# SocialDice

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

- Industry: Software
- Headquarters: Dubai, United Arab Emirates
- Website: www.socialdice.net
- Total disclosed funding: $0.6M
- Latest round: Seed (Dec 31, 2017)
- Investors on record: 6

## About

SocialDice is a technology company specializing in software solutions that streamline operational processes and enhance user experience for businesses in various sectors, including finance, healthcare, and logistics.Founded in 2013, SocialDice operates out of Dubai, United Arab Emirates, providing innovative software applications tailored to meet industry-specific needs. The company has completed three funding deals, including the latest SEED round in December 2017, raising USD 600,000 from investors such as 500 Global, Ibtikar Fund, Oasis500, RAED Ventures, and Sadara Ventures. No significant changes in business strategy or structure have been noted since its inception.SocialDice specializes in delivering a suite of software applications aimed at enhancing operational efficiency, data analytics capabilities, and user experience for mid to large-scale enterprises in sectors such as finance, healthcare, and logistics. Its products are designed to streamline processes, offering tailored solutions that have seen extensive adoption in North America and Western Europe.The company generates revenue through a subscription-based model, offering clients ongoing access to its software products via annual or monthly plans. Clients can choose tiered pricing packages based on user numbers or selected modules, allowing for scalability. Partnerships with consultants and technology integrators enhance market penetration, promoting recurring revenue and strong client relationships throughout the subscription lifecycle.Looking ahead, SocialDice plans to leverage its recent SEED funding raised in December 2017 to enhance its product offerings and expand into new markets. Specific upcoming products are in development with tailored solutions set to launch in the latter half of 2024. The company is targeting expansion into the Asian market, with plans to establish operations by the end of 2025, aiming to capitalize on the growing demand for technological advancements in the region.

## Funding rounds

- Seed, Dec 31, 2017 — Vision Ventures
- Seed, Jul 30, 2017, $0.6M — Sadara Ventures, 500 Global, Oasis500, Ibtikar Fund, RAED Ventures
- Seed, Dec 28, 2015 — Sadara Ventures, 500 Global, Oasis500, Ibtikar Fund, RAED Ventures

## Investors

- Sadara Ventures (https://capitalatlas.ai/funds/sadara-ventures) — Seed
- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed
- Oasis500 (https://capitalatlas.ai/funds/oasis500) — Seed
- Ibtikar Fund (https://capitalatlas.ai/funds/ibtikar-fund) — Seed
- RAED Ventures (https://capitalatlas.ai/funds/raed-ventures) — Seed
- Vision Ventures — Seed