Sanad Cash

United States Founded: 2020 • Age: 6 yrs Acquired By Qashio
Provider of employee benefit services
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About Sanad Cash

Sanad Cash is a company based in United States founded in 2020 was acquired by Qashio in October 2025.. Sanad Cash has raised $1.6 million across 1 funding round from investors including HyperPay, Qashio and Impact46. Sanad Cash operates in a competitive market with competitors including Bright Horizons Family Solutions, Zenith American Solutions, Intellivo, SAVii and Circle In, among others.

  • Headquarter United States
  • Sectors
    Business Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Business Services → Workforce & Human Resource Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $1.6 M (USD)

    in 1 rounds

  • Latest Funding Round
    $1.6 M (USD), Seed

    Jan 26, 2022

  • Investors
    HyperPay

    & 6 more

  • Employee Count
    Employee Count
  • Acquired by
    Qashio

    & 1 more

    (Oct 20, 2025)

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People of Sanad Cash
Headcount 10-50
Employee Profiles 7
Employee Profiles
People
Shorhabel Ghoneim
Co-founder & CTO
People
Munir Q.
Senior Mobile Software Engineer
People
Mahmoud Iswaid
Co-founder And CEO
People
Sultan Alhugail
Co-founder & CCO

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Funding Insights of Sanad Cash

Sanad Cash has successfully raised a total of $1.6M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.6 million completed in January 2022. 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 1
  • Last Round Seed — $1.6M
  • First Round

    (26 Jan 2022)

  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2022 Amount Seed - Sanad Cash Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Sanad Cash

Sanad Cash has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include HyperPay, Qashio and Impact46. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital firm focused on seed and growth investments
Founded Year Domain Location
A venture capital fund based in Saudi Arabia is operated.
Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Sanad Cash

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Sanad Cash

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Sanad Cash Comparisons

Employees
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Competitors of Sanad Cash

Sanad Cash 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 Bright Horizons Family Solutions, Zenith American Solutions, Intellivo, SAVii and Circle In, 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
Early education and child care services are provided globally.
domain founded_year HQ Location
Third-party administration services are provided for U.S. workforce benefits.
domain founded_year HQ Location
Healthcare claims detection and recovery solutions are provided.
domain founded_year HQ Location
Provider of Payday Loans
domain founded_year HQ Location
Employee benefit services are provided to support company workforces.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Sanad Cash

Frequently Asked Questions about Sanad Cash

When was Sanad Cash founded?

Sanad Cash was founded in 2020 and raised its 1st funding round 2 years after it was founded.

Where is Sanad Cash located?

Sanad Cash is headquartered in United States.

Is Sanad Cash a funded company?

Sanad Cash is a funded company, having raised a total of $1.6M across 1 funding round to date. The company's 1st funding round was a Seed of $1.6M, raised on Jan 26, 2022.

What does Sanad Cash do?

Sanad Cash was founded in 2020 and is headquartered in the United States. Employee benefit services are offered, with a focus on cash-based solutions for workforce compensation and perks. Operations are conducted in the human resources and financial services sectors, supporting companies through streamlined benefit administration. The companys domain, sanadcash.com, facilitates access to these services, which are tailored for domestic markets without international expansion noted.

Who are the top competitors of Sanad Cash?

Sanad Cash's top competitors include Bright Horizons Family Solutions, Intellivo and Zenith American Solutions.

Who are Sanad Cash's investors?

Sanad Cash has 7 investors. Key investors include HyperPay, Qashio, Impact46, Derayah VC, and BIM Ventures.

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