Eksab Inc.

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Eksab Inc. - overview

Established

2017

Location

Cairo, -, Egypt

Primary Industry

Software

About

Eksab Inc. offers a vibrant online gaming platform catering to users in the Middle East and Africa, enabling competitive play through engaging games such as Fantasy Football and trivia contests. Founded in 2017 in Cairo, Egypt, Eksab Inc. operates an online gaming platform that allows users to engage in contests and competitions.


Led by founder and CEO Aly Mahmoud, the company has raised USD 3. 00 mn in Seed funding as of March 28, 2022, from investors including 4DX Ventures, Darwazah Capital, Golden Palm Investments Corporation, and P1 Ventures. The company has successfully completed a total of 4 deals to date. Eksab's core offerings revolve around a unique online gaming platform that serves as an arcade for users in the Middle East and Africa.


The platform features a variety of engaging games including Fantasy Football, Movie Trivia, and Football Trivia, all designed to enhance user interaction through competitive play. Users can participate in daily competitions that challenge their knowledge of football and movies, with large prizes available for winners. The platform targets a diverse client base, appealing to sports enthusiasts and movie buffs alike, by allowing them to test their expertise and engage in competitive gameplay. Eksab's services are particularly focused on the Egyptian market, where they have distributed over 10,000,000 EGP in prizes, reflecting their commitment to rewarding active participation.


Eksab generates revenue primarily through transactional gaming experiences offered to its users. The structure includes entry fees for competitions that allow participants to compete for cash prizes. Users can join various competitions, including fantasy leagues and trivia games, typically involving a nominal fee that contributes to the prize pool. This transactional approach is designed to attract a large number of participants, enhancing engagement while driving revenue through user participation.


The company has strategically positioned itself to cater directly to consumers, with a focus on delivering engaging gaming experiences that resonate with local interests in football and cinema. Through this model, Eksab maintains a dynamic revenue stream while continually fostering user engagement and loyalty. In March 2022, Eksab Inc. raised USD 3.


00 mn in Seed funding to support its growth strategies, aiming to scale its user base across the Mena region and Africa. The company plans to invest in product development and talent acquisition for engineering and product roles, while also executing partnerships with global football clubs. Through these initiatives, Eksab is positioned to enhance its platform offerings and expand its market reach.


Current Investors

500 Global, 4DX Ventures, Golden Palm Investments Corporation

Primary Industry

Software

Sub Industries

Professional Sports/eSports, Gaming

Website

www.yallaeksab.com

Verticals

Mobile Apps

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

Eksab Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
SeedCompletedEksab Inc.-
Unspecified RoundCompletedEksab Inc.-
SeedCompletedEksab Inc.-
SeedCompletedEksab Inc.-

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