Sampo AI Raises $750K in Pre-Seed Round

Sampo AI Raises $750K in Pre-Seed Round

Sampo AI, a Muscat, Oman-based startup specializing in AI-powered dynamic pricing solutions for e-commerce, has raised $750,000 in its pre-seed funding round.

The round was co-led by Omantel Innovation Labs and Waad VC, with support from Hexnture and Saudi angel investors.

Omantel Innovation Labs is an accelerator/incubator firm based in Muscat, Oman, and serves as the investment arm of Omantel Telecommunications. The firm seeks to invest in technology startups.

Founded in 2024, Waad Investment is a venture capital firm based in Riyadh, Saudi Arabia. The firm focuses on funding growth-stage startups within the technology and innovation sectors.

The funds will accelerate Sampo AI’s expansion into Saudi Arabia and the UAE, key markets for e-commerce growth, and enhance its AI-driven tools.

Founded in July 2024 by Saif Al-Essai and Khalifa Manaa, Sampo AI provides AI-based pricing solutions for eCommerce platforms. The company uses cutting-edge artificial intelligence to help online retailers optimize their pricing strategies by analyzing user behavior, and purchase patterns and conducting A/B testing.

Funding Details

Company: Sampo AI Ltd

Raised: $750K

Round: Pre-Seed

Funding Month: January 2025

Lead Investors: Omantel Innovation Labs, Waad VC

Additional Investors: Hexnture, Saudi angel investors

Company Website: https://getsampo.com/

Software Category: AI Pricing Solutions