qeen.ai

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Overview

Qeen.ai is a Dubai-based AI platform specializing in the development of autonomous AI agents tailored for the e-commerce sector. Founded in May 2023 by Morteza Ibrahimi, Ahmad Khwileh, and Dina Alsamhan, the startup leverages its technology to streamline tasks such as marketing, content creation, and conversational sales. As of February 2025, the company has raised a total of $12 million in funding, with its latest seed round of $10 million led by Prosus Ventures. Qeen.ai has quickly embedded itself in the MENA region's e-commerce market, one of the world's fastest-growing markets.

Recent Developments

  • February 2025: Qeen.ai raised $10 million in a seed funding round, marking one of the largest early-stage investments in the MENA region. Led by Prosus Ventures, and with contributions from Wamda Capital, 10x Founders, and Dara Holdings, this funding aims to expand the company’s AI capabilities and market reach within the burgeoning e-commerce sector, set to hit $50 billion by 2025.
  • 2024: The company launched its Dynamic Content agent, which achieved impressive traction by serving over 15 million users and generating more than 1 million SKU descriptions, enhancing merchants’ sales by up to 30%.
  • Q2 2024: Launched their flagship AI Agent Technology, enhancing performance by autonomously executing marketing and sales tasks.
  • June 2024: Successfully closed a pre-seed funding round of $2.2 million to capitalize on growing digital commerce opportunities in the MENA region.

Company Information

AttributeInformation
Founding DateMay 2023
HeadquartersDubai, UAE
FoundersMorteza Ibrahimi, Ahmad Khwileh, Dina Alsamhan
RevenueNot disclosed
ProfitsNot disclosed
Key InvestorsProsus Ventures, Wamda Capital, 10x Founders, Dara Holdings
IndustryAI-powered E-commerce Automation
Number of EmployeesOver 25

Early History

Qeen.ai was founded in the tech hub of Dubai in 2023 by former Google and DeepMind colleagues Morteza Ibrahimi, Ahmad Khwileh, and Dina Alsamhan. Their shared vision to redefine how e-commerce platforms operate led to the creation of Qeen.ai, focusing on AI-driven solutions to tackle inefficiencies in ecommerce operations. Their initial success was marked by a $2.2 million pre-seed round in June 2024, allowing them to develop and launch their Dynamic Content agent. This innovative tool quickly gained traction, propelling Qeen.ai to serve millions of users within a year of operation.

Company Profile and Achievements

Qeen.ai operates a novel business model characterized by its AI platform designed for e-commerce automation. The company specializes in creating autonomous AI agents, which independently perform tasks typically requiring human intervention, such as content marketing and sales optimization. Major achievements include:

  • Launch and success of its AI agents, notably the Dynamic Content agent, which drastically increased client sales by 30%.
  • Secured significant funding rounds, highlighting growing investor confidence particularly from renowned venture firms like Prosus Ventures.
  • Extension of AI capabilities across the MENA region, addressing key operational inefficiencies faced by online retailers.

Current Operations and Market Position

Qeen.ai's proprietary AI technology actively transforms the e-commerce landscape by enabling smaller businesses to automate essential processes previously reliant on expensive agencies or manual operations. By applying machine learning, Qeen.ai optimizes marketing strategies in real time, interacting with a wide array of platforms from Dubai Store to Jumia. Currently, Qeen.ai holds a strategic position in the e-commerce market of the MENA region, anticipated to reach $50 billion in market value by the end of 2025. Their operational strategy focuses on expanding their team and extending market outreach to realize opportunities both locally and potentially on a global scale.

Conclusion

Qeen.ai stands out in the highly competitive AI and e-commerce industry due to its innovative use of AI agents, which revolutionize business operations by offering efficiency and scalability. With substantial funding and a strong foothold in the MENA region, the company is poised for significant influence in the evolving digital economy. Its trajectory suggests potential for substantial growth and expansion beyond regional borders, potentially impacting global e-commerce strategies through advanced AI solutions.

References

  1. FinSMEs Article on Qeen.ai
  2. The Finance World Report
  3. Zawya Business Report
  4. Wamda Capital Announcement
  5. SaaS News Update
  6. Digital Watch Article
  7. Deal Street Asia Coverage
  8. TechCrunch Report
  9. Middle East AI News
  10. Fintech Magazine Africa