Opteam, a Dubai, UAE-based provider of AI-driven construction management software, raised an undisclosed amount in Pre-Seed funding.
The round was led by Plus VC, with participation from Dar Ventures, SIAC Ventures, and Oraseya Capital.
The company intends to use the funds to expand its team and establish its market presence in the UAE and Saudi Arabia.
Founded by Dr. Tarek Hegazy and his son Ahmed Hegazy, Opteam provides a solution to enable construction companies to manage their data and reduce the time it takes to strategise from weeks to minutes. The software combines data analytics, mobile progress tracking, and automation to support construction teams in optimizing resources, reducing delays, and managing complex schedules. With a focus on real-time insights and data-driven decision-making, Opteam enables construction teams to automate a large amount of manual tasks, monitor the site with accurate updates, give real-time reporting and intelligently recover project delays.
FinSMEs
15/01/2025