Companies · SaaS / Software

SakneenWinter 2020Active

Cairo · Cairo Governorate, Egypt; Remote · SaaS / Software · founded 2020 · http://www.sakneen.com/

Diligence memoA one-page analyst read on Sakneen — recommendation, valuation, rhythm, risks.
$1.1M
Total raised · real
1
Rounds
Latest step-up
Top 13%
Sector rank · raised
Seed
Latest stage · inferred · Tue Feb 09 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

Sakneen looks under-valued against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the saas sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Under-valued
  • Modeled value is 0.46× the median modeled value of Seed SaaS / Software companies in 2019–2021 (8 peers) — value vs value, same stage and era.
Dormant
  • Last raise 5.4 yr ago; this sector typically re-raises about every 22 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.
Where it sits in SaaS / Software

Sakneen is one of 381 SaaS / Software companies tracked from Cairo, Cairo Governorate, Egypt; Remote, on record since 2020. By capital raised it ranks in the upper tier (ahead of 88% of sector peers), and in the upper tier by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

Shopify for Real Estate Developers

Egyptian prop-tech startup Sakneen has raised a US$1.1 million seed funding round to expand its team and continue adding new aspects to its platform.

SaaSHousing
Find Sakneen online

As reported in public records reported — not modeled.

EG
Jurisdiction
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$13M$25M$38M$50MSeed · 2021-02-09 Raised $1.1M (real) Modeled valuation $31M (est)$1.1M$31MSeed2021

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Seed$1.1M · 2021

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$31.5M
Base estimate est.
$990K
Conservative case
$209.3M
Upside case
$5.5M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the saas sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
40%
Survival probability
18% low · 62% high
1.64×/yr
Annual markup
2.15×/yr upside case
5.4 yr
Elapsed time used
5.4 yr actual, capped for stale marks
saas
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
5.4 yr
On record since
2021
First round
1
Rounds on file
How it compares to the market

Benchmarked against 381 companies in SaaS / Software. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 0.1× of median
This company$1.1M
Sector median$7.7M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.4× of median
This company$1.1M
Sector median$2.6M
Modeled value — vs sector median (estimate, all stages) 0.4× of median
This company$31.5M
Sector median$86.5M

Raised more than 88% of sector peers (real $). Modeled value above 89% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Seed) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #8 of 8.

This companyCohort peer
$10.0M$100.0M$1.0B$100K$1.0M$10.0MCapital raised (log)Kaya Holdings, Inc. · Seed Raised $6.1M · modeled $141.7M (est)Clay, Inc. · Seed Raised $4.1M · modeled $79.3M (est)Laudable, Inc. · Seed Raised $2.9M · modeled $72.8M (est)SaaS Alerts, Inc. · Seed Raised $3.5M · modeled $69.9M (est)Hive Holdings, Inc. · Seed Raised $1.7M · modeled $66.0M (est)June Inc. · Seed Raised $2.4M · modeled $59.8M (est)SaaS Industries, Inc. · Seed Raised $1.4M · modeled $44.5M (est)Sakneen (this company) Raised $1.1M · modeled $31.5M (est)Sakneen
CompanyStageRaised · realValue · estvs peer med.
Kaya Holdings, Inc.Seed$6.1M$141.7M2.09×
Clay, Inc.Seed$4.1M$79.3M1.17×
Laudable, Inc.Seed$2.9M$72.8M1.07×
SaaS Alerts, Inc.Seed$3.5M$69.9M1.03×
Hive Holdings, Inc.Seed$1.7M$66.0M0.97×
June Inc.Seed$2.4M$59.8M0.88×
SaaS Industries, Inc.Seed$1.4M$44.5M0.66×
Sakneen this companySeed$1.1M$31.5M0.46×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Seed$1.1M2021-02-09$5.5M$31.5M45%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Seed$1.1M2021-02-09
    • First recorded raise — entered as Seed.
Intelligence
Modeled next raise
$1.8M
Modeled next size est.range $1.1M$2.8M
Last step-up
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Registry & provenance

Sakneen is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
EG
Jurisdiction
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Dex Inc.SaaS / SoftwareSeed$1.3M$51.7Msame sector · same stage
SaaS Industries, Inc.SaaS / SoftwareSeed$1.4M$44.5Msame sector · same stage
Hive Holdings, Inc.SaaS / SoftwareSeed$1.7M$66.0Msame sector · same stage
June Inc.SaaS / SoftwareSeed$2.4M$59.8Msame sector · same stage
Devyce Inc.SaaS / SoftwareSeed$2.6M$36.3Msame sector · same stage
Quan Inc.SaaS / SoftwareSeed$2.8M$19.7Msame sector · same stage
Laudable, Inc.SaaS / SoftwareSeed$2.9M$72.8Msame sector · same stage
QmeSaaS / SoftwareSeed$3.0M$11.7Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
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Snapdocs, Inc.
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@Home Livingspace
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Foundation
Shopify for Homebuilders
Proptech / Real Estate74%
Mayan
A growth automation platform for Amazon sellers
SaaS / Software74%
2 SA1X AS
Norwegian limited company, based in Drammen. Sector: Real Estate.
Real Estate74%
Actiondesk
Access all your live data in one place
SaaS / Software73%
Frequently asked
How much funding has Sakneen raised?
Sakneen has raised approximately $1.1M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Sakneen's estimated valuation?
Provath's modeled valuation for Sakneen is approximately $31.5M (modeled range $990K–$209.3M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Sakneen at?
Sakneen's latest modeled financing stage is Seed. Its most recent recorded round closed around Tue Feb 09.
What does Sakneen do and where is it based?
Sakneen operates in the SaaS / Software sector, based in Cairo, Cairo Governorate, Egypt; Remote. Shopify for Real Estate Developers
Explore related

See where Sakneen sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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