Sagoon

Washington, United States Founded: 2015 • Age: 11 yrs
App-based social networking platform to earn rewards

About Sagoon

Sagoon is a Retail company based in Washington (United States) founded in 2015 by Kabindra Sitoula. App-based social networking platform to earn rewards. Sagoon has raised $7.1 million across 5 funding rounds from investors including Mandira Bedi. The company has 12 employees. Its Indian entity Sagoon India Private Limited reported revenue of β‚Ή96.6 Lakh. Its focus areas include Social Commerce and Social Deal Sharing. Its competitors include Wildlink, 10Tales and Hypespark; 2 of its 3 listed competitors have raised funding.

Company details

Sagoon was founded in 2015 as a social commerce platform. Mobile applications for Android and iOS devices are offered to users for connecting, sharing content, and shopping. Cashback, rewards, and points are provided as incentives for transactions conducted through the platform. Operations focus on integrating social interactions with e-commerce functionalities, with the domain sagoon.com serving as the primary online presence.

  • Headquarters Washington, United States
  • Employees 12
  • Founders Kabindra Sitoula
  • Sectors
    Retail
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website sagoon.com
  • Social LinkedIn X Facebook
  • Legal Name Sagoon India Private Limited
  • Date of Incorporation 12 Jan, 2015
  • Jurisdiction Faridabad, Haryana, India
Operational Areas
Key Metrics
  • Indian entity revenue
    ₹96.6 Lakh

    FY 2025 · -78% YoY

  • Indian entity net loss
    -₹4.9 Lakh

    FY 2025 · -5% margin

  • Indian entity EBITDA
    -₹2.8 Lakh

    FY 2025 · -3% margin

  • Total Equity Funding
    $7.1M (USD)

    in 5 rounds

  • Employee Count
    12

Funding Insights of Sagoon

Sagoon has successfully raised a total of $7.1M across 5 strategic funding rounds. 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 $7.1M
  • Total Rounds 5
  • First Round $499,900

    (Apr 2015)

  • Investors Count 1

All 5 funding rounds of Sagoon with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2018Angel Round––
Jan 2018$4.8MSeries A––
–
Aug 2016Seed––
–
Jun 2016$1.8MSeed––
–
Apr 2015$499,900Seed––
–
Valuation history

1 investors in total: 0 institutional and 1 angel.

Investors in Sagoon

Sagoon has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Mandira Bedi.

All
Angel
InvestorDescriptionFounded YearDomainLocation

Mandira Bedi

unknown_0640fa2314a74360b
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Investor details for Sagoon

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Board of directors of Sagoon India Private Limited (Sagoon)

Sagoon India Private Limited is the primary company behind Sagoon. The board of Sagoon India Private Limited currently have 2 directors; the longest-serving is Swati Dayal, appointed in 2015. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Swati Dayal
DIN 06955675
Director12 Jan 201511 yrs 9 moSagoon India Private Limited
Govinda Giri
DIN 07037120
Director12 Jan 201511 yrs 9 moSagoon India Private Limited

People of Sagoon

17 people are tracked at Sagoon (4 in leadership, 13 in team); the tracked headcount is 12.

NameRoleGroup
Kabindra Sitoula
Co-Founder, Chief of MarketingLeadership
Executive Director & Co-FounderLeadership
Founder, CEO, & Product StrategistLeadership
Niranjan Bhambi
Chief EngineerLeadership
Arvind Gupta
Software EngineerTeam
Swatantra kumar
Senior Front End DeveloperTeam
Dipendra Chaudhary
Business & Marketing LeadTeam
Chandni Sethi
Business AnalystTeam
Nirju Lawat
Human Resources ManagerTeam
Omer Bhat
Product ManagerTeam
Omer Bhatt
DesignerTeam
Ashmita Rijal
Content ManagerTeam
Archika Anand
Manager Human ResourcesTeam
Udayakrushna Barik
Finance & Admin ManagerTeam
Roshan Poudel
Software EngineerTeam
Abhilasha Darnal
Senior Content WriterTeam
Mahendar Edla
Founding MemberTeam
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Financials of Sagoon

Figures of Sagoon India Private Limited, the primary company behind Sagoon, for FY 2025. Revenue was ₹96.6 Lakh (-78% year on year). Net loss was -₹4.9 Lakh (-5% margin). EBITDA was -₹2.8 Lakh (-3% margin). Revenue has grown at a compounded annual rate of -37% over three years and -10% over five years.

