TEMTEM HOLDING
Latest round
- Series A
Last raised
- Sep 2019
Total raised
- $4M
Investors
- 1
About TEMTEM HOLDING
Temtem Holding SAS was founded in 2017 and is headquartered in Algiers, Algeria. The company specializes in providing a mobile application that allows users to earn rewards by capturing receipt images from their shopping activities. CEO Kamel Haddar leads the firm, which has completed a total of 2 deals.Temtem provides a mobile application that integrates a rewards system, allowing users to earn shopping vouchers by scanning their purchase receipts. The core service revolves around capturing receipt images through the Temtem app, which processes these images to issue vouchers based on users' shopping activities. This service aims to enhance customer engagement and loyalty by rewarding purchases made at physical retail locations.Temtem's revenue model is structured around transactions facilitated through its application, where users earn rewards for engaging with partner retailers. The company establishes partnerships with various retailers, enabling seamless interactions between app users and physical stores. As users make purchases from participating merchants, they scan their receipts to generate vouchers for future transactions within the app or at associated retailers. The financial arrangements could involve commissions on sales generated through the app, aligning incentives for both Temtem and its partners. The company aims to launch new functionalities aimed at improving user experience and engagement in the coming year. Additionally, Temtem is exploring opportunities for geographical expansion beyond Algeria, targeting neighboring North African markets by 2024.
Who invested in TEMTEM HOLDING
1 investor across 1 round
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Funding rounds
Series A
Sep 25, 2019
Amount
$4M
Investors
Questions about TEMTEM HOLDING
Who invested in TEMTEM HOLDING?
TEMTEM HOLDING has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has TEMTEM HOLDING raised?
TEMTEM HOLDING has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did TEMTEM HOLDING last raise money?
TEMTEM HOLDING's most recent round on record is a Series A, in Sep 2019.
What does TEMTEM HOLDING do?
Temtem Holding SAS was founded in 2017 and is headquartered in Algiers, Algeria.
Where is TEMTEM HOLDING headquartered?
TEMTEM HOLDING is headquartered in Algiers, Algeria.
Which VCs invest in companies like TEMTEM HOLDING?
Among active investors with capital left to deploy, WestBridge Capital Partners, Ventures Platform, Persistent Energy Capital and Norrsken22 back transportation services companies at TEMTEM HOLDING's stage. Their profiles are linked below.
VCs backing transportation services startups at Series A
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