Nozol

Collaboration CRM 4 real-estate professionals
Startup name
Nozol
Web address
Founding date
February 2016
Incorporation
Yes
Total team member
16
Startup stage
Paying users
Category
Enterprise
Sector
Enterprise software
Product usage or interact
Desktop, Mobile/Tablet (iOS), Mobile/Tablet (Android)
City
Cairo, Cairo Governorate, EG

Elevator pitch

Nozol empower the real-estate professionals including SMEs with smart tools enable them not to only manage their sales pipeline and properties, but also to close deal faster by auto-qualifying their prospects using AI, collaborate & exchange deals with each others, and the most important thing; connect them with the qualified prospects.

Team

Ahmed Ezzat

I have 6 years experience in real estate. also i managed 2 companies in the past, one of them was a real estate brokerage company.

Ahmed Farahat

I'm a serial entrepreneur, I founded eNichers​, A3ali​ and ​Nozol​. I worked as a systems architect in Internal Results which is a successful Irish startup. I studied engineering in Mansoura University, bachelor of Electronics And Communication​ Engineering.

Business model

Target customer

Real-estate SME, brokers offices, Freelance brokers

Customer acquisition strategy

Direct, Referral program as it is a close system

Revenue model

- Subscription Model for SME
- Brokerage Fees from brokers

Market info

Market size

$ 20,000,000,000

Competitors

Competition

(Propspace) and the listing platform JustProperty.com are owned by JRDgroup, also (MyCRM) is owed by PropertyFinder.com.
Propertybase.com is salesforce company.

KPI's

  • 7 LTV/CAC
  • 90 Retention
  • 500 Number of paid subscribers
  • 600,000 Revenues

Startup traction

LTV / CAC = 7x
90% Retention
90% of current client paid 1 year in advance.
Sell the beta from the first 2weeks.
Make money in Egypt :)

Other information

- The first innovation prize of Egyptian Minister of communication 2016.
- TIEC acceleration.

Publication date: 24 September 2017