- UAE-based AI transformation company Algebra AI has officially launched after raising $7 million from Infinity Constellation, BECO Capital, Silicon Badia, and Waseel Investments, targeting mid-market businesses across the GCC.
- Founded by Anis Harb, Algebra AI develops and operates customized AI-powered workflows for companies in sectors such as financial services, food and beverage, manufacturing, and distribution.
- The company plans to expand its customer base across the GCC while expanding its AI engineering and managed services teams.
press release:
Algebra AI today announced its official launch with stealth engagement with customers across the financial services, food and beverage, distribution, and manufacturing sectors and $7 million in funding from investors including Infinity Constellation, BECO Capital, Silicon Badia, and Waseel Investments.
The company was founded in partnership with major investors and is led by co-founder and CEO Anis Harb, who grew Deliveroo’s Middle East operations from launch to more than $1 billion in total transaction value.
Algebra AI was created to fill a gap that has widened as AI adoption accelerates. Mid-market companies are too large for off-the-shelf AI tools and too small to justify the cost and in-house resources required for enterprise-grade solutions.
We design a customized system based on how your business actually operates, including existing tools, approval logic, and constraints, ensuring your system is compatible from day one. It’s then run by the same team and refined as your business evolves.
Anis Harb, co-founder and CEO of Algebra AI, said: “There are over 30,000 mid-sized businesses in the GCC. But while we’ve been told that AI is perfect for these businesses, which are the backbone of this economy, the market hasn’t produced a working model of how businesses actually operate.”
Throughout his career, Herb has seen business growth and organizational complexity go hand in hand. More volume means more people, processes, and overhead. Algebraic AI is built on the premise that AI changes this equation.
“Algebra AI is different from your typical SaaS provider. We study how your business works, build AI systems around it, and keep you accountable for the results. This is a fundamentally different relationship, and one that the middle market has not had access to before,” he added.
Francis Pedraza, co-founder of Infinity Constellation and founder of Invisible Technologies, spoke on behalf of the founding investors. “My team spent 10 years figuring out what it takes to make AI work within a real-world business: doing the heavy lifting within the business, not as a demo, but as a system that runs every day.”
“So when Silicon Badia’s Namekian approached me about partnering with the team at BECO, Waseel Investments and Anis to build a company based on this opportunity in the GCC, it clicked right away. The combination of Anis’ operating experience, the strength of the founding syndicate, the depth of the regional ecosystem, and the scale of the opportunity makes Algebra AI one of the leading AI companies in the region. It has become clear that we have the potential to become a company that defines a category of services that utilize
The company plans to aggressively grow its customer base across the GCC and expand its operations and AI engineering teams in the coming months, with a focus on deepening its managed services capabilities across various sectors.
