Sampo AI Secures $750K to Revolutionize Regional E-Commerce Growth

Sampo AI Secures $750K to Revolutionize Regional E-Commerce Growth

22 January 2025•

Person in a white traditional robe against a gray background.

Saif AL Essai, Sampo Ai Co-Founder & CEO

Sampo AI, a trailblazing startup specializing in AI-powered dynamic pricing solutions for e-commerce, has successfully closed its pre-seed funding round, securing $750,000. This milestone marks the largest pre-seed investment ever in Oman, reflecting strong investor confidence in the company’s innovative vision and growth potential.

The funding round was co-led by Omantel Innovation Labs and Waad VC, with participation from Hexnture and a group of prominent Saudi angel investors. The investment will fuel Sampo AI’s expansion plans across Saudi Arabia and the UAE, two key markets poised for technological transformation in e-commerce.

Revolutionizing e-commerce with AI

Founded in July 2024, Sampo AI leverages cutting-edge artificial intelligence to help e-commerce businesses optimise their pricing strategies. Its advanced platform analyses user behaviour, purchase patterns, and conducts A/B testing to make smarter, data-driven pricing decisions.

A key differentiator for Sampo AI is its proprietary database of over 10 million regional products, offering precise market insights to help businesses stay ahead in an ever-evolving e-commerce landscape.

Driving Growth and Innovation

The newly acquired funding will enable Sampo AI to:

  • Expand into Saudi Arabia and the UAE to serve growing e-commerce markets.
  • Enhance its AI-driven tools to tackle unique regional challenges, maximizing profitability and growth for its clients.

“We are incredibly proud to position Oman as a hub for innovation in the Middle East,” said Saif Al-Essai, Co-Founder and CEO of Sampo AI. “This funding validates our mission and empowers us to redefine how e-commerce businesses approach pricing strategies. With the backing of Omantel, Waad VC, Hexnture, and visionary angel investors, we are ready to make a lasting impact in the region’s e-commerce ecosystem.”

Official launch and exclusive offer

Sampo AI has also announced the official launch of its platform, providing e-commerce businesses seamless access to advanced pricing solutions. To encourage adoption, the company offers a 14-day free trial and a Golden Guarantee, ensuring a full refund if clients are not satisfied within 30 days after the trial.

---

Send us your press releases to [email protected]

Subscribe To Our Newsletter

Stay up to date with the latest news, special reports, videos, infobytes, and features on the region's most notable entrepreneurial ecosystems

Register for our free weekly newsletter

Stay up to date with the latest news, special reports, videos, infobytes, and features on the region's most notable entrepreneurial ecosystems