Cycls raises $1 million pre-Seed round
- Saudi Arabia-based AI startup Cycls has raised $1 million in pre-Seed funding from angel investors.
- Founded in 2021 by Mohammed Alrujayi and Khalid Alrasheed, Cycls offers AI-based chat services that can be integrated with services across various industries, including e-commerce, telecom, travel, and personal finance.
- The new funding will be used to launch Cycls’s new product “Sarya” a chat-based generative AI tool, as well as fuel its expansion plans to the UAE.
Press release:
“Stepping into a world where technology understands you, not the other way around - it's not just an idea, it’s our reality. And now, with Sarya, it’s yours too,” reveals Mohammed Alrujayi, Co-Founder and CEO of Cycls, “We're going after a pivotal moment in tech history where machines finally don't merely compute but genuinely comprehend” he adds with excitement and enthusiasm.
Sarya is a chat-based experience like no other; it’s generative AI (which underpins chatGPT) brought to life in the tangible world. If chatGPT is the underlying powerhouse, enabling human-like conversations, Sarya is the embodiment of that technology in a user-friendly form, securely embedded into our day-to-day digital purchases and interactions. You can ask, engage, shop, and pay - all within a single chat window, a Superchat.
Started in Saudi Arabia, and now expanding into the UAE, Cycls is integrating with a wide range of services across various industries, including e-commerce, telecom, travel, and personal finance. "It's admittedly an ambitious goal, but a practical one — we simply see service providers wrapped in conversations, with zero learning curve for the user" continues Mohammed.
Cycls was founded by Mohammed Alrujayi and Khalid Alrasheed. They’ve recently launched Sarya the superchat and since then received widespread adoption from users. In addition, Cycls raised $1 million pre-seed funding from angel investors to bring its visionary ideas to market.