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 of Bonat. They have also founded 1 company.

How many employees does Bonat have?

As of Apr 30, 2026, the latest employee count at Bonat is 52.

Is Bonat a funded company?

Bonat is a funded company, having raised a total of $6M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Mar 17, 2021.

When was the latest funding round of Bonat?

Bonat's latest funding was a $***** Series A round on Nov 04, 2025, with participation from 4 investors.

Where does Bonat rank among its competitors?

Bonat ranks 1st amongst 30 active competitors, of which 6 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Bonat, which secured $6M in Nov, 2025.

Who are the top competitors of Bonat?

Bonat's top competitors include Nift, Merit Incentives and Thanks. Among them, Bonat secured the most recent funding round in November, 2025.

Bonat - 2026 Company Profile, Team, Funding & Competitors

Company Details

Platform offering app based loyalty software. It lets users collect points, get rewarded, buy gift cards and gift their friends. It generates a personal QR code that can be used in partnered shops whenever they buy something they can scan then get rewarded. It provides a web interface to manage a loyalty program that includes data analytics, feedback, customer communication, and sends gifts.

Website: www.bonat.io/
Email ID: *****@bonat.io
Phone Number: +966 **********

Key Metrics

Founded Year

2018

Location

Riyadh, Saudi Arabia

Stage

Series A

Total Funding

$6M in 3 rounds

Latest Funding Round

Series A, Nov 04, 2025, $*****

Investors

Wa'ed Ventures & 6 more

Ranked

1^st among 30 active competitors

Employee Count

52 as on Apr 30, 2026

Investment & Acquisitions

Rize

Similar Companies

Nift & 33 more

View Bonat's full profile

Bonat has raised a total funding of $6M over 3 rounds. Its first funding round was on Mar 17, 2021. Its latest funding round was a Series A round on Nov 04, 2025 for $*****. 4 investors participated in its latest round. Bonat has 7 institutional investors.

Here is the list of recent funding rounds of Bonat:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 04, 2025	4290494	Series A	6885282	4195548	2553240	5179464
2022	1936	Series A	7739	8668	8342	9494
Mar 17, 2021	2830845	Seed	7714503	4235440	Impact46	SVC

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View details of Bonat's funding rounds and investors

The founders of Bonat is Saud Binsaeed. Saud Binsaeed is the CEO of Bonat.

Here are the details of Bonat's key team members:

Saud Binsaeed: Co-Founder & CEO of Bonat.
Contact Info: 1 email address

View details of Bonat's Founder profiles and Board Members

Bonat's employee count trend

Bonat has 52 employees as of Apr 26. Here is Bonat's employee count trend over the years:

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Top competitors of Bonat include Nift, Merit Incentives and Thanks. Here is the list of Top 10 competitors of Bonat, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Bonat 2018, Riyadh (Saudi Arabia), Series A	Platform offering app based loyalty software	$6M	Impact46, RZM Investment & 5 others	66/100
2nd	Nift 2014, Cambridge (United States), Series A	Rewarding customers with thank-you gifts to discover new brands	$19.5M	Spark Capital, Accomplice & 2 others	62/100
3rd	Merit Incentives 2016, Dubai (United Arab Emirates), Series B	Customer engagement and loyalty management platform	$45M	Impact46, ICAP & 5 others	54/100
4th	Thanks 2023, Sydney (Australia), Seed	Coupon based loyalty platform for customers	$2.6M	Peak XV Partners, Surge & 2 others	53/100
5th	eCard Systems 2001, Brentwood (United States), Acquired	Card-based gift and loyalty program solutions	-	Housatonic, Iron Creek Partners & 4 others	37/100
6th	Simple Discounts Australia, Unfunded	Provides discounts for tenants for paying bills	-	-	36/100
7th	Enjovia 2013, United Kingdom, Seed	Gift card management system and gift card system software	$282K	Alacrity, Wesley Clover & 1 others	35/100
8th	Transaction Wireless 2006, San Diego (United States), Acquired	Digital gift cards and marketing platform	$4.25M	Okapi Venture Capital, Mission Ventures	34/100
9th	GIFTA 2020, Melbourne (Australia), Unfunded	Platform for purchasing and managing gift cards and gift card solutions	-	-	30/100
10th	Goodies Card 2019, Kottayam (India), Deadpooled	Loyalty cards collection portal	-	-	30/100