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
Locked
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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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
Not available
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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.
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.
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Venture capital firm focused on seed and growth investments
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Funding solutions are offered by SVC to startups and entrepreneurs.
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Investor details for Bonat
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Investments & Acquisitions by Bonat
Investment portfolio details for Bonat
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Financial Statements - Bonat
Detailed financials for Bonat
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Bonat Comparisons
Peer comparison for Bonat
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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 |
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A rewards network connects small businesses for customer loyalty programs.
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Merit Incentives is recognized as a global provider of engagement technology.
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Card-based loyalty and gift programs are integrated with POS systems.
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Digital gift cards and marketing platform
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Gift card management software is offered for business voucher sites.
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Detailed competitors of Bonat
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Latest news on Bonat
Complete news archive for Bonat
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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.