Seez, a UAE-based company specializing in aggregating new and used cars into a single app, has announced securing $4.2 million in investment to support its expansion into the US market.
The platform leverages artificial intelligence to offer various services to users, aggregating thousands of new and used cars from different sites to provide car seekers with multiple options at various prices. The app allows users to compare car prices to find the best deal, and it features a chatbot that negotiates car prices and assesses their quality.
Tarek Kabrit, CEO of Seez, stated: “As pioneers in bringing AI technology to the automotive sector, this investment underscores our commitment to innovation and disrupting the status quo. We are excited to capitalize on our momentum, develop our product offerings, and push the boundaries of automotive solutions.”
The United States is considered one of the largest car markets in the world, providing a broad and diverse opportunity with immense potential for companies operating in specialized sectors like automotive software.
Kabrit added: “Through this phase of expansion, we have secured key partnerships and achieved tremendous success in markets such as the UK, Australia, Denmark, South Africa, New Zealand, Mexico, and the GCC region. The US is our next logical frontier, and we remain committed to delivering our value to new customers and partners globally.”
