Qatar’s A-typical Ventures has announced its investment in Metric, an Abu Dhabi-based AI fintech startup that provides SMEs with real-time financial intelligence.
The funding round also saw participation from investors including 500 Global, Hub71, i2i Ventures, Plus VC, Epic Angels, Oqal Angels, Accelerate Prosperity, and other regional strategic angel investors.
Metric’s main product, Max, described as the world’s first Chief Financial AI, functions as a conversational business assistant, analysing financial data and offering recommendations.
Built on US$4.2 billion of proprietary transactional data, Max helps business owners track spending patterns, forecast performance, and identify growth opportunities.
Founded in 2022 by Meenah Tariq, Omar Parvez Khan, and CTO Dr Habiba, Metric’s platform is available in English and Arabic and is used by over 130,000 businesses across 190 countries.
Its AI marketplace also offers access to financial services, including financing options.
Aly El Shalakany, Venture Partner at A-typical Ventures, said:
“The funding will accelerate product development, broaden adoption of Max, and scale pilots offering integrated financing and banking services to small business owners across the GCC and beyond.”
Featured image credit: Metric
