WalaPlus
A creative way to boost employees loyalty.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
$600k | Seed | ||
| Total Funding | 000k | ||
| USD | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 73 % | 97 % | 29 % | 95 % | 36 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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WalaPlus operates in the loyalty and rewards industry, providing innovative solutions to enhance customer engagement and retention for businesses. The company serves a diverse range of clients, including retail businesses, service providers, and corporate entities looking to incentivize their employees or customers. WalaPlus operates primarily in the Middle Eastern market, leveraging technology to offer customized loyalty programs, digital rewards, and incentive management systems.
The business model of WalaPlus revolves around a subscription-based service where clients pay for access to the platform and its various features. Additionally, the company generates revenue through transaction fees on rewards and incentives distributed via its platform. By offering a comprehensive suite of tools for managing loyalty programs, WalaPlus helps businesses increase customer satisfaction and drive repeat business.
WalaPlus makes money by charging businesses for the use of its platform, as well as through commissions on rewards and incentives redeemed by end-users. The company's focus on technology and customization allows it to cater to the specific needs of each client, ensuring high levels of satisfaction and effectiveness in their loyalty programs.
Keywords: loyalty solutions, rewards programs, customer engagement, retention, digital incentives, subscription service, Middle Eastern market, incentive management, customized programs, technology-driven.