# Claritecs Pte

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/claritecs-pte

- Industry: Software
- Headquarters: Singapore, Singapore
- Website: www.claritecs.com
- Total disclosed funding: $0.4M
- Latest round: Seed (Oct 9, 2019)
- Investors on record: 1

## About

Claritecs Pte Ltd specializes in the online gambling sector, enhancing player engagement through tailored gaming experiences and promotional offerings.Founded in 2017, Claritecs Pte Ltd is based in Singapore and operates as a platform in the online gambling industry. The company received its first funding in October 2019, raising SGD 0.43 million in a Seed round from investors including Schulte Group Innoport. The funding values the company at USD 3.94 million post-money. The founder's history is not available, and there are no known subsidiaries or parent companies.Claritecs is a leading platform in the online gambling industry, offering a diverse range of products and services focused on enhancing user experience through exclusive promotions and bonuses. Their core offerings include online slots, casino games, lottery, and togel, specifically targeting fans of prominent game developers such as Pragmatic Play and PGSoft. These products are designed to enrich gameplay and boost winning opportunities for users, catering to a broad audience of online gamers looking for engaging and rewarding experiences. Claritecs serves customers across multiple geographical markets, providing tailored promotions that address the preferences and interests of players in varying regions, thus ensuring a comprehensive gaming experience for users worldwide.In the most recent year, 2022, Claritecs generated a revenue of USD 72.5 mn. The company's revenue structure is driven by direct-to-consumer transactions, with users engaging through their platform to access a variety of gaming products. Users participate in promotional offers and bonuses related to online slots and casino games, leading to increased engagement and potential earnings. The platform operates on a transaction-based model where players can access various promotions that enhance their chances of winning, potentially leading to higher turnover. Claritecs maintains a competitive edge by offering various promotional packages designed to attract and retain customers, ultimately contributing to its revenue generation through user engagement and satisfaction.Claritecs plans to leverage its recent funding to enhance its product offerings and expand into new markets. The company aims to develop new gaming products scheduled for release in 2023, focusing on innovative features that enhance user experience. Additionally, Claritecs is targeting expansion into the Southeast Asian market, particularly in Malaysia and Indonesia, with plans to establish a presence by the end of 2024. The recent Seed funding of SGD 0.43 million will support these initiatives, allowing Claritecs to innovate further and scale operations effectively.

## Funding rounds

- Seed, Oct 9, 2019, $0.4M — Schulte Group Innoport

## Investors

- Schulte Group Innoport (https://capitalatlas.ai/funds/schulte-group-innoport) — Seed