# KNACK

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/knack-3

- Industry: Software
- Headquarters: Dubai, United Arab Emirates
- Website: www.knacklab.co/
- Latest round: Seed (May 5, 2021)
- Investors on record: 1

## About

Knack Ltd. specializes in delivering innovative digital solutions that enhance user experience and optimize business efficiency through tailored software tools.Founded in 2020 by Amna Aljarwan and Divesh Lachhwani, Knack Ltd. operates out of Dubai, United Arab Emirates. The company focuses on developing software tools that streamline project management and enhance collaboration across diverse industries. In May 2021, Knack raised seed funding led by Flat6Labs to support its initiatives; this marked a strategic pivot to strengthen its technology offerings. Knack has completed 1 deal as recorded by the most recent deal date on 2021-05-05.KnackLab specializes in developing innovative digital solutions designed to improve user experience and drive business efficiency. Its core offerings include a suite of software tools tailored to enhance project management and collaboration across various sectors such as technology, healthcare, and education. The tools are crafted to overcome common challenges like communication barriers and workflow inefficiencies, ensuring productivity for teams. KnackLab actively markets its solutions in North America and Europe, aiming to empower enterprises with customizable options that meet specific operational needs.KnackLab utilizes a subscription-based revenue model, allowing clients to access its software solutions through various pricing tiers. Clients typically engage in annual contracts, creating a dependable revenue stream and fostering long-term relationships. The flagship products are priced to reflect the value they deliver, facilitating both direct-to-consumer engagement and B2B partnerships. The transaction structure supports seamless service integration, promoting ongoing support and updates that enhance user experience. Through this model, KnackLab effectively capitalizes on recurring revenue and maintains strong customer engagement.Knack Ltd. plans to leverage recent funding from its seed round in May 2021 to further develop its technology and expand its market presence in the Gulf Cooperation Council (GCC) region. The company aims to establish itself as a premier training and development platform for HR professionals in this market. Specific new product offerings are under design, although exact release dates are not disclosed. Knack's strategic focus includes enhancing its software solutions and broadening its reach to meet the evolving needs of businesses in the GCC.

## Funding rounds

- Seed, May 5, 2021 — Flat6Labs

## Investors

- Flat6Labs (https://capitalatlas.ai/funds/flat6labs) — Seed