Prop-AI, the AI platform reinventing property discovery and valuation, has closed a $1.5 million pre-seed led by Plus VC with Joa Capital, Select Ventures, Oraseya Capital and Plug & Play.
CEO Ranime El-Skaff said the raise “validates our mission to automate real-estate investing.”
Founded in 2023, Prop-AI’s machine-learning engine tripled Q1 revenue by ranking, pricing and presenting assets for buyers from first-timers to institutions. The startup recently earned Dubai’s prestigious AI Seal of Excellence for proptech innovation.
Funds will widen regional data, forge developer partnerships and launch Prop-AI Business APIs. Plus VC partner Hasan Haider called the timing “impressive,” while co-founder Christian Kunz pledged the region’s first agentic AI for real estate.
Featured image: Credit: Prop-AI
