Saudi-based technology startup Declic has successfully closed a $1 million seed funding round to advance its innovative social networking platform. The investment was led by VidMatic Digital DMCC, a firm specializing in digital advertising solutions, signaling strong confidence in Declic's vision. This capital injection is earmarked to accelerate product development and fuel the company's strategic regional expansion into new markets.
Pioneering a Unified Social Experience
Founded in 2024 by a team including Dr. Alice Othmani, Pritesh Prajapati, and Paul K., Declic is engineered to redefine social interaction. The platform uniquely integrates event discovery, ticketing services, and community-building tools into a single, seamless interface. This consolidated approach aims to simplify the process of creating, managing, and participating in shared experiences, both virtual and physical.
Harnessing AI for Personalized Engagement
At the heart of Declic's platform is a sophisticated artificial intelligence engine designed to create a highly personalized user journey. The technology analyzes user preferences, location data, and stated interests to provide tailored recommendations for events and activities. This smart social layer ensures that users are connected with opportunities that genuinely align with their passions and professional goals.
This AI-driven personalization benefits the entire ecosystem by moving beyond passive content consumption toward active, real-world participation. Users can more easily discover hobby meetups, professional networking functions, and unique social gatherings with like-minded individuals. Simultaneously, event organizers are empowered with tools to reach their most relevant audiences more effectively, ensuring higher engagement and success.
A Sustainable Business Model
Declic has established a clear monetization strategy centered on premium subscriptions and individual ticket sales for events hosted on the platform. This business model directly links the company's revenue to the activity and success of its user base. By focusing on driving participation in community-led events, the platform creates a symbiotic relationship that supports organizers and community builders.
Strategic Regional Expansion
The company has already launched its services in Tunisia and Morocco, establishing an initial foothold in the North African market. With the new $1 million in funding, Declic is now poised to execute its ambitious expansion into the Gulf region. This strategic move is timed to capitalize on the growing demand for innovative digital tools that facilitate meaningful community engagement across the Middle East.
This seed funding round marks a pivotal moment for Declic, providing the necessary resources to scale its operations and enhance its technological capabilities. As the company expands its footprint from North Africa to the Gulf, it is well-positioned to become a key player in the region's evolving digital landscape. Declic's focus on fostering genuine connections through AI-powered, real-world experiences promises to shape the future of social networking.