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Algebra AI, a Dubai-based AI firm led by former Deliveroo Middle East head Anis Harb, has emerged from stealth with $7 million in funding and clients across financial services, food and beverage, manufacturing and distribution.
The round was backed by Infinity Constellation, BECO Capital, Silicon Badia and Waseel Investments. The company said it was founded in partnership with those investors and that it builds and operates AI systems for businesses as a managed service rather than licensing software.
Algebra AI is targeting mid-market companies that it says are too large for off-the-shelf AI tools and too small to absorb the cost and internal resources of enterprise-grade systems. It designs systems around a client's existing tools, approval processes and constraints, and keeps the same team in place to run and refine them as the business changes.
"There are more than 30,000 mid-market businesses in the GCC, but while these businesses that form the backbone of this economy have been told AI is for them, the market has not produced a model that works for how they actually operate," Harb said.
"Algebra AI is distinct from a typical SaaS provider. We study how your business works, build AI systems around it, and stay accountable for the outcome. That is a fundamentally different relationship, and it is one the mid-market has not had access to before," he added.
Harb founded Deliveroo's Middle East business in the UAE in 2015 and led it until 2025, scaling it to more than $1 billion in gross transaction value.
Infinity Constellation is the investment vehicle of Francis Pedraza, founder of Invisible Technologies, a San Francisco-based AI services company. It operates as what it calls an AI-native holding company, building services businesses itself rather than investing as a conventional fund, by pairing experienced commercial founders with AI engineers and sharing centralised infrastructure, including software, entity formation, equity plans and operational support, across its portfolio so that new companies can launch quickly.
Infinity, which describes its model as a cross between Y Combinator and Berkshire Hathaway, raised $24 million in a Series A round disclosed this week, on top of $17 million raised previously, and plans to launch up to eight businesses a year. Under its standard structure, repeat founders take a 25% stake in each company they build with the holding company, as well as equity in Infinity itself, according to Axios.
"My teams have spent a decade figuring out what it takes to make AI work inside real businesses, doing the messy work inside the business, not as a demo, but as a system that runs every day," Pedraza said.
He said Silicon Badia co-founder Namek Zu'bi had brought the investor group together. "So when Namek from Silicon Badia approached me about partnering with the team at BECO, Waseel Investments and Anis to build a company around this opportunity in the GCC, it immediately resonated. The combination of Anis's operating experience, the strength of the founding syndicate, the depth of the regional ecosystem, and the scale of the opportunity made it clear that Algebra AI could become the category-defining company for AI-powered services in the region," he said.
Algebra AI said it plans to expand its client base across the GCC and grow its operations and AI engineering teams over the coming months, with a focus on its managed-service capabilities.
👉 Independent reporting on the MENA tech and startup ecosystem. Stories like this exist because subscribers fund them. Subscribe now.
