Rancard Solutions Limited

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Rancard Solutions Limited - overview

Location

Accra, -, Ghana

Primary Industry

Software

About

Rancard Solutions Limited is a technology company based in Accra, Ghana, specializing in cloud-based solutions that enhance audience engagement through advanced machine learning, targeting diverse global markets. Founded by Kofi Dadzie, Rancard Solutions Limited operates from its headquarters in Accra, Ghana. The company focuses on providing cloud solutions that facilitate audience engagement. In December 2013, it raised Series B funding from Peninsula Capital, Adlevo Capital, and Intel Capital.


Rancard has successfully completed two deals to date. Rancard specializes in activity-based cloud solutions designed to enhance audience engagement through advanced machine learning technologies. Their core products include the Rancard Cloud, which supports features such as audience messaging, conversational commerce, personalized rewards management, and AI-enabled customer engagement. These solutions optimize user acquisition, customer retention, and sales growth by providing insights into user preferences and enabling cross-channel execution.


Rancard serves a diverse clientele, including leading global brands, and operates across various geographical markets, including Africa, Europe, and select regions in Asia. Rancard's revenue model primarily revolves around subscriptions and partnerships with brands that leverage its cloud-based services for audience engagement and customer retention initiatives. The company structures its transactions based on service tiering, allowing clients to select plans that cater to their specific engagement needs. Their flagship products facilitate direct-to-consumer interactions and B2B applications, enhancing sales through personalized marketing campaigns and loyalty programs.


The pricing structure accommodates various client sizes and needs, ensuring accessibility and scalability within the markets they serve. Rancard Solutions Limited plans to introduce new products designed to further enhance audience engagement, although specific release dates have not been disclosed. The company is targeting expansion into new markets across Asia by 2024, aiming to strengthen its presence in regions with rapidly growing mobile engagement. Recent Series B funding will be utilized to support these initiatives, allowing Rancard to invest in product development and market entry strategies.


Current Investors

Intel Capital, Adlevo Capital, Peninsula Capital

Primary Industry

Software

Sub Industries

Software

Website

www.rancard.com

Company Stage

Series B

Total Amount Raised

Subscriber access only

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