# Yegertek

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

- Industry: Software
- Headquarters: Dubai, United Arab Emirates
- Website: www.yegertek.com
- Total disclosed funding: $6.3M
- Latest round: Seed (Sep 13, 2021)
- Investors on record: 2

## About

Yegertek, based in the United Arab Emirates, specializes in customer engagement solutions, offering innovative loyalty programs that enhance business-client interactions through advanced analytics and personalized experiences.Founded in 2018 and headquartered in Dubai, United Arab Emirates, Yegertek focuses on customer engagement solutions. The company has successfully raised USD 6.25 mn in Seed funding in September 2021, led by NB Ventures and participated by GCC. Zain Shaikh, the founder, has a background that includes significant experience in the tech sector.Yegertek specializes in providing comprehensive customer engagement and loyalty program solutions, primarily through its flagship product, Engage365, powered by Microsoft Dynamics CRM. This solution enables businesses to foster customer loyalty by facilitating personalized interactions across various touchpoints. The company also offers additional products, including PUZZLE, a clienteling solution designed to enhance in-store customer experiences, and BLOX, a real estate CRM that helps agents manage leads, contracts, and customer insights efficiently. These offerings are tailored for a diverse clientele that includes B2B, B2C, C2C, and C2B businesses in multiple geographical markets, with a strong emphasis on the UAE and broader Middle East regions. By utilizing advanced data analytics, Yegertek’s solutions aim to optimize the customer journey, enhance retention strategies, and ultimately drive sustainable growth for its clients.Yegertek operates under a structured transaction model that includes subscriptions and partnerships with clients across various sectors. The company generates revenue through its loyalty program solutions, which may involve tiered pricing arrangements based on the specific needs and scale of the client’s operations. Notably, Engage365 and PUZZLE are central to Yegertek’s revenue stream, facilitating long-term contracts with businesses seeking to improve customer retention and engagement. These business transactions typically involve tailored service agreements that require clients to commit to annual subscriptions or service packages. This structured approach allows for consistent revenue flow while delivering value to clients looking to enhance their customer loyalty initiatives.Yegertek plans to leverage the recent Seed funding of USD 6.25 mn raised in September 2021 to support its next phase of growth. The company is focused on launching new products aimed at enhancing customer engagement and expanding its market reach. Specific geographic regions targeted for expansion include broader Middle East markets, with plans for implementation by the end of 2022. These initiatives will utilize the funding to bolster product development and enhance market penetration.

## Funding rounds

- Seed, Sep 13, 2021, $6.3M — NB Ventures, GCC

## Investors

- NB Ventures (https://capitalatlas.ai/funds/nb-ventures) — Seed
- GCC — Seed