Revora, formerly MyAlice, has secured $2 million in seed funding led by i2i Ventures and Oraseya Capital to transition into an AI operating platform for e-commerce businesses. The funding will fuel expansion in Saudi Arabia, its primary market, and further product development focused on AI-driven commerce. Revora’s technology utilizes AI agents to recommend products, recover abandoned carts, and facilitate payments across various messaging platforms like WhatsApp and Instagram, reportedly increasing revenue by 15-20%. A key component of Revora’s strategy is converting product catalogs into structured data, enhancing product discoverability in an increasingly AI-powered shopping landscape. The company aims to build a unique commerce graph leveraging data from its merchant base. Founders Shuvo Rahman and Daniyal Baig believe that businesses adaptable to AI representation will dominate future commerce.
