Sampo AI raises $750K in Oman’s largest pre-seed round
Omantel and Waad Investment back Oman-based e-commerce innovator
#Oman #funding – Oman-based ecommerce pricing platform Sampo AI has raised $750,000 in its pre-seed funding round, the largest ever in the country. Led by Omantel Innovation Labs and Waad Investment, with participation from Hexnture and Saudi angel investors, the funding highlights both confidence in the startup’s potential and the future of AI-optimised ecommerce. Founded in 2024, Sampo AI uses AI to help e-commerce businesses optimise pricing strategies.
SO WHAT? – Over the past few years Oman’s government has upped the priority of growing its AI ecosystem, culminating what is seen as a higher impact national AI strategy for 2025-2026. Oman’s startup ecosystem has also developed dramatically in recent years, tapping the country’s significant technology talent pool. Sampo AI’s successful pre-seed funding round is proof that Oman’s ecosystem can produce innovative AI startups that have the potential to compete regionally.
Some key facts about Sampo AI’s pre-Seed round:
AI-powered ecommerce pricing platform Sampo AI has secured $750,000 in a pre-Seed funding round, the largest of its kind in Oman, co-led by Omantel Innovation Labs and Waad Investment, with participation from Hexnture and Saudi angel investors.
Founded in 2024, Sampo AI uses AI to help e-commerce businesses optimise pricing strategies through behavioural analysis, purchase patterns, and A/B testing.
This new funding will drive the Omani startup’s expansion into Saudi Arabia and the UAE and support further development of AI tools to tackle local market challenges.
The platform stores pricing information on more than 10 million regional products, enabling precise market insights and data-driven pricing.
Sampo AI offers a 14-day free trial and a satisfaction guarantee with refunds available within 30 days post-trial.
ZOOM OUT – Ecommerce has traditionally been a sweet-spot for Middle East venture capital. Although, according to a 2024 Pitchbook survey, global venture capital firms seem to be turning their attention from ecommerce to enterprise applications and logistics, the region’s focus has been on eCommerce, FinTech and Proptech. Sampo AI’s successful pre-seed round shows that AI continues to create new investment opportunities in the ecommerce sector.
Read more about recent AI startup funding:
Halo AI raises $6m to transform brand-creator collabs (Middle East AI News)
MilkStraw AI raises $600k in pre-Seed round (Middle East AI News)
Intelmatix reveals region's biggest AI Series A Round (Middle East AI News)