- Oman’s Sampo AI raised $750,000 in the largest ever pre-seed funding in the country.
- Founded in 2024, Sampo AI uses AI to help e-commerce businesses develop pricing strategies.
- This funding round was led by Saudi angel investors in addition to Omantel Innovation, Waad VC, and Hexnture.
Oman-based e-commerce pricing platform Sampo AI successfully raised $750,000 in the largest pre-seed investment in Oman. This significant investment comes to support the regional E-commerce market and shows confidence in the startup’s efforts.
The startup sector in Oman has developed in recent years and the government has raised the priority of developing its own AI ecosystem.
Believing in the future of AI-powered e-commerce optimization, Sampo AI was founded in 2024, by Khalifa Manaa, Saif AL Essai. It utilizes artificial intelligence (AI) to assist e-commerce businesses in developing their pricing strategies. The startup works on conducting behavioral analysis and studying purchase patterns.
The platform offers accurate and beneficial market insights through a database that includes over 10 million regional products. This process prepares businesses to and enables them to stay competitive.
With this investment, the startup will be able to expand into other countries like Saudi Arabia and UAE and it will successfully develop advanced AI tools to tackle local market challenges.
Sampo AI is now ready to enhance the e-commerce sector in the region by offering businesses innovative solutions allowing businesses to grow and maximize profitability.
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