pravici Research by SuperAGI

Company Overview

Pravici is a technology company specializing in blockchain technologies, loyalty programs, and customer relationship management (CRM) systems. The company's core product, Pravici RnR, is a customizable toolkit designed to build employee rewards programs tailored to organizational needs. Pravici's mission is to help customers solve problems and add value, a philosophy rooted in the company's origins among former Oracle colleagues.

_Pravi sponsolečnost_, s.r.o. is headquartered in Chandler, Arizona, and was founded to leverage blockchain technology's potential for creating innovative solutions in marketing and loyalty for Fortune 500 companies.

Key Offerings

Pravici RnR: A toolkit for building customizable Employee Rewards programs.

Blockchain-Based Toolkit: Enables participants to create, publish, and manage offers related to earning, burning, or converting blockchain assets.

PocketCred: Provides verifiable credentials, supporting initiatives like NFTs and tokenization.

Comprehensive SaaS Platform: Designed to implement loyalty programs and CRM systems effectively.

Financials and Valuation

Pravici’s revenue is reported to be less than $5 million. Detailed funding and investment information can be found on platforms like PitchBook and Crunchbase.

Key Executives and Team Members

Mahesh Balan

Position: CEO

Experience: Over 30 years in the IT industry, specializing in customer relationship management, product development, loyalty & rewards, and verifiable credentials.

Notable Posts: Frequently engages with the community on LinkedIn, sharing recognition and updates about Pravici's achievements, including awards from institutions like Arizona State University.

Daniel Zaretsky

Position: Vice President of DLT & BC and Professional Services

Experience: Extensive background in people management, CRM loyalty practices, and professional services.

Recent Activity: Demonstrates Pravici's solutions at various industry conferences, showcasing their award-winning SaaS products.

Jason Rasmussen

Position: Enterprise Architect & Lead Developer

Experience: Proven track record as a software engineer and web developer, instrumental in automotive-related projects and currently leading development initiatives at Pravici.

Kevin Leeds

Position: Senior Developer

Experience: Expertise in software architecture, integral in driving the development of Pravici’s blockchain and SaaS solutions.

Nani Wong

Position: Controller

Education: University of Texas at Austin

Experience: Responsible for financial oversight and control within the company.

Chieko Kagiyama

Position: Customer Success Manager

Experience: Background in business analysis and customer success, playing a crucial role in maintaining customer satisfaction and successful product implementation.

Company Culture and Philosophy

Pravici emphasizes a culture of agility and continuous learning, particularly in the rapidly evolving blockchain technology sector. The firm strongly believes in generating repeat business through effective problem-solving and customer value addition.

Recent Recognition and Activities

Awards and Acknowledgements: Recognized by institutions like the Edson Entrepreneurship + Innovation Institute at Arizona State University.

Industry Engagement: Active participation in conferences and industry events, including showcasing products at the AZ SHRM Annual Conference.

Competitor Profiling for Pravici

Top Competitors Overview

Pravici operates in the employee recognition and rewards space, facing significant competition from various companies offering similar services. Here, we detail some of Pravici's primary competitors, with insights into their offerings and market positions.

1. Reward Gateway

Company Overview:
Reward Gateway, now under the parent company Edenred, specializes in comprehensive employee engagement solutions. Founded in 2006, it is renowned for its user-friendly platform that offers a spectrum of engagement tools. As of the latest, it has empowered over 8 million employees across 4,500 clients globally.

Product Offerings:

Employee Recognition and Rewards: Includes customized reward programs, peer-to-peer recognition, and manager-led recognition.

Employee Communications: Tools for seamless internal communications.

Employee Surveys: Platforms for gathering employee feedback.

Employee Wellbeing and Discounts: Tools that support employees' physical and mental wellbeing, as well as discount programs.

Market Presence:

Global Reach: Operates in multiple countries with offices in the U.S., UK, and Australia among others.

Employee Base: Employs over 650 people worldwide.

Clientele: Trusted by major companies for employee engagement.

2. Dedicated Developers

Company Overview:
Established in 2007 and headquartered in Alpharetta, GA, Dedicated Developers is a web and mobile application development company. Its services extend to developing custom software for businesses across multiple industries, emphasizing customer satisfaction and innovative solutions.

Product Offerings:

Website Development: Provides custom web development solutions.

Mobile App Development: Expertise in both native and hybrid mobile applications.

Enterprise Solutions: Offers software development and business automation tools.

Market Presence:

Global Reach: Offices in San Francisco, Los Angeles, Chicago, New York, and India.

Clientele: Over 1000 projects for more than 300 clients across 15+ countries.

Awards: Recognized by entities like Clutch.co for excellence in web and mobile app development.

3. Orion InfoSolutions

Company Overview:
Founded in 2014, Orion InfoSolutions is based in Jaipur, India, and offers a wide array of IT services, including mobile app development, custom software solutions, and business process automation.

Product Offerings:

Mobile App Development: Specializes in Android, iOS, and hybrid app development.

Game Development: Develops 2D/3D games for various platforms.

Web Design and Development: Provides custom web development and digital marketing services.

Market Presence:

Global Reach: Offices in the USA, Germany, Israel, and Singapore.

Clientele: Serves a diverse client base with over 2,600 projects completed.

Team: Consists of 80+ skilled professionals.

4. Innotical Solutions

Company Overview:
Innotical Solutions, operating since 2014, is based in Noida, India. It focuses on mobile and web application development, delivering high-quality technical solutions across various verticals.

Product Offerings:

Mobile App Development: Develops apps for Android, iOS, and cross-platform solutions.

Web Development: Provides enterprise-level web development services.

E-Commerce Solutions: Offers tailored e-commerce solutions, from concept to execution.

Market Presence:

Global Reach: Operations in the USA and UAE.

Employee Base: Employs over 70 professionals.

Clientele: Completed 450 projects for different industries.

5. Tekki Web Solutions

Company Overview:
Tekki Web Solutions, a global IT consulting and custom software development company, was founded in 2010. Specializing in digital transformation and IT consulting services, it engineers robust and secure software solutions.

Product Offerings: