Bonat

Riyadh, Saudi Arabia Founded: 2018 • Age: 8 yrs
App-based loyalty software is offered for rewards and point collection.
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Annual revenue - Latest available
Total funding $6.0M 3 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products - Services tracked
Competitors 8 Brand Intelligence

About Bonat

Bonat is a company based in Riyadh (Saudi Arabia) founded in 2018 by Saud Binsaeed. Bonat has raised $6 million across 3 funding rounds from investors including Wa'ed Ventures, Impact46 and SVC. Bonat operates in a competitive market with competitors including Nift, Merit Incentives, eCard Systems, Transaction Wireless and Enjovia, among others.

  • Headquarter Riyadh, Saudi Arabia
  • Founders Saud Binsaeed
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Marketing, Adtech & Commerce Technology → →
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $6 M (USD)

    in 3 rounds

  • Latest Funding Round
    $6 M (USD), Series A

    Nov 04, 2025

  • Investors
    Wa'ed Ventures

    & 3 more

  • Employee Count
    Employee Count
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Funding Insights of Bonat

Bonat has successfully raised a total of $6M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $6 million completed in November 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 3
  • Last Round Series A — $6.0M
  • First Round
  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2025 Amount Series A - Bonat Valuation tali ventures
Jun, 2022 Amount Series A - Bonat Valuation Wa'ed Ventures
Mar, 2021 Amount Seed - Bonat Valuation Impact46
SVC

Investors in Bonat

Bonat has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Wa'ed Ventures, Impact46 and SVC.

All
Venture Fund
Investor Description Founded Year Domain Location
Wa'ed Ventures
-
Founded Year Domain Location
Impact46
Venture capital firm focused on seed and growth investments
Founded Year Domain Location
SVC
Funding solutions are offered by SVC to startups and entrepreneurs.
Founded Year Domain Location

Investments & Acquisitions by Bonat

Investments

Financial Statements - Bonat

Bonat Comparisons

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Competitors of Bonat

Bonat operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Nift, Merit Incentives, eCard Systems, Transaction Wireless and Enjovia, among others.

Company Name Domain Founded year HQ Location Description
Nift
domain founded_year HQ Location
A rewards network connects small businesses for customer loyalty programs.
Merit Incentives
domain founded_year HQ Location
Merit Incentives is recognized as a global provider of engagement technology.
eCard Systems
domain founded_year HQ Location
Card-based loyalty and gift programs are integrated with POS systems.
Transaction Wireless
domain founded_year HQ Location
Digital gift cards and marketing platform
Enjovia
domain founded_year HQ Location
Gift card management software is offered for business voucher sites.

Latest news on Bonat

Bonat raises Seed investment led by Impact46
Wamda • 5 years ago

Frequently Asked Questions about Bonat

Bonat was founded in 2018 and raised its 1st funding round 3 years after it was founded.

Bonat is headquartered in Riyadh, Saudi Arabia.

Saud Binsaeed is the current CEO of Bonat. They have also founded this company.

Bonat is a funded company, having raised a total of $6M across 3 funding rounds to date.

Founded in 2018 and based in Riyadh, Saudi Arabia, Bonat operates in the loyalty management sector. An app-based platform is provided, enabling users to collect points, receive rewards, purchase gift cards, and share gifts with others. Personal QR codes are generated for scanning at partnered shops to earn benefits. A web interface is included for program management, featuring data analytics, customer feedback, communication tools, and gift distribution.

Bonat's top competitors include Nift, Merit Incentives and eCard Systems.

Bonat has 4 investors. Key investors include Wa'ed Ventures, Impact46, SVC, and tali ventures.

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