# Derq

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/derq

- Industry: Software
- Headquarters: Dubai, United Arab Emirates
- Website: en.derq.com
- Total disclosed funding: $2M
- Latest round: Seed (May 12, 2021)
- Investors on record: 2

## About

Derq Inc. specializes in advanced technological solutions that enhance operational efficiency and effectiveness across various sectors, focusing on integrating innovative systems into existing business operations.Founded in 2016 in Dubai, United Arab Emirates, Derq Inc. develops cutting-edge solutions for the transportation and logistics sectors. The company is led by CEO Georges Aoude, and has conducted four deals, with the most recent being a Seed funding round, where it raised USD 0.50 mn from Wadi Makkah Ventures on October 28, 2024. This funding is aimed at bolstering product development and expanding its operations into new markets.Derq Inc. specializes in advanced technological solutions designed to enhance efficiency and effectiveness in various industries. Its core product offerings focus on innovative systems that integrate seamlessly into existing operations, addressing key challenges faced by businesses. Tailored for sectors such as transportation, logistics, and smart city infrastructure, these solutions optimize resource management and improve operational workflows. The company serves a diverse clientele, including government agencies, urban planners, and private enterprises in North America, Europe, and parts of Asia, empowering customers to achieve operational goals through real-time data analytics.Derq Inc.'s revenue model is structured around B2B transactions, primarily through subscription-based services and strategic partnerships. Clients engage via long-term contracts ensuring continued access to its flagship solutions, which include proprietary software and hardware systems. These agreements typically encompass installation, maintenance, and support services, ensuring a comprehensive implementation approach. Additionally, the company collaborates with industry stakeholders, including wholesalers and retailers, to expand its market reach while offering tiered pricing plans based on the scale and complexity of solutions provided.In October 2024, Derq Inc. secured additional venture funding from AT&T Ventures and e& capital. This funding will facilitate the company's expansion into the US and Gulf Cooperation Council (GCC) regions while accelerating investments in product development and intellectual property growth. The company aims to introduce new products that align with market needs, further enhancing its solution offerings and strengthening its presence in targeted markets.

## Funding rounds

- Seed, May 12, 2021, $0.5M — Wadi Makkah Ventures
- Seed, Oct 19, 2017, $1.5M — Techstars

## Investors

- Techstars (https://capitalatlas.ai/funds/techstars) — Seed
- Wadi Makkah Ventures (https://capitalatlas.ai/funds/wadi-makkah-ventures) — Seed