When was Waada founded?

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

Where is Waada located?

Waada is headquartered in Karachi, Pakistan.

Who is the current CEO of Waada?

Ishaq Kothawala of Waada. They have also founded 1 company.

How many employees does Waada have?

As of Aug 31, 2026, the latest employee count at Waada is 427.

Is Waada a funded company?

Waada is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Nov 07, 2022.

When was the latest funding round of Waada?

Waada's latest funding was a $***** Seed round on Nov 07, 2022, with participation from 0 investor.

Where does Waada rank among its competitors?

Waada ranks 1st amongst 2 active competitors, only 1 of which is funded. Waada, which secured $1.3M in Nov, 2022.

Waada - 2026 Company Profile, Team, Funding & Competitors

Waada is a seed company based in Karachi (Pakistan), founded in 2020 by Ishaq Kothawala. It operates as a Provider of insurance products. Waada has raised $1.3M in funding.

Company Details

Provider of insurance products. The platform offers various insurance solutions including personal accidental insurance, hospital cash, life insurance, and mobile phone insurance.

Website: waada.pk
Social
Email ID: *****@waada.pk
Phone Number: +92 **********

Key Metrics

Founded Year

2020

Location

Karachi, Pakistan

Stage

Seed

Total Funding

$1.3M in 1 round

Latest Funding Round

Seed, Nov 07, 2022, $*****

Investors

Gobi Partners & 3 more

Ranked

1^st among 2 active competitors

Employee Count

427 as on Aug 31, 2026

Similar Companies

Getsafe & 40 more

View Waada's full profile

Waada has raised a total funding of $1.3M over 1 round. Waada has 4 institutional investors.

Here is the list of recent funding rounds of Waada:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 07, 2022	5512720	Seed	6199098	9319548	9995128	9465451

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View details of Waada's funding rounds and investors

The founders of Waada is Ishaq Kothawala. Ishaq Kothawala is the CEO of Waada.

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

Ishaq Kothawala: CEO and Founder of Waada.

View details of Waada's Founder profiles and Board Members

Waada's employee count trend

Waada has 427 employees as of Aug 26. Here is Waada's employee count trend over the years:

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Top competitors of Waada include CometInsure. Here is the list of Top 10 competitors of Waada, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Waada 2020, Karachi (Pakistan), Seed	Provider of insurance products	$1.3M	Gobi Partners, Planet N Group & 2 others	43/100
2nd	CometInsure 2015, Karachi (Pakistan), Unfunded	Online insurance comparison platform	-	-	25/100