JKLabs

JKLabs

A platform for communities to make, execute, and reward decisions. Learn more

Market cap
-
Enterprise valuation
$8—12m (Dealroom.co estimates Aug 2023.)
Berlin Germany (HQ)
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DateInvestorsAmountRound
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$2.0m

Seed
Total Funding$2.0m

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Jokerace is a platform designed to facilitate community-driven contests where participants can submit responses to prompts, vote on their favorites, and reward winners. The platform serves a diverse range of clients, including online communities, organizations, and social groups looking to engage their members in decision-making processes. Operating in the digital engagement and community management market, Jokerace leverages a user-friendly interface to streamline the creation and execution of contests. The business model is likely subscription-based or commission-based, generating revenue through fees for hosting contests and premium features. Jokerace stands out by allowing contest creators to set specific requirements for who can submit and vote, as well as to establish a rewards pool for winners, which can be funded by the community. This flexibility and customization make it a valuable tool for fostering active participation and engagement within communities.

Keywords: community engagement, contests, voting platform, rewards, decision-making, digital engagement, user-friendly, customizable, subscription-based, online communities.