Saudi AI Startup Revora Secures $2 Million to Expand E-Commerce Platform

Saudi-based AI startup Revora, formerly known as MyAlice, has secured $2 million in seed funding to scale its AI operating platform for e-commerce merchants, marking a strategic shift from a conversational commerce tool to a comprehensive AI-native sales layer. The round was co-led by i2i Ventures and Oraseya Capital, with participation from several investors including Anchorless Bangladesh and strategic angel Salman Butt, co-founder of Salla. Revora plans to deploy the capital primarily to accelerate its expansion in Saudi Arabia, its largest and fastest-growing market, where the company has already seen a 10-fold revenue increase since late 2024. The platform enables AI agents to automate product recommendations, recover abandoned carts, and process payments across channels like WhatsApp and Instagram, addressing a future where more buying occurs through conversational interfaces rather than traditional storefronts. With operations now in over 21 countries, this funding will also support further product development to serve the next generation of e-commerce merchants.