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
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$6 M (USD)
in 3 rounds
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Latest Funding Round
$6 M (USD), Series A
Nov 04, 2025
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Investors
Wa'ed Ventures
& 3 more
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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 Funding
- Total Rounds 3
- Last Round Series A — $6.0M
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2025 | Amount | Series A - Bonat | Valuation | tali ventures |
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| Jun, 2022 | Amount | Series A - Bonat | Valuation | Wa'ed Ventures |
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| Mar, 2021 | Amount | Seed - Bonat | Valuation | Impact46 |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Founded Year | Domain | Location | |
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Venture capital firm focused on seed and growth investments
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Founded Year | Domain | Location | |
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Funding solutions are offered by SVC to startups and entrepreneurs.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Bonat
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Bonat
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Bonat Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
A rewards network connects small businesses for customer loyalty programs.
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| domain | founded_year | HQ Location |
Merit Incentives is recognized as a global provider of engagement technology.
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| domain | founded_year | HQ Location |
Card-based loyalty and gift programs are integrated with POS systems.
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| domain | founded_year | HQ Location |
Digital gift cards and marketing platform
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| domain | founded_year | HQ Location |
Gift card management software is offered for business voucher sites.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Bonat
When was Bonat founded?
Bonat was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Where is Bonat located?
Bonat is headquartered in Riyadh, Saudi Arabia.
Who is the current CEO of Bonat?
Saud Binsaeed is the current CEO of Bonat. They have also founded this company.
Is Bonat a funded company?
Bonat is a funded company, having raised a total of $6M across 3 funding rounds to date.
What does Bonat do?
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.
Who are the top competitors of Bonat?
Bonat's top competitors include Nift, Merit Incentives and eCard Systems.
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