UAE-based icogz, a company that uses artificial intelligence (AI) to help businesses analyze data, has raised $1.4 million in its Pre-Seed funding round. The money came from individual investors and investment groups from the UAE and India.
This investment will help icogz speed up the launch of its Aryabot platform. Aryabot is a smart system that uses advanced AI technologies.
It helps organizations bring together complex data, find patterns, take automated actions, and get useful insights—without needing traditional dashboards.
icogz plans to use the funding to boost innovation and grow its Aryabot platform.
The company also wants to expand its business in the Middle East and Southeast Asia, where it has started forming important partnerships in retail, financial services, and fast-moving consumer goods (FMCG) industries.
The Aryabot platform uses a library of over 200 algorithms to power its features.
It can understand users’ natural questions, making it an interactive tool that can sense, learn, and make decisions on its own.
icogz is now getting ready for its Series A funding round by hiring skilled technical experts.
The company also plans to expand its smart platform to cover additional business areas, including market research and predictive analytics, to support future operations.
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