With this new capital, Qeen.ai plans to expand its platform, grow its team of over 25 employees, and attract more customers.
Founded in 2023 by former Google and DeepMind colleagues Morteza Ibrahimi, Ahmad Khwlieh, and Dina Alsamhan, Qeen.ai leverages their extensive AI backgrounds to innovate in e-commerce.
Qeen.ai's platform features AI-powered marketing agents that assist merchants with content creation and conversational sales, enabling them to compete effectively without heavy advertising costs.
The company's proprietary RL-UI technology continuously learns from user interactions, allowing businesses to refine their marketing strategies and enhance customer experiences.
As the e-commerce market in MENA is projected to reach $50 billion by 2025, driven by changing consumer behaviors and improved logistics, Qeen.ai is well-positioned to capitalize on this growth.
The startup's AI agents not only automate e-commerce functions but also help businesses optimize operations and unlock new growth opportunities.
Dubai-based startup Qeen.ai has successfully secured $10 million in seed funding, marking one of the largest investments in the MENA region's AI sector.
Since launching its Dynamic Content agent in mid-2024, Qeen.ai has served over 15 million users and increased merchant sales by 30%.
The funding round was led by Prosus Ventures, with participation from Wamda Capital, 10x Founders, and Dara Holdings, bringing Qeen.ai's total funding to $12 million.
Qeen.ai distinguishes itself by focusing on the underserved MENA market, prioritizing small and mid-sized businesses before considering global expansion.
Robin Voogd from Prosus Ventures emphasized the significant potential for AI agents to redefine global marketplaces for online merchants.
Qeen.ai operates on a subscription-based pricing model, charging businesses based on active SKUs and per-interaction volumes, making it accessible for various merchants.
