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Founders Mentioned

Anis Harb

Algebra AI

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SaaS

Fayez El-Far

Algebra AI

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SaaS

Anis Harb

Algebra AI

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SaaS

Fayez El-Far

Algebra AI

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SaaS
SaaS iconSaaS
October 14, 2026
Ai AgentsB2b SaasMiddle East TechStartup FundingAi Automation

Algebra AI raises $7M to operate AI agents as a service

Dubai-based startup emerges from stealth with managed AI workflows for mid-market firms. Ex-Deliveroo exec leads service model that builds, runs and maintains agents.

Algebra AI raises $7M to operate AI agents as a service

Algebra AI, a Dubai-based startup that designs and operates artificial intelligence workflows for mid-market companies, has secured $7 million in seed funding led by Infinity Constellation. BECO Capital, Silicon Badia and Waseel Investments joined the round, the company announced June 9, 2026 as it emerged from stealth mode.

The proposition is straightforward but labor-intensive: Algebra builds custom AI agents for businesses in financial services, food and beverage, distribution and manufacturing, then keeps running them. Unlike software vendors that hand over a product and move on, Algebra embeds with clients, monitors performance and refines systems as conditions shift. It's a bet that mid-sized firms want results more than they want to manage AI themselves.

"We study how your business works, build AI systems around it, and stay accountable for the outcome," said Anis Harb, co-founder and CEO. That accountability extends beyond deployment. The same team that architects a workflow remains responsible for operating it, he explained in a company statement.

Harb stepped down as vice president and general manager for the Middle East at Deliveroo on April 28, 2025. He founded the food delivery platform's UAE operations in 2015 and oversaw growth that pushed gross transaction value past $1 billion, according to a Deliveroo announcement at the time. His co-founder, Fayez El-Far, held engineering roles at Bridgewater Associates, Altana and SCAI. The leadership roster also includes Abboud Hammour, who previously worked at Looker, Google and Dust, and product lead Rami Kaawach.

BECO Capital, an early-stage venture firm based in the UAE, said Algebra represents its first co-founded and incubated company. "We did not approach this as a conventional funding round," Abdulaziz Shikh Al Sagha, managing partner at BECO, told Inc. Arabia. "The syndicate co-founded and incubated Algebra AI from inception." That structure suggests the investors intend to remain unusually involved, though the practical distinctions from a standard seed deal remain somewhat opaque.

Infinity Constellation, the lead investor, is a U.S.-based holding company spun out of Invisible Technologies. It raised $24 million in a Series A last summer, according to Axios Pro. Silicon Badia operates out of Amman, Jordan and the United States, while Waseel Investments is a Saudi holding group focused on software, cloud and AI.

Digital illustration for article section "Content Section 2" in "Algebra AI raises $7M to operate AI agents as a service"

The company's use cases lean toward research-heavy work. One example: market and competitor analysis that parses regulatory filings, pricing data, news articles and customer reviews to generate weekly briefs. Algebra's website, reviewed in the fall, positions these systems as alternatives to hiring junior analysts or stretching existing teams.

Harb framed the opportunity in regional terms. "There are more than 30,000 mid-market businesses in the GCC," he claimed, "but the market has not produced a model that works for how they actually operate." Whether Algebra's hands-on approach proves more sustainable than traditional SaaS economics will depend on how efficiently the company can serve multiple clients without the overhead spiraling. The team size sits somewhere between 11 and 50 employees, according to LinkedIn data that may not reflect recent hiring.

Algebra said the fresh capital will go toward expanding its Gulf Cooperation Council client base, growing its AI engineering and operations teams, and deepening its managed-service model. The company is actively recruiting for roles including director of finance and corporate development, senior cloud and DevOps engineer, and senior data engineer. It was also selected for the fourth cohort of the Endeavor and Dubai Founders HQ Unicorn Builder Program last fall, a signal of regional institutional support.

Digital illustration for article section "Content Section 3" in "Algebra AI raises $7M to operate AI agents as a service"

What remains to be seen is whether businesses that have traditionally relied on consultants or in-house teams will embrace a hybrid model where an outside firm both builds and runs critical workflows indefinitely. Algebra is testing that premise in a market where automation appetite is high but tolerance for implementation risk runs lower.

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