  • ₹96.6 LakhRevenue · FY 2025 · -78% YoY
  • -₹4.9 LakhNet loss · -5% margin
  • -₹2.8 LakhEBITDA · -3% margin
  • ₹11.3 LakhPaid-up capital
  • 12Employees (provident fund records)
  • -37%Revenue CAGR, 3 years
  • -10%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Sagoon India Private Limited are on its company page.

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Detailed financial statements for Sagoon

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Timeline of Sagoon

3 dated milestones of Sagoon across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded Sagoon is founded.
  2. Funding First funding round of $500K.
  3. Funding Latest funding round, Angel Round,.

Competitors of Sagoon

Sagoon has 3 listed competitors in our database, 2 of them funded. They include Wildlink, 10Tales and Hypespark.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
wildlink.me2017San Diego, United States$15M
Online app based platform offering promotional products and services for businesses
10tales.co2015Menlo Park, United States$565,000
Online platform creating videos to share stories
hypespark.com2008Wapato, United States
Operates an online platform for social deal sharing with rewards on various products.
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Detailed competitors of Sagoon

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Web traffic of Sagoon

Websites that share an audience with Sagoon (sagoon.com).

Similar websites

Websites whose visitors overlap most with Sagoon. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
gooru.pl
100%
View details
exalead.com
100%
#4,242,403View details
jayde.com
jayde.com
100%
#2,113,608–
fast.no
fast.no
90%
–
sindice.com
90%
View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 25 similar websites and full traffic analytics for Sagoon

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  • 25 similar websites
  • Audience overlap
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  • Traffic by brand

Verified entity values are shown only after access is granted.

Top companies in Social & Influencer Commerce

3 companies that operate in the same segment as Sagoon (Social & Influencer Commerce) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Used multi-category products are traded via an app-based social marketplace.
2011Redwood City, California, United StatesUSD 203 MUSD 7.23 M224
Fourthwall is utilized by creators to build shops and memberships.
2019Los Angeles, California, United StatesUSD 17 M
Multi-category products are traded via an app-based video commerce platform.
2019El Segundo, California, United StatesUSD 235.75 M151
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Related news about Sagoon

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Frequently Asked Questions about Sagoon

Sagoon was founded in 2015.

Sagoon is headquartered in Washington, United States. It is registered at Washington, District Of Columbia, United States.

Sagoon is a funded company, having raised a total of $7.1M across 5 funding rounds to date. The company's 1st funding round was a Seed of $499.9K, raised on Apr 2015.

Sagoon has 12 employees.

The primary company behind Sagoon, Sagoon India Private Limited, reported revenue of β‚Ή96.6 Lakh for FY 2025, down 78% year on year.

Sagoon was founded in 2015 as a social commerce platform. Mobile applications for Android and iOS devices are offered to users for connecting, sharing content, and shopping. Cashback, rewards, and points are provided as incentives for transactions conducted through the platform. Operations focus on integrating social interactions with e-commerce functionalities, with the domain sagoon.com serving as the primary online presence.

Sagoon's top competitors include Wildlink, 10Tales and Hypespark.

Sagoon has 1 investor. Key investors include Mandira Bedi.

Sagoon operates through Sagoon India Private Limited.

The legal entities of Sagoon currently have 2 directors, including Swati Dayal, Govinda Giri.

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