi Arabia, its largest market, as it builds toward a future where AI drives more consumer purchasing